Browsing: Economy

By Keith Coffman DENVER (Reuters) – Colorado’s costliest wildfire on record started from fierce winds that damaged power lines and unearthed smoldering embers from a controlled…

Former President Donald Trump is due to surrender Tuesday in Miami after his indictment last week in a classified-documents case. What does this case mean for…

By Stella Qiu SYDNEY (Reuters) – The risk of Australia’s economy slipping into recession has risen sharply, after the central bank surprised markets this week by…

The U.S. economy hasn’t slowed all that much. High inflation has proven to be quite sticky. And the rip-roaring labor market is still producing lots of…

By Julie Zhu and Aziz El Yaakoubi HONG KONG/RIYADH (Reuters) – Chinese entrepreneurs and investors are flocking to Riyadh this week to attend a business conference,…

The numbers: Total bank lending rose by $4.6 billion to $12.1 trillion in the week ending May 31, the Federal Reserve said Friday. This is the…

(Reuters) -Australian banks could face heightened supervisory attention if they make large exceptions in granting home loans to borrowers who fail to meet an industry standard,…

The net worth of U.S. households rose by 2% in the first three months of the year to $148.8 trillion, putting it close to a record…

By Emma-Victoria Farr BERLIN (Reuters) -Reality star Kim Kardashian’s arrival at a gathering of the globe’s top deal brokers in Berlin failed to dispel their dark…

Inflation in the U.S. has slowed from a 40-year peak of 9% last year, but prices are still rising rapidly and putting acute stress on household…