Economy

U.S. retail sales have seen an unexpected rise of 0.7% in September, due to high demand at auto dealerships, online...

A Federal Reserve survey of financial stability risks released Friday showed growing concerns of persistent inflation and the potential for...

(Reuters) - Richmond Federal Reserve Bank chief Thomas Barkin on Tuesday said that higher long-term borrowing costs are putting downward...

The numbers: The federal budget deficit for fiscal year 2023 was $1.7 trillion, up $320 billion, or 23%, from a...

By Doyinsola Oladipo NEW YORK (Reuters) -Thousands of hospitality workers in Detroit walked off the job on Tuesday after unions...

The liquidity of the US Treasury market has largely rebounded following disruptions caused by the regional bank failures in March,...

Mortgage rates continued their unrelenting upward climb last week, adding potentially thousands in additional costs for would-be homebuyers. Rates on...

The Federal Reserve needs to “wait, watch and see” how the economy evolves before making any interest-rate moves, said Fed...

By Patricia Zengerle WASHINGTON (Reuters) - U.S. Senate leaders said on Tuesday they expect President Joe Biden to send them...

United Auto Workers President Shawn Fain said in his weekly address Friday that the union's strike against Detroit's Big Three...