Browsing: Economy

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…

By Jack Queen and Luc Cohen NEW YORK (Reuters) – Donald Trump was fined $10,000 on Wednesday after the New York judge overseeing his civil fraud…

The numbers:  The U.S. trade deficit in goods widened 1.3% to $85.8 billion in September, according to the Commerce Department’s advanced estimate released Thursday. Economists polled…

By Stella Qiu SYDNEY (Reuters) -The head of Australia’s central bank on Thursday said the strong third-quarter inflation report was around policymakers’ expectations, and they were…

New House Speaker Mike Johnson faces a Nov. 17 deadline for passing a funding bill to avert a partial U.S. government shutdown, but it’s not his…

By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) -Japanese policymakers maintained their warning to investors against selling the yen on Thursday in the wake of the…

By Andrew Gray and Jan Strupczewski BRUSSELS (Reuters) -EU leaders are poised to call for humanitarian corridors in Gaza and for pauses in bombardments into and…

Shadow Chancellor Rachel Reeves, widely expected to be the next head of the U.K. Treasury after an election that could come next year, was accused of…