Dollar Spikes Against Pound, Euro After Blowout…
The U.S. economy added 353,000 jobs in January, according to the latest report from the Bureau of Labor Statistics. The...
archiveEconomic News
Productivity rises rapidly again in good sign for U.S. economy
Last Updated: Feb. 1, 2024 at 9:30 a.m. ET First Published: Feb. 1, 2024 at 8:42 a.m. ET Developing story....
U.K. to start work on ‘Britcoin’ to prepare for cryptocurrency dominated world
The U.K. is set to start work on plans to create a digital version of Britain’s pound to ensure the...
U.K. Inflation Unexpectedly Rebounded in December, Raising Questions for Bank of England — Update
U.K. consumer prices accelerated unexpectedly in December, driven by new taxes on tobacco products, potentially pushing out calls for interest-rate...
U.S. national debt hits record $34 trillion ahead of funding fight in Congress
WASHINGTON — The federal government’s gross national debt has surpassed $34 trillion, a record high that foreshadows the coming political...
EU banks fear new clearing minimums could be rushed through
European bankers are concerned that the European Securities and Markets Authority could be given powers that would force them to...
Economy still appears headed for recession, U.S. leading index signals
Last Updated: Dec. 21, 2023 at 11:34 a.m. ET First Published: Dec. 21, 2023 at 10:18 a.m. ET The numbers: The...
The Bank of Japan’s Early Warning for the U.S.
Obsessing over the Federal Reserve is understandable, but the Bank of Japan’s decision this past week to relinquish control over...
Many Mortgages Are Still Below 4%. The Rate Is Handcuffing Homeowners.
Mortgage rates are at their highest level in 23 years. Many U.S. homeowners who have locked-in their costs, however, have...
HOME-MORTGAGE LENDING REVIVES ACROSS U.S. IN THE SECOND QUARTER OF 2023
Residential Loans Up 21 Percent Following Eight Straight Quarterly Declines;Purchase Lending Leads the Way, Spiking 29 Percent;Refinance and Home-Equity Activity...
