Browsing: Economy

Rep. Jim Jordan’s push to become the next speaker of the U.S. House of Representatives looked stuck Thursday, but the immediate outlook also wasn’t good for…

By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel hinted on Tuesday that it was in no rush to lower interest rates despite Israel’s war…

The U.S. economy has gotten a pop from higher defense spending since the late spring. Now a new conflict in Israel as well as the ongoing…

Aditi Nayar, ICRA’s chief economist, anticipates a 29% surge in capital expenditure by 13 key Indian states to Rs 6.2 lakh crore in FY24, despite lower…

(Reuters) – Warehouse-focused real estate investment trust (REIT) Prologis (NYSE:) reported better-than-expected quarterly funds from operations (FFO) per share on Tuesday on higher rental revenue but…

““The fact is, blind support for one side is destructive in the long term to the interests of the people on both sides. I fear we…

WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and bars,…

The numbers: The Philadelphia Federal Reserve said Thursday its gauge of regional business activity remained in contractionary territory for the second straight month in October. The…

By Li Gu and Tom Westbrook (Reuters) – Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest issuers,…

The numbers: The number of Americans who applied for unemployment benefits last week fell to a nine-month low of 198,000, defying expectations that layoffs would rise…