Browsing: Economy

SYDNEY (Reuters) – Economists at Westpac now expect Australian interest rates to rise further in November, the latest bank to change its steady outlook following surprisingly…

The Republican-run U.S. House of Representatives at last managed to elect a new speaker on Wednesday, backing Rep. Mike Johnson, who scored the job after failed…

By Sameer Manekar (Reuters) -Australia’s Coles Group (OTC:) posted a 3.6% jump in first-quarter sales on Thursday, boosted by higher contribution from its supermarkets section owing…

President Joe Biden on Wednesday said he’s not worried that new House Speaker Mike Johnson will try to overturn the results of the next presidential election,…

Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still avoid a military confrontation despite the…

The Federal Reserve’s bi-annual survey, published on Friday, revealed escalating concerns about persistent inflation and potential real estate losses. This sentiment was shared by 75% of…

Could newly elected U.S. House Speaker Mike Johnson deliver a partial government shutdown next month? Don’t bet on it, according to some analysts. The lengthiness of…

(Reuters) – United Auto Workers President Shawn Fain said on Friday the three Detroit automakers had converged on a 23% wage hike after fresh contract offers…

(Reuters) – S&P Global is the first among the “big three” rating agencies to upgrade Greece to investment grade since the country’s debt crisis in 2010.…

The numbers: U.S. mortgage rates rose for the seventh week in a row, with the 30-year mortgage rate inching even closer to 8%. A jump in…