Economy

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…

The Biden administration may close a loophole to deny Chinese companies from buying American-made AI chips through overseas subsidiaries, according…

In a recent Q&A session, Susan Collins, President of the Boston Federal Reserve Bank, underscored the necessity for persistently high…

(Reuters) – LendingClub (NYSE:) is cutting 172 jobs, or 14% of its workforce, the financial services company said on Thursday,…

Mortgage rates rose for the fifth week in a row amid concerns over whether the U.S. Federal Reserve will hike…

By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank raised the country’s benchmark interest rate to 133% from 118% on…

Many borrowers with subprime credit have been paying 17% to 22% rates on new auto loans this year as the…

By Xinghui Kok SINGAPORE (Reuters) -Singapore’s central bank on Friday kept monetary settings unchanged as inflation in the city-state moderated…

Iran won’t be able to access a $6 billion account for humanitarian aid under an agreement between the U.S. and…

By Brigid Riley TOKYO (Reuters) – The dollar remained firm on Friday, putting pressure across a basket of currencies as…