The US housing market shows signs of recovery with a 7.4% increase in new home sales in March, reaching 724,000. Inventory levels and median prices reflect current market dynamics.
The US PMI Composite Output Index fell to 51.2 in April, a 16-month low, indicating a slowdown in both services and manufacturing sectors. Concerns over government policies are aff...
The European Union is ready to impose counter tariffs on the US if trade negotiations fail, as stated by European Trade Commissioner Valdis Dombrovskis. The EU has postponed its co...
The UK's private sector activity experienced a sharp decline in April, with the PMI dropping to its lowest since November 2022. Manufacturing and services sectors both saw signific...
Eurozone's construction output fell by 0.5% in February, with the EU seeing a 0.4% decline. Despite monthly drops, year-over-year growth was positive. Sector-specific declines vari...
The Eurozone's trade surplus surged to €24 billion in February, with exports and imports showing healthy growth. The EU also reported an increase in trade surplus, highlighting a s...
The World Economic Forum has launched an investigation into its founder Klaus Schwab following allegations of fund misuse, as reported by a whistleblower and the Wall Street Journa...
The US mortgage applications plummeted by 12.7% in the week ending April 18, as per the MBA survey, with key indexes and interest rates showing unfavorable trends for homebuyers.
