Browsing: Economy

The numbers: The trade deficit in goods shot up 17% in April to a six-month high of $96.8 billion, reflecting a rebound in imports and a broad…

By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials “generally agreed” last month that the need for further interest rate increases “had become less certain,” with…

The numbers: Orders for U.S. manufactured goods jumped 1.1% in April largely because of the military, but business investment also rose sharply in a positive sign for…

A tentative “agreement in principle” was reached Saturday night between Democrats and Republicans to raise the nation’s debt ceiling, averting a potential U.S. default. President Joe…

By Huw Jones LONDON (Reuters) -The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial products…

The numbers: The final reading of a consumer-sentiment survey in May rebounded slightly to 59.2, but Americans remained worried about the future of the economy, especially…

WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its executive board completed the first reviews of Rwanda’s loan program under the Resilience and Sustainability…

The president of the Boston Federal Reserve said signs of waning inflation suggest the central bank may be “at, or near, the point” where it can…

(Reuters) – U.S. companies borrowed nearly 8% less in April than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said…

The numbers: The cost of goods and services rose 0.4% in April and inflation more broadly appears to have gotten stuck in the 4% to 5%…