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Citigroup Beats Profit Estimates As Rate Hikes Bolster Lending Business
The logo for Citibank is seen on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 3, 2021. Citigroup Inc beat estimates…
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Murder Rate Plummets Amid ‘Gangster Peace’ In Medellin
A sharp decline in Medellin’s homicide rate is chalked up to an unofficial but mutually beneficial understanding between narco gangs, paramilitaries and the security services Seven days without a single murder:…
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European Stocks Fall As Hot U.S. Inflation Data Sparks Rate Hike Fears
The German share price index DAX graph is pictured following the IPO of Porsche at the stock exchange in Frankfurt, Germany, October 12, 2022. European stocks reversed gains on Thursday…
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Canada Gains Jobs In September, Jobless Rate Edges Lower
A help wanted sign at a store along Queen Street West in Toronto Ontario, Canada June 10, 2022. The Canadian economy added jobs in September, but did little to recoup…
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US Hiring Slows In September As Unemployment Rate Dips
US job gains were solid but slower last month, while wages continued to rise Hiring in the US economy slowed slightly in September, as expected, while the jobless rate ticked…
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Bringing Down Inflation Will Take Time, More Rate Hikes: Fed Officials
Federal Reserve officials have been consistent in their message that more interest rates hikes will be needed to bring down inflation, and the process will take time The United States…
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Equities Extend Rally On Rate Hopes, Traders Await OPEC Decision
OPEC and other major producers are said to be discussing a massive cut in crude output to support prices, which have tumbed in recent months Asian investors joined their Wall…
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Dollar Nurses Pullback As Traders Glimpse Rate Peaks
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. The dollar nursed its biggest losses for years on Wednesday, after a dovish central bank surprise in Australia…
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India’s Cenbank Hikes Rate By 50 Bps, Warns Of Broadening Price Pressures
A Reserve Bank of India (RBI) logo is seen at the gate of its office in New Delhi, India, November 9, 2018. The Reserve Bank of India raised its benchmark…
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Mexico, Colombia Enact Big Rate Hikes Amid Stubborn Inflation
The logo of Mexico’s Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico August 9, 2022. Central banks in Mexico and Colombia on Thursday…
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Thai Rate Hikes To Be Gradual, Weak Baht Impact Small -central Bank Chief
Bank of Thailand Governor Sethaput Suthiwartnarueput speaks during his first briefing on the economy and monetary policy after taking office in Bangkok, Thailand October 20, 2020. Thailand will gradually raise…
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Exclusive-Lebanon To Slash Official Exchange Rate From Nov. 1, Finance Min Says
U.S. dollar banknotes and Lebanese pounds are pictured at a currency exchange shop in Beirut, Lebanon March 2, 2021. Lebanon plans to slash its official exchange rate, replacing the 1,507…
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US States With ‘High’ Adult Obesity Rate Doubles; Is Yours One Of Them?
KEY POINTS All the states were found to have more than 20% of adults with obesity In Kentucky and West Virginia, the rates were more than 40% This shows the…
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Analysis-Loonie Bulls Reel As Bank Of Canada Trails Fed On Terminal Rate Bets
A Canadian dollar coin, commonly called a “loonie,” and an American dollar bill are seen in this staged photo in Toronto, March 17, 2010. As higher borrowing costs slow Canada’s…
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Embattled Emerging Markets Face Fresh Pain From U.S. Rate Hikes
U.S. one dollar banknotes are seen in this illustration taken February 8, 2021. The prospect of U.S. interest rates climbing to levels last seen in the run-up to the global…