Economy

The president of the Richmond Federal Reserve said the central bank is making “good progress” in slowing inflation, but he…

By Howard Schneider LINTHICUM, Md. (Reuters) -Continued strong U.S. job growth and a low unemployment rate shows the Federal Reserve…

As homeownership looks increasingly out of reach for many younger Americans, what should the federal government do to make houses…

WASHINGTON – Richmond Federal Reserve President Thomas Barkin has hinted at the possibility of interest rate cuts later this year,…

The president of the Philadelphia Federal Reserve said Wednesday the central bank doesn’t plan to cut interest rates soon because…

By David Shepardson WASHINGTON (Reuters) -Two groups representing auto dealers said on Friday they had filed a legal challenge to…

The numbers: The leading economic index declined 0.5% in November, falling for the 20th month in a row, and continued to…

By Max A. Cherney and Abhirup Roy SAN FRANCISCO (Reuters) – (This Jan. 4 story has been corrected to say…

Mortgage rates fell for the eighth week in a row, staying well below 7%, providing a much-needed boost to the…

BEIJING – The People’s Bank of China (PBOC) has laid out a series of measures aimed at bolstering the country’s…