Builder confidence in the US housing market declined in May, with the NAHB/Wells Fargo Housing Market Index falling to 34. High interest rates and policy uncertainties are cited as...
The US Producer Price Index unexpectedly dropped by 0.5% in April, contrary to analysts' forecasts. While the yearly figure rose by 2.4%, the services sector declined by 0.7%. Core...
US retail sales grew by 0.1% in April to $724.1 billion, slightly above expectations, with a 5.2% increase from April 2024. Motor vehicles and parts dealers saw a 9.4% rise, and fo...
Federal Reserve Chair Jerome Powell warns of higher long-term interest rates due to supply shocks, indicating a challenging period ahead for economic policy and inflation stability...
The US Department of Labor reports initial jobless claims remained steady at 229,000 for the week ending May 10, with the insured unemployment rate unchanged at 1.2%. The 4-week mo...
ECB Vice President Luis de Guindos acknowledges the Eurozone's current financial stability but warns of future risks from trade uncertainty, market vulnerabilities, and potential i...
South Korea's money supply unexpectedly decreases despite interest rate cuts, highlighting concerns over household debt, corporate loans, and overseas investments. Economists debat...
The Eurozone's GDP grew by 0.3% in Q1, with the EU matching this growth. Annual expansions were 1.2% for the Eurozone and 1.4% for the EU, with Ireland leading at 10.9%. Employment...
