Browsing: Economy

Black unemployment in the U.S. rose to its highest in nearly a year in June, almost doubling White joblessness, which ticked down slightly, according to reports. …

By David Milliken LONDON (Reuters) – Britain sold a government bond at auction on Wednesday that will pay investors an annual return of 5.668% – the…

The Biden administration on Friday said that the U.S. will supply cluster munitions to Ukraine in a controversial move defended by a top official. Jake Sullivan,…

BERLIN (Reuters) – German Chancellor Olaf Scholz said on Wednesday that he knew of further plans for large investments in chip production in Germany, a welcome…

A year ago, Gang Hu, an inflation trader at New York hedge fund WinShore Capital Partners, made the prescient call that inflation would be “stickier than…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The endowments of New York City’s pricey private schools are flourishing thanks to a steady inflow of contributions from…

At next week’s NATO summit, President Joe Biden and other leaders will demonstrate their “unity and resolve in support of Ukraine” as that Eastern European country…

WASHINGTON(Reuters) – New orders for U.S.-made goods increased less than expected in May as a surge in civilian aircraft orders was partially offset by sluggishness elsewhere…

The numbers: Commercial and industrial loans — a key driver economic driver — fell by $7.9 billion to $2.75 trillion in the week ended June 28,…

By Nick Carey LONDON (Reuters) -A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forced to scrap EVs after mild…