Economy News

Economy

Japan's Manufacturing Sector Faces Contraction in July Amid Trade Uncertainties

Japan's manufacturing sector showed signs of contraction in July, with the PMI Index dropping to 48.9, below the neutral mark. Experts link the downturn to US trade policy uncertai...

Economy

Breaking: Mexico Pledges to Fully Open Markets, A Major Win for US Producers

US Commerce Secretary Howard Lutnick announces Mexico's agreement to fully open its markets, a significant development for US producers. Discussions between Trump and Sheinbaum foc...

Economy

US to Finalize Trade Deals with Nations by Midnight: What You Need to Know

The White House has set a midnight deadline for trade deals with up to 200 countries, with new tariffs to be imposed on those without agreements. Press Secretary Karoline Leavitt c...

Economy

Historic $450 Billion Korea-U.S. Trade Deal: A Deep Dive into Tariffs, Investments, and LNG Imports

The Korea-U.S. trade deal, valued at $450 billion, includes a $350 billion investment fund and $100 billion in LNG imports, sparking discussions on profit retention and energy dive...

Economy

Germany's Inflation Rate Holds Steady at 2% in July, Core Inflation Remains Unchanged

Germany's inflation rate is expected to stay at 2% in July, unchanged from June, with core inflation also remaining steady. The CPI is projected to rise by 0.3% monthly, while the ...

Economy

Korea and U.S. Reset Trade Dynamics: A New Era of Economic Competition Begins

The Korea-U.S. trade negotiations have led to a complex scenario where Korea avoids immediate tariff risks but faces long-term economic challenges. The U.S.'s dual tariff strategy ...

Economy

July Sees a 29% Spike in US Job Cuts, Reaching 62,075: A Deep Dive into the Numbers

Job cuts in the US soared to 62,075 in July, a 29% monthly and 140% annual increase. Technology, retail, and non-profits were hardest hit, with AI and budget cuts cited as major ca...

Economy

June Sees a 0.3% Rise in US Personal Spending Amid Inflation Surge

US personal spending and income both grew by 0.3% in June, with the PCE price index rising to 2.6% annually, indicating higher inflation than expected. Core PCE inflation also incr...