Browsing: Economy

The numbers: The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 after hitting a 22-month high of 71.6…

Inflation at the wholesale level rose more than expected in July, ending a year-long streak of steady declines in consumer prices. The Labor Department said Friday…

By Patricia Zengerle and Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden asked Congress to approve about $40 billion in additional spending on Thursday, including $24…

U.S. Attorney General Merrick Garland on Friday named David Weiss as a special counsel in the investigation into President Joe Biden’s son Hunter. Weiss is the…

By Jody Godoy (Reuters) -Bittrex has agreed to pay $24 million to settle claims by the U.S. Securities and Exchange Commission that the cryptocurrency exchange failed…

By Sophie Yu and Yew Lun Tian BEIJING (Reuters) -At Nanchengxiang restaurants in Beijing, customers treat themselves to a breakfast buffet with three types of rice…

The numbers: U.S. initial jobless benefit claims rose by 21,000 to 248,000 in the week ending Aug. 5, the Labor Department said Thursday, the highest level…

By Brendan O’Boyle MEXICO CITY (Reuters) – The Bank of Mexico maintained its benchmark interest rate at 11.25% on Thursday, in line with analysts’ forecasts, underscoring…

The numbers: U.S. consumer prices rose a mild 0.2% in July, but the rate of inflation rose for the first time in more than in a…

HONG KONG (Reuters) – and stock exchanges said late Thursday they would study measures to lower investors’ trading costs and improve liquidity to further stimulate the…