Browsing: Economy

House Speaker Kevin McCarthy on Wednesday made an effort to address concerns among investors that a divided Washington won’t be able to make a deal on…

The number of Americans filing for unemployment benefits last week inched higher, but previous weeks of data were revised lower after Massachusetts reported a surge in…

By Lewis Jackson and Renju Jose SYDNEY (Reuters) -PricewaterhouseCoopers (PwC) has agreed to remove staff with links to the leak and use of confidential Australian tax…

All 213 Democratic lawmakers in the U.S. House of Representatives support a “discharge petition” that could end the debt-ceiling standoff, House Minority Whip Katherine Clark told…

Germany announced that its economy has entered a recession after GDP fell under the pressure of high inflation.  “We’re fighting our way out of this crisis,”…

By David Morgan, Andrea Shalal and Moira Warburton WASHINGTON (Reuters) -Negotiators for Democratic President Joe Biden and top congressional Republican Kevin McCarthy held what both sides…

Florida Gov. Ron DeSantis made his 2024 presidential run official Wednesday, but his kickoff announcement on Twitter was plagued by technical glitches. DeSantis announced his candidacy…

By Marc Jones LONDON (Reuters) – Markets were stuck in U.S. debt ceiling limbo on Thursday, while Europe largely shrugged off news that its biggest economy,…

Germany was left meeting the technical definition of a recession after the Destatis statistics agency revised its estimate of first-quarter gross domestic production to a 0.3%…

The U.S. government could default on its debt within a matter of days, jeopardizing payments to millions of Americans and businesses.  The clock is running out…