Federal Reserve Board Chairman Jerome Powell speaks during a press conference following a closed two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., July 26, 2023. REUTERS/Elizabeth Frantz
United States

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

PHOTO: Sasirin Pamai | Shutterstock
Markets

Fed, economists make course correction on US recession predictions

PHOTO: Shutterstock
Money

US credit card debt tops $1 trillion, overall consumer debt little changed

Ruth Porat, Senior Vice-President and Chief Financial Officer, Google speaking in the Strategic Outlook on the Digital Economy session at the World Economic Forum Annual Meeting 2022 in Davos-Klosters, Switzerland, 24 May, 2022. | PHOTO: World Economic Forum / Boris Baldinger
Leaders

Chief financial officers are stepping into a rapidly revolving door

Real estate signs advertise new homes for sale in multiple new developments in York County, South Carolina, U.S., February 29, 2020. REUTERS/Lucas Jackson/File Photo
Real Estate

US mortgage delinquency rates fall to all-time low

A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles November 26, 2013. REUTERS/Kevork Djansezian/File Photo
Money

Inflation in the United States edged up in July after 12 straight months of declines

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United States

The U.S. government’s debt has been downgraded. Here’s what to know

An employee works in the battery assembly hall at the BMW Spartanburg plant in Greer, S.C., Wednesday, October 19, 2022. (AP Photo/Sean Rayford, File)
Markets

U.S. economy unexpectedly accelerated to a 2.4% growth rate in April-June quarter despite Fed hikes

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Companies

U.S. banks’ reserves steady, assuaging liquidity drainage fears

PHOTO: Prostock-Studio/iStock via Getty Images
Markets

U.S. retail sales rise moderately; economy plodding along

Shoppers glide past a display of big-screen televisions in a Costco warehouse on Tuesday, July 11, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski)
Money

Americans bump up spending in June as inflation eases in a strong jobs market

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