Browsing: Economy

By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as investors closed the book on a week marked with mixed earnings, warnings…

(Reuters) – BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate hike in December instead of November.…

(Reuters) – Comerica (NYSE:) said on Friday its net interest income is expected to decline in the current quarter as banks are pressured to pay more…

Cleveland Federal Reserve President Loretta Mester said Friday that the central bank will have to find a way next year to get away from the constant…

In a recent interview with CNBC on Friday, Raphael Bostic, the President of the Atlanta Federal Reserve, revealed that the Federal Reserve may postpone interest rate…

House Republicans voted Friday in a secret ballot against keeping Rep. Jim Jordan as their nominee for speaker, and they planned to determine a new nominee…

OTTAWA (Reuters) – Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on Friday,…

A Federal Reserve survey of financial stability risks released Friday showed growing concerns of persistent inflation and the potential for real estate losses. Inflation and real…

By Jamie McGeever ORLANDO, Florida (Reuters) – The 2024 consensus world economic and market view is shaping up to be a repeat of this year’s: weaker…

The numbers: The federal budget deficit for fiscal year 2023 was $1.7 trillion, up $320 billion, or 23%, from a year ago, as the government’s revenues…