Browsing: economy
Sales of new US single-family homes fell more than expected in May as high mortgage rates sapped demand, boosting the supply of…
US existing home sales unexpectedly increased in May, but the trend remained weak amid high mortgage rates. Home sales climbed 0.8% last month to a…
The US central bank should consider giving less forward guidance about its monetary policy intentions, particularly in uncertain times, San…
A crackdown on undocumented workers by the Trump administration has sent shockwaves through the nation’s farms, factories and food supply…
Redefining industries is not a new concept to Amazon, as the company completely disrupted the world’s approach to retail just…
Texas Instruments said Wednesday it will spend more than $60 billion to expand its US manufacturing footprint, the latest chipmaker to ramp up…
President Trump admitted Thursday that his own immigration crackdown is gutting key American industries — and pledged that “changes are…
US wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild. The Labor Department reported…
The US economy could lose out on billions of dollars this year as President Trump’s policies hamper the tourism industry,…
Procter & Gamble will cut 7,000 jobs over the next two years, as the Tide detergent maker contends with an uncertain spending…