Business News

Yen trips past 160-per-dollar to April 1990 lows

Japanese Yen and U.S. dollar banknotes are seen in this illustration taken on March 10, 2023. SINGAPORE (Reuters) — The Japanese yen hit its weakest levels since April 1990 on Monday, in trading thinned by a holiday in Japan and attempts by traders to test key levels and stop-loss orders in a nervo…
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US economic growth slows in first quarter; inflation surges

A person takes a photo while looking toward the Manhattan skyline on the Winter Solstice in Brooklyn, New York City, Dec. 21, 2021. WASHINGTON (Reuters) — The U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade defi…
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