Economy News

Economy

US Factory Orders Take a Sharp Dive in June: A Closer Look at the 4.8% Drop

US factory orders dropped by 4.8% in June, with durable goods orders falling sharply by 9.4%, while nondurable goods saw a slight increase. Shipments and unfilled orders rose, indi...

Economy

German Bond Yields Dip as Fiscal Stimulus and Trade Tariff Uncertainties Stir Market Sentiment

German bond yields fell as investors sought safer options amid tariff uncertainties and after the German government approved a fiscal stimulus package. Manufacturing showed slight ...

Economy

President Trump Alleges Political Manipulation in Latest Jobs Report, Vows Immediate Action

President Trump accuses the latest US jobs report of being politically manipulated to harm Republicans, announcing plans to appoint a new BLS commissioner to ensure future reports'...

Economy

EU Postpones Retaliatory Tariffs on US Goods for Six Months Amid Trade Deal Implementation

The EU has announced a six-month suspension of retaliatory tariffs on US goods, following a trade deal agreement with the United States. This move aims to ease trade tensions and f...

Economy

Trump Announces Significant Tariff Increases on Indian Imports Amidst Ukraine Conflict Concerns

US President Donald Trump announces a significant increase in tariffs on Indian imports, citing concerns over India's oil trade with Russia and its stance on the Ukraine conflict. ...

Economy

Turkey's Inflation Rate Drops to 33.52% in July, Signaling a Slight Economic Relief

Turkey's inflation rate decreased to 33.52% in July from 35.05% in June, with significant price increases in housing, food, and transportation sectors. The core CPI also showed not...

Economy

Swiss Inflation Sees Slight Increase in July, Rising from 0.1% to 0.2% Amid Price Adjustments

Switzerland's annual inflation rate rose from 0.1% in June to 0.2% in July, driven by higher prices in hotels and private transport, while holiday and clothing costs decreased. Cor...

Economy

Spain's Unemployment Rate Shows Minimal Change in July, Slight Drop Noted Across Sectors

Spain's unemployment rate saw a minimal monthly decline of 0.06% in July, with a total of 2,404,606 unemployed. Year-on-year, the decrease was more substantial at 5.71%. Agricultur...