Economy News

Economy

German Business Climate Shows Resilience: Slight Uptick in April Amid Economic Turbulence

In April, Germany's business climate improved slightly, with the Business Climate Index rising to 86.9, exceeding expectations. While current assessments grew more positive, future...

Economy

Norway's Sovereign Wealth Fund Faces $40 Billion Q1 Loss Amid Tech Sector Turmoil

Norway's sovereign wealth fund, the world's largest, reported a $40 billion loss in Q1 2025, attributed to market fluctuations and a downturn in the tech sector. The fund's equity ...

Economy

Bundesbank Warns of Potential Economic Setback in Germany's Q2 Amid Weak Demand and Labor Market Concerns

The Bundesbank warns of a potential economic setback in Germany's Q2 due to weak demand and a softening labor market, despite a slight GDP rise in Q1. Industrial recovery may be te...

Economy

Rising Jobless Claims in the US: A 6,000 Increase to 222,000 Signals Economic Shifts

Initial jobless claims in the U.S. rose by 6,000 to 222,000 for the week ending April 19, with the 4-week moving average slightly decreasing. The insured unemployment rate remained...

Economy

Germany Braces for Economic Stagnation in 2025 Amid Global Trade Tensions

The German economy is projected to stagnate in 2025, with a slight recovery expected in 2026. Inflation is forecasted to decline, but concerns over US trade policies pose risks to ...

Economy

March Sees a Stunning 9.2% Surge in US Durable Goods Orders, Led by Transportation

US durable goods orders experienced a significant 9.2% increase in March, with transportation equipment orders soaring by 27%. Excluding transportation, orders remained stable, hig...

Economy

ECB's Nagel Predicts Stronger Inflation Impact in US Than Europe Due to Tariffs

Joachim Nagel of the ECB suggests that tariffs will have a more substantial inflation effect in the US than in Europe, with notable implications for economic growth, especially in ...

Economy

Cleveland Fed President Hammack Signals Potential June Rate Move Amid Economic Uncertainty

Cleveland Fed President Beth Hammack discusses the potential for a June rate move, emphasizing the need for clear economic signals. She highlights the impact of trade tariffs on bu...