Economy News

Economy

Surge in Rates Leads to an 8.5% Drop in US Mortgage Applications, Experts Warn of Economic Uncertainty

US mortgage applications fell by 8.5% as interest rates rose, with the 30-year fixed-rate reaching 6.81%. Experts cite economic uncertainty as a key factor dampening buyer enthusia...

Economy

Italy's Inflation Climbs to 1.9% in March: A Slight Rise from February's 1.6%

Italy's inflation rate rose to 1.9% in March from 1.6% in February, slightly below preliminary estimates. Monthly CPI increased by 0.3%, with core prices up 1.7% year over year. HI...

Economy

China Strongly Condemns US Over New Tariffs and National Security Probe

Chinese Foreign Ministry spokesperson Lin Jian criticized the US for new tariffs up to 245% and a national security probe on imports, asserting China's right to defend its interest...

Economy

Trump to Engage in Critical Tariff and Defense Talks with Japan Today

US President Donald Trump is set to discuss trade tariffs and defense costs with Japanese officials, aiming for agreements beneficial to both nations. The talks include key US offi...

Economy

President Trump Engages in Crucial Tariff and Defense Talks with Japan Today

US President Donald Trump is set to discuss trade tariffs and defense expenses with Japanese officials, aiming for a deal beneficial to both nations. The talks include key US offic...

Economy

Italy's Inflation Rises to 1.9% in March, Signaling Economic Shifts Ahead

Italy's inflation rate increased to 1.9% in March from 1.6% in February, with core prices rising 1.7% year-over-year. The HICP also grew, indicating ongoing economic adjustments.

Economy

China Criticizes White House Over New Tariffs and National Security Probe

China criticizes the White House for new tariffs up to 245% and a national security probe into imports, accusing the US of starting the tariff war and vowing to protect its interes...

Economy

Startling Drop: US Mortgage Applications Plummet by 8.5% Amid Economic Shifts

US mortgage applications have experienced a sharp 8.5% decline, sparking discussions on economic health and housing market stability. Experts cite rising interest rates and uncerta...