Browsing: Economy

The globe just experienced its hottest summer on record. That means searing temperatures not only put portions of the population at risk right now, but rising…

MEXICO CITY (Reuters) – Mexican inflation likely slowed in August for the seventh straight month, with the closely watched core index expected to return to 2021…

President Joe Biden tested negative for COVID-19 on Wednesday morning and is not experiencing any symptoms, White House press secretary Karine Jean-Pierre told reporters. The president,…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia is set for a cautious…

The outlook: The U.S. economy grew at a modest pace in July and August, bolstered by “the last stage of pent-up demand” for leisure activities, according…

The U.S. federal deficit is projected to nearly double this year as a result of higher interest rates and lower tax revenue. The gap between what…

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33 billion commercial real estate (CRE) loan portfolio of…

By Richard Cowan WASHINGTON (Reuters) -Democratic leaders of the U.S. Senate, on their return from summer recess on Tuesday, sought to gain the upper hand over…

The numbers: Mortgage rates fell over the latest week, but demand for mortgages fell to multidecade lows as U.S. home buyers stayed put. Demand for mortgages…

By Fabian Cambero SANTIAGO (Reuters) -Chile’s Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world’s top producer seeks to…