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Economy

1442 posts
EEconomy
Scott Bessant US Treasury Secretary mocks Indian Rupee
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Amid tariffs, US Treasury Secretary mocks Indian rupee, says can’t rival dollar

  • August 29, 2025
US Treasury Secretary Scott Bessent has mocked the Indian rupee, saying that it cannot beat the dollar. The…
EEconomy
US initial jobless claims 226K vs 221K expected
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Next week’s ADP report might be the most important of the year

  • August 29, 2025
The ADP data has diverged with the NFP many times in the past. We’ve seen countless times the…
EEconomy
German unemployment at highest level in more than 10 years | snaps
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German unemployment at highest level in more than 10 years | snaps

  • August 29, 2025
Looking ahead, the tentative signs of a bottoming out of the labour market have given way to a…
EEconomy
Beach tourism in Italy: A traditional sector in crisis or a case of changing tastes?
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Beach tourism in Italy: A traditional sector in crisis or a case of changing tastes?

  • August 29, 2025
Published on 29/08/2025 – 19:10 GMT+2 ADVERTISEMENT Industry groups estimate that overall visitor numbers are down by as…
EEconomy
Canada’s economy shrank more than expected in the second quarter, showing the trade war's spring impact
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Canada’s economy shrank more than expected in Q2, showing the trade war’s spring impact

  • August 29, 2025
A railway grain terminal in Alberta. (Photo by: LJM Photo/Design Pics Editorial/Universal Images Group via Getty Images) ·…
EEconomy
Overseas holidays and pints at the pub: five things Australians are splurging on as household budgets bounce back | Business
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Overseas holidays and pints at the pub: five things Australians are splurging on as household budgets bounce back | Business

  • August 29, 2025
Australians are starting to spend a little more as household budgets recover and interest rates and inflation ease,…
EEconomy
US consumer spending strong in July; services inflation warms up
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US consumer spending strong in July; services inflation warms up

  • August 29, 2025
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased by the most in four months in July while…
EEconomy
U.S. reports solid July consumer spending, core inflation firmer
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U.S. reports solid July consumer spending, core inflation firmer

  • August 29, 2025
Open this photo in gallery: U.S. consumer spending rose 0.5 per cent last month, the Commerce Department said.Mark…
EEconomy
Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data
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Dow, S&P 500, Nasdaq slide as Nvidia leads tech losses after PCE inflation, consumer data

  • August 29, 2025
US stocks fell from record highs on Friday as Wall Street digested an update on consumer inflation that…
EEconomy
The odds of a Bank of Canada rate cut just rose based on this jobs measure, CIBC says
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The odds of a Bank of Canada rate cut just rose based on this jobs measure, CIBC says

  • August 29, 2025
Bank of Canada governor Tiff Macklem during a news conference in Ottawa on June 4. (Credit: Adrian Wyld/THE…
EEconomy
Businesses likely to pass costs on, StatCan says
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Nearly 40% of businesses likely to pass on tariff costs to customers: StatCan – CTV News

  • August 29, 2025
Nearly 40% of businesses likely to pass on tariff costs to customers: StatCan  CTV NewsCanadian Firms Are Absorbing Tariff…
EEconomy
Key US inflation gauge holds mostly steady though core inflation ticks higher
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Key US inflation gauge holds mostly steady though core inflation ticks higher

  • August 29, 2025
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s…
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