Browsing: Economy

The president of the Boston Federal Reserve said signs of waning inflation suggest the central bank may be “at, or near, the point” where it can…

(Reuters) – U.S. companies borrowed nearly 8% less in April than last year to finance equipment investments, industry body Equipment Leasing and Finance Association (ELFA) said…

The numbers: The cost of goods and services rose 0.4% in April and inflation more broadly appears to have gotten stuck in the 4% to 5%…

By Jason Lange WASHINGTON (Reuters) – What could happen on Main Street if Washington’s political showdown over the debt ceiling stopped the government from cutting checks…

The numbers: Consumer spending jumped 0.8% in April as Americans bought more new cars and other goods and services, underscoring the resilience of the U.S. economy…

Moody’s Investors Service expects the ongoing standoff over raising the U.S. debt limit to be resolved in time to avoid the nation defaulting on any bills,…

By Dietrich Knauth (Reuters) – Telecommunications and power contractor QualTek Services Inc filed for bankruptcy on Wednesday, armed with a restructuring deal that could slash $307…

Data showing U.S. inflation stuck in the 4%-5% range and consumer spending coming in stronger than expected for last month are boosting the likelihood of another…

A new study found that job seekers with a Southern accent could make less money than people without one. According to the study by the University…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The central banks of South Korea and Indonesia announce…