Economy

Elon Musk’s Department of Government Efficiency (DOGE) representatives have reportedly requested to gain access to US Treasury payment systems, triggering a significant clash with senior Treasury official David Lebryk. According…

The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As a result, the interest rates on the deposit facility, major refinancing…

The number of Americans filing for unemployment benefits dropped more than expected last week, signaling a still-resilient labor market despite slowing job opportunities. Initial jobless claims fell by 16,000 to…

The housing market is facing a stark reality check, with sales of existing homes plummeting to a 29-year low. The National Association of REALTORS reports that 2024 witnessed the slowest…

Michigan-based company Dow Inc. announced Thursday that it would lay off 1,500 employees as part of a $1 billion cost-cutting initiative, citing sluggish demand and margin pressures. The announcement sent…

The FTSE 100 index has started the year well as it surged to a record high. It moved to a high of £8,645, up by over 75% from its lowest…

The European Commission has introduced a new set of proposed sanctions against Russia in response to its ongoing invasion of Ukraine, Reuters reported on Wednesday.  This 16th package of sanctions…

President Donald Trump’s approval rating has slipped as a wave of early executive actions—ranging from restricting birthright citizenship to renaming the Gulf of Mexico—has drawn criticism from the public, according…

Gold bulls could find themselves without much support once the current optimism in the market fizzles out, according to experts.  “No big moves are expected, as several traders sit on…