Browsing: Economy

Federal Reserve Gov. Michael Barr says the biggest challenge for the central bank is to decide how long to keep interest rates high to make sure…

On Friday, John Williams, President of the New York Federal Reserve Bank, indicated that the series of interest rate hikes by the US central bank may…

The Personal Consumption Expenditures (PCE) index, a key inflation metric favored by the Federal Reserve, registered a moderate rise of 0.4% month-over-month and 3.5% year-over-year in…

Construction spending rose in August, as companies and the government ramped up projects across the U.S. Spending on construction projects rose 0.5% in August to $1.98…

The looming U.S. government shutdown could disrupt the release of September’s Consumer Price Index (CPI), a vital inflation metric, leading to potential reliance on an alternative…

Story developing. Stay tuned for updates here. The numbers: A barometer of business conditions at American factories contracted in September for the 11th month in a row,…

By David Randall NEW YORK (Reuters) – Big positions in a handful of stocks helped a select number of U.S. value and small-cap funds rocket higher…

The U.K.’s chancellor of the exchequer, Jeremy Hunt, on Monday outlined plans to lift Britain’s minimum wage.  In a speech to the Conservative Party conference in…

(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…

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…