Japan spent $73 billion in yen-buying intervention, ministry data shows
By Kevin Buckland TOKYO, May 29 (Reuters) – Japanese authorities spent 11.7 trillion yen ($73.5 billion) intervening in…
Inflation challenges US Treasuries’ traditional role in portfolios
By Karen Brettell May 28 (Reuters) – A selloff in government bonds is testing one of the most…
Squeezed Americans Ditch Euro Vacations to Save – The Daily Beast
Squeezed Americans Ditch Euro Vacations to Save The Daily BeastTravelers stay closer to home as costs rise AxiosGas prices could…
Why America’s rich keep getting richer
Summary The wealth gap in America has widened dramatically over the past three decades, with the top 10%…
‘It feels unfair’: the Britons struggling to get a mortgage since Iran war began | Mortgage rates
Prospects of cuts in UK interest rates in 2026, which were widely expected at the start of the…
US first-quarter GDP growth revised lower to 1.6% pace
WASHINGTON, May 28 (Reuters) – U.S. economic growth was not a strong as initially thought in the first…
Iran War: How Hormuz Closure Threatens Global Commodity Supply Chains
The closure of the Strait of Hormuz has laid bare the world’s economic dependence on the narrow waterway…
India ‘Commits’ To Buying $500 Billion Worth Of US Goods. What Experts Said
Washington: Before leaving India earlier this week, US Secretary of State Marco Rubio commented that New Delhi has…
Iceland Surpasses Switzerland as World’s Most Expensive Country, Union Finds
Iceland is again the world’s most expensive country, surpassing Switzerland for the first time in years, calculations by…
Chief Economists’ Outlook: May 2026
The May 2026 Chief Economists’ Outlook opens on a more pessimistic note than the January edition. Drawing on…
US weekly jobless claims increase marginally amid low layoffs
WASHINGTON, May 28 (Reuters) – The number of Americans filing claims for unemployment benefits increased marginally last week…
US April durable goods orders +7.9% vs +3.5% expected
Prior was +0.8% (revised to +1.3%)Durable goods orders ex-transport +1.1% vs +0.5% expectedPrior ex-transport +0.9% (revised to +1.1%)Durable…