Browsing: Economy

Treasury Secretary Janet Yellen on Monday said she thinks oil prices will stop rising but that the Biden administration is watching carefully. “My expectation is that…

The U.S. Treasury market, teetering on the brink of a third consecutive year of losses, is keenly awaiting the Federal Reserve’s updated forecasts for their benchmark…

The strike by auto workers won’t hurt the U.S. in the short run, but a months-long dispute could sting the economy and potentially stall the Federal…

HONG KONG (Reuters) -Shares of embattled developer China Evergrande (HK:) Group plunged as much as 25% on Monday after police detained some staff at its wealth…

Confidence among builders in the U.S. housing market unexpectedly plunged in September for the second straight month as a spike in mortgage rates continued to weigh…

In a significant shift in Brazil’s financial landscape, Pix, an instant money transfer tool, has become the most common form of payment by transaction volume, outpacing…

The numbers: Builder confidence fell in September to the lowest level in five months as buyer demand waned on the back of persistently high mortgage rates.…

FRANKFURT (Reuters) -Building permits for apartments in Germany fell 31.5% in July from a year earlier, the statistics office disclosed on Monday, highlighting a slump in…

Thousands of auto workers for the three-largest U.S. carmakers walked off the job last week because their pay has only increased fractionally in the wake of…

BEIJING (Reuters) – The involvement of two Chinese state-owned financial firms in Zhongrong International Trust Co’s operations and management may diffuse risk at the troubled shadow…