Mortgage applications in the U.S. dropped by 8.5% as interest rates rose, with purchase and refinance indexes also declining. Economic uncertainty is causing hesitation among buyer...
UNCTAD warns the global economy is on a recessionary path, with growth possibly slowing to 2.3% in 2025 due to trade tensions and policy shocks. The US, UK, and EU face low growth,...
US retail sales grew by 1.4% in March, reaching $734.9 billion, exceeding expectations. Motor vehicle and parts dealers led the surge with an 8.8% increase, while nonstore retailer...
US business inventories saw a 0.2% rise in February, totaling $2,590 billion, with a 2.1% annual increase, indicating steady economic growth.
US retail sales grew by 1.4% in March, reaching $734.9 billion, with a 4.6% increase from March 2024. Motor vehicle and parts dealers led the growth with an 8.8% jump, while nonsto...
Italy's inflation rate rose to 1.9% in March, up from 1.6% in February, with the CPI increasing by 0.3% monthly and core prices up by 1.7% year-over-year. The HICP also saw growth.
Chinese Foreign Ministry spokesperson Lin Jian criticized the White House for new tariffs up to 245% and a national security probe into imports, asserting China's right to defend i...
US President Donald Trump is set to discuss trade tariffs and defense expenses with Japanese officials, aiming for a deal beneficial to both nations. Despite Japan's significant in...
