Browsing: Economy

President Joe Biden tested negative for COVID-19 on Wednesday morning and is not experiencing any symptoms, White House press secretary Karine Jean-Pierre told reporters. The president,…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asia is set for a cautious…

The outlook: The U.S. economy grew at a modest pace in July and August, bolstered by “the last stage of pent-up demand” for leisure activities, according…

The U.S. federal deficit is projected to nearly double this year as a result of higher interest rates and lower tax revenue. The gap between what…

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33 billion commercial real estate (CRE) loan portfolio of…

By Richard Cowan WASHINGTON (Reuters) -Democratic leaders of the U.S. Senate, on their return from summer recess on Tuesday, sought to gain the upper hand over…

The numbers: Mortgage rates fell over the latest week, but demand for mortgages fell to multidecade lows as U.S. home buyers stayed put. Demand for mortgages…

By Fabian Cambero SANTIAGO (Reuters) -Chile’s Codelco raised $2 billion in a bond offering in New York on Tuesday, as the world’s top producer seeks to…

American technology companies create products and services that bring enormous value to consumers around the globe, but if the U.S. Federal Trade Commission continues its indiscriminate…

By Patricia Zengerle WASHINGTON (Reuters) – The Democratic and Republican leaders of the U.S. Senate expressed support for continued assistance for Ukraine on Tuesday, as lawmakers…