Browsing: Economy

The numbers: Total consumer credit rose $23 billion in April, up from a revised $22.8 billion gain in the prior month, the Federal Reserve said Wednesday.…

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan presented its federal budget for the next fiscal year, one of three measures the International Monetary Fund (IMF)…

It ain’t a good time to buy no thanks to high mortgage rates and home prices, but it sure feels like a great time to sell,…

Invesitng.com —  Deposits and lending activity at commercial U.S. banks increased for the third-straight week in the week ended May 31, the latest data from the…

The recession that the eurozone experienced from October to March was quite literally the mildest possible. But the flip side is that most recent data show…

By Richard Cowan WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Friday unveiled a series of new tax breaks aimed at businesses and families…

The numbers: The number of people who applied for U.S. unemployment benefits in early June jumped to a nearly two-year high of 261,000, but most of…

(Reuters) -Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon…

Persistent inflation is likely to keep U.S. interest rates high through 2023 and leave the U.S. susceptible to recession, financial-industry economists say. “The inflation picture is…

The Federal Railroad Administration is planning safety investigations of all the major freight railroads over the next year. The announcement comes following a recently completed review…