Economy

The US economy expanded at a slower-than-expected pace in the second quarter while inflation remained well above the Federal Reserve’s target, underscoring the difficult balancing act facing policymakers after they…

The US Federal Reserve heads into its July policy meeting facing a difficult interest rate decision. Renewed geopolitical tensions, strong AI-driven investment and new tariffs are adding to uncertainty. These…

President Donald Trump paused his attacks against Iran after 13 consecutive days of intense strikes as top advisors warned about the fading stockpiles of key defense munitions and the impact…

“Many participants noted that ongoing strong demand for AI infrastructure would likely sustain upward pressure on prices for technology products and electricity.”That line from the Federal Reserve’s June meeting minutes…

British retail sales rebounded unexpectedly in June, with shoppers increasing their spending on air conditioning and clothing.The rise added to signs of stronger economic activity during warmer weather and the…

The United States on Friday imposed fresh tariffs ranging from 10% to 12.5% on imports from 60 trading partners, including the European Union, China, India, Japan and South Korea, marking…

European markets retreated today, July 23, as traders waited for the European Central Bank (ECB) decision and reacted to some important corporate earnings from the region.In Germany, the DAX Index…

The European Central Bank kept borrowing costs unchanged on Thursday as policymakers assessed the potential impact of rising energy prices linked to a widening conflict in the Middle East.The ECB…

Newly appointed UK Prime Minister Andy Burnham has begun rolling out the first wave of his economic agenda, announcing a series of measures aimed at easing cost-of-living pressures for households…