Browsing: Economy

(Reuters) -The U.S. Food and Drug Administration (FDA) on Friday issued marketing denial orders to 10 companies which collectively manufacture and market about 6,500 flavored e-liquid…

In what has become a predictable cycle, policymakers meet under pressure to raise the “debt ceiling,” the legal limit on the amount of debt the federal…

Tesla CEO Elon Musk warned on Tuesday that the economy is in for a challenging year ahead and said the Federal Reserve will be too slow…

By Gilles Guillaume and Elizabeth Pineau PARIS (Reuters) -France beat competition from Germany and the Netherlands for ProLogium’s first overseas car battery plant thanks to lobbying…

During my lengthy career in finance, I picked up several market heuristics that have generally proven more useful than not. Every January, for example, I remember…

Confidence among builders in the U.S. housing market increased more than expected in May as declining mortgage rates and limited inventory helped drive demand higher for…

By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor Philip Jefferson to be the central…

PALO ALTO, Calif. (Reuters) – St. Louis Federal Reserve Bank President James Bullard, an early and vocal supporter within the U.S. central bank of rapid interest-rate…

House Speaker Kevin McCarthy on Tuesday said he “didn’t see any new movement” toward ending Washington’s standoff over the debt ceiling, as he assessed how a…

If the U.S. defaults on its debt, it could have potentially catastrophic effects for the U.S. economy – including the already fragile housing market.  That’s according…