Economy News

Economy

Canadian PM Mark Carney Defiantly Counters Trump's Threat to Exclude Canada from North American Auto Industry

Canadian Prime Minister Mark Carney responds to US President Donald Trump's threat to exclude Canadian cars from the North American auto market, asserting Canada's sovereignty over...

Economy

Canadian PM Mark Carney Defiantly Responds to Trump's Auto Industry Exclusion Threat

Canadian Prime Minister Mark Carney responds to US President Donald Trump's threat to exclude Canadian cars from the North American auto market, emphasizing Canada's sovereignty ov...

Economy

Germany's Economic Forecast for 2025: Stagnation Looms as Global Trade Tensions Rise

The German government expects economic stagnation in 2025, revising previous growth forecasts. With inflation projected to fall, concerns over US trade policies highlight potential...

Economy

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

In March, US durable goods orders experienced a significant 9.2% increase, with transportation equipment leading the surge. Excluding transportation, orders were stable, while defe...

Economy

ECB's Nagel Predicts Stronger Inflation Impact in US Over Europe Due to Tariffs

Joachim Nagel of the ECB suggests tariffs will have a stronger inflationary effect in the US than in Europe, with significant implications for economic growth, especially in German...

Economy

Cleveland Fed President Hammack Signals Potential June Rate Move Amid Economic Uncertainty

Cleveland Fed President Beth Hammack discusses the potential for a June rate move, emphasizing data-driven decisions amid trade tariff uncertainties and market volatility. The Fed ...

Economy

March Sees a Sharp 5.9% Decline in US Existing Home Sales Amid Affordability Crisis

US existing home sales plummeted by 5.9% in March, with affordability challenges and high mortgage rates cited as key factors. The median sales price rose slightly, while inventory...

Economy

US Natural Gas Storage Sees Significant Weekly Increase, EIA Reports

The EIA reports an 88 Bcf weekly rise in US natural gas inventories to 1,934 Bcf, still below the five-year average and down from last year's levels.