Bank of Israel Acts to Stabilize Shekel Amidst Escalating Conflict
On Tuesday, amid the escalating Arab-Israeli conflict sparked by a Hamas assault on Israel, the Bank of Israel initiated measures...
Economy
House speaker election: Jim Jordan loses in third ballot as Republican opposition grows again
Rep. Jim Jordan continued to face resistance Friday in his bid to become the next speaker of the U.S. House...
Explainer-Charting the Fed’s economic data flow
(Reuters) -The Federal Reserve held its benchmark overnight interest rate steady at the Sept. 19-20 policy meeting. Data since then...
Jim Jordan dropped as speaker nominee by House Republicans, who plan for new pick next week
House Republicans voted Friday in a secret ballot against keeping Rep. Jim Jordan as their nominee for speaker, and they...
US retail sales rise 0.7% in September despite off-peak season
U.S. retail sales have seen an unexpected rise of 0.7% in September, due to high demand at auto dealerships, online...
Persistent inflation risk and potential for real estate losses a worry in Fed report on banks
A Federal Reserve survey of financial stability risks released Friday showed growing concerns of persistent inflation and the potential for...
Fed’s Barkin: can’t rely on tightening from long-term rates
(Reuters) - Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward...
U.S. budget deficit swells to $1.7 trillion in fiscal 2023 as revenue tumbles
The numbers: The federal budget deficit for fiscal year 2023 was $1.7 trillion, up $320 billion, or 23%, from a...
Detroit casino workers go on strike after failed talks
By Doyinsola Oladipo NEW YORK (Reuters) -Thousands of hospitality workers in Detroit walked off the job on Tuesday after unions...
US Treasury-Market Recovers Post Regional Bank Failures
The liquidity of the US Treasury market has largely rebounded following disruptions caused by the regional bank failures in March,...
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