Browsing: Economy

By Jonathan Cable LONDON (Reuters) – A crash in British home prices is unlikely but they will dip further this year than earlier thought as the…

Yet another shockingly large increase in hiring in May suggests the U.S. labor market is still running hot, but some economists see a spike in the…

By Fergal Smith TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in May from April and sales rose sharply, adding to evidence that the…

President Joe Biden will sign a bill that raises the U.S. debt ceiling and imposes some spending limits “as soon as tomorrow,” White House press secretary…

Costco CFO Richard Galanti said late last month that some customers are switching from buying more expensive meats like steak and beef at the store to…

SAO PAULO (Reuters) – Industrial production in Brazil fell by more than expected in April from March, data from government statistics agency IBGE showed on Friday,…

The numbers: Total bank lending climbed slightly by $1.2 billion to $12.1trillion in the seven days ending May 24, the Federal Reserve reported Friday. This is…

By Herbert Lash and Shreyashi Sanyal (Reuters) -U.S. stocks closed higher on Friday after a labor market report showing moderating wage growth in May indicated the…

Fitch Ratings on Friday said a debt-ceiling deal that will avert a first-ever federal default doesn’t guarantee the U.S. government will keep its AAA credit rating.…

United Airlines pilots are set to vote on holding a strike as negotiations for better pay and working conditions have moved slowly. The pilots union voted…