Browsing: Economy

Congress is considering a new bipartisan tax package that would expand the child tax credit and restore several business tax breaks, and the plan is to…

ROME (Reuters) – Former ECB president Mario Draghi will consult with EU finance ministers this month on how to sustain investments in digital and green transitions…

The numbers: Total U.S. consumer credit rose by $1.5 billion in December, down from a $23.4 billion gain in the previous month, the Federal Reserve said…

WASHINGTON (Reuters) – The No. 2 official at the International Monetary Fund on Monday said inflation had come down in many countries and the global economy…

Just a year ago, inflation seemed to be slowing quickly and hopes grew that the Federal Reserve could soon throttle back its interest-rate hikes. Then the…

By Timothy Aeppel (Reuters) – North American companies ordered about a third fewer robots last year as worries about a slowing economy and higher interest rates…

The economy is still booming by many measures — such as gross domestic product, job creation and unemployment — but Americans still aren’t all that happy,…

By Sarupya Ganguly BENGALURU (Reuters) – The recent sharp decline in U.S. Treasury yields is on pause until later this year, according to bond strategists polled…

The rate of inflation is slowing. How quickly it slows toward low pre-pandemic levels will determine when the Federal Reserve cuts interest rates and brings relief…

BRUSSELS (Reuters) – The EU adopted a law to set aside windfall profits made on frozen Russian central bank assets, it said on Monday, in a…