‘Most’ Fed officials continue to worry about reacceleration of inflation, minutes show
Federal Reserve officials remain concerned that the strong U.S. economy would cause inflation to reaccelerate, according to minutes of the...
Economy
Millennials struggle with surging mortgage debt and high rates
UNITED STATES - The millennial generation in the United States is currently facing a significant financial hurdle as mortgage debt...
Existing home sales plummet to lowest level in 13 years as prices rise
U.S. existing home sales continued to slide in October as a combination of steep mortgage rates and a worsening supply...
IMF urges Pakistan to reassess development projects amid funding gap
ISLAMABAD - The International Monetary Fund (IMF) has called on Pakistan to undertake a critical reevaluation of its Public Sector...
American taxpayers are now slaves to interest payments
Interest on the federal debt is now so immense that it’s consuming 40% of all personal income taxes. The largest...
The U.K.’s last Autumn Budget caused turmoil. What will Chancellor Hunt do this time?
U.K. finance minister Jeremy Hunt will present his Autumn budget on Wednesday. He’ll be hoping it goes a lot better...
China wants more investment from French firms, Xi tells Macron
BEIJING/PARIS (Reuters) -China wants more French companies to invest in the country and hopes France will provide a fair business...
U.S. existing-home sales drop in October to lowest level since 2010
The numbers: U.S. existing-home sales fell 4.1% in October to a seasonally adjusted annual rate of 3.79 million, the National...
Germany considers suspending debt brake as coalition cracks show
By Markus Wacket and Andreas Rinke BERLIN (Reuters) -German Economy Minister Robert Habeck on Monday criticised sticking to what he...
Winner of $1.35B Mega Millions jackpot suing daughter’s mother for allegedly telling his family about the win
A Maine man who won the $1.35 billion Mega Millions jackpot is suing his daughter's mother for allegedly telling his family...
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