Browsing: Economy

By Shivansh Tiwary (Reuters) – U.S. new vehicle sales likely rose in the third quarter on improving supply and steady demand, but a strike by autoworkers…

A forthcoming report from the World Bank flags increasing levels of consumer debt in Latin America, particularly in Brazil and Chile, which could potentially threaten their…

In a recent press conference held in Dhaka on Tuesday, the World Bank (WB) revised its prediction for Bangladesh’s GDP growth for fiscal year 2023-24, cutting…

By Howard Schneider ATLANTA (Reuters) -Federal Reserve officials see rising yields on long-term U.S. Treasury debt as evidence their tight-money policies are working, but for now…

Mortgage rates rose for the fourth week in a row, amid uncertainty over whether the U.S. Federal Reserve will hike interest rates. The 30-year fixed-rate mortgage…

US Treasury yields have surged to levels not seen since August 2007, amid expectations of continued monetary tightening by the Federal Reserve and a robust labor…

The U.S. trade deficit shrank by 10% in August to a nearly three-year low of $58.3 billion, reflecting a change in consumer spending habits and possibly…

In recent reports, affluent American households have shown a shift in their philanthropic trends amidst economic uncertainty. According to a collaborative study by Bank of America…

The numbers: The number of Americans who applied for unemployment benefits last week rose slightly to 207,000, but they remained near pandemic-era lows and reflected an…

By David Lawder and Kanishka Singh WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Tuesday she was very optimistic about the outlook for the…