Browsing: Economy

The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson as the Federal Reserve’s Vice Chair. Jefferson, an economist from Davidson College, has been a…

By Matt Tracy and Davide Barbuscia (Reuters) – A post Labor-day rush of bond issuance by U.S. investment-grade-rated companies added renewed pressure on long-end U.S. Treasuries,…

The globe just experienced its hottest summer on record. That means searing temperatures not only put portions of the population at risk right now, but rising…

MEXICO CITY (Reuters) – Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to return to 2021…

President Joe Biden tested negative for COVID-19 on Wednesday morning and is not experiencing any symptoms, White House press secretary Karine Jean-Pierre told reporters. The president,…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia is set for a cautious…

The outlook: The U.S. economy grew at a modest pace in July and August, bolstered by “the last stage of pent-up demand” for leisure activities, according…

The U.S. federal deficit is projected to nearly double this year as a result of higher interest rates and lower tax revenue. The gap between what…

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33 billion commercial real estate (CRE) loan portfolio of…

By Richard Cowan WASHINGTON (Reuters) -Democratic leaders of the U.S. Senate, on their return from summer recess on Tuesday, sought to gain the upper hand over…