US business inventories increased by 0.3% in January, reaching $2,591.9 billion, a 2.3% rise from the previous year. Trade sales and manufacturers' shipments saw a slight monthly d...
Fitch Ratings warns that the global trade war will reduce US and global economic growth, increase domestic inflation, and delay Federal Reserve rate cuts. US growth for 2025 and 20...
US Treasury Secretary Scott Bessent announced that each country affected by US trade restrictions will be assigned a tariff number starting April 2. He discussed the economic outlo...
The US housing market experienced an 11.2% increase in housing starts in February, reaching 1,501,000, despite a year-on-year decrease. Single-family starts rose significantly, but...
Canada's inflation rate increased from 1.9% in January to 2.6% in February, largely due to the end of the GST/HST break. Core inflation, excluding energy and food, also rose to 2.7...
US Treasury Secretary Scott Bessent announced that each country affected by US trade restrictions will be assigned a tariff number effective April 2. He also discussed the economy'...
US Treasury Secretary Scott Bessent announced that countries facing US trade restrictions will be assigned tariff numbers by April 2. While some tariffs may be low, 15% of countrie...
Russian Deputy Prime Minister Alexander Novak announced the global oil market is now balanced, following OPEC+'s output cuts. Russia plans to increase oil processing in 2025 and ex...
