Economy - Page 45

The Federal Reserve is hunting for a unicorn by holding U.S. interest rates steady and hoping that’s enough to bring inflation down to 2% without a recession.

By Joe Cash BEIJING (Reuters) – China on Tuesday set out plans to develop a free trade zone in its northwestern Xinjiang region, rooting

“‘Ultimately, I think he will spend a night or a weekend in jail.’” — Ty Cobb That’s Ty Cobb, a former White House lawyer

Tuesday morning brought about a dip in Treasury yields, influenced by a multitude of factors that enhanced the appeal of U.S. government bonds. The

The numbers: A measure of what it costs businesses to employ workers rose a sharp 1.1% in the third quarter, keeping upward pressure on

By Martin Coulter LONDON (Reuters) -Britain will host the world’s first global artificial intelligence (AI) safety summit this week to examine the risks of

Ahead of the Federal Reserve’s policy meeting, U.S. Treasury yields dipped slightly, with 10-year yields standing at 4.8435% and 2-year yields at 5.0249% on

Federal prosecutors on Monday sought to chip away at FTX founder Sam Bankman-Fried’s credibility, pointing to discrepancies between his public comments and actions taken

Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong

The U.S. was supposed to be in recession by now, if you asked economists a year earlier. Now, a majority of economists think a