Economy - Page 15

The latest news and insights on economic trends and global markets.

December 3, 2025

Australia’s GDP delivers fastest growth in nearly two years

Strong domestic demand lifts expansion despite slight forecast miss Australia’s economy grew 2.1 percent year over year in the third quarter, data from the Australian Bureau of Statistics showed Wednesday. Although slightly

November 28, 2025

Canada records stronger than expected Q3 growth

GDP rebounds despite pressure from U.S. tariffs Canada’s economy expanded at a faster pace than anticipated in the third quarter, driven by higher crude oil exports and increased government spending. Gross domestic

November 28, 2025

Eurozone shows steady growth and controlled inflation

Data supports stable monetary policy outlook Fresh economic figures from across the euro zone indicate that both growth and inflation remain on a stable trajectory. Analysts say this reinforces expectations that the

Oil Prices Plunge as Trade War Fears Drive Market Losses

by Jamie Spencer

Oil Prices Drop Amid Escalating Trade War Tensions Oil prices plunged nearly 8% on Friday, heading toward their lowest close since the middle of the pandemic in 2021, as China intensified tariffs

April 4, 2025

Canada’s Employment Decline Reflects Tariff Uncertainty

by Jamie Spencer

Canada’s Job Market Takes a Hit in March Canada’s labor market showed signs of significant stress in March, as total employment fell and the unemployment rate ticked upwards. The country lost a

April 4, 2025

Vietnam Pledges Economic Growth Despite U.S. Tariffs

by Jamie Spencer

Vietnam’s Commitment to Growth Amid U.S. Tariff Challenges Despite facing a daunting 46% tariff on its exports imposed by the U.S., Vietnam’s Prime Minister, Pham Minh Chinh, has vowed to maintain the

April 3, 2025

canada-swings-to-trade-deficit-as-exports-and-imports-stay-high

Canada Swings to Trade Deficit as Exports, Imports Stay High

by Jamie Spencer

Trade deficit in February reflects inventory buildup amid tariff fears Canada unexpectedly posted a trade deficit of C$1.52 billion ($1.08 billion) in February, reversing the previous month’s surplus of C$3.13 billion, according

April 3, 2025

Fed Officials Caution on Rates Amid Inflation Risks

by Jamie Spencer

Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy

April 1, 2025

Eurozone Inflation Eases, ECB Rate Cut Likely

by Jamie Spencer

March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the

April 1, 2025

Gold Breaks $3,100 as Tariff Fears Mount

by Jamie Spencer

Record high driven by Trump policies and geopolitical turmoil Gold prices surged to an all-time high on Monday, topping $3,100 per ounce for the first time amid fears over U.S. President Donald

March 31, 2025

Goldman Sachs Warns of Higher Recession Risk

by Jamie Spencer

Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift

March 31, 2025

Trump Auto Tariffs May Add $10K to Car Prices

by Jamie Spencer

New 25% levy targets imported vehicles and parts President Donald Trump on Wednesday announced a 25% tariff on imported cars and key auto parts, effective April 3. The new measure adds to

March 28, 2025

Irish Consumer Confidence Dives on Trade War Fears

by Jamie Spencer

Sentiment hits lowest level in nine months amid tariff threats Consumer sentiment in Ireland dropped sharply in March, hitting a nine-month low as concerns mounted over the possible fallout from a U.S.-Europe

March 28, 2025

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