The results of Sunday’s election are hard to predict, and the formation of a government could take weeks or months to play out. But when the dust settles, polls indicate that the new chancellor could be the left-leaning Social Democratic Party’s Olaf Scholz, who steered Germany’s economy through the pandemic as finance minister in a...Read More
Market Roundup •US Aug New Home Sales 740K, 714K, 708K previous • US Aug New Home Sales (MoM) 1.5%, 1.0% previous •Canada Jul Budget Balance -11.98B,-12.71B •Canada Jul Budget Balance (YoY) -48.45B,-36.47B •US Baker Hughes Total Rig Count 521,503 previous Looking Ahead –Economic Data (GMT) •No data ahead Looking Ahead – Events, Other Releases (GMT)...Read More
ROYAL OAK, MI — First Lady Jill Biden said making two years of community college free for all students will help the U.S. economy recover and lift up a generation of young Americans. Biden and U.S. Secretary of Education Miguel Cardona visited Oakland Community College on Friday for the last stop in a Midwest tour...Read More
By John Manning, International Banker According to the World Bank, the global economy is expected to expand by 5.6 percent in 2021, the fastest post-recession pace in 80 years. The strong rebound is being largely attributed to pronounced recoveries materialising among a few economically advanced countries. But while those developed economies are undoubtedly leading...Read More
MSCI world stock index recoups losses from Monday swoon Fed says will likely begin tapering by as soon as November Dollar retreats from 1-month high, gold loses ground Evergrande soars as debt crunch looms Oil prices boosted by tight supplies NEW YORK/LONDON, Sept 23 (Reuters) – World stock markets rallied on Thursday and the U.S....Read More
By: Sameera Fazili and Peter Harrell Prior to the COVID-19 pandemic, the things consumers and producers wanted, from cars to toilet paper to yeast to lumber, simply appeared in showrooms, on store shelves, and in ports to be purchased and used when convenient. But over the last 18 months, we’ve seen shortages in goods large...Read More
On October 7 and 8, the capital of Ukraine will host the Kyiv International Economic Forum (KIEF), which for the seventh year has brought together well-known world economists, influential businessmen, representatives of the Ukrainian establishment, and authoritative economic experts. The main issue of the forum in 2021 is peace in an era of radical changes....Read More
The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON, Sept 22 (Reuters) – Tesla...Read More
NEW YORK, Sept 22 (Reuters) – The U.S. dollar was choppy on the heels of the latest policy announcement by the Federal Reserve on Wednesday, while risk-sensitive currencies such as the Australian dollar and Chinese yuan strengthened after China’s Evergrande said it would make a bond coupon payment. The Federal Reserve on Wednesday cleared the...Read More
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