Economy - Page 48

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending surged in September as households boosted purchases of motor vehicles and traveled, keeping spending on

The numbers: Consumer spending rose a a sharp 0.7% in September, underscoring the recent strength in the U.S. economy. Analysts polled by the Wall

The Federal Reserve is expected to maintain its current rates, as traders forecast the first rate cut to occur in June 2024, based on

The numbers: Consumer sentiment improved slightly at the end of October, but higher gas prices left people more worried about inflation. The final reading

The Reserve Bank of India (RBI) has recently raised the cap for non-callable bank fixed deposits (FDs) to Rs 1 crore, marking a significant

The numbers: The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Federal Reserve as it weighs

San Francisco-based EKJFX mutual fund, part of the Allspring family, has been struggling with underperformance and high market volatility, according to a recent analysis.

Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still avoid a military confrontation

The Federal Reserve’s Core Personal Consumption Expenditures (PCE) Deflator for September dipped to a four-month low of 3.7% year-on-year (YoY), while the Headline PCE

Elon Musk said that the SpaceX-owned satellite internet constellation, Starlink, will support internet connectivity to internationally recognized aid organizations in Gaza in a post