Tag: economy

Federal Reserve is set to cut rates again while facing a hazy post-election outlook

WASHINGTON -- No one knows how Tuesday's presidential election will turn out, but the Federal Reserve's move two days later is much easier...

Final jobs report before election will likely offer a blurred view of labor market

WASHINGTON -- Americans on Friday will get their last major look at the state of the U.S. economy — the October jobs report...

Stock market today: Asia shares decline as investors await earnings, US elections and economic data

TOKYO -- Asian shares mostly declined Thursday as investors grappled with uncertainty ahead of the United States presidential election on Nov. 5.Japan's benchmark...

US economy is believed to have grown at a solid pace again last quarter

WASHINGTON -- Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure...

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW -- Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort...

IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms

WASHINGTON -- The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut,...