economic shifts News

OPEC Adjusts 2025 Global Oil Demand Forecast to 1.3M bpd Amid Economic Shifts

OPEC revises its 2025 global oil demand growth forecast down to 1.3M bpd, citing Q1 data and US tariffs. OECD and non-OECD countries show varied demand growth adjustments, with a s...

March Sees a Surprising 0.4% Drop in US Producer Prices, Signaling Economic Shifts

The US producer price index fell by 0.4% in March, with a significant portion of the decrease attributed to a drop in goods prices. Despite the monthly dip, annual figures show a 2...

US Trade Deficit Shrinks to $122.7B in February, Signaling Economic Shifts

The US trade deficit decreased by 6.1% in February to $122.7 billion, with exports rising and imports slightly declining. Annually, the deficit grew by 86%, highlighting significan...

Putin Grants Goldman Sachs Permission to Offload Russian Stocks Amidst Economic Shifts

Russian President Vladimir Putin has allowed Goldman Sachs to sell some of its Russian equities to Balchug Capital, involving major companies like Gazprom and Rosneft, signaling a ...

Spain's Producer Prices Surge by 6.6% in February, Signaling Economic Shifts

Spain's producer prices surged by 6.6% in February, a significant increase from January's 2.6%, indicating potential economic shifts and inflationary pressures.

Germany's Trade Surplus Dips to €16 Billion in January, Signaling Economic Shifts

Germany's trade surplus decreased to €16 billion in January, with exports and imports showing mixed trends. Trade within the EU declined, while trade with non-EU countries saw a ri...

The Changing Landscape of Job-Hopping: Why Workers Are Facing Pay Stagnation

The IT sector and other industries are seeing a shift where job-hopping no longer guarantees higher salaries. With market saturation and economic shifts, workers are facing pay sta...

January Sees a 1% Drop in French Producer Prices, Signaling Economic Shifts

French industry production prices decreased by 1% in January compared to the previous year, with a notable 2.1% drop in the home market. However, monthly data shows a slight recove...

US Wholesale Inventories Witness a 0.5% Decline in December, Signaling Economic Shifts

In December 2024, US wholesale inventories fell by 0.5%, aligning with expectations, while sales increased by 1%. The inventory-to-sales ratio also adjusted, indicating a shift tow...

December Sees a 0.5% Drop in US Wholesale Inventories, Signaling Economic Shifts

US wholesale inventories fell by 0.5% in December 2024, totaling $898.5 billion, closely matching expectations. Despite this, merchant wholesalers' sales grew by 1% from November a...

December Sees a 0.5% Drop in US Wholesale Inventories, Signaling Economic Shifts

In December 2024, US wholesale inventories fell by 0.5% to $898.5 billion, aligning with expectations. Meanwhile, sales of merchant wholesalers rose by 1% from November, showcasing...

Breaking Down the Earnings: Alphabet, Disney, Amazon, and Major Players Face Trump's Economic Shifts and China's AI Race

This week's earnings reports spotlight major players across tech, automotive, finance, and pharmaceuticals, including Alphabet, Disney, and European banks, as they navigate economi...

UK Factory Prices Edge Up: A Slight Rise in December Signals Economic Shifts

The UK's factory gate prices saw a slight increase of 0.1% in December, marking a shift from the previous month's decline. The coke and refined petroleum products sector was the la...