Economy - Page 76

“ It is naïve to assume that the largest credit-fueled bubble in half a century can continue indefinitely or be deflated without pain. ”

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

The U.S. economy may be softer than the data suggest and this weakness may be helping to moderate inflation pressure, said Richmond Fed President

In a speech delivered on Tuesday to the Real Estate Roundtable, Thomas Barkin, President of the Federal Reserve Bank of Richmond, emphasized that policymakers

As Israel’s war against Hamas enters its second week, U.S. lawmakers are weighing new policies that could help starve the terrorist organization of the

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

Rep. Jim Jordan hit resistance on Tuesday in his effort to become the next speaker of the U.S. House of Representatives, as the Ohio

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks were slightly lower in afternoon trading on Tuesday as Treasury yields rose and shares of

The U.S. House of Representatives removed Rep. Kevin McCarthy from his post on Tuesday, as 216 members of his chamber voted in favor of

SHANGHAI/SINGAPORE (Reuters) – China’s central bank is expected to keep borrowing costs unchanged but ramp up liquidity support when it rolls over 500 billion