Moody's has downgraded the US credit rating to Aa1, citing rising government debt and interest payments. The agency warns of future economic strains but notes the US's stable outlo...
The Federal Reserve is reducing its workforce by 10% to modernize operations, offering voluntary resignations to eligible employees. This move aims to streamline functions and cut ...
Russia's inflation rate slightly decreased to 10.2% in April from 10.3% in March, with food prices leading the increase at 12.7%, alongside rises in non-food products and services....
Russia's economy grew by 1.4% in Q1 2025, driven by strong performances in food services, construction, and manufacturing, despite declines in energy supply and mining sectors.
The US oil rig count slightly decreased to 473, with a significant annual drop, while Canada's rig count increased. The total US rig count fell to 576, showing both weekly and annu...
The University of Michigan's report shows a 2.7% drop in the Consumer Sentiment Index for May, with significant declines in economic conditions and consumer expectations, alongside...
April witnessed a 1.6% rise in US housing starts to 1,361,000, despite a yearly decline of 1.7%. Single-family starts dropped 5.1%, while building permits and completions also saw ...
The won-dollar exchange rate fell to a six-month low amid global dollar weakness and U.S. tariff negotiations, with experts predicting continued trends.
