Browsing: Economy

By Fergal Smith TORONTO (Reuters) – Canada’s housing market showed further signs of recovery in May following a yearlong slump, data on Thursday showed, a factor…

Federal Reserve Bank of Atlanta President Raphael Bostic disclosed Thursday he made multiple trades before a Fed meeting last year, despite being prohibited from doing so.…

By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy is reassessing how it plans to deal with billions of euros’ worth of loans it guaranteed…

By David Morgan WASHINGTON (Reuters) – Republicans in the U.S House of Representatives on Thursday adopted government spending targets for the next fiscal year below the…

House Republicans’ new tax-cut package includes a measure that would squash a $600 tax-reporting threshold for gig workers and sellers who use payment networks like PayPal or…

(Bloomberg) — The US economy is holding up but losing steam. While an advance in retail sales last month exceeded nearly every estimate, the report also…

The 14th Amendment is back. You may remember this part of the Constitution from the now-resolved debt-ceiling standoff. But a different part of the same amendment…

By Victoria Waldersee BERLIN (Reuters) -Tesla will hire fewer temporary workers at its plant outside Berlin than it did in its ramp-up phase and refrain from…

Two- and 10-year Treasury yields jumped to three-month highs on Tuesday, after the May consumer price report showed the annual core rate of inflation still running…

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank raised borrowing costs to their highest level in 22 years on Thursday and left…