Mortgage demand roars back to life as interest rates dip below 7%
A key measure of home-purchase applications surged last week as mortgage rates dipped below 7% for the first time in...
Economy
World Bank: Emerging economies must grow ‘much faster’ to repay debt
By Karin Strohecker, Jorgelina do Rosario and Libby George LONDON (Reuters) -The World Bank warned that high borrowing costs have...
Janet Yellen warns inflation decline might not be ‘smooth’
EXCLUSIVE: Treasury Secretary Janet Yellen said Wednesday that inflation could face a bumpy return to normal after back-to-back reports showed...
Canada green bond issuance seen recovering in 2024 after slump
By Maiya Keidan TORONTO (Reuters) - Canadian green bond issuance is poised for a rebound this year as market conditions...
401(k) ‘hardship’ withdrawals surge to another record as high inflation stings
A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in order to cover a financial...
Fed worried about cutting rates too soon, minutes of January meeting show
By Howard Schneider and Lindsay (NYSE:) Dunsmuir WASHINGTON (Reuters) -The bulk of policymakers at the Federal Reserve's last meeting were...
Maine voters split over inflation ahead of 2024 presidential election
President Biden and former president Donald Trump are officially facing off again in the 2024 presidential election. Focusing on the...
Fed officials will dive into balance sheet debate at March FOMC
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve’s internal debate over the fate of its balance sheet reduction...
Florida man wearing Amazon vest seen swapping package with empty box
A Florida homeowner shared surveillance video of a man in an Amazon vest replacing a package with an empty box,...
Yellen to visit Brazil for G20 meeting, Chile for bilateral talks
By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will join finance officials from the Group of 20...
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