Browsing: Economy

The numbers: The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Federal Reserve as it weighs whether to…

By Chris Prentice WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) levied $5 billion through enforcement actions and barred more than 100 individuals from…

The numbers: Consumer spending rose a a sharp 0.7% in September, underscoring the recent strength in the U.S. economy. Analysts polled by the Wall Street Journal…

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Wednesday that $8.5 billion in COVID-era investments in community development financial institutions and minority-owned banking firms…

Investing.com — The Dow fell Wednesday, pressured by rising Treasury yields and Alphabet-led weakness in tech following disappointing quarterly results in its cloud business.   The…

Recession? Not in the U.S., says Treasury Secretary Janet Yellen. “You don’t really see any sign of recession here,” Yellen said at a Bloomberg event in…

Stanlib, in partnership with Standard Bank and Liberty, is launching an Energy Transition Fund to accelerate Africa’s shift towards renewable energy and clean technologies. The fund,…

The rate of U.S. inflation is slowing, but it’s not going to slow as quickly as earlier in the year. The so-called core PCE price gauge,…

(Reuters) – Financial adviser Ameriprise Financial (NYSE:) on Wednesday reported a jump in third-quarter adjusted profit, helped by higher client assets and a boost in its…

Lawmakers from both parties on Thursday criticized the recent U.S. stance toward Iran, arguing that both Democratic and Republican administrations had underestimated the country’s commitment to…