Editor’s Pick

WASHINGTON (Reuters) – U.S. mortgage rates dropped this week on expectations that the Federal Reserve would start cutting interest rates next Wednesday, but will likely not offer an immediate boost…

By Yoruk Bahceli and Naomi Rovnick (Reuters) – Traders pared back their bets on back-to-back rate cuts from the European Central Bank for the rest of the year on Thursday,…

(Reuters) – U.S. household wealth rose last quarter to $163.8 trillion, a fresh record, driven by gains in real estate values as well as a rise in the stock market,…

FRANKFURT (Reuters) – European Central Bank policymakers see an interest rate cut in October as unlikely, barring a major deterioration in the outlook for growth, three sources told Reuters. The…

By Moira Warburton WASHINGTON (Reuters) – A senior U.S. House Republican said on Thursday that his party needs to begin talks with Democrats on funding the government past a Sept.…

WASHINGTON (Reuters) – The U.S. Treasury on Thursday reported a $380 billion federal budget deficit for August, a massive shift from the $89 billion surplus in August 2023 that resulted…

By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission said on Thursday it had received offers from electric vehicle makers in China for minimum import prices into the European Union as…

WASHINGTON (Reuters) – The International Monetary Fund said on Thursday it was appropriate for the U.S. Federal Reserve to begin a long-awaited monetary easing cycle at its meeting next week…

By Hannah Lang (Reuters) -Retail trading platform eToro will stop offering nearly all cryptocurrencies to its customers as part of a settlement with the U.S. Securities and Exchange Commission, the…