White House cuts 2023 US deficit forecast after student loan forgiveness struck down
WASHINGTON The White House on Friday revised its fiscal 2023 U.S. budget deficit forecast to $1.543 trillion, a
2023-07-29 02:24
Endgame for Fed's tightening cycle challenged by easing financial conditions
By Michael S. Derby Less tight financial conditions as exhibited by the red-hot stock market may increase the
2023-07-29 02:19
Softening inflation props up U.S. consumer sentiment
By Safiyah Riddle Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched
2023-07-28 23:19
Biden to tout 'Bidenomics' in Maine as GDP grows, inflation falls
By Jarrett Renshaw and Steve Holland (Reuters) -President Joe Biden headed to Maine on Friday, his first trip to the
2023-07-28 22:48
US labor costs growth slows in second quarter
WASHINGTON U.S. labor costs increased less than expected in the second quarter as wage growth cooled a bit,
2023-07-28 21:22
US money market funds draw huge inflows in the week to July 26
U.S. investors turned to money market funds ahead of the Federal Reserve's policy decision, uncertain about the future
2023-07-28 21:22
US says largest solar project could be built on Energy Dept land
WASHINGTON The largest solar U.S. project and other clean energy infrastructure could be built on re-purposed land owned
2023-07-28 21:18
US annual inflation slows in June, consumer spending solid
WASHINGTON U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest
2023-07-28 20:47
Enphase Energy slumps as lukewarm US demand weighs on revenue forecast
Shares of Enphase Energy slumped 17% in premarket trading on Friday, after the solar inverter maker's third-quarter revenue
2023-07-28 18:50
Wall Street futures rise ahead of inflation data; chip stocks rally
U.S. stock index futures rose on Friday, setting Wall Street on course to end a data- and earnings-heavy
2023-07-28 18:18
Analysis-US bank preferred capital issuance makes a tentative comeback
By Shankar Ramakrishnan Investor appetite for a type of debt issued mostly by banks to boost their capital
2023-07-28 13:24
GM warns US emissions rules could cost industry $100 billion in penalties in 2031
WASHINGTON General Motors warned the Biden administration's vehicle emissions rules could cost the auto industry $100 billion in
2023-07-28 06:23