Browsing: Economy

The amount of money banks borrowed from the Federal Reserve last week rose slightly to $97.6 billion, indicating the U.S. financial system remains under some duress.…

U.S. job growth came in stronger than expected in May, boosted by a flurry of hiring across different sectors of the economy.  Employers added 339,000 jobs…

By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co (NYSE:)’s President and Chief Operating Officer Daniel Pinto said loan demand is…

The numbers: Mortgage rates inched toward 7% as strength in the U.S. economy prompted investors to expect another rate hike by the Federal Reserve. The 30-year…

On the heels of the May jobs report, economists weighed in on what the unexpected surge in jobs really means for the U.S. economy. Former White…

By Chibuike Oguh NEW YORK (Reuters) -Global shares and U.S. Treasury yields rose on Friday following stronger-than-expected job growth data that raised investor expectations that the…

Eurozone inflation fell more than expected in May on slowing food and declining energy prices, as underlying pressures also eased, welcome news for the European Central…

Fitch Ratings said Friday it is holding the United States on watch for a possible credit downgrade, even though Congress passed a bipartisan debt ceiling agreement…

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated in May, but a surge in the unemployment rate to a seven-month high of 3.7% suggested…

“ U.S. central bank’s top priority now should be to address the structural weaknesses that led it astray in the first place. ” One might think…