Browsing: Economy

The numbers: The number of Americans who applied for unemployment benefits last week fell to a nine-month low of 198,000, defying expectations that layoffs would rise…

WASHINGTON (Reuters) – Production at U.S. factories increased more than expected in September despite strikes in the automobile industry curbing motor vehicle output, further evidence that…

By Amina Niasse NEW YORK (Reuters) – Homebuilder confidence fell in October to the lowest levels since January, according to a report released Tuesday, signaling sky-high…

The House’s temporary speaker, Rep. Patrick McHenry, has seen a surge in his chances of getting the post on a more permanent basis, with one betting…

WASHINGTON (Reuters) – U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a lift to…

The Federal Reserve needs to “wait, watch and see” how the economy evolves before making any interest-rate moves, said Fed Governor Christopher Waller on Wednesday. Although…

JOHANNESBURG (Reuters) – South Africa’s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a precise…

The U.S. economy exhibited “stable” to “slightly weaker” growth in the early fall, a Federal Reserve survey found, helping to loosen up a tight labor market…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that the U.S. central bank still has…

Federal Reserve Chairman Jerome Powell may be more hawkish in his speech Thursday, at least relative to some of the speeches by his colleagues, economists said.…