Economy

“The belief that income inequality has risen sharply in the U.S. may be wrong.” For decades, the share of national...

NEW DELHI (Reuters) -The Indian government is likely to achieve its fiscal deficit target of 5.9% of gross domestic product...

The ink is barely dry on the Big Three automakers’ generous new union contracts, but it’s already clear that the...

For a man who once parlayed his status as “America’s mayor” into an estimated $50 million fortune that consisted of...

By Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank will need at least until spring before it can reassess...

The Federal Reserve is set to begin the New Year after it signaled that a momentous shift in monetary policy...

China’s crackdown on domestic dissent, paranoia about espionage, persecution of private executives and harassment of foreign businesses have instigated widespread fear, pessimism and deflation. However, China is not Japan in...

(Reuters) -World markets head into year-end on a "buy everything" high, with the Federal Reserve signalling it will switch to...

Mortgage rates marched down again this week in a hopeful sign for prospective buyers, but flat pending home sales indicate...

The numbers: Initial jobless claims rose by 12,000 to 218,000 in the week ended Dec. 23, the U.S. Labor Department...