Worsening euro zone business downturn reignites recession fears
LONDON, July 24 (Reuters) – Euro zone business activity shrank much more than expected in July as demand in the bloc’s dominant services industry declined...
Fed set to launch long-awaited instant payments service, modernizing system
July 20 (Reuters) – The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country’s payment system...
World Bank should add disaster clauses to debt agreements, Yellen says
[1/2]U.S. Treasury Secretary Janet Yellen delivers her speech at the U.S embassy to France, ahead of the Global Climate Finance conference, in Paris, France June...
Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
Central banks, still waiting for relief on inflation, lean higher on rates
[1/2] Euro banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration WASHINGTON/FRANKFURT, June 15 (Reuters) – Two years into confronting rising inflation,...
Shares rise, Treasury yields fall as US jobless claims surge
US shares rise, European shares flat Treasury yields fall, jobless claims hit over 1-1/2-yr high Some bond investors reprice rate expectations after Canada surprise Turkey’s...
Analysis: Debt ceiling deal ignores US debt time bomb
WASHINGTON, June 5 (Reuters) – Republicans and Democrats are touting a hastily-written debt ceiling deal that staves off a devastating U.S. default, but does little...
Exclusive: From Russia with gold: UAE cashes in as sanctions bite
LONDON, May 25 (Reuters) – The United Arab Emirates has become a key trade hub for Russian gold since Western sanctions over Ukraine cut Russia’s...
US debt standoff overshadows G7 finance leaders’ meeting
Japan says G7 may discuss U.S. debt crisis, ready to respond Biden warns of U.S. recession unless ceiling raised quickly G7 to debate ways to...
Yellen: Still uncertainty about when Treasury will run out of cash
NIIGATA, Japan, May 12 (Reuters) – Treasury Secretary Janet Yellen said there was still uncertainty about exactly when Treasury would run out of cash to...