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OTTAWA (Reuters) - The Bank of Canada will likely need to keep interest rates at or above 4% for most of 2023 to cool an overheated economy and tame high inflation, the International Monetary Fund (IM...

By Ann Saphir (Reuters) - Over the past six weeks or so, U.S. mortgage rates have fallen, stock prices are up, and yields on corporate debt have dropped, all signs that financial conditions are easing...

By Pratima Desai LONDON (Reuters) - With memories still fresh of the nickel market meltdown in March, the industry didn't need a reminder about just how dysfunctional the London Metal Exchange's (LME)...

(Reuters) - U.S. President Joe Biden on Friday authorized fresh $275 million in military aid for Ukraine, according to a memo released by the White House. (Reporting by Ismail Shakil)

PEKIN, Ill. – A Pekin man has pleaded not guilty to the death of a neighbor starting with an assault on Halloween. Tazewell County Circuit Court records indicate Kolby Kincade, 20, pleaded not g...

(Reuters) - British musician Elton John quit Twitter on Friday, the latest high-profile celebrity to leave the social media platform following its acquisition by billionaire Elon Musk. John, who is cu...

CHICAGO, Ill. — Illinois Gov. J-B Pritzker has signed legislation tackling a loan to the state’s unemployment trust fund into law. Pritzker says the $1.8 billion deal will pay off a federa...

OSLO (Reuters) - Norway's Reitan Retail said on Friday it had agreed to buy 114 Danish grocery stores and three distribution centres from German rival Aldi for an undisclosed amount, boosting the Norw...

BRUSSELS (Reuters) - The World Trade Organization ruled on Friday that U.S. tariffs imposed on steel and aluminium imports by former president Donald Trump contravened global trading rules. Trump impo...

(Corrects to 2023 capital budget, from 2022, in first paragraph) (Reuters) -Phillips 66 on Friday set its 2023 capital budget at $2 billion, higher than its forecast for the prior year, as the refiner...