Browsing: Economy

Union workers at Spirit AeroSystems in Wichita, Kansas, are going back to work after voting to accept a new contract that ended a week-long work stoppage.…

WASHINGTON (Reuters) – U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation would continue to improve in the second half of the…

Republican presidential hopefuls cheered Friday, as the Supreme Court overturned President Joe Biden’s plan to forgive a large swath of federal student loans, while Democratic politicians…

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Ryozo Himino said recent price rises were stronger than previously projected…

President Joe Biden on Friday will announce what he is calling next steps to protect student-loan borrowers, after the Supreme Court blocked his forgiveness plan. Read:…

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – Bank of Japan Deputy Governor Ryozo Himino said the country’s banking sector remains sound and has sufficient…

By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is asking international bondholders to take a 30% haircut and is seeking similar concessions from investors in its domestic…

The numbers: The cost of goods and services rose a scant 0.1% in May and pointed to a gradual easing in U.S. inflation, but prices were…

By Andy Bruce LONDON (Reuters) – Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6%…

The numbers: Consumer spending rose a tepid 0.1% in May, but American households have shown little inclination to cut back much even in the face of…