Author: Reuters

WASHINGTON (Reuters) – U.S. Federal Reserve policymakers agreed they should hold off on raising interest rates until they see evidence that a recent economic slowdown was transitory, minutes from their last policy meeting...

WASHINGTON (Reuters) – U.S. home resales fell more than expected in April, weighed down by a chronic shortage of houses on the market that is keeping prices elevated and sidelining prospective buyers. Powered by...

(Reuters) – U.S. stocks were little changed in early trading on Wednesday as investors awaited Federal Reserve minutes of its May meeting that could cement the chances of a rate hike next month. Powered by...

(Reuters) – U.S. stocks looked set to open little changed on Wednesday ahead of the Federal Reserve releasing the minutes of its May meeting that could cement the chances of a rate hike next month. Powered by...

SHANGHAI/BEIJING (Reuters) – Moody’s Investors Service downgraded China’s credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in...