Economy News

Economy

March Sees a Surprising Leap in US Private Payrolls: ADP Reports 155,000 New Jobs

The US private sector added 155,000 jobs in March, surpassing expectations. Large and small businesses contributed significantly, with the service sector leading the growth. Wage i...

Economy

February Sees a Surprising 0.6% Rise in US Factory Orders, Beating Expectations

US factory orders rose by 0.6% in February, surpassing expectations. Shipments and unfilled orders also saw increases, while inventories adjusted slightly, indicating a balanced de...

Economy

US Escalates Pressure with New Sanctions Targeting Russia's Military Campaign in Ukraine

The US Treasury Department has imposed new sanctions on individuals and entities linked to Russia's military actions in Ukraine, freezing their assets. This move comes amid discuss...

Economy

US Manufacturing Sector Shows Resilience with a 0.6% Surge in Factory Orders This February

The US manufacturing sector showed signs of growth with factory orders increasing by 0.6% in February, reaching $594.0 billion, according to the US Census Bureau. This rise reflect...

Economy

U.S. Escalates Pressure on Russia with Fresh Sanctions Targeting Military Campaign in Ukraine

The U.S. Treasury Department has announced new sanctions targeting individuals and entities linked to Russia's military campaign in Ukraine, including five individuals from Russia,...

Economy

ECB's Olli Rehn Warns: Rising Tariffs Pose Significant Threat to Eurozone Economic Growth

ECB's Olli Rehn warns of the risks posed by trade protectionism to the Eurozone's economy, especially with upcoming U.S. tariffs on European goods. Despite a weak growth outlook, t...

Economy

ECB's Lagarde Warns: Trump's New Tariffs Could Harm the Global Economy

ECB President Christine Lagarde warns that President Trump's new tariffs could negatively affect the global economy, highlighting increased uncertainty and its impact on US market ...

Economy

ECB's Isabel Schnabel Warns: Trade Fragmentation Poses Structural Risks to Global Economic Growth

ECB's Isabel Schnabel highlights the structural harm of trade fragmentation on economic growth and inflation, while advocating for the benefits of a single market and noting the ri...