Browsing: Economy

Loretta Mester will step down as the president of the Cleveland Federal Reserve in June 2024, the regional Fed bank announced Wednesday. In a statement, the…

By Howard Schneider and Lindsay (NYSE:) Dunsmuir WASHINGTON (Reuters) – Federal Reserve policymakers fresh from last week’s decision to hold the policy rate steady are weighing…

The level of inventories, or unsold goods, that U.S. wholesalers are keeping on hand fell in September to a 13-month low amid uncertainty about whether the…

(Reuters) -Lucid Group said on Tuesday it now expects to produce 8,000–8,500 vehicles this year from its earlier projection of more than 10,000 units. The company…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets on Wednesday should be…

While Donald Trump is the frontrunner in the 2024 Republican presidential primary and leads his GOP rivals in overall fundraising, they’re having more success than him…

Investing.com — Federal Reserve members on Tuesday downplayed expectations that era of rate hikes has ended, setting the stage for Fed chairman Jerome Powell to potentially…

By Mike Stone WASHINGTON (Reuters) – The U.S. Army needs Congress to approve $3.1 billion to buy 155 millimeter artillery rounds and expand production to quickly…

The numbers: Total consumer credit rose $9.1 billion in September, up from a $15.8 billion drop in the prior month, the Federal Reserve said Tuesday. That…

By Manya Saini (Reuters) -Robinhood Markets missed Wall Street estimates for third-quarter revenue on Tuesday, weighed by a slowdown in trading activity, sending shares of the…