Economy

By Jamie McGeever ORLANDO, Florida (Reuters) – A record-high $7 trillion of cash is currently sitting “on the sidelines” in money market funds (MMFs). Anyone hoping to see a significant…

By Michael S. Derby NEW YORK (Reuters) – New data from the New York Federal Reserve suggests the U.S. central bank isn’t facing any roadblocks to continuing forward with its…

WASHINGTON (Reuters) – U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief…

MOSCOW (Reuters) – Russia’s central bank on Thursday said it planned to set a surcharge for banks when issuing new loans to large firms with a high debt burden, as…

(Reuters) – Elon Musk’s Neuralink said on Wednesday it has received approval to launch its first clinical trial in Canada for a device designed to give paralysed individuals the ability…

By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel is expected to hold the line on short-term interest for a seventh straight policy meeting next week, with a stabilisation…

By Gleb Bryanski and Darya Korsunskaya MOSCOW (Reuters) – Leading Russian economists expect inflation in Russia to exceed the central bank’s estimate for this year, increasing the likelihood of another…

By Ahmed Eljechtimi RABAT (Reuters) -U.S. pharmaceutical giant Viatris Inc (NASDAQ:VTRS). has been fined 7.58 million dirhams ($760,000) by Morocco’s competition regulator for failing to notify it regarding its merger,…

MOSCOW (Reuters) – The Russian central bank’s First Deputy Governor Olga Skorobogatova, who was in charge of the regulator’s digital projects including the digital rouble and the domestic payments system,…

By Leigh Thomas PARIS (Reuters) – France’s national budget is so strained that lawmakers are pushing a proposal to make the French work an extra seven hours each year without…