Browsing: Economy

The U.S. federal deficit is projected to nearly double this year as a result of higher interest rates and lower tax revenue. The gap between what…

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33 billion commercial real estate (CRE) loan portfolio of…

By Richard Cowan WASHINGTON (Reuters) -Democratic leaders of the U.S. Senate, on their return from summer recess on Tuesday, sought to gain the upper hand over…

The numbers: Mortgage rates fell over the latest week, but demand for mortgages fell to multidecade lows as U.S. home buyers stayed put. Demand for mortgages…

By Fabian Cambero SANTIAGO (Reuters) -Chile’s Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world’s top producer seeks to…

American technology companies create products and services that bring enormous value to consumers around the globe, but if the U.S. Federal Trade Commission continues its indiscriminate…

By Patricia Zengerle WASHINGTON (Reuters) – The Democratic and Republican leaders of the U.S. Senate expressed support for continued assistance for Ukraine on Tuesday, as lawmakers…

By Richard Cowan and Ann Saphir WASHINGTON (Reuters) – The U.S. Senate on Tuesday voted overwhelmingly to clear the way for the confirmation this week of…

Federal Reserve governor Christopher Waller, who has been a key voice pressing the central bank to continue to raise interest rates to cool inflation, now says…

By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits…