Economy News

Economy

United We Stand: France Calls for European Solidarity Against Trump's Trade Tactics

French Minister Marc Ferracci urges European unity against US tariffs, warning of Trump's strategy to divide Europe. He highlights the indirect effects on the European market and t...

Economy

Vietnam's Online Shopping Boom: $35M Daily Spend Signals Digital Revolution

Vietnamese consumers are spending $35M daily on online shopping, with a significant preference for branded and foreign products. The e-commerce market in Vietnam is booming, with a...

Economy

Neel Kashkari on Rising 10-Year Yield: A Sign of Fiscal Deficits, Not Cause for Alarm

Federal Reserve Bank of Minneapolis President Neel Kashkari discusses the rise in the 10-year Treasury yield, attributing it to fiscal deficits and not seeing it as worrisome. He a...

Economy

US Wholesale Inventories Witness a 0.5% Decline in December, Signaling Economic Shifts

In December 2024, US wholesale inventories fell by 0.5%, aligning with expectations, while sales increased by 1%. The inventory-to-sales ratio also adjusted, indicating a shift tow...

Economy

Trump's Pro-Growth Policies More Necessary Than Ever, Jobs Data Suggests

The latest US nonfarm payrolls report highlights the necessity of Donald Trump's pro-growth policies, as emphasized by the White House. Despite a 143,000 increase in nonfarm employ...

Economy

Federal Reserve's Adriana Kugler Asserts US Economy's Strong Foundation Amid Uncertainties

Federal Reserve Governor Adriana Kugler, speaking at the 2025 Miami Economic Forum, expressed optimism about the US economy's solid foundation, despite challenges like slow inflati...

Economy

Japan Achieves a ¥62.3 Billion Trade Surplus in December Amidst Export and Import Declines

Japan reported a ¥62.3 billion trade surplus in December, a decrease from November's ¥97.9 billion. Exports and imports both saw slight declines, with exports dropping by 0.9% and ...

Economy

EU Condemns US Tariffs: A Threat to Global Economy and Trade Relations

The European Commission criticizes the US's proposed tariffs on aluminum and steel as unlawful and economically harmful, warning of the negative impact on global trade relations an...