Browsing: Economy

By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden has picked former Maryland Governor Martin O’Malley to lead the massive, financially challenged U.S. agency that…

Treasury yields jumped on Thursday, pushing the 30-year rate to its highest level since November, after U.S. data pointed to a still-resilient economy and a report…

ROME (Reuters) – Italian policies that slow public debt reduction or delay receiving European pandemic recovery funds could make it harder for Rome to manage its…

A former intelligence officer turned whistleblower testified under oath Wednesday that he’s certain the U.S. government is in possession of “unidentified anomalous phenomena,” also known as…

Advances in artificial intelligence (AI) technology may reshape the U.S. workforce by the end of the decade as companies increasingly adopt AI tools to help automate…

WASHINGTON (Reuters) – U.S. Treasury Undersecretary Jay Shambaugh said on Wednesday the Biden administration will not hesitate to take targeted actions against China to secure the…

U.S. gross domestic product is likely to grow by a 0.4% annual rate during this year’s second half, according to inflation-adjusted projections released Wednesday by the…

By Charlotte Van Campenhout and Rishabh Jaiswal AMSTERDAM (Reuters) -A fire blazed on a cargo ship off the Dutch coast with nearly 3,000 vehicles on board…

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter of a percentage point to a 22-year high and signaled it is prepared…

By David Morgan and Katharine Jackson WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives began debating the first of 12 fiscal 2024 spending bills on…