Browsing: Economy

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada discussed delaying a hike to its key overnight rate at the last meeting before…

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau shuffled much of his cabinet on Wednesday with the aim of increasing focus…

The numbers: Mortgage rates didn’t move much this week, but home-buying demand fell as aspiring homeowners contend with high borrowing costs. The 30-year was averaging at…

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The numbers: Sales of newly built homes in the U.S. fell in June, as demand cooled after a jump the previous month. U.S. new-home sales fell…

Investing.com — The Federal Reserve raised interest rates by a quarter-point on Wednesday, signaling the need to put a further squeeze on elevated inflation after skipping…

Most of Federal Reserve Chair Jerome Powell’s messaging to markets on Wednesday may lean toward hawkish monetary policy, but that might not keep a lid on…

WASHINGTON (Reuters) – The first of 12 fiscal 2024 spending bills overcame a procedural hurdle in the Republican-controlled U.S. House of Representatives on Wednesday, as lawmakers…

The House Oversight Committee’s subpanel for national security is slated to hold a hearing at 10 a.m. Eastern Wednesday on “unidentified anomalous phenomena,” also called unidentified…

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a point, resuming its campaign to increase borrowing costs and crush inflation…