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Economy

Economy

IRS says taxpayer service will suffer if Congress cuts modernization funds

By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on…
Economy

Explainer-What happens after the TikTok ban?

By Sheila Dang (Reuters) -The U.S. Supreme Court justices on Friday expressed skepticism about a challenge from TikTok and its Chinese parent…
Economy

Jobs report fuels Treasury yield surge as markets brace for 5% threshold

By Davide Barbuscia NEW YORK (Reuters) – A recent surge in U.S. Treasury yields may gain even more momentum after a strong…
Economy

IMF chief sees steady world growth in 2025, continuing disinflation

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases its World…
Economy

Macquarie says Canada employment report deserves added caution

On Friday, Macquarie economists said that the latest employment report from Canada deserves added caution. The report, which showed a significant increase…
Economy

Bankers hope for IPO revival in 2025 as high-profile listings stack up

By Echo Wang, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Investment bankers are gearing up for a pickup in dealmaking…
Economy

Rosy wage outlook, weak yen drawing BOJ attention to inflation risks

By Leika Kihara TOKYO (Reuters) – Prospects of sustained wage gains in Japan and the boost to import costs from a weak…
Economy

Goldman on the UK gilt selloff

Investing.com – UK government bonds, known as gilts, have sold off dramatically over the last week, pushing the associated yields to their…
Economy

US equity funds see outflows on caution over Fed policy uncertainty

(Reuters) – U.S. investors pulled out of equity funds and moved to the safety of money market funds in the week to…
Economy

Inflation report could rattle markets after bond yields climb

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – U.S. inflation data in the coming week could test the nerves of stock investors…
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