Browsing: Economy

(Reuters) -The New Development Bank created by BRICS countries in 2015 can help finance African countries’ projects to tackle their most urgent challenges, the bank’s president…

(Reuters) – New vehicle sales in the United States are expected to rise in August, helped by improved supply and strong demand for personal transport, a…

The numbers: A survey of consumer sentiment hung close a two-year high in August, but Americans expressed more worries about the future of the economy. The…

By Howard Schneider DANVILLE, Virginia (Reuters) – The new Caesars (NASDAQ:) casino in Danville, Virginia, is a temporary facility reminiscent of an airplane hangar and with…

Good morning. At last year’s Jackson Hole symposium, I delivered a brief, direct message. My remarks this year will be a bit longer, but the message…

By Ali Kucukgocmen and Jonathan Spicer ISTANBUL (Reuters) – Turkey’s central bank hiked its key interest rate by a larger-than-expected 750 basis points to 25% on…

Federal Reserve Chair Jerome Powell on Friday said the central bank remains unsure of whether more interest rate hikes are needed. In a speech kicking off…

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Philadelphia President Patrick Harker doubts the U.S. central bank will need to raise interest rates…

Federal Reserve Chair Jerome Powell on Friday said that the central bank is aware that rent growth is slowing down across the nation, but that it…

Federal Reserve Chair Jerome Powell on Friday struck a hawkish tone during the annual central bank gathering in Wyoming: Inflation remains too high, and additional interest…