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Ghana's public debt expected to fall to 60% of GDP in 2025, IMF says
WASHINGTON, Sept 11 (Reuters) - Ghana's macroeconomic situation is improving, with growth outperforming expectations and authorities making headway on debt, the International Monetary Fund said on Thursday.IMF spokeswoman Julie Kozack told a regular briefing that the West African country's p...Reuters
16 minutes ago
IMF says US economy showing strains; demand moderating, job growth slowing
WASHINGTON, Sept 11 (Reuters) - The U.S. economy is showing some strains after years of resilience, with domestic demand moderating and job growth slowing, the International Monetary Fund said on Thursday.IMF spokeswoman Julie Kozack said inflation was on a path to meet the Federal Reserve's 2% ...Reuters
21 minutes ago
South Africa's online retail sales to exceed $7.42 billion this year, study forecasts
JOHANNESBURG, Sept 11 (Reuters) - South Africa's online retail turnover is expected to top 130 billion rand ($7.42 billion) this year and account for 10% of total retail sales, driven by on-demand grocery and fashion, as well as the entry of global competitors such as Amazon AMZN.O, a study show...Reuters
52 minutes ago
Litigation funding business sues co-founder, law firm for $100 million over trade secrets
By Mike Scarcella Sept 9 (Reuters) - U.S. litigation funding business Archetype Capital Partners has sued one of its co-founders and a law firm, accusing them of stealing client information and other internal business secrets.The lawsuit, filed on Monday in federal court in Nevada, said Archetype...Reuters
an hour ago
Fed seen on track for rate cuts as job worries eclipse inflation fears
Sept 11 (Reuters) - Concern about a softening job market will keep the Federal Reserve on course to resume its interest rate cuts next week, though the U.S. central bank is likely to move cautiously because of fresh signs that tariffs are pushing prices higher.That was the bet in financial markets o...Reuters
2 hours ago
Brazil retail sales fall for fourth straight month in July
SAO PAULO, Sept 11 (Reuters) - Retail sales volumes in Brazil fell 0.3% in July from June, official data showed on Thursday, in line with analysts' expectations, marking their fourth monthly decline in a row as high interest rates continue to weigh on the local economy.On a year-over-year basis,...Reuters
2 hours ago
WRAPUP 3-US consumer inflation heats up; weekly jobless claims near four-year high
Consumer Price Index increases 0.4% in AugustInitial jobless claims jump to 263,000By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for unemployment...Reuters
2 hours ago
U.S. August CPI Meets Expectations at 2.9%, 10-Year Treasury Yield Drops Below 4%
TradingKey - The U.S. August Consumer Price Index (CPI) posted its largest year-on-year gain in seven months, but the reading was broadly in line with expectations. Combined with recent surprisingly weak employment data, a 25-basis-point rate cut by the Federal Reserve in September is now all butTradingKey
3 hours ago
TEXT-Lagarde's statement after ECB policy meeting
Sept 11 (Reuters) - Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: https://www.ecb.europa.eu/press/press_conference/monetary-policy-statement/2025/html/ecb.is250911~a136...Reuters
3 hours ago
Traders bump up bets on Fed rate cuts to shore up labor market
Sept 11 (Reuters) - Concern about a softening job market will keep Federal Reserve policymakers on course to resume cutting interest rates next week, though a stronger-than-expected rise in consumer inflation in August looks likely to prevent them from delivering a super-sized rate cut to start.That...Reuters
3 hours ago
