Economy

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…

The numbers: Orders for durable goods rose 5.4% in November, the U.S. government said Friday. This is the largest gain…

By Ann Saphir (Reuters) – Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S. central…

The numbers: Consumer sentiment finished 2023 at a five-month high, perhaps a good sign for the economy as a new…

SANTA CLARA – Nvidia (NASDAQ:), a heavyweight in the artificial intelligence (AI) sector, has experienced a remarkable surge in its…

The numbers: Sales of newly built homes in the U.S. plunged in November as elevated mortgage rates took their toll…

NEW YORK – The Rosen Law Firm, known for representing global investors, has announced an investigation into Mobileye Global Inc.…

Home prices in major U.S. metropolitan areas rose for the ninth month in a row and hit a record high…