Browsing: Economy

There are plenty of closures to be aware of this Monday. Oct. 9 marks Columbus Day, which has been a federal holiday since 1937. But while…

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in August amid a surge in demand for workers in the professional and business services…

President Joe Biden on Friday said it’s possible he’ll meet with Chinese President Xi Jinping next month. “It is a possibility,” Biden told reporters, but such…

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday significantly raised its 2023 growth forecast for Mexico to 3.2% from a 2.6% forecast…

Exxon Mobil Corp. XOM, -1.67% is reportedly nearing a deal to buy energy-exploration company Pioneer Natural Resources Co. PXD, +10.45% for $60 billion, a combination that…

Nicolas Vincent, the recently appointed external non-executive deputy governor of the Bank of Canada, issued a warning about an impending inflation ‘feedback loop’ during his initial…

Buyers of electric vehicles will soon be able to get a federal tax credit at the dealership rather than waiting for months. Under changes announced Friday…

Raphael Bostic, President of the Federal Reserve Bank of Atlanta, has indicated that he foresees a single quarter-point rate cut occurring late next year, in a…

The numbers: The amount of credit U.S. consumers used in August recorded the biggest decline since the early stages of the pandemic in 2020, likely because people…

By John Kruzel and Andrew Chung WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday appeared skeptical of the payday lending industry’s challenge to the Consumer Financial…