Browsing: Economy

The numbers: Industrial production rose 0.4% in August, the Federal Reserve reported Friday. The gain was above expectations of a 0.2% gain, according to a survey…

In a move that further escalates industrial and geopolitical tensions, the European Union has initiated an investigation into subsidies provided by China for the production of…

The numbers: The cost of imported goods rose 0.5% in August, marking the biggest increase in 15 months, largely because of higher oil prices. import prices rose…

By Nichola Groom (Reuters) – President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may…

The numbers: A survey showed consumer sentiment falling in September for the second month in a row as Americans expressed more worries about the economy, but…

By Alexander Marrow (Reuters) -The rouble strengthened on Friday but gave up some intraday gains after the Bank of Russia raised interest rates to 13%, a…

The Senate Banking Committee looks set to vote in a week and a half to advance a much-anticipated bill that aims to make it easier for the…

(Reuters) – Global equity funds attracted substantial inflows in the week ending Sept. 13, buoyed by hopes the Federal Reserve might halt its rate increases amidst…

When merry revelers from around the world lift their beer steins to mark the start of Oktoberfest in the Bavarian capital Munich, they might want to…

By Noel Randewich and Ankika Biswas (Reuters) – U.S. stocks tumbled on Friday as chipmakers dropped on concerns about weak consumer demand, while rising Treasury yields…