Browsing: Economy

The Federal Reserve on Wednesday raised its benchmark interest rate to a range of 5.25% to 5.5%, the highest level in 22 years, in order to…

By Douglas Gillison (Reuters) -Wall Street’s top regulator on Wednesday adopted new rules requiring publicly traded companies to disclose hacking incidents, a measure officials said was…

The European Central Bank is considered to be certain to lift interest rates by a quarter point, to 3.75%, with attention on what comments are made…

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada discussed delaying a hike to its key overnight rate at the last meeting before…

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau shuffled much of his cabinet on Wednesday with the aim of increasing focus…

The numbers: Mortgage rates didn’t move much this week, but home-buying demand fell as aspiring homeowners contend with high borrowing costs. The 30-year was averaging at…

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The numbers: Sales of newly built homes in the U.S. fell in June, as demand cooled after a jump the previous month. U.S. new-home sales fell…

Investing.com — The Federal Reserve raised interest rates by a quarter-point on Wednesday, signaling the need to put a further squeeze on elevated inflation after skipping…

Most of Federal Reserve Chair Jerome Powell’s messaging to markets on Wednesday may lean toward hawkish monetary policy, but that might not keep a lid on…