Browsing: Economy

By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials are in “uncharted waters” with no clear historical guide as they set monetary policy in an environment…

(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said that while recent inflation data is moving in the right direction, more progress…

President Joe Biden’s Department of Energy will direct up to $1.2 billion to help pay for two direct air carbon-emissions capture facilities in Texas and Louisiana,…

LISBON (Reuters) – Portugal’s Novo Banco said its lawyers were studying a ruling by a Lisbon court that Venezuela claims unblocks around $1.5 billion in Venezuelan…

San Francisco Federal Reserve President Mary Daly said Thursday it was premature to declare victory on inflation despite the soft consumer inflation data for July released…

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will highlight the U.S. economy’s continuing resilience in a major speech in Las Vegas on…

Treasury yields finished at one-week highs on Friday after the U.S. July producer price index came in hotter than expected, handing the benchmark 10-year rate its…

Delta Air Lines has settled a class-action lawsuit filed by passengers upset by flight cancelations during the beginning of the coronavirus pandemic. The lawsuit alleges that…

By Luc Cohen and Chris Prentice NEW YORK (Reuters) – The U.S. Treasury Department will soon propose a rule that would effectively end anonymous luxury-home purchases,…

U.S. inflation has slowed down significantly over the past few months, but it faces risks of re-acceleration in the fourth quarter or next year, some analysts…