Fed officials’ forecasts for monetary policy and Fed Chair Jerome Powell’s statements that did not rule out the possibility of a rate cut in the near term indicat...
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Oil rose from a five-month low on positive demand signals, including a decline in U.S. inventories and signs the Federal Reserve is preparing to cut interest rate...
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The US Federal Reserve (Fed) kept the policy rate unchanged at its highest level in 22 years, as expected, at its last meeting of the year. Thus, the bank kept th...
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The US Producer Price Index (PPI) remained unchanged on a monthly basis in November, but increased by 0.9 percent annually, below expectations. The US Department ...
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In 2003, a minimum wage earner who could earn 25.4 Republic gold coins with his annual income can now earn 9.5 Republic gold coins this year. In 2005, when the mi...
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Tesla has recalled more than 2 million vehicles to fix an Autopilot issue. Tesla Inc. has issued a recall for more than 2 million vehicles to fix an Autopilot iss...
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All attention in global markets is on the Fed's interest rate decision. According to Bloomberg Economics, the Fed's failure to raise interest rates in its third c...
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Oil steadied after losing nearly 4 percent on signs of oversupply. Oil prices were flat in Asia after losing nearly 4 percent on Tuesday as rising flows from Russ...
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The US federal government’s budget deficit increased by 26 percent in November compared to the same month last year, reaching $314 billion. The deficit reached it...
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US Treasury Secretary Janet Yellen said that inflation in the country has fallen ‘meaningfully’ and that she sees no reason why the US Federal Reserve (Fed) shoul...
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Investing.com - Consumer price index data was released in the US. US CPI data increased by 0.1% in November compared to the previous month. The annual increase wa...
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Global markets are focused on inflation data to be released in the US. According to Bloomberg Economics, the flat monthly consumer inflation in the US and the dec...
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Oil prices are trading sideways at just above five-month lows as concerns about oversupply come to the fore after OPEC+ pledges to extend and deepen output cuts f...
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Japanese stocks led Asian markets higher ahead of the Federal Reserve’s final meeting of 2023. Asia-Pacific stocks rose on Tuesday, with Japanese stocks leading g...
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American consumers’ short-term inflation expectations fell to 3.4 percent in November, the lowest level since April 2021. The U.S. Federal Reserve (Fed) New York ...
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Meetings for the 2024 minimum wage will begin on December 11. Over the last 50 years, the ratio of the minimum wage to the national income per capita has fluctuat...
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Consumer confidence in the US increased above expectations due to the decline in inflation expectations. The University of Michigan announced the Consumer Confide...
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International credit rating agency Fitch Ratings reported that the global economy is expected to grow by 2.1 percent next year. The agency's report predicted that...
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World Economic Forum (WEF) Director General Mirek Dusek stated that the global economy has “seriously” entered a new economic area, and noted that connections hav...
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The UK Competition and Markets Authority (CMA) has announced that an assessment process has been launched to examine whether Microsoft’s partnership with OpenAI i...
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Although US nonfarm payrolls are set to increase after the agreement on the automotive strike, a comprehensive slowdown in employment is expected in the details o...
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