Browsing: Economy

By Paul Sandle and David Shepardson BLETCHLEY PARK, England/WASHINGTON (Reuters) -The United States will launch a AI safety institute to evaluate known and emerging risks of…

The economy was supposed to get a lot weaker, and hiring was supposed to slow to a crawl. Neither has happened. The U.S. is still adding…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown…

Treasury Secretary Janet Yellen on Thursday called the relationship between the U.S. and China among “the most consequential in the world,” saying, “we need to get…

(Reuters) – DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession…

By Granth Vanaik (Reuters) -DoorDash on Wednesday forecast fourth-quarter core profit above estimates after topping revenue expectations, boosted by an uptick in delivery orders for food,…

All eyes are on the upcoming leaders’ meeting of the Asia-Pacific Economic Cooperation (APEC), to be held in San Francisco Nov. 11-17. And with good reason: there…

(Reuters) – Boston Properties (NYSE:) on Wednesday forecast full-year funds from operations (FFO) per share below Wall Street estimates as high interest rates pressure office mortgages.…

The numbers: The productivity of American workers rose at a 4.7% annual clip in the third quarter, the government said Thursday. Economists surveyed by the Wall…

Pakistan is set to initiate technical negotiations with the International Monetary Fund (IMF) on November 2, a move aimed at securing a $710 million tranche. The…