Economy

Wholesale inventories in the U.S. fell 0.1% in August, the Commerce Department said Tuesday. This is the sixth straight monthly...

Euro zone labour market shows no sign of weakening: Lagarde

Yellen says US-backed IMF funding increase is ‘pretty likely’

By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that her...

Adjustable-rate mortgage demand increases to highest level since November 2022 as high U.S. rates hammer home buyers

The numbers: Home buyers are turning to adjustable-rate mortgages, or ARMs, as persistently high rates hurt their ability to buy...

Ukraine finance minister says donor ‘tiredness’ growing as war drags on

Chinese embassy criticizes Costa Rica for 5G company restrictions

SAN JOSE (Reuters) - Costa Rican officials are undermining economic ties with China after authorities from the Central American country...

U.S. producer price inflation comes in a little hotter in September, highest annual rate in five months

The numbers: The U.S. producer price index rose 0.5% in September, the Labor Department said Tuesday, down slightly from an...

Singapore hopes for substantial IPEF progress by APEC

WASHINGTON (Reuters) - Singapore's deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic...

Jobless claims stay below 210,000 for fourth straight week

The numbers: Initial jobless claims were flat at 209,000 in the week ended Oct. 12, the Labor Department said Thursday. ...

Borrell says EU takes China seriously, expects same in return

By Laurie Chen BEIJING (Reuters) - The European Union's top diplomat Josep Borrell said on Saturday his message to Chinese...

CPI report shows headline inflation for September was hotter than forecast on rising shelter costs

The numbers: U.S. consumer prices climbed 0.4% in September, the Labor Department said Thursday. While the pace is softer than...

Will Powell join fellow fed members in endorsing a less hawkish stance?