ECONOMY & MARKETS

The U.S. residential real estate market is struggling with a reduced number of units for sale and elevated mortgage rates.

The consumer products maker said that profits and sales will be at the higher end of its guidance ranges for the year.

The number of new construction of homes is still well below levels of a year ago.

The bank is the last of the biggest Wall Street giants to report third-quarter results.

Output increased last month despite the ongoing strike of auto workers, showing positive signals for the U.S. economy.

The second-largest U.S. bank benefited from higher interest rates in the third quarter.

U.S. consumers keep shopping amid a strong labor market and slowing inflation.

Rising interest rates have been a significant headwind for U.S. equities — but not for leading technology companies.

The social network is cutting jobs for the second time this year and said it will continue investing in strategic priorities.

The survey showed that executives are still optimistic about future conditions for their businesses.

Philippine rice prices have started going back to the same levels before the Marcos administration implemented a price ceiling to keep domestic prices from rising further, just a week after the cap was lifted.

U.S. stocks could get a boost from a better third-quarter earnings season, as bond yields ease.

Goldman Sachs, Bank of America, Tesla and Netflix report third-quarter results. The retail sales data will show the strength consumer spending in the U.S.

The International Monetary Fund raised India's growth forecast to 6.3% in 2023 from an earlier forecast of 6.1%. Experts say that India's Covid-19 policies and other factors have armored the economy for a robust growth.

A preview of the University of Michigan's monthly index showed the impact of inflation on consumers' views.

The CEO of the biggest US bank is concerned about the war in Ukraine and the conflict between Israel and Hamas.

Three years after the pandemic wiped out the live music scene, fans are flocking again to see their favourite stars on stage, with Taylor Swift and Beyonce raking it in with tours that are giving local economies a boost.

Inflation, Fed rates and the crisis in the Middle East are pressuring overall markets with impacts on loans to buy homes.

The U.S. airline's third-quarter results were boosted by international travel and the return of corporate passengers heading into the hectic holiday season.

Markets are looking into the data to predict the Fed's next moves on interest rates.

US Federal Reserve officials agreed last month they should hold interest rates high "for some time" in their ongoing fight against inflation, according to minutes of the meeting published Wednesday.

The US Federal Reserve's fight against inflation seems to be heading in the right direction, while the US economy remains resilient, a senior Fed official said Wednesday.

The World Bank could raise its lending capacity by $150 billion in the next decade but it will need to become "bigger" to respond to global challenges, its president said Wednesday.

The US dollar broke through the symbolic 1,000 peso mark on Argentina's parallel market on Tuesday, as citizens scramble to dump the currency two weeks before a presidential election, according to websites tracking the rate.

US Treasury Secretary Janet Yellen said Tuesday she backed efforts to boost the lending firepower of the IMF and World Bank to combat poverty and climate change.

The company's third-quarter sales and profit grew more than expected as it increased prices and focused on diversifying products.

Inflation raises the cost of producing goods and services, recorded in the second line of the income statement, and therefore, cuts into gross margins. Interest rates raise the cost of credit, and therefore, reduce net earnings.

The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates further to bring down inflation, two senior officials said Monday.

The Dallas Fed President warned that the Fed may need to do more as inflation remains too high.