Browsing: Economy

With Congress raising the debt-ceiling and both sides of the aisle grumbling about the outcome, the debate over the mechanics of paying for the U.S. government’s…

BEIJING (Reuters) – Economic and trade development in the Asia-Pacific still faces many disturbances and challenges, China’s commerce minister Wang Wentao said. Wang made the comments…

The U.S. Senate voted 63-36 in favor of a crucial debt-ceiling bill on Thursday night, sending the measure to President Joe Biden to be signed into…

WARSAW (Reuters) – Poland plans to raise the minimum wage twice in 2024 to help people cope with high inflation, Family and Social Policy Minister Marlena…

By Steve Holland, Moira Warburton and Rami Ayyub WASHINGTON (Reuters) -Democratic President Joe Biden and a Republican negotiator said on Friday they were working on a…

The Federal Reserve should take a break from raising interest rates, after moving them up at each of the last ten meetings, said Philadelphia Fed President…

The crisis that roiled the U.S. banking system earlier this year after the failures of three relatively large regional banks saw total deposits fall even as…

BEIJING (Reuters) – The financial regulator of China’s Wuhan city publicly exposed 259 firms with debt to the government and urged them to immediately pay up,…

The Chicago Business Barometer, also known as the Chicago PMI, fell 8.2 index points to 40.4 in May, according to MNI Indicators. Economists polled by the…

All eyes will be on the May jobs report when it comes out Friday morning as investors look for clues about the labor market’s health in…