Browsing: Economy

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials, whose hike, skip or pause messaging on interest rates has become a high-stakes word puzzle for investors,…

President Joe Biden on Friday hailed passage of a bipartisan deal to raise the U.S. debt limit and avoid a government default, addressing the nation from…

(Updates prices, adds analyst quote in paragraph 6, adds paragraph 12 on Fitch keeping U.S. credit rating on negative watch) By Hannah Lang WASHINGTON (Reuters) -…

Artificial intelligence (AI) cost several thousand people their jobs in May, according to Challenger, Gray & Christmas.  In its monthly report released Thursday, the firm said…

By Eliana Raszewski BUENOS AIRES (Reuters) -Argentina has signed a deal to renew its currency swap line with China and double the amount it can access…

The numbers: The number of Americans who applied for unemployment benefits at the end of May edged up to a one-month high of 232,000, but there’s…

JPMorgan Chase COO Daniel Pinto on Friday offered his take on the economy and the direction of U.S. interest rates. Pinto described the economy – both…

WASHINGTON (Reuters) – U.S. President Joe Biden said the bipartisan debt ceiling bill is expected to further boost the nation’s economic outlook after data released earlier…

The numbers: A key barometer of U.S. factory activity was negative for the seventh month in a row in May and pointed to an ongoing slowdown in…

By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his first address from the White House’s…