Browsing: Economy

The market dynamics on Wednesday were significantly influenced by softer economic data, reduced Treasury borrowing than initially feared, and Federal Reserve Chair Powell’s hesitation to advocate…

Orders for manufactured goods rose 2.8% in September, the Commerce Department said Thursday. That’s the biggest gain since January 2021. Economists surveyed by the Wall Street Journal…

By David Morgan WASHINGTON (Reuters) -Republican Mike Johnson, the untried speaker of the U.S. House of Representatives, vowed on Wednesday to push forward with a $14.3…

House Speaker Mike Johnson on Thursday predicted Republicans would “very soon” come to a “point of decision” on whether to impeach President Joe Biden. Johnson, the…

(Reuters) – SolarEdge Technologies (NASDAQ:) on Wednesday forecast fourth-quarter revenue below Wall Street estimates on weak demand for its solar inverters, sending the company’s shares down…

Hedge fund billionaire Ray Dalio says the West’s push to block China from accessing microchips is “very, very similar” to the policy the U.S. took towards…

By Paul Sandle and David Shepardson BLETCHLEY PARK, England/WASHINGTON (Reuters) -The United States will launch a AI safety institute to evaluate known and emerging risks of…

The economy was supposed to get a lot weaker, and hiring was supposed to slow to a crawl. Neither has happened. The U.S. is still adding…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday that he sees no reason to change the current drawdown…

Treasury Secretary Janet Yellen on Thursday called the relationship between the U.S. and China among “the most consequential in the world,” saying, “we need to get…