Browsing: Economy

LONDON (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing economies mired in…

Hours after being ousted as speaker of the House, Rep. Kevin McCarthy said he was “at peace” with how it played out and that he “wouldn’t…

The growing burden of rising gasoline prices and higher interest payments are impacting American consumer spending, with the share of income allocated to these costs reaching…

Greggs on Tuesday said its sales have increased by more than 20% over the past three months, thanks to cost-conscious customers. The low-price sausage roll seller…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Friday the central bank may be done with…

International trade will be a key issue in the 2024 U.S. presidential campaign. Sadly, both the Republican and Democratic parties are taking positions on trade that…

By David Lawder WASHINGTON (Reuters) -A government shutdown that could start this weekend would “undermine” U.S. economic progress by idling key programs for small businesses and…

The chief of the Atlanta Federal Reserve said further increases in interest rates probably aren’t necessary to bring inflation back down to pre-pandemic levels. Raphael Bostic…

The Wall Street rally that persisted for the first seven months of 2023 has taken a hit in August and September, with market participants expressing significant…

House Speaker Kevin McCarthy on Tuesday said his chamber would vote later in the day on a measure that aims to remove him from his post,…