Browsing: Economy

This week marks one year since the Biden White House and congressional Democrats maneuvered the Inflation Reduction Act into law in a narrowly divided Washington. The…

BEIJING (Reuters) – China will strengthen the coordination of various policies to boost growth and meet this year’s economic target, according to a cabinet meeting cited…

Businesses want more employees to show up at the office, but they still plan to stick with current work-from-home arrangements for the foreseeable future. That’s the…

By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) – Federal Reserve officials were divided over the need for more interest rate hikes at the U.S.…

Most Federal Reserve officials last month continued to see serious inflation risks which could require more interest-rate hikes, according to the minutes of the July policy…

The deadly wildfire on Maui that devastated the town of Lahaina and left catastrophic damage in their wake delivered a multibillion-dollar hit to the island’s economy…

WASHINGTON (Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few weeks ago and agreed to…

JAKARTA (Reuters) -Indonesia is to allocate 40.6 trillion rupiah ($2.7 billion) to the construction of its new capital city in its 2024 budget and the presidential…

The numbers: Mortgage rates rose for the third week in a row to their highest level since October 2022, as the U.S. economy shows signs of…

BRASILIA (Reuters) – Approval of President Luiz Inacio Lula da Silva’s government increased in August on voter perceptions that Brazil’s economy is improving and he is…