Browsing: Economy

By Akash Sriram and Hyunjoo Jin (Reuters) -Tesla CEO Elon Musk signalled on Wednesday that he would cut prices again on electric vehicles in “turbulent times”,…

The numbers: The number of Americans who applied for unemployment benefits last week fell to a two-month low of 228,000, reaffirming that the U.S. job market…

By Steve Holland and Andrea Shalal WASHINGTON (Reuters) -The White House on Wednesday expanded its war on junk fees to the rental housing market, announced a…

The numbers: The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 13.5 in July from negative 13.7 in the previous…

By Patricia Zengerle WASHINGTON (Reuters) – Republican and Democratic members of the U.S. House of Representatives introduced legislation on Wednesday that would authorize President Joe Biden’s…

The numbers: The leading economic index dropped 0.7% in June, falling for the 15th month in a row, a recession signal if there ever was one. But…

By Gleb Stolyarov and Alexander Marrow (Reuters) – The Western automakers that dominated Russia’s car market left following Moscow’s invasion of Ukraine, leaving a slumping production…

The U.K. government on Thursday said it would keep what’s called the sovereign grant to the monarchy flat. The royals will get 86.3 million pounds ($111…

SEOUL (Reuters) – South Korea’s financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation…

The U.K government will make it harder for banks to close accounts after a dispute between the former leader of the U.K. Independence Party and a…