By Leika Kihara TOKYO (Reuters) -Bank of Japan policymakers actively debated in December the conditions for phasing out stimulus, and agreed to deepen discussions on the appropriate pace of future interest rate hikes, minutes of the meeting showed, a sign they were gearing up for a near-term exit from negative interest rates. The minutes came […]
The US economy grew at a faster rate than expected in the fourth quarter, capping off a year many expected to end in recession with one final economic surprise. The Bureau of Economic Analysis’s advance estimate of fourth quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 3.3% during the […]
(Bloomberg) — A meltdown in Chinese shares is wreaking havoc on the country’s asset management sector, pushing mutual fund closures to a five-year high in another sign of waning investor confidence. Most Read from Bloomberg About 240 local mutual funds were liquidated last year, according to Bloomberg-compiled data dating back to 2014. That’s the most […]
If someone asked you to name the fastest-growing cities in Texas, you may be inclined to go with Houston, Dallas, Austin or San Antonio. All those answers would be correct, but the city of New Braunfels is fast becoming a boomtown in the Lone Star State. Benzinga looks at New Braunfels and why it has […]
WASHINGTON — When he inked his 100th new judge in early 2023, President Joe Biden was outpacing former President Donald Trump at putting judicial nominees on the federal bench. But as he enters his fourth year in office, Biden and the Democratic-led Senate have fallen behind the speed at which Trump and the GOP-controlled chamber […]
House prices rose at a much slower pace last year, despite a continued shortage of homes for sale. The latest report from property website Daft.ie shows house prices increased by 3.4 per cent in 2023. In Dublin prices rose just 2 per cent, while Limerick saw a 9 per cent rise. The average house price […]
(Bloomberg) — House prices across Britain are on track for their longest stretch of improving affordability in more than two decades, opening the way for more people to grab a rung on the property ladder. Most Read from Bloomberg The trend reflects forecasts for rising wage growth and a stagnation or even slump in house […]
Steve Ballmer is on pace to collect annual dividend payments of $1 billion from Microsoft. He is the former CEO of Microsoft and is the largest individual shareholder of the software giant. Ballmer’s Microsoft stake has surged to a value of $128 billion this year following Microsoft’s 55% stock rally. Microsoft is on track to […]
Hamas’ top leader travelled to Cairo on Wednesday for talks on the war in Gaza, part of a flurry of diplomacy aimed at securing another ceasefire and swap of hostages for Palestinian prisoners at a moment when Israel’s offensive shows no signs of slowing. Hamas militants have been putting up stiff resistance, even as the […]
Scientists from the United Nations and the European Union announced Thursday that the first three weeks of July were the three hottest weeks on record and that the month was almost certain to be the warmest in recorded history. “Unless an ice age were to appear all of sudden out of nothing, it is basically […]
A traveler looks for baggage amid rows of unclaimed luggage at Los Angeles International Airport in June. Mario Tama/Getty Images hide caption toggle caption Mario Tama/Getty Images A traveler looks for baggage amid rows of unclaimed luggage at Los Angeles International Airport in June. Mario Tama/Getty Images If you’re unhappy about the state of air […]