Browsing: Economy

By Andrea Shalal and David Lawder WASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Monday that a failure by Congress to raise the $31.4 trillion…

Gold prices settled higher on Monday, building on last week’s gains, as expectations that the Federal Reserve has finished hiking interest rates have added another tailwind…

U.S. job growth came in stronger than expected in April, boosted by a flurry of hiring across different sectors of the economy.  Employers added 253,000 jobs…

By Manya Saini (Reuters) – PayPal Holdings Inc (NASDAQ:) on Monday cut its outlook for annual adjusted operating margin, overshadowing its profit forecast raise, sending shares…

President Joe Biden rolled out a plan on Monday that targets how airlines handle flight cancellations and significant delays that are within a carrier’s control. Biden…

The Department of Transportation announced Monday its plans for a new rulemaking process requiring airlines to compensate passengers whose flights were delayed or canceled. The proposal…

By Chavi Mehta (Reuters) -Palantir Technologies said on Monday it expects to turn a profit every quarter in 2023, betting on interest “unlike anything we have…

A divided Washington is making a little progress toward raising the debt ceiling and avoiding a U.S. default, but the endgame still isn’t clear. As a…

The U.S. Chamber of Commerce said Thursday a small business in America could win a sizable monetary prize as part of an awards program it is…

By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit down this week to try to…