Browsing: Economy

The U.S. Securities and Exchange Commission voted Wednesday to adopt new rules mandating that private equity and hedge funds disclose quarterly performance, fees and expenses at…

By Rollo Ross and Alan Devall RANCHO MIRAGE, California (Reuters) -Tropical Storm Hilary unleashed furious flash floods east and west of Los Angeles on Sunday as…

Sales of new U.S. homes climbed more than expected in July even as continued to confront high mortgage rates. New single-family home purchases rose 4.4% to…

SYDNEY (Reuters) – The Australian federal government will have to spend about half its total budget on health, aged care, defence, disability support and debt repayments…

The numbers: Mortgage rates rose for the fourth week in a row to the highest level since 2000, as the economy continues to show strength. Rates…

By Lewis Jackson SYDNEY (Reuters) – Australia’s A$2.4 trillion ($1.54 trillion) pension sector grew its investments in local and foreign debt by more than A$20 billion…

Macy’s on Tuesday reported a difficult quarter, with comparable-store sales at owned stores sliding 8%, and its earnings per share when adjusted for a pension shift…

Investing.com — Stock futures inch into the green, hinting at an early rebound for equities following a losing week on Wall Street. Video conferencing group Zoom is…

“ CPI consistently understates inflation, leading to  erroneous  cost of living adjustments for benefits, pensions  and  financial-aid programs.   ” The most recent U.S. Consumer Price Index…

By Howard Schneider WASHINGTON (Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a reckoning at…