Browsing: Economy

ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry…

The numbers: The number of Americans who applied for unemployment benefits last week fell by 20,000 to an eight-month low of 201,000, reflecting the reluctance of…

By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack…

Demand for housing is falling as mortgage rates stay firmly above 7%. The 30-year fixed-rate mortgage averaged 7.19% as of Sept. 21, according to data released…

India’s Finance Minister Nirmala Sitharaman called for full automation of regional rural banks and cooperative banks on Tuesday, directing the Department of Financial Services to study…

The numbers: The leading economic index fell 0.4% in August and declined for the 17th month in a row, but there’s still no sign the U.S. is…

By David Morgan and Moira Warburton WASHINGTON (Reuters) -Republicans who control the U.S. House of Representatives failed to advance two spending bills on Tuesday, as party…

The number of layoffs in the U.S. was supposed to shoot higher as the Federal Reserve jacked up interest rates to tame inflation and pushed the…

UK homeowners are facing a potential financial crisis as over 500,000 fixed-rate mortgages are set to expire during the upcoming festive season. This situation is expected…

Exchange-traded funds that invest in long-term Treasury bonds dropped Thursday, as yields continued their march higher in the wake of the Federal Reserve’s meeting on monetary…