Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased in March to 4.3%, its slowest pace…
Economy
Cryptoverse: Bitcoin miners escape the bear trap
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Beleaguered bitcoin miners are finally feeling the spring sunshine after a…
China wants weaker US dollar as reserve currency, says Biden economist nominee
WASHINGTON (Reuters) – There was “some evidence” that China wants the dollar to weaken as the international reserve currency, said…
Fed likely to hike rates one more time and then hold steady, Bostic says
By Michael S. Derby (Reuters) -The U.S. central bank most likely has one more interest rate rise ahead of it…
Online US real estate firm Opendoor cuts 22% of workforce
By Greg Bensinger (Reuters) -Opendoor Technologies Inc on Tuesday said it was cutting roughly 560 jobs, or 22% of the…
Yellen to lay out U.S. economic priorities on China in Thursday speech
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration’s principal objectives for the…
White House closely tracking commercial real estate -White House economist
By Andrea Shalal WASHINGTON (Reuters) -The White House on Tuesday said it is closely tracking developments in commercial real estate…
US Supreme Court tackles religious bias claim against Postal Service
By Andrew Chung WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday appeared ready to bolster the ability of employees to…
Nvidia surges to year high after bearish HSBC analyst capitulates
By Noel Randewich (Reuters) – Nvidia’s stock jumped to its highest in a year on Tuesday, extending a recent rebound…
Fed’s Bowman sees potential for interbank digital dollar
(Reuters) – A so-called “wholesale” central bank digital currency could hold promise for the future settlement of certain financial market…