Browsing: Economy

The numbers: Mortgage rates fell over the latest week, but demand for mortgages fell to multidecade lows as U.S. home buyers stayed put. Demand for mortgages…

By Fabian Cambero SANTIAGO (Reuters) -Chile’s Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world’s top producer seeks to…

American technology companies create products and services that bring enormous value to consumers around the globe, but if the U.S. Federal Trade Commission continues its indiscriminate…

By Patricia Zengerle WASHINGTON (Reuters) – The Democratic and Republican leaders of the U.S. Senate expressed support for continued assistance for Ukraine on Tuesday, as lawmakers…

By Richard Cowan and Ann Saphir WASHINGTON (Reuters) – The U.S. Senate on Tuesday voted overwhelmingly to clear the way for the confirmation this week of…

Federal Reserve governor Christopher Waller, who has been a key voice pressing the central bank to continue to raise interest rates to cool inflation, now says…

By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal’s water levels have not recovered enough as the end of the rainy season approaches and limits…

Orders for U.S. manufactured goods fell a sharp 2.1% in July, the Commerce Department said Tuesday. This is the first decline after four straight monthly gains. Economists…

By Stella Qiu SYDNEY (Reuters) -Australia’s economy expanded by more than expected in the second quarter, driven by exports and investment, while household consumption remained weak…

North Korea would “pay a price” if it provides weapons to Russia for use in Moscow’s war in Ukraine, a top Biden administration official said Tuesday.…