Browsing: Economy

The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 4 points to 40 in October, the U.S. trade group said on Tuesday.…

By Doyinsola Oladipo NEW YORK (Reuters) -Thousands of hospitality workers in Detroit walked off the job on Tuesday after unions called for strikes at casinos MGM…

“ Fed Chairman Jerome Powell is essentially telling us that  monetary policy may work its wonders if we are just patient.” A Federal Reserve decision to keep…

The liquidity of the US Treasury market has largely rebounded following disruptions caused by the regional bank failures in March, including Silicon Valley Bank and Signature…

The numbers: Sales at U.S. retailers jumped a bigger-than-expected 0.7% in September in a sign households have enough buying power to keep the economy expanding. The…

By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. equity options traders remain on edge, with much of their focus on U.S. Treasuries even as Middle…

““The modern world has not freed itself from distance and geography; it still relies on a network of vulnerable physical links”” — Deutsche Bank strategists The…

The U.S. economy may be softer than the data suggest and this weakness may be helping to moderate inflation pressure, said Richmond Fed President Tom Barkin…

By Jorgelina do Rosario, Rodrigo Campos and Ank Kuipers MARRAKECH, Morocco (Reuters) -Suriname received a counter to its proposal to China regarding bilateral debt negotiations, Suriname’s…

By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Friday he believes the U.S. central bank is likely done with…