Some Federal Reserve officials are already advocating for two consecutive rate hikes starting this month to ensure inflation's defeat, but will their sway hold amid a shakeup at the Fed committee that decides interest rates?

GEORGETOWN, Guyana--(BUSINESS WIRE)--Jun 14, 2023--

(Reuters) -Chipmaker Onsemi forecast a tepid fourth quarter and cut about 900 jobs, sparking fears that weak electric vehicle (EV)

SAN JOSE, Calif.--(BUSINESS WIRE)--Sep 27, 2023--

WASHINGTON U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy, the top Republican in Washington, hope

Milan Fashion Week was not even over and the fashionistas were already heading to Paris on Monday for another 100-plus shows in...

China has fined Mintz Group, an American corporate due diligence firm, about $1.5 million for allegedly conducting unapproved statistical work in the country, as it continues with a nationwide crackdown on consulting firms in the name of national security.

ORLANDO, Fla.--(BUSINESS WIRE)--Sep 20, 2023--

By Aishwarya Venugopal (Reuters) -Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5

Asian markets mostly fell Monday as investors turn their attention to a key US inflation report later in the week, hoping for a reading that will ease concerns about...

When the June jobs report lands on Friday, it's all but certain to show that the US labor market has added jobs for 30 consecutive months.

Outreach from Fitch Ratings to the Treasury Department on Monday afternoon set off a frenzy inside the Biden administration to respond to news that would once again put President Joe Biden's handling of the economy under the microscope.