Browsing: Economy

The numbers: Home buying demand dropped as U.S. mortgage rates rose for the fourth week in a row to the highest level since 2000. Mortgage demand…

By Mark John (Reuters) – At a World Trade Organization event in September, former British prime minister Gordon Brown voiced out loud the fear that has…

That’s one tough gavel. At least that’s the reaction some might have had after Rep. Patrick McHenry, a Republican from North Carolina, slammed said gavel to…

By Swati Bhat MUMBAI (Reuters) – India’s monetary policy committee is widely expected to keep key rates on hold when it announces its decision on Friday…

LONDON (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in…

Hours after being ousted as speaker of the House, Rep. Kevin McCarthy said he was “at peace” with how it played out and that he “wouldn’t…

The growing burden of rising gasoline prices and higher interest payments are impacting American consumer spending, with the share of income allocated to these costs reaching…

Greggs on Tuesday said its sales have increased by more than 20% over the past three months, thanks to cost-conscious customers. The low-price sausage roll seller…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Friday the central bank may be done with…

International trade will be a key issue in the 2024 U.S. presidential campaign. Sadly, both the Republican and Democratic parties are taking positions on trade that…