Browsing: Economy

The Biden administration on Wednesday announced the cancellation of controversial oil and natural-gas leases in an Alaska federal wildlife refuge that were bought by a state…

By Orathai Sriring and Satawasin Staporncharnchai BANGKOK (Reuters) -Thailand’s 2023 economic growth and inflation are expected to be lower than previously forecast due to softer-than-expected exports…

Federal Reserve Gov. Lisa Cook, the first Black woman to serve on the governing board of U.S. central bank, on Wednesday narrowly won Senate confirmation for…

Investing.com — U.S. stock futures edge down following the Labor Day holiday, with traders trying to suss out the path ahead for price gains and the wider…

Mortgage rates remain over 7% as the U.S. economy continues to show signs of strength. The 30-year fixed-rate mortgage averaged 7.12% as of Sept. 7, according…

By Karin Strohecker and Vincent Flasseur LONDON (Reuters) -Central banks across major developed and emerging economies took a breather in August with the pace and scale…

U.S. stocks finished lower on Wednesday with the Nasdaq Composite suffering three consecutive sessions of losses as investors remained wary of higher Treasury yields after a…

By Michael S. Derby NEW YORK (Reuters) – Almost half a year after Silicon Valley Bank went belly up and nearly set off a national banking…

There has always been a broad consensus among economists that investments in research and development (R&D) fuel the engine of economic growth. This consensus is based…

By Julie Zhu, Kevin Huang, Yelin Mo and Roxanne Liu HONG KONG/BEIJING (Reuters) – China is set to launch a new state-backed investment fund that aims…