Browsing: Economy

The numbers: Initial jobless benefit claims fell by 7,000 to 221,000 in the week ended July 22, the Labor Department said Thursday. That is the lowest level…

BEIJING (Reuters) – China’s industry ministry on Wednesday issued guidelines on standardisation of intelligent connected vehicles. The guidelines map out equipping the world’s largest auto market…

The numbers: The U.S. international trade deficit in goods narrowed 4.4% to $87.8 billion in June, according to the Commerce Department’s advanced estimate released Thursday. Economists…

By Safiyah Riddle (Reuters) – Weakening loan growth for U.S. banks and what top lending officers across the industry have to say about the credit outlook…

The numbers: A resilient U.S. economy grew at a 2.4% annual pace in the second quarter, propelled by steady consumer spending and a rebound in business…

By Iain Withers, Valentina Za and Jesús Aguado LONDON/MILAN/MADRID (Reuters) – Europe’s major banks, including Deutsche Bank (ETR:) and Lloyds Banking Group (LON:), on Wednesday pointed…

House Judiciary Committee Chairman Jim Jordan on Thursday scrapped his panel’s plans to hold an afternoon vote that would recommend holding the CEO of Facebook’s parent…

By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK (Reuters) -Time is running out for Argentina to secure the next tranche of a $44 billion loan…

Could health problems for Senate Minority Leader Mitch McConnell end up changing the balance of power in the narrowly divided Senate? Under the new state law,…

By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The British billionaire Joe Lewis has been criminally charged in New York with orchestrating a “brazen” insider…