Economy

A combination of U.S. fiscal expansion, potential tax cuts, and a healthy economy is likely to push Treasury yields higher, with T. Rowe Price projecting yields could even reach 6%.…

By Pete Schroeder WASHINGTON (Reuters) – The chairman of a leading U.S. banking regulator said Tuesday his agency is considering legal action against six former officers and eleven former directors…

By Jamie McGeever ORLANDO, Florida (Reuters) -As the classic market cliche goes, investors should worry most when the consensus is overwhelmingly optimistic and be bullish when it’s overwhelmingly bearish.  If…

By Fabian Cambero and Brendan O’Boyle SANTIAGO (Reuters) – Chile’s central bank cut its benchmark interest rate by 25 basis points to 5.00% on Tuesday, extending an easing cycle that…

SYDNEY (Reuters) – Australia’s government on Wednesday trimmed its likely budget deficit for the current fiscal year, but flagged bigger shortfalls ahead due to “unavoidable spending” on health, cost-of-living relief…

By Rishav Chatterjee (Reuters) -Australia’s Insignia Financial has rejected Bain Capital’s A$2.67 billion ($1.69 billion) takeover bid, saying the offer does not provide fair value to its shareholders, creating a…

WASHINGTON (Reuters) -Elon Musk and SpaceX face at least three federal reviews over whether they have complied with federal reporting rules aimed at protecting national security, the New York Times…

By David Ljunggren OTTAWA (Reuters) – Canadian Liberal Prime Minister Justin Trudeau is under increasing pressure to quit after Finance Minister Chrystia Freeland resigned over a policy clash on Monday,…

By Gergely Szakacs and Krisztina Than BUDAPEST (Reuters) -Hungary’s central bank left its base rate steady at the European Union’s joint highest level of 6.5% on Tuesday, as widely expected,…

By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales increased more than expected in November amid an acceleration in motor vehicle and online purchases, consistent with strong underlying momentum in the…