Economy

With the U.S. job market still robust and unemployment low, more companies are moving away from formal annual performance reviews...

The Federal Reserve’s benchmark interest rate may have already hit its peak level, as it is now putting more downward...

By Howard Schneider WASHINGTON (Reuters) -The U.S. Federal Reserve started 2023 on a grim note, with staffers calling a recession...

Americans are feeling more optimistic about the odds that high inflation will continue to cool in the coming months, according...

Don’t expect Federal Reserve Chair Jerome Powell to say anything to bolster the market’s rising expectations for interest-rate cuts as...

(Reuters) -The Federal Reserve is not precommiting to cutting interest rates soon and swiftly, and the jump in market expectations...

A closely watched inflation report due Tuesday is expected to show that price pressures within the economy continued to ease...

Rep. George Santos was expelled from Congress in an historic vote Friday, following a House panel’s findings of substantial evidence...

By Amina Niasse NEW YORK (Reuters) - U.S. homebuilder confidence rose in December, indicating easing interest rates may be bolstering...

Billionaires are increasingly flocking to a growing financial hub in the Middle East to protect their financial assets as other...