Browsing: Economy

The fight against high U.S. inflation is far from over if a resilient labor market and rapid increase in worker pay is any indication. Senior Federal…

BMW has issued a “do not drive” warning to the owners of about 90,000 older models in the U.S. because of defective airbags that might explode…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese trade and Japanese household spending data are on…

This is reprinted by permission from .  High consumer prices are one thing. Inflation has taken its toll on most household finances. But add high interest…

U.S. job growth continued to chug along at a healthy clip in April, as the labor market remained surprisingly resilient even in the face of rising…

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4 trillion…

Gold prices settled higher on Monday, building on last week’s gains, as expectations that the Federal Reserve has finished hiking interest rates have added another tailwind…

U.S. job growth came in stronger than expected in April, boosted by a flurry of hiring across different sectors of the economy.  Employers added 253,000 jobs…

By Manya Saini (Reuters) – PayPal Holdings Inc (NASDAQ:) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares…

President Joe Biden rolled out a plan on Monday that targets how airlines handle flight cancellations and significant delays that are within a carrier’s control. Biden…