Economy Archives | Page 14 of 17 | All about Economy stories

U.S. jobless claims fall but computer glitches weigh

YoopyaOctober 17, 2013February 14, 2024

by YoopyaOctober 17, 2013February 14, 20240

(Reuters) – The number of Americans filing new claims for unemployment benefits dropped from a six-month high last week, but remained elevated as California continued...

Business Economy News

Apple bets on Burberry chief to burnish retail shine

YoopyaOctober 16, 2013March 10, 2024

by YoopyaOctober 16, 2013March 10, 20240

(Reuters) – Burberry CEO Angela Ahrendts rebuilt the British luxury brand after excessive exposure of its trademark checkered pattern alienated wealthy clientele. Her approach was...

Business Economy World

IMF chief warns a US default could spark recession

YoopyaOctober 14, 2013March 17, 2024

by YoopyaOctober 14, 2013March 17, 20240

The head of the International Monetary Fund, Christine Lagarde, has warned that a US default could tip the world into recession. In a US TV...

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U.S. Senate leader sees chance for breaking fiscal impasse

YoopyaOctober 14, 2013March 10, 2024

by YoopyaOctober 14, 2013March 10, 20240

(Reuters) – Senate negotiations to bring a boiling fiscal crisis to an end showed signs of progress on Sunday, but there were no guarantees that...

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Obama nominates Yellen to succeed Bernanke at Fed

YoopyaOctober 10, 2013March 17, 2024

by YoopyaOctober 10, 2013March 17, 20240

WASHINGTON (AP) — In a history-making selection, President Barack Obama nominated Janet Yellen to be chairman of the Federal Reserve, a critical post as the...

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Pan-African magazine: Africa has 55 billionaires

YoopyaOctober 9, 2013March 10, 2024

by YoopyaOctober 9, 2013March 10, 20240

LAGOS, Nigeria (AP) — A pan-African magazine says Africa has many more billionaires than previously reported, 55 of them worth more than $143 billion including...

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U.S. government shutdown begins after Congress fails to break impasse

YoopyaOctober 1, 2013March 17, 2024

by YoopyaOctober 1, 2013March 17, 20240

(Reuters) – The U.S. government began a partial shutdown on Tuesday for the first time in 17 years, potentially putting up to 1 million workers...

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Former Obama aide Summers withdraws from Fed chair consideration

YoopyaSeptember 16, 2013April 7, 2024

by YoopyaSeptember 16, 2013April 7, 20240

(Reuters) – Lawrence Summers, a former top aide to President Barack Obama and Treasury secretary under President Bill Clinton, withdrew on Sunday from consideration to...

Business Economy Markets

Investors seek balance between central banks, Syria and rebounding economy

YoopyaSeptember 5, 2013April 7, 2024

by YoopyaSeptember 5, 2013April 7, 20240

(Reuters) – European government bond yields were at near 1-1/2 year highs on Thursday and the dollar clung close to six week peaks on a...

Economy

Meet “The Guv”: India’s new central bank chief gets rock star welcome

YoopyaSeptember 5, 2013April 7, 2024

by YoopyaSeptember 5, 2013April 7, 20240

(Reuters) – Less than 24 hours in the job and he has already been dubbed “The Guv” by a gushing Indian media and portrayed as...