Economy News

Economy

US Job Market Shows Resilience: Initial Jobless Claims Drop to 215,000, Signaling Economic Strength

The US labor market shows signs of strength as initial jobless claims drop by 9,000 to 215,000, with the 4-week moving average also declining. The insured unemployment rate remains...

Economy

ECB Slashes Interest Rates Amidst Growing Trade Tensions: A Bold Move Towards Economic Stability

The European Central Bank cuts key interest rates by 25 basis points, aiming for economic stability despite growing trade tensions and uncertainty affecting growth forecasts.

Economy

ECB's Lagarde Warns of Heightened Economic Risks Amid Global Tensions and Market Weakness

ECB President Christine Lagarde warns of increased economic risks in the eurozone due to global tensions and weak markets, despite some positive signs in manufacturing and spending...

Economy

ECB Unanimously Cuts Interest Rates: Lagarde Reveals No Push for Larger Reduction

ECB President Christine Lagarde confirms a unanimous decision to cut interest rates by 25 basis points, with no push for a larger reduction. The impact of tariffs on inflation rema...

Economy

Trump Engages in Productive Talks with Mexican and Japanese Leaders Amid Global Trade Discussions

President Donald Trump highlights productive talks with Mexican President Claudia Sheinbaum and Japanese trade representatives, amid global interest in trade discussions and Italy'...

Economy

Turkey's Bold Move: Central Bank Skyrockets Key Rate to 46% in Inflation Fight

Turkey's central bank raises its key interest rate to 46% to fight inflation, emphasizing a tight monetary stance and fiscal coordination to achieve price stability and a target in...

Economy

US Housing Market Hits Six-Year Low: Tariff Fears and Economic Uncertainty Slow Sales

The US housing market experiences its slowest sales pace in six years, with homes taking 47 days to sell on average in March. Elevated prices, economic uncertainty, and increased s...

Economy

US Housing Market Hits Six-Year Low: Tariff Fears and Economic Uncertainty Slow Sales

The US housing market slows to a six-year low with homes taking 47 days on average to sell in March, influenced by high prices, economic uncertainty, and tariff fears, as per Redfi...