Browsing: Economy

By Richard Cowan WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Friday unveiled a series of new tax breaks aimed at businesses and families…

The numbers: The number of people who applied for U.S. unemployment benefits in early June jumped to a nearly two-year high of 261,000, but most of…

(Reuters) -Twitter will soon begin paying verified content creators for ads in their replies, with the first payment block of around $5 million, company owner Elon…

Persistent inflation is likely to keep U.S. interest rates high through 2023 and leave the U.S. susceptible to recession, financial-industry economists say. “The inflation picture is…

The Federal Railroad Administration is planning safety investigations of all the major freight railroads over the next year. The announcement comes following a recently completed review…

ZURICH (Reuters) – The Swiss National Bank could raise interest rates to tackle inflation which remains above target, Chairman Thomas Jordan said in an interview published…

Financial markets are convinced that the Federal Reserve will “skip” an interest rate hike at its June meeting and focus its attention on raising rates again…

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian…

Gold prices settled lower on Friday, but held onto a modest gain for the week — their second in a row — on the back of…

U.S. stocks ended slightly higher Friday, with the S&P 500 index edging up after technically exiting bear-market territory a day earlier. All three major U.S. stock…