The new forecast is still above the specific long-term inflation goal established by the central bank, of 3%.For 2025, the technical team at the central bank expects inflation at close to 3%. The team ...

The S&P 500 ended 1.84% lower and the Nasdaq Composite index closed down 2.43%, putting it on track to confirm it is in a correction following worries about pricey Big Tech valuations and as weak ...

(Reuters) -Startup Character.AI said on Friday it has signed an agreement with Alphabet (NASDAQ:GOOGL)'s Google that grants the search engine giant a non-exclusive license to the chatbot maker's large ...

"We never want to overreact to any one month's numbers," Goolsbee said in a Bloomberg TV interview. Even so, he said, "Our absolute goal now is we want to settle at something like full employment, not ...

(Reuters) - The disappointing U.S. employment report for July unleashed a "Freakout Friday" moment in financial markets and triggered a wholesale resetting of expectations for how much the Federal Res ...

BARCELONA (Reuters) - Grassroots members of Catalonia's separatist ERC party supported on Friday a regional government deal with Spain's ruling Socialists that could patch up Madrid's uneasy relations ...

The East African country is putting its long-delayed debt overhaul back on track after securing a new International Monetary Fund financing programme."It is captured fully in the OCC (Official Credito ...

LONDON (Reuters) - The Bank of England's first interest rate cut in more than four years will help to foster a cautious sense of optimism about Britain's long-struggling economy, but the scale of the ...