Browsing: Economy

By Stephen Culp NEW YORK (Reuters) -The closed nominally higher on Thursday, retracing early gains just before the closing bell on the penultimate trading day of…

Cleveland Fed President Loretta Mester on Thursday threw cold water on market expectations of an interest rate cut as soon as March. Asked in an interview…

MEXICO CITY (Reuters) – Mexican and U.S. officials have agreed to work together more closely to tackle record migration at their shared border, the countries’ governments…

Treasury yields finished at their lowest levels in weeks on Thursday as traders looked past a hotter-than-expected U.S. inflation report for December and focused on the…

(Reuters) – The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the…

James Galbraith, the son of famed American economist John Kenneth Galbraith — who was a close adviser to U.S. President John Kennedy — has carved out…

NAIROBI (Reuters) – Kenya’s inflation slowed slightly to 6.6% year on year in December, down from 6.8% in November, the statistics office said on Friday. On…

Treasury yields finished mostly lower on Friday after December’s producer prices report pointed to the likelihood of a continued drop in inflation. A steep drop in…

LONDON (Reuters) – There’s not much time to get over the New Year’s partying: the most closely watched U.S. economic release and key euro area inflation…

U.S. stocks are struggling to advance early in 2024, as investors digest the start of company earnings reports kicked off by Wall Street banks and eye…