Browsing: Economy

Investing.com — Federal Reserve members on Tuesday downplayed expectations that era of rate hikes has ended, setting the stage for Fed chairman Jerome Powell to potentially…

By Mike Stone WASHINGTON (Reuters) – The U.S. Army needs Congress to approve $3.1 billion to buy 155 millimeter artillery rounds and expand production to quickly…

The numbers: Total consumer credit rose $9.1 billion in September, up from a $15.8 billion drop in the prior month, the Federal Reserve said Tuesday. That…

By Manya Saini (Reuters) -Robinhood Markets missed Wall Street estimates for third-quarter revenue on Tuesday, weighed by a slowdown in trading activity, sending shares of the…

By Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ business confidence improved for the first time since August while service-sector mood rose for a second month, according…

The numbers: The U.S. trade deficit climbed almost 5% in September to $61.5 billion, but it remained near a three-year low and was on track to…

By Hari Kishan BENGALURU (Reuters) – The dollar’s recent weakness will linger for the rest of the year, according to a majority of FX strategists in…

The slowdown in job creation in October was welcome news because it brought the labor market into “a more balanced” and sustainable growth, said Chicago Fed…

By Abhirup Roy and Akash Sriram (Reuters) -Rivian Automotive raised its production forecast for the full year by 2,000 vehicles to 54,000 units on the back…

Americans are going to the polls Tuesday in states including Ohio, Kentucky and Mississippi, but one state in particular stands out for its potential impact on…