Browsing: Economy

The latest Fannie Mae Home Purchase Sentiment Index (HPSI) revealed a stagnant consumer sentiment in October, largely due to concerns about housing affordability and inflation. Despite…

SYDNEY — The Reserve Bank of Australia sharply revised up its forecasts for core inflation in the near term and warned that inflation pressures are cooling…

Washington, D.C.-based fintech firm MPOWER Financing has boosted its lending capacity to over $300 million, following debt financing from Deutsche Bank, Goldman Sachs, and Värde Partners.…

Sen. Joe Manchin, a West Virginia Democrat, said Thursday that he won’t seek re-election, announcing his decision in a video posted on social media. “I’ve made…

WASHINGTON (Reuters) – Third quarter U.S. economic growth at an annualized 4.9% rate was a “blowout” performance that warrants watching as the U.S. Federal Reserve considers…

Billionaire venture capital investor Peter Thiel promised to not give any money to Republican candidates for office in 2024 election, according to an interview published in…

By Jan Strupczewski BRUSSELS (Reuters) – European Union finance ministers will edge closer on Thursday to a deal on new fiscal rules for the 27-nation bloc,…

Federal Reserve officials are “gratified” with the progress made so far on bringing down U.S. inflation, but are not yet confident that interest rates are high…

The Biden administration has made a collective appeal to Congress, seeking approval for an $11.8 billion funding request intended as direct budgetary support for Ukraine’s defense.…

President Joe Biden on Thursday celebrated agreements between the United Auto Workers and the Big Three carmakers, while also taking shots at former President Donald Trump,…