Browsing: Economy

The numbers: Total consumer credit rose $10.4 billion in July, down from a revised $14 billion gain in the prior month, the Federal Reserve said Friday.…

By Trevor Hunnicutt and Jeff Mason PHILADELPHIA (Reuters) -U.S. President Joe Biden on Monday took shots at his likely 2024 rival, Donald Trump, in a Labor…

(Reuters) – European Central Bank Chief Economist Philip Lane expressed cautious optimism that inflation was slowing in an interview with an Irish business publication, but said…

The Biden administration on Wednesday announced the cancellation of controversial oil and natural-gas leases in an Alaska federal wildlife refuge that were bought by a state…

By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) -Thailand’s 2023 economic growth and inflation are expected to be lower than previously forecast due to softer-than-expected exports…

Federal Reserve Gov. Lisa Cook, the first Black woman to serve on the governing board of U.S. central bank, on Wednesday narrowly won Senate confirmation for…

Investing.com — U.S. stock futures edge down following the Labor Day holiday, with traders trying to suss out the path ahead for price gains and the wider…

Mortgage rates remain over 7% as the U.S. economy continues to show signs of strength. The 30-year fixed-rate mortgage averaged 7.12% as of Sept. 7, according…

By Karin Strohecker and Vincent Flasseur LONDON (Reuters) -Central banks across major developed and emerging economies took a breather in August with the pace and scale…

U.S. stocks finished lower on Wednesday with the Nasdaq Composite suffering three consecutive sessions of losses as investors remained wary of higher Treasury yields after a…