Economy News

Economy

US Wholesale Inventories Show Modest Growth in June, Signaling Steady Economic Momentum

US wholesale inventories grew slightly by 0.1% in June, totaling $906.3 billion, with sales up 0.3% from May. The inventory-to-sales ratio improved, showing efficient management.

Economy

Bostic Warns: Businesses Face Prolonged Tariff Adjustments Through 2026, Small Firms Hit Hardest

Atlanta Fed President Raphael Bostic predicts businesses, particularly small ones, will continue adjusting to tariffs into 2026, with significant challenges for pricing and consume...

Economy

Federal Reserve's Bostic Highlights Economic Turbulence Following Significant Job Revisions

Federal Reserve's Bostic discusses the implications of recent job data revisions, revealing economic turbulence and elevated labor market risks, while maintaining optimism about th...

Economy

Global Trade in Turmoil: Trump's Sweeping Tariffs Ignite Fears of Economic Stagflation Worldwide

President Trump's implementation of reciprocal tariffs on global economies sparks fears of stagflation, with Wall Street reacting sharply to declining economic indicators. Historic...

Economy

Breaking: U.S. Implements Reciprocal Tariffs Globally, Targets Key Allies Including EU and Asia

The U.S. has officially implemented reciprocal tariffs on various countries, including a 15% rate for Korea and Japan, 20% for Taiwan, 25% for India, and 39% for Switzerland, as an...

Economy

Germany's Industrial Output Plummets: A Surprising 1.9% Drop in June Sparks Economic Concerns

Germany's industrial production fell by 1.9% in June, below analysts' expectations, with the pharmaceutical industry leading the decline. Energy output, however, saw a slight incre...

Economy

Germany's Trade Surplus Shrinks to €14.9B in June Amid Rising Imports and Exports

Germany's trade surplus fell to €14.9 billion in June, down from €18.4 billion in May, with exports and imports both showing growth. Exports to EU and non-EU countries were detaile...

Economy

France's Trade Deficit Narrows Slightly to €7.7 Billion in June, Exports Show Modest Growth

France's trade deficit slightly decreased to €7.7 billion in June, with exports rising by €0.3 billion to €49.9 billion and imports increasing by €0.4 billion to €57.6 billion. The...