US Job Market Shows Resilience: Jobless Claims Drop to 211,000
The US Department of Labor reports a significant decrease in jobless claims to 211,000, alongside a drop in the insured unemployment rate to 1.2%, signaling a strengthening job mar...
Economy News
Sharp Decline in US Mortgage Applications Signals Market Shift
The latest Mortgage Bankers Association's survey reveals a 12.6% drop in US mortgage applications, with rising interest rates and declining purchase and refinance indexes signaling...
Sharon Donnery Joins ECB Supervisory Board: A New Era for European Banking Safety
Sharon Donnery has been appointed to the ECB's Supervisory Board, bringing her extensive experience from the Central Bank of Ireland to enhance the safety of the European banking s...
December Marks a Sharp Decline in UK Manufacturing Activity, Reaching an 11-Month Low
The UK manufacturing sector hit an 11-month low in December, with a score of 47.0, indicating a significant slowdown. Output, new orders, and employment contracted at an accelerati...
December Sees Eurozone Manufacturing Hit a Three-Month Low: What's Next?
The Eurozone Manufacturing PMI dropped to 45.1 in December, marking a three-month low and signaling worsening conditions in the manufacturing sector, as reported by S&P Global ...
December Sees Further Decline in German Manufacturing Sector Activity
The German manufacturing sector's activity continued to decline in December, with the HCOB Germany Manufacturing PMI dropping to 42.5. Experts predict a challenging start to the ne...
December Sees a Surge in UK House Prices with a 4.7% Annual Growth
The UK housing market ended 2024 with a strong 4.7% annual growth in house prices in December, as per the Nationwide House Price Index. Despite affordability challenges, the market...
Record High: South Korean Government's Borrowing and Interest Payments Soar
The South Korean government's borrowing from the Bank of Korea hit a record high of 173 trillion won in 2024, with interest payments exceeding 200 billion won. This marks a signifi...
Popular News
