Browsing: Economy

The numbers: Homebuilders are feeling optimistic amid strong demand from buyers who are struggling with a low number of houses for sale.  Many sellers are holding…

The rapid rise of artificial intelligence and development tools like ChatGPT has stoked fears among many people that their jobs will be automated in the near…

By Jeff Mason WASHINGTON (Reuters) – President Joe Biden is expected to meet with Republican House Speaker Kevin McCarthy and other congressional leaders early next week…

This article is reprinted by permission from NerdWallet.  Inflation in April continued its steady cooldown, but its slow pace shows it’s still resilient, too, according to…

Companies looking to harness the process that powers the sun and stars to generate electricity expect to spend about $7 billion by the time their first…

By Laura Matthews NEW YORK (Reuters) – The U.S. dollar rose against the euro and sterling on Friday, and was on track for its biggest weekly…

Hedge-fund titan Paul Tudor Jones believes the Federal Reserve has delivered its last interest-rate hike for the cycle, which should keep U.S. stocks elevated heading into…

The number of Americans filing for unemployment benefits last week fell by the most since 2021 after fraudulent claims in Massachusetts boosted the data in previous…

By Miguel Lo Bianco and Hernan Nessi BUENOS AIRES (Reuters) -Argentina’s annual inflation rate soared to 109% in April, the country’s statistics agency said on Friday,…

Inflation views appear to have diverged recently, with consumers in a preliminary survey expecting a rise in the cost of living while a markets-based measure is…