Browsing: Economy

Unit-labor costs, a gauge of wage inflation, rose at a revised 2.2% annual rate in the second quarter, up from the initial estimate of a 1.6%…

(Reuters) – The growth in euro zone’s gross domestic product (GDP) may come under pressure as corporates ease the pace of investments due to higher borrowing…

The numbers: Initial jobless benefit claims fell by 13,000 to 216,000 in the week ended Sept. 2, the U.S. Labor Department said Thursday.  This is the lowest…

BRASILIA (Reuters) – Brazilian central bank chief Roberto Campos Neto said on Tuesday that the slower growth seen in China is not affecting commodity prices “that…

Google and YouTube have created new rules ahead of the 2024 election cycle for political advertisements that use artificial intelligence to alter imagery or voices. Beginning…

By Maria Martinez and Christian Kraemer BERLIN (Reuters) -Germany’s budget for 2024 is one of the first steps in its return to sustainable finances, made necessary…

The U.S. Senate on Wednesday confirmed Adriana Kugler to a seat on the seven member Federal Reserve board of governors. She is the first Latino to…

By Michael S. Derby (Reuters) -Federal Reserve Governor Christopher Waller said on Tuesday the latest round of economic data was giving the U.S. central bank space…

The cost to insure a home has soared in many U.S. states in recent years, and lawmakers in Washington are taking notice. Democrats and Republicans sparred…

Billionaire entrepreneur Elon Musk turned to SpaceX for a $1 billion loan for his dramatic acquisition of the social media company formerly known as Twitter, according…