Bloomberg Americans stashed more money away last month, pulling back on discretionary spending amid a cloudier economic outlook. The saving rate rose for a third month to 3.4% in December 2022, the highest level in seven months, according to Commerce Department data. Last month’s increase from 2.9% in November marked biggest jump since July 2021. Savings are creeping back ...

Bloomberg Dozens of Nigerians queued at an ATM machine in the heart of the country’s commercial hub to get new higher denomination naira notes ahead of a February 10 deadline that will render old bills expired. The ATM belonging to Guaranty Trust Bank Plc was the only one dispensing the new notes on one of the busiest streets in the ...

  Bloomberg Shares in Europe declined on Monday along with US equity futures as a note of caution crept in at the start of a week marked by interest-rate decisions and big-name company earnings on both sides of the Atlantic. The Stoxx Europe 600 index dropped about 0.6%, taking some of the luster off what was shaping to be the ...