Browsing: Economy

The numbers: Orders for long-lasting goods made in America jumped 4.7% in June due to a flush of new contracts for Boeing passenger planes. A key measure…

Hundreds of millions of Americans have dealt with high temperatures and heat warnings over the past week, and the heat wave is also taking a toll…

By Josh Ye (Reuters) -TikTok plans to launch a program in August to help Chinese merchants sell goods globally, and will officially roll it out first…

The numbers: Initial jobless benefit claims fell by 7,000 to 221,000 in the week ended July 22, the Labor Department said Thursday. That is the lowest level…

BEIJING (Reuters) – China’s industry ministry on Wednesday issued guidelines on standardisation of intelligent connected vehicles. The guidelines map out equipping the world’s largest auto market…

The numbers: The U.S. international trade deficit in goods narrowed 4.4% to $87.8 billion in June, according to the Commerce Department’s advanced estimate released Thursday. Economists…

By Safiyah Riddle (Reuters) – Weakening loan growth for U.S. banks and what top lending officers across the industry have to say about the credit outlook…

The numbers: A resilient U.S. economy grew at a 2.4% annual pace in the second quarter, propelled by steady consumer spending and a rebound in business…

By Iain Withers, Valentina Za and Jesús Aguado LONDON/MILAN/MADRID (Reuters) – Europe’s major banks, including Deutsche Bank (ETR:) and Lloyds Banking Group (LON:), on Wednesday pointed…

House Judiciary Committee Chairman Jim Jordan on Thursday scrapped his panel’s plans to hold an afternoon vote that would recommend holding the CEO of Facebook’s parent…