Browsing: Economy

By Aftab Ahmed NEW DELHI (Reuters) – India’s annual retail inflation eased to 18-month low in April, staying well below the Reserve Bank of India’s (RBI)…

The Biden administration is making available nearly $11 billion in grants and loans aimed at helping rural energy and utility providers offer “affordable, reliable clean energy”…

As the U.S. national debt clock ticks, lawmakers on Capitol Hill Thursday spoke to Fox News Digital about the potential “catastrophic” effects of a default on…

MANILA (Reuters) – The International Monetary Fund (IMF) kept its economic growth forecast for the Philippines this year at 6.0%, but said on Friday high inflation…

Richmond Federal Reserve President Tom Barkin said Tuesday that the central bank’s statement after their meeting a few weeks ago is best interpreted as giving officials…

U.S. existing home sales continued to slide in April as limited inventory and high prices cooled consumer demand. Sales of previously owned homes tumbled 3.4% in…

By David Lawder WASHINGTON (Reuters) -The United States faces a “significant risk” of defaulting on payment obligations within the first two weeks of June without a…

The numbers: The New York Fed’s Empire State business-conditions index, a gauge of manufacturing activity in the state, plunged 42.6 points in May to negative 31.8,…

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment slumped to a six-month low in May on worries that political haggling over raising the federal government’s…

The numbers: Sales at U.S. retailers rebounded 0.4% in April largely because of strong demand for new autos and higher consumer spending online, offering a respite…