Browsing: Economy

Investing.com — Ratings agency Fitch placed the United States’ ‘AAA’ rating on Rating Watch Negative on late-Wednesday, citing increased uncertainty over whether the country will raise…

Federal Reserve Gov. Chris Waller is undecided on whether to support another increase in U.S. interest rates in June and said he won’t back a “pause”…

The U.S. government is hurtling toward its first-ever default on the debt that could be catastrophic for the economy, destroying more than 7 million jobs and…

By Hari Kishan BENGALURU (Reuters) – Global stock indices will end this year higher than where they started it but most are set to be confined…

A recent survey by the Federal Reserve Bank of New York found that American consumers expect the inflation rate to be 4.4% within the next 12 months and…

Federal Reserve officials were split at their meeting earlier in May on whether additional interest rate hikes are needed to lower chronically high inflation, according to…

BRASILIA (Reuters) – Brazil’s lower house on Wednesday approved a new fiscal framework bill, a major victory for President Luiz Inacio Lula da Silva’s administration as…

House Speaker Kevin McCarthy on Wednesday appeared to push back against some of his fellow Republicans who have expressed skepticism about Treasury Secretary Janet Yellen’s debt-ceiling…

Groveland, Fla.  — Orange lovers across the country should expect a sour surprise at the grocery store. Orange prices are now going up after the latest…

By Leika Kihara and Takahiko Wada TOKYO (Reuters) – The Bank of Japan (BOJ) may abandon a controversial bond yield cap this year if risks clouding…