US Treasury Secretary Scott Bessent emphasizes that 'America first' aims for fairness in global economics, advocating for collaboration and reform in international trade and organi...
U.S. Treasury Secretary Scott Bessent emphasizes the critical role of energy abundance in driving economic growth, applauds the World Bank's move towards nuclear energy, and calls ...
British Chancellor Rachel Reeves announces UK's readiness to remove trade barriers with the US, emphasizing a balanced and fair trade deal that benefits both nations. The move sign...
The US mortgage applications dropped by 12.7% in a week, with key indexes showing significant declines. Economic uncertainty and rate volatility are cited as major factors affectin...
New single-family home sales in the US rose by 7.4% in March, with 724,000 units sold, indicating a strong housing market. Inventory increased slightly, while median prices saw a d...
The US private sector activity slowed significantly in April, with the PMI Composite Output Index hitting a 16-month low. Services saw a decline, while manufacturing slightly impro...
The IMF predicts global public debt will rise to 95% of GDP by 2025, potentially nearing 100% by 2030, amid uncertainties in trade policies. The US budget deficit is expected to de...
ECB's Joachim Nagel discusses Germany's economic prospects, highlighting the risk of a 2025 recession but expressing long-term optimism. He praises fiscal stimulus efforts and call...
