Browsing: Economy

The numbers: The U.S. federal budget deficit widened sharply to $227.76 billion in June, up from $88.8 billion in the same month last year, the Treasury…

By Chiara Elisei LONDON (Reuters) – Companies around the globe took on a record $456 billion of net new debt in 2022/23, although higher interest rates…

Donald Trump’s son-in-law, Jared Kushner, testified before a federal grand jury in recent weeks to answer whether the former president had ever privately acknowledged in the…

By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday dismissed a lawsuit in which the founder of WallStreetBets, which helped ignite investors’ fascination with “meme”…

Federal Reserve Board Gov. Christopher Waller said Thursday he was not swayed by June’s benign consumer inflation data, and said he wants the central bank to…

Investing.com — The Reserve Bank of New Zealand kept interest rates steady on Wednesday, but said that rates will remain higher for longer as the bank…

The inflation dragon is breathing a lot less fire, but it’s far from dead. The rate of inflation slowed sharply to 3% in June from a…

By Renju Jose SYDNEY (Reuters) – Australia Treasurer Jim Chalmers said on Wednesday the cabinet would meet soon to decide the next governor of the country’s…

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday, hitting pause as expected and flagging rates…

U.S. government bank regulators should run a new “high-inflation” stress test to identify at-risk banks and be able to better gauge their capital shortfalls, said Minneapolis…