Economy News

Economy

March Sees a Staggering 9.2% Surge in US Durable Goods Orders, Signaling Economic Resilience

US durable goods orders surged by 9.2% in March, with transportation equipment leading the charge with a 27% increase. Excluding transportation and defense, orders remained stable ...

Economy

ECB's Nagel Warns: Inflation Impact from Tariffs to Hit US Harder Than Europe

Joachim Nagel of the ECB highlights that tariffs will have a more substantial inflation effect in the US than in Europe, with significant implications for economic growth, especial...

Economy

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Tensions

Germany expects economic stagnation in 2025, with GDP growth revised to 0% from 0.3%. Inflation is projected to fall to 2% in 2025 and 1.9% in 2026. Economy Minister Habeck warns o...

Economy

U.S. Sees a Slight Uptick in Initial Jobless Claims, Signaling Potential Labor Market Shifts

Initial jobless claims in the U.S. increased by 6,000 to 222,000 for the week ending April 19, with the insured unemployment rate steady at 1.2%. The 4-week moving averages show sl...

Economy

Fed's June Decision Hinges on Clear Economic Signals, Says Cleveland President Hammack

Cleveland Fed President Beth Hammack discusses the potential for a June Fed move based on clear economic indicators, the impact of trade tariffs on business, and the Fed's focus on...

Economy

France Sees a Glimmer of Hope as Consumer Confidence Rises Slightly in April

Consumer confidence in France improved slightly in April, with the overall indicator moving up to 92. However, mixed signals were observed across different economic indicators, inc...

Economy

China and US Yet to Begin Trade Talks Amid Tariff Dispute, Spokesman Reveals

Chinese Foreign Ministry's spokesperson Guo Jiakun states that China and the US have not entered trade negotiations yet, urging the US to cease threats for dialogue. Guo criticizes...

Economy

German Business Climate Shows Slight Improvement in April, Surpassing Expectations

The German business climate improved slightly in April, with the Business Climate Index rising to 86.9, surpassing expectations. While current assessments grew more positive, expec...