PARIS (Reuters) - French President Emmanuel Macron and German Chancellor Olaf Scholz were set to meet in Paris on Wednesday to discuss Ukraine and economic issues, as Europe struggles to respond with one voice to threats of tariffs from U.S. President Donald Trump. Trump, who has also threatened Canada, Mexico and China with heavy duties, said on Tuesday Europe had...

NEW YORK (Reuters) - The U.S. sovereign debt profile remains on an unsustainable path with deficits likely to widen more than what has been recently projected by the Congressional Budget Office, an analyst at investment firm DoubleLine said on Tuesday. The CBO, a non-partisan budget agency, last week issued fresh forecasts for the U.S. budget deficits for the next 10...

07:39 AM EST, 01/22/2025 (MT Newswires) -- The US dollar fell against its major trading partners early Wednesday, except for a gain versus the yen, ahead of the release of weekly Redbook same-store sales at 8:55 am ET and leading indicators data for December at 10:00 am ET. Earlier Wednesday, the Mortgage Bankers Association said mortgage applications were virtually unchanged...

03:12 PM EST, 01/21/2025 (MT Newswires) -- US home prices in December recorded their biggest annual increase in almost a year, with all 50 of the most populous metropolitan areas tracked by Redfin (RDFN) seeing year-over-year gains for the first time since May 2022. Nationally, home prices jumped 6.3% on an annual basis to a median $427,670 last month, Redfin...