Browsing: Economy

The U.S. government is on a collision course for a potentially catastrophic default on its financial obligation if Congress fails to raise the debt ceiling within…

(Reuters) – Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for underlying goods and services, European Central…

The Senate joined the House in voting to reinstate tariffs on solar-panel imports from several Southeast Asian countries that China has used as a workaround to…

New York City is mulling a response to the migrant crisis overwhelming the city government’s services that could imperil the push to bring more workers back…

By Shivangi Acharya NEW DELHI (Reuters) -India’s Financial Stability and Development Council (FSDC) considers the country’s banking system to be protected from any spillover from issues…

The Federal Reserve is expected to raise its benchmark interest rate by another quarter of a percentage point on Wednesday, in what could very well be…

Inflation at the wholesale level rose less than expected in April, the latest sign that painfully high consumer prices are beginning to loosen their stranglehold on…

By Ariba Shahid KARACHI, Pakistan (Reuters) – China and Pakistan on Monday urged donors to bridge gaps in humanitarian funding for Afghanistan, saying aid should be…

The Federal Reserve on Wednesday raised a key interest rate again, but it also signaled it was ready to pause and said further monetary tightening would…

(Reuters) – U.S. households still have some $500 billion in excess savings compared to before the COVID-19 pandemic that could support consumer spending late into this…