El Salvador’s bitcoin wallet to be sold or discontinued after deal with IMF, official says
SAN SALVADOR (Reuters) – El Salvador’s official digital bitcoin wallet Chivo will be sold or discontinued, an official said on…
US new vehicle sales set to rise 7.3% in December, report says
(Reuters) – U.S. new vehicle sales are expected to rise 7.3% in December, aided by deeper discounts from automakers and…
NY Fed adds extra daily standing repo operation covering year-end
(Reuters) – The Federal Reserve Bank of New York on Thursday said it will add an extra operation of its…
Fed’s hawkish cut fires up rate hike debate: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The end of the Federal Reserve’s interest rate-cutting cycle is suddenly in sight, and…
IMF says ready to support Syria reconstruction when conditions allow
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund stands ready to assist Syria’s reconstruction alongside the international community,…
Explainer-What is a government shutdown and what is the debt ceiling?
By Andy Sullivan WASHINGTON – Large swaths of the U.S. government could temporarily close at midnight on Friday if Congress…
Canadian PM Trudeau has full support of cabinet, new finance minister says
By David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau, who is mulling his future amid a major political crisis,…
IMF says Fed taking appropriate action on rates given high US uncertainty
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund views Wednesday’s Federal Reserve interest rate cut and adoption of…
Philly Fed’s manufacturing gauge slumps to 20-month low
(Reuters) – A gauge of manufacturing activity in the U.S. Mid-Atlantic region slid to the lowest in nearly two years…
US existing home sales jump to eight-month high in November
WASHINGTON (Reuters) – U.S. existing home sales surged to an eight-month high in November, but higher mortgage rates and house…