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Tag: Central Bank

Black Friday shoppers stand in line for a Lululemon store as retailers compete to attract shoppers and try to maintain margins on Black Friday, one of the busiest shopping days of the year, at Woodbury Common Premium Outlets in Central Valley, New York, U.S. November 24, 2023. REUTERS/Vincent Alban/File Photo

US fourth-quarter growth revised higher; labor market still strong

The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.

Read More US fourth-quarter growth revised higher; labor market still strong
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly fall; labor market gradually cooling

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.

Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling
An independent barber waits for customers on his van in a local street in New York, U.S., December 25, 2023. REUTERS/Eduardo Munoz/File Photo

US retail sales miss expectations; producer prices accelerate

Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.

Read More US retail sales miss expectations; producer prices accelerate
Workers install the fuel cell power system in a Toyota Mirai at a Toyota Motor Corp. factory in Toyota in Aichi Prefecture, Japan, Apriil 11, 2019. Picture taken on April 11, 2019. REUTERS/Joe White/File Photo

Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift

Toyota Motor agreed to give factory workers their biggest pay increase in 25 years.

Read More Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift

Federal Reserve Holds Steady On Interest Rates Amidst Mixed Economic Signals

The Federal Reserve will maintain current interest rates, with no cuts announced despite the central bank having suggested several cuts this year.

Read More Federal Reserve Holds Steady On Interest Rates Amidst Mixed Economic Signals
ARGENTINA-ELECTION-PRIMARY-CANDIDATE-MILEI Argentine congressman and presidential pre-candidate for La Libertad Avanza Alliance Javier Milei delivers a speech during the closing of his campaign for the August 13 primary elections, at the Movistar Arena in Buenos Aires on August 7, 2023. Argentina holds primary elections on August 13 and the first round of the presidential vote on October 22. (Photo by Luis ROBAYO / AFP) (Photo by LUIS ROBAYO/AFP via Getty Images)

Argentina Devalues Peso, Raising Rates After Primary Elections

In response to pressure on Argentina’s financial markets following a primary election, the Argentinian government decreased the value of its currency by nearly 18%.

Read More Argentina Devalues Peso, Raising Rates After Primary Elections

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