The Bank of Canada decides to hold its policy rate at 2.75%, amid global trade tensions and economic uncertainties, focusing on balancing growth and inflation.
US industrial production fell by 0.3% in March, with a notable drop in utilities due to warmer weather. However, manufacturing and mining saw slight increases, and business equipme...
The WTO revises its 2025 global merchandise trade forecast to a 0.2% contraction, with North America's exports expected to drop sharply. Risks of further decline remain if trade te...
Chinese Foreign Ministry spokesperson Lin Jian criticizes the US for imposing new tariffs up to 245% and launching a national security inquiry, asserting China's right to defend it...
US President Donald Trump is set to negotiate trade tariffs and defense costs with Japanese officials, aiming for agreements beneficial to both countries. Key US officials will joi...
Mortgage applications in the U.S. dropped by 8.5% as interest rates rose, with purchase and refinance indexes also declining. Economic uncertainty is causing hesitation among buyer...
UNCTAD warns the global economy is on a recessionary path, with growth possibly slowing to 2.3% in 2025 due to trade tensions and policy shocks. The US, UK, and EU face low growth,...
US retail sales grew by 1.4% in March, reaching $734.9 billion, exceeding expectations. Motor vehicle and parts dealers led the surge with an 8.8% increase, while nonstore retailer...
