Browsing: Economy

““The fact is, blind support for one side is destructive in the long term to the interests of the people on both sides. I fear we…

WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and bars,…

The numbers: The Philadelphia Federal Reserve said Thursday its gauge of regional business activity remained in contractionary territory for the second straight month in October. The…

By Li Gu and Tom Westbrook (Reuters) – Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest issuers,…

The numbers: The number of Americans who applied for unemployment benefits last week fell to a nine-month low of 198,000, defying expectations that layoffs would rise…

WASHINGTON (Reuters) – Production at U.S. factories increased more than expected in September despite strikes in the automobile industry curbing motor vehicle output, further evidence that…

By Amina Niasse NEW YORK (Reuters) – Homebuilder confidence fell in October to the lowest levels since January, according to a report released Tuesday, signaling sky-high…

The House’s temporary speaker, Rep. Patrick McHenry, has seen a surge in his chances of getting the post on a more permanent basis, with one betting…

WASHINGTON (Reuters) – U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a lift to…

The Federal Reserve needs to “wait, watch and see” how the economy evolves before making any interest-rate moves, said Fed Governor Christopher Waller on Wednesday. Although…