February Jobs Report Shows Modest Gains
The February jobs report released on Friday showed slightly higher job gains and a rise in the unemployment rate to 4.1%, adding to investor concerns about the U.S. labor market and broader
U.S. Economy Shrinks 0.5% in Q1 Amid Tariff Surge
Imports spike, consumer spending slows, and GDP contracts for the first time in three years The U.S. economy unexpectedly contracted at an annual rate of 0.5% in the first quarter of 2025,
Wall Street Slips as Iran Tensions and Trade Risks Grow
Stocks fall after Trump escalates rhetoric on Iran U.S. stock markets declined on Tuesday amid growing geopolitical tensions and policy uncertainty. President Donald Trump’s latest remarks on Iran rattled investors, with the
Americans Grow Anxious as Inflation and Job Fears Persist
Americans became more pessimistic about the economic outlook in February, even as their expectations for inflation remained largely unchanged, according to a report from the Federal Reserve Bank of New York released
Eurozone Inflation Surges to 2.5% in January
Eurozone inflation surged to 2.5% in January, marking its highest rate since July and remaining above the European Central Bank’s (ECB) medium-term target of 2% for the third consecutive month. Eurostat’s final
Berkshire Hathaway Earnings Surge Amid Record Cash Pile
Berkshire Hathaway shares surged nearly 4% on Monday after Warren Buffett’s conglomerate reported a 71% increase in operating earnings for the fourth quarter. The company’s operating profit, which includes earnings from wholly
U.S. Consumer Sentiment Falls Amid Inflation Concerns
American consumers reported a dimmer outlook on the economy in February as inflation expectations rose sharply for the second consecutive month, driven by uncertainty surrounding President Donald Trump’s trade policy. Consumer Sentiment
U.S. Job Openings Drop to 7.6M, Lowest Since September
Job openings in the U.S. fell sharply in December while hiring, voluntary quits, and layoffs remained steady, according to the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) released Tuesday. Key
France’s Economy Contracts as Political Uncertainty Persists
France’s economy shrank 0.1% in the fourth quarter, according to preliminary data from INSEE on Thursday. The contraction follows 0.4% growth in the third quarter of 2024 and underscores the challenges facing
U.S. Jobless Claims Rise Slightly, Fed Rate Cuts Unlikely
What Happened The number of Americans filing new unemployment claims increased slightly last week, indicating continued strength in the labor market and reducing the likelihood of a Federal Reserve interest rate cut
U.S. Jobless Claims Rise Slightly as Trade Deficit Narrows
The number of Americans filing new unemployment claims rose slightly last week, signaling easing labor market conditions. Meanwhile, the U.S. trade deficit narrowed sharply in October as imports saw their largest drop
Eurozone Wages Surge to Highest Growth Since 1990s, Complicating ECB’s Rate Strategy
Wages in the Eurozone surged 5.4% year-on-year in the three months to September, marking the fastest growth since 1993, according to data from the European Central Bank (ECB). This significant rise in
Canada’s October Inflation Rises to 2% Amid Base-Year Effects, Economists Debate BoC’s Next Move
Canada’s inflation rate rose to 2% in October, up from 1.6% in September, driven by base-year effects on gasoline prices, Statistics Canada reported on Tuesday. This increase has stirred mixed reactions among