The latest news and updates about Finance from trusted sources around the world.
The U.S. personal savings rate fell to 3.9% in May, its weakest level since early 2024, as households used more of their income to cover rising living costs. Higher prices for essentials such as…
U.S. mortgage rates rose for a second consecutive week, extending the strain on prospective homebuyers already facing elevated housing costs. Freddie Mac said the average 30-year fixed mortgage rate…
Lawmakers in the lower house approved a wide-ranging electoral reform package in an overnight vote, marking one of the most significant changes to the voting system in years. The bill passed 312-198…
Negotiators from nearly 200 countries have returned to Bonn for a new round of UN climate talks, with governments under pressure to show progress on the Paris Agreement before COP31. The discussions…
Climate negotiators failed to settle the host for COP31 during talks in Bonn, pushing the decision into 2027. The delay underscores how disputes over climate finance continue to slow progress in the…
Negotiators have failed to settle on a host for COP31, the 2026 UN climate summit, after disagreements over both the venue and climate finance priorities. The delay underscores the persistent…
The U.S. Congress has passed a wide-ranging election reform bill after weeks of sharp partisan conflict over voting access and campaign finance rules. Lawmakers in both chambers approved the measure…
The U.S. House of Representatives approved a wide-ranging election reform bill late Friday, advancing changes aimed at making voting more accessible and tightening campaign finance transparency. The…
Delegates from nearly 200 countries have returned to Bonn, Germany, for the latest round of UN climate negotiations, where the central questions remain the same: how to cut emissions fast enough and…
Federal Reserve officials signaled that interest rates could come down later this year after fresh data showed inflation moderating more than economists had expected. The update strengthened…
Markets pushed up their expectations for a Federal Reserve rate cut in September after fresh inflation data came in softer than economists had anticipated. The latest personal consumption…
BRICS finance ministers are moving ahead with talks on a new payment system aimed at lowering reliance on the US dollar, according to Reuters. The discussions took place during a virtual summit and…
