Economy News

Economy

Eurozone's April Consumer Confidence Dips Further, Signaling Economic Challenges Ahead

Eurozone consumer confidence declined further in April, with the index falling to negative 16.7 points. The EU also saw a drop, and economic sentiment indicators worsened across th...

Economy

US Goods Trade Deficit Surges to $162B in March, Marking a Significant Increase from February

The US goods trade deficit rose to $162 billion in March, up from $147.8 billion in February, with exports and imports both increasing. Wholesale inventories also saw a rise.

Economy

US Home Prices Surge: S&P/Case-Shiller Reports a 3.9% Increase in February

The S&P CoreLogic Case-Shiller report reveals a 3.9% year-over-year increase in US home prices in February, with the 10-City and 20-City Composites showing slight decreases from Ja...

Economy

Spain Bounces Back: 99.16% Power Restoration After Massive Iberian Peninsula Blackout

Spain has restored 99.16% of its power demand after a significant blackout on the Iberian Peninsula, with Portugal also making progress. The outage, caused by grid oscillations, wa...

Economy

Spain's Inflation Rate Dips Slightly to 2.2% in April, Surpassing Expectations

Spain's inflation rate slightly decreased to 2.2% in April, down from 2.3% in March, according to the National Statistics Institute. The core inflation rate grew by 2.4%, and the H...

Economy

ECB's Cipollone Warns of Significant Economic Impact from Trump's Tariffs

ECB's Piero Cipollone warns of the material effects of Trump's tariffs on the economy, highlighting risks of Western bloc fragmentation and profound long-term consequences for glob...

Economy

April Sees a Sharp Decline in Eurozone Consumer Confidence Amid Economic Uncertainty

Eurozone and EU consumer confidence dropped significantly in April, with economic sentiment and employment expectations also declining, highlighting growing economic concerns.

Economy

German Consumer Confidence Set to Rise in May Amid Positive Economic Signals

German consumer confidence is expected to rise in May, with experts citing the conclusion of coalition negotiations and a resilient economy as key factors. Despite US trade policy ...