Browsing: Economy

The numbers: The number of Americans who applied for unemployment benefits last week fell by 12,000 to 237,000, indicating that most companies are reluctant to fire…

(Reuters) – U.S. banking giants are scheduled to report second-quarter results starting this week as the industry tries to move past the turmoil caused by the…

When interest rates rise, bond prices fall. And as we saw in 2022, when the S&P 500 fell 18.1% (with dividends reinvested), a tightening cycle by…

LONDON (Reuters) – Deutsche Bank (ETR:) said on Tuesday it now expects the Bank of England to raise interest rates by half a percentage point at…

The numbers: U.S. wholesale prices rose a meek 0.1% in June and no longer appear to be going up, suggesting that inflation is likely to continue…

WASHINGTON (Reuters) – The U.S. Treasury Department on Tuesday said it was calling for Large Position Reports from entities holding more than $10.2 billion worth of…

The Federal Reserve is still focused on raising interest rates despite the good news from June’s inflation readings, said San Francisco Fed President Mary Daly on…

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that the IMF expects global growth around 3% annually for the next five…

Treasury yields fell again on Thursday, led by declines in 2- and 3-year rates, after U.S. data showed wholesale inflation slowed to a crawl as of…

The U.S. housing market has defied expectations for a crash so far this year, but a steep decline in home prices could be right around the…