Browsing: Economy

Former President Donald Trump has promised to take another crack at repealing Obamacare if he gets voted back into office next year. But a push in…

By Davide Barbuscia NEW YORK (Reuters) -As bonds emerge from a historic selloff, some investors expect better times in the U.S. fixed income market next year…

Federal Reserve Chairman Jerome Powell startled economists with a press conference Wednesday that was viewed as much more dovish than expected. It was “12 doves a-leaping,”…

By Lawrence Delevingne and Alun John (Reuters) -Global shares pulled back on the last trading day of the year but notched their biggest annual rise since…

The numbers: Initial jobless claims fell by 19,000 to 202,000 in the week ending Dec. 9, the U.S. Labor Department said Thursday.  That’s the lowest level since…

By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed modestly lower on Friday, the last trading day of 2023, capping a robust year-end rally as investors…

Mortgage rates fell below 7% for the first time since August, as the U.S. economy is showing signs of cooling off following the U.S. Federal Reserve…

BOGOTA (Reuters) – Colombia’s President Gustavo Petro on Friday proposed making changes to a tax reform that entered into effect this year that would lower taxes…

The numbers A survey of business conditions in the New York region sank to -14.5 in December and hit a four-month low, reflecting the ongoing weakness…

BOGOTA(Reuters) – Colombia’s minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking the figure to 1.3 million pesos…