Economy News

Economy

March Sees a Boost in UK Consumer Confidence: A Detailed Look

The latest GfK survey reveals a one-point increase in the UK consumer confidence index in March, reaching negative 19 points. This indicates a slight improvement in economic optimi...

Economy

Historic Commitment: 7 OPEC+ Nations Pledge Deeper Oil Production Cuts Through 2026

OPEC+ announces a major compensation cuts plan through June 2026, with 7 key nations committing to significant oil production reductions to stabilize the global oil market.

Economy

April Marks the Dawn of Significant Tariffs: A New Era in Trade Policies

The White House has announced the implementation of significant tariffs starting April, as part of President Trump's strategy to address unfair trade practices. Key announcements o...

Economy

US Natural Gas Storage Sees a 9 Bcf Rise: A Closer Look at the Latest EIA Report

The latest EIA report highlights a 9 Bcf increase in US natural gas storage for the week ending March 14, with stocks below last year's levels and the five-year average, yet remain...

Economy

Ebrard and Lutnick Set for Crucial Tariff Talks: A Turning Point for US-Mexico Trade Relations?

Mexican Economy Secretary Marcelo Ebrard meets with US officials to discuss US tariffs on Mexican imports, focusing on steel and aluminum. Mexico considers its response, emphasizin...

Economy

February Sees a 4.2% Surge in US Existing Home Sales Amid Market Optimism

US existing home sales increased by 4.2% in February, with the median sales price rising to $398,400. Inventory levels also saw a significant boost, signaling a positive shift in t...

Economy

February Sees a 4.2% Surge in US Existing Home Sales Amid Market Adjustments

In February, US existing home sales increased by 4.2% monthly but decreased by 1.2% year-over-year. The median sales price rose to $398,400, with total housing inventory growing si...

Economy

Slight Uptick in US Jobless Claims: A Closer Look at the Latest Labor Market Trends

The US labor market sees a slight increase in initial jobless claims, with the 4-week moving average and insured unemployment numbers also rising, indicating ongoing fluctuations i...