Economy News

Economy

March Sees Unexpected Drop in US Consumer Confidence Amid Economic Uncertainties

US consumer confidence unexpectedly dropped in March, with the Consumer Confidence Index falling to 57 from February's 64.7. The decline reflects widespread concerns across all dem...

Economy

March Sees Unexpected Dip in US Consumer Confidence, What's Behind the Numbers?

US consumer confidence saw a slight decline in March, with the index dropping to 59 from February's 57.9. The Conference Board's report indicates the decrease was less than expecte...

Economy

January Sees a Surprising 0.4% Growth in Canada's GDP, Led by Goods-Producing Industries

Canada's GDP grew by 0.4% in January, outperforming expectations, with goods-producing industries contributing significantly. The manufacturing and utilities sectors also showed no...

Economy

February Sees a 0.4% Rise in US Personal Spending Amid Economic Growth

The US saw a 0.4% increase in personal spending in February, with the PCE price index rising by 0.3% monthly and 2.5% annually. Personal income also grew, supporting economic expan...

Economy

January Sees a Surprising 0.4% Growth in Canada's GDP, Led by Goods-Producing Industries

Canada's GDP grew by 0.4% in January, exceeding expectations, primarily driven by a 1.1% increase in goods-producing industries. The manufacturing sector and utilities also showed ...

Economy

Italy's Producer Prices Surge by 6.2% in February 2025, Signaling Economic Shifts

Italy's Producer Price Index (PPI) surged by 6.2% in February 2025 year-on-year, with a 0.7% monthly increase, as reported by Istat, highlighting significant economic trends.

Economy

March Sees a Sharp Decline in Eurozone Consumer Confidence Amid Economic Uncertainty

In March, consumer confidence in the Eurozone and EU saw a notable decline, with economic sentiment and employment expectations also falling below their long-term averages, signali...

Economy

Trump Imposes 25% Tariffs on Foreign Vehicles: Global Markets React and Allies Threaten Countermeasures

President Trump announces 25% tariffs on foreign-built vehicles and key auto parts, sparking global market reactions and threats of countermeasures from US trading partners. The mo...