Browsing: Economy

The chief of the New York Federal Reserve said that a key U.S. interest rate is “at, or near, the peak level,” but borrowing costs will…

By Giuseppe Fonte ROME (Reuters) – Italy aims to raise at least 1% of gross domestic product (GDP), or roughly 21 billion euros ($22.2 billion), through…

A new Treasury Department report finds that more than half of U.S. counties — populated by millions of Americans — face heightened future exposure to at…

WASHINGTON (Reuters) – The U.S. Senate on Tuesday secured the votes needed to limit debate on advancing a temporary government funding bill that aims to avoid…

The numbers: The nation’s trade deficit in goods dropped 7.3% in August to $84.3 billion, reflecting in part a decline in consumer imports such as the new…

By David Lawder (Reuters) -World Bank Group President Ajay Banga on Tuesday said proposed new contributions from wealthy countries combined with balance sheet changes could boost…

The Chicago Business Barometer, also known as the Chicago PMI, registered at 44.1 in September, its first decline in three months after a 48.7 reading in…

The European Central Bank’s (ECB) strategy of maintaining high borrowing costs, even as the German economy shows signs of a steep slowdown, has come under discussion.…

The numbers: The cost of goods and services rose a sharp 0.4% in August — the biggest increase in seven months — mostly because of higher…

In an interview with The Times of India on Wednesday, Jamie Dimon, CEO of JPMorgan Chase (NYSE:), expressed concern over the potential impact of U.S. interest…