Browsing: Economy

Developing story. Check back for updates. The numbers: Job openings in the U.S. rose slightly in September to 9.6 million, indicating that a still-growing economy still has…

By Hari Kishan BENGALURU (Reuters) -High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main…

The Federal Reserve on Wednesday held interest rates steady while keeping the door open for a hike down the road. The decision to hold rates steady…

By John Kemp LONDON (Reuters) -Global economic activity was mixed during the third quarter of 2023, with distinct signs of improvement in the United States and…

By Xinghui Kok SINGAPORE (Reuters) – Singapore expects muted prospects for its economy in the short-term amid global uncertainty, but the second half of 2024 should…

Interest in adjustable-rate mortgages jumps 10% The numbers: U.S. mortgage demand fell for the third week in a row, despite mortgage rates falling for the first…

WASHINGTON (Reuters) – African countries are less likely to follow East Asia’s development model of expanding manufacturing to pull people out of poverty, according to a…

The numbers: Businesses in the U.S. created just 113,000 new jobs in October, payroll processor ADP said, in a potential sign of a slackening labor market.…

The International Monetary Fund (IMF) has projected a decrease in global growth to 3.0% in 2023, further declining to 2.9% in 2024, according to its “Navigating…

The refunding: Treasury announced Wednesday it would sell $112 billion in notes and bonds next week. That’s up from $103 billion last quarter. This issuance will…