Browsing: Economy
State of corruption: from Bridgegate to gold bars, Menendez joins long list of NJ political scandals
The criminal allegations against New Jersey Sen. Robert Menendez are eye-popping on their own, but they come as part of a long litany of political scandals…
(This Sept. 18 story has been corrected to say inflation has stayed within the target range, not below, in paragraph 2 and BI was expected to…
By Mike Dolan LONDON (Reuters) – An eerie calm in U.S. Treasuries seems at odds with uncertainty about the end of the harshest tightening cycles in…
The numbers: After rocketing into positive territory in August, the Philadelphia Fed said Thursday its gauge of regional business activity lost all of the improvement, falling…
ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry…
The numbers: The number of Americans who applied for unemployment benefits last week fell by 20,000 to an eight-month low of 201,000, reflecting the reluctance of…
By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack…
Demand for housing is falling as mortgage rates stay firmly above 7%. The 30-year fixed-rate mortgage averaged 7.19% as of Sept. 21, according to data released…
India’s Finance Minister Nirmala Sitharaman called for full automation of regional rural banks and cooperative banks on Tuesday, directing the Department of Financial Services to study…
The numbers: The leading economic index fell 0.4% in August and declined for the 17th month in a row, but there’s still no sign the U.S. is…