Economy

OTTAWA (Reuters) – Canada’s economy added a net 46,700 jobs in September, more than forecasts, while the jobless rate unexpectedly decreased for the first time in 8 months to 6.5%,…

By Lucinda Elliott MONTEVIDEO (Reuters) – Uruguay heads to the polls to vote for a new president this month, but investors have a wary eye on another ballot: a referendum…

By Gram Slattery and James Oliphant WASHINGTON (Reuters) – Republican presidential candidate Donald Trump is rolling out a new tax-cut proposal about once a week in an unusual rush in…

(Reuters) – JPMorgan Chase (NYSE:JPM)’s profit dropped in the third quarter as it built up provisions for potential loan defaults, the bank said on Friday. Profit was $12.90 billion for…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – A sharp steady rise in overnight repurchase agreements is overwhelming banks that serve as middlemen for such short-term borrowings in U.S. government securities,…

By Fergal Smith TORONTO (Reuters) – The Bank of Canada is likely to lower interest rates to a neutral setting that neither restricts nor stimulates its economy more quickly than…

Investing.com — The Federal Reserve’s upcoming November 6-7 meeting is likely to see a stronger stance from monetary policy hawks, Yardeni Research strategists said in a note, as September’s inflation…

By Tommy Reggiori Wilkes and Stefania Spezzati LONDON (Reuters) – Banking supervisors should ensure that individual entities of global banks have sufficient liquidity rather than just monitoring risks at group-level,…

By Jamie McGeever ORLANDO, Florida (Reuters) – Foreign investors’ claims on Uncle Sam have been greater than U.S. investors’ claims overseas for decades, an imbalance that many analysts have long…

Investing.com — US stock futures point lower ahead of a batch of big bank earnings, including quarterly figures from JPMorgan Chase (NYSE:JPM) and Wells Fargo (NYSE:WFC). Tesla (NASDAQ:TSLA) reveals its new…