Browsing: Economy

The numbers: The final reading of a consumer-sentiment survey in May rebounded slightly to 59.2, but Americans remained worried about the future of the economy, especially…

WASHINGTON (Reuters) – The International Monetary Fund said on Wednesday its executive board completed the first reviews of Rwanda’s loan program under the Resilience and Sustainability…

The president of the Boston Federal Reserve said signs of waning inflation suggest the central bank may be “at, or near, the point” where it can…

(Reuters) – U.S. companies borrowed nearly 8% less in April than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said…

The numbers: The cost of goods and services rose 0.4% in April and inflation more broadly appears to have gotten stuck in the 4% to 5%…

By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks…

The numbers: Consumer spending jumped 0.8% in April as Americans bought more new cars and other goods and services, underscoring the resilience of the U.S. economy…

Moody’s Investors Service expects the ongoing standoff over raising the U.S. debt limit to be resolved in time to avoid the nation defaulting on any bills,…

By Dietrich Knauth (Reuters) – Telecommunications and power contractor QualTek Services Inc filed for bankruptcy on Wednesday, armed with a restructuring deal that could slash $307…

Data showing U.S. inflation stuck in the 4%-5% range and consumer spending coming in stronger than expected for last month are boosting the likelihood of another…