Browsing: Economy

The Federal Reserve should take a break from raising interest rates, after moving them up at each of the last ten meetings, said Philadelphia Fed President…

The crisis that roiled the U.S. banking system earlier this year after the failures of three relatively large regional banks saw total deposits fall even as…

BEIJING (Reuters) – The financial regulator of China’s Wuhan city publicly exposed 259 firms with debt to the government and urged them to immediately pay up,…

The Chicago Business Barometer, also known as the Chicago PMI, fell 8.2 index points to 40.4 in May, according to MNI Indicators. Economists polled by the…

All eyes will be on the May jobs report when it comes out Friday morning as investors look for clues about the labor market’s health in…

ABUJA (Reuters) – Nigeria’s Senate amended a law on Saturday to allow the federal government to borrow more money from the central bank, just days before…

The numbers: Job openings in the U.S. climbed in April to a three-month high of 10.1 million, another sign the economy hasn’t cooled enough to forestall more…

(Reuters) – A deal reached to raise the U.S. federal government’s $31.4 trillion debt ceiling keeps non-defense spending roughly flat for current fiscal year and 2024,…

Hiring tapered off a bit in May and inflation increased at a slower pace, a Federal Reserve survey found, but the U.S. economy expanded again and…

Apple announced Wednesday that the App Store generated $1.1 trillion in developer billings and sales last year.  The tech giant said that the milestone builds on…