Browsing: Economy

((This Oct. 18 story has been corrected to remove references to Hesai Technology after the Nuevo Leon Economy Ministry revised its statement to name Shenzhen as…

The numbers: Initial jobless claims rose by 10,000 to 210,000 in the week ended Oct. 21, the Labor Department said Thursday.  Economists polled by The Wall…

(Reuters) – Whirlpool Corp (NYSE:) tempered its full-year profit forecast on Wednesday, signaling softening demand for its washing machines and kitchen appliances amid a cost-of-living crisis…

U.S. mortgage rates rose for the seventh week in a row, making it the longest streak of increases since last spring. The 30-year fixed-rate mortgage averaged…

(Reuters) – Data center company Equinix (NASDAQ:) trimmed its annual revenue forecast on Wednesday on worries that a tough macroeconomic environment would prompt companies to scale…

The European Central Bank on Thursday paused on interest rates, after data showing inflation slowing down as worries about the economy abound. President Christine Lagarde used…

By Samuel Shen and Ankur Banerjee SHANGHAI/SINGAPORE (Reuters) -Investors are making a tentative return to China’s beaten-down stock markets as the government opened the stimulus taps,…

The numbers: Orders for durable or long-lasting goods jumped 4.7% in September, largely because of a flush of new contracts for Boeing airplanes. Most other manufacturers saw…

By Cynthia Kim and Jihoon Lee SEOUL (Reuters) -South Korea’s economy fared better than expected in the third quarter with the expansion underpinned by exports, backing…

The numbers: U.S. economic growth galloped at a 4.9% annual pace in the third quarter — fueled by a big burst of consumer spending — and…