The relationship between religion and business in the United States has moved into a decisive new phase. Not long ago the topic might be politely avoided at the office. Now it’s more likely that religion itself — from its role in ESG-related controversies to its practice among employees — might…

(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market and a hawk more focused on the threat of inflation. The topsy-turvy economic environment of the…

China’s two-decade growth surge prior to COVID was greatly aided by three forces — the liberalization of land development, accelerated urbanization and increased homeownership; entry into the WTO and resulting foreign investment, and industrial policies that created global competitors in next-generation industries. To varying degrees, all of these forces were built on shaky financial foundations. For land development…

By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) – Mergers and acquisitions activity globally showed few signs of improvement in the third quarter but a rebound in volumes in the United States – the world’s biggest investment banking market – gave dealmakers hope of a sustained recovery in the…

U.S. Congressman Jamaal Bowman, a Democrat of New York, reportedly pulled the fire alarm in a House office building Saturday just as the chamber was scrambling to secure what eventually was a bipartisan vote in favor of a Republican stopgap spending bill meant to ward off a midnight government shutdown.…

Bank of America Corp (NYSE:). strategists Yingchen Li and Ian Rogow have suggested that wealthy New Yorkers may find more returns in municipal bonds than corporate debt. The recommendation comes amid the Federal Reserve’s measures to combat inflation, which have led to higher yields in the $4 trillion tax-exempt municipal…

The U.S. Senate on Saturday night, with mere hours left before a midnight deadline for a federal government shutdown, voted to advance a short-term stopgap funding measure. The 45-day continuing resolution, which funds the government at existing 2023 levels, includes disaster relief funds but no Ukraine aid. A debate over…

By Juveria Tabassum (Reuters) -Cruise operator Carnival (NYSE:) narrowed its annual loss forecast and swung to a third-quarter profit thanks to higher ticket pricing and robust demand, but concerns around steep fuel costs sent its shares down 5% on Friday. Rivals Norwegian Cruise Lines and Royal Caribbean (NYSE:) have also…

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia’s central bank on Friday held the benchmark interest rate at 13.25% for the third time in a row, citing stubborn inflation that, while slowing, remains high and far from the bank’s target, despite government calls to begin cuts The decision to…

The numbers: Consumer sentiment improved slightly at the end of September, but Americans were unsure about the future of the economy. The final reading of the sentiment survey rose to 68.1 from 67.7 earlier in the month, the University of Michigan said Friday. The index had touched a nearly two-year…