Browsing: Economy

By Jonathan Allen and Brendan O’Brien KIHEI, Hawaii (Reuters) – U.S. Federal Emergency Management Agency Director Deanne Criswell said on Sunday that President Joe Biden will…

The numbers: Sales of newly built homes in the U.S. rose in July, as home buyers continued to turn to home builders for inventory.  Home buyers…

SHANGHAI/SINGAPORE (Reuters) -China is expected to cut lending benchmarks at a monthly fixing on Monday, with many analysts predicting a big reduction to the mortgage reference…

The numbers: The U.S. is on track to show a big increase in growth in the third quarter based on gross domestic product, but other measures…

By Jamie McGeever ORLANDO, Florida (Reuters) -Of all the economic and market curve balls investors have had to bat away this year, few will be as…

The U.S. economy has created millions of jobs since 2022, but the pace of hiring wasn’t quite as strong as it seemed. New calculations by the…

Investing.com — The People’s Bank of China cut its one-year loan prime rate by a smaller-than-expected margin on Monday, while five-year rates were left unchanged as…

The U.S. Securities and Exchange Commission voted Wednesday to adopt new rules mandating that private equity and hedge funds disclose quarterly performance, fees and expenses at…

By Rollo Ross and Alan Devall RANCHO MIRAGE, California (Reuters) -Tropical Storm Hilary unleashed furious flash floods east and west of Los Angeles on Sunday as…

Sales of new U.S. homes climbed more than expected in July even as continued to confront high mortgage rates. New single-family home purchases rose 4.4% to…