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Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.
(Bloomberg) — The so-called spec house, a spin on the American dream house with standardized shade schemes and bathroom fixtures, is falling out of favor with some US builders. Whereas meaning offers for consumers, the development additionally may wind up…
Final week, international inventory markets got here beneath stress as main central banks expressed issues over progress and inflation, pushed by Trump’s tariffs. Buyers will now flip their consideration to manufacturing and providers Buying Managers’ Indexes (PMIs) for insights into…
(Reuters) – Eurozone enterprise exercise grew at its quickest tempo in seven months in March, supported by an easing within the long-running manufacturing downturn regardless of slower development in companies, a survey confirmed. The bettering enterprise local weather within the…
By Yuka Obayashi TOKYO (Reuters) – Oil costs held regular on Monday as buyers assessed the outlook for ceasefire talks geared toward ending the Russia-Ukraine battle, which might result in a rise in Russian oil to world markets. Brent crude…
(Bloomberg) — Oil was regular in the beginning of the week as merchants weighed the fallout from extra US tariffs and an upcoming increase in OPEC+ provide. Brent traded above $72 a barrel after rising 2.2% final week, whereas West…
(Bloomberg) — Bond buyers are driving a wedge into the Treasury market in anticipation of slower financial development and quicker inflation, spurring demand for shorter-term Treasuries at ever-lower yields whereas longer-term yields drift greater. The following check comes with Friday…
Pavlovska Yevheniia / Shutterstock.com It’s no secret that eating out, ordering takeout or having meals delivered prices greater than getting ready meals at residence. However how a lot has the value of quick meals risen up to now decade? Think…
Former President Joe Biden and President Donald Trump meet on the White Home shortly after the November 2024 common election.Alex Wong/Getty Photos Trump’s financial insurance policies have sparked recession fears and a drop within the inventory market. The S&P 500’s…
The Federal Reserve continued to sign it’s going to minimize rates of interest two extra occasions this yr, with Fed Chair Jerome Powell adopting a perceived dovish stance, a nice shock for buyers who got here into Wednesday’s coverage choice…
CAIRO (Reuters) – Iraq plans to boost oil manufacturing capability to greater than 6 million barrels per day (bpd) by 2029, the state information company reported Iraq’s oil ministry as saying on Sunday. Oil ministry undersecretary Bassem Mohamed Khodeir instructed…