Browsing: Economy

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…

(Reuters) – DoubleLine Capital CEO Jeffrey Gundlach expects interest rates are about to trend lower as the U.S. economy deteriorates further and tips into a recession…

By Granth Vanaik (Reuters) -DoorDash on Wednesday forecast fourth-quarter core profit above estimates after topping revenue expectations, boosted by an uptick in delivery orders for food,…

All eyes are on the upcoming leaders’ meeting of the Asia-Pacific Economic Cooperation (APEC), to be held in San Francisco Nov. 11-17. And with good reason: there…