Browsing: Economy

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada agreed that the need for further rate hikes would be determined by fresh economic…

(Bloomberg) — The so-called Great Retirement is looking a little less great lately, as stalled house prices and the rising cost of living push some older…

By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks told U.S. senators on Wednesday that…

Vehicles crossed the newly reconstructed Interstate 95 bridge in Philadelphia Friday for the first time since the bridge collapsed in a deadly accident.  Pennsylvania Gov. Josh…

By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve should not raise interest rates further or it would risk “needlessly” sapping the strength of the U.S.…

Last year, American wireless carriers paused plans to launch higher-power 5G networks around U.S. airports amid concerns about interference with airplanes’ altimeters. Now airlines aren’t expected…

BRASILIA (Reuters) -Brazil’s Senate on Wednesday approved fiscal rules proposed by President Luiz Inacio Lula da Silva’s government, considered vital in preventing a surge in public…

The numbers: Total bank lending rose by $22.8 billion to $12.1 trillion in the week ending June 14, the Federal Reserve reported Friday. Total bank deposits,…

By Howard Schneider WASHINGTON (Reuters) -Further Federal Reserve rate increases are “a pretty good guess” of where the central bank is heading if the economy continues…

By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank will find out in July whether he will be reappointed to a second term, as…