Goods and services deficit in August was $67.1 billion, up $ 3.7 billion from July’s $63.4 billion, according to press release. Trade balance deficit an increase from analysts’ expectations of…
Sweeping reforms proposed by a house panel led by Democrats seek to block tech giants such as Apple inc. and Amazon.com inc. from selling their own products and owning marketplaces,…
Germany recorded a 4.5% rise in new orders for August, surpassing analysts’ expected 2.8% increase, according to press release. The rise in factory orders driven by demand abroad. Export orders…
Charles Evans, Chicago Federal Reserve Bank President, expects U.S. inflation to be 2 % by 2023 and supports allowing it to rise to 2.5%, a level the Fed sees excessive,…
After sustained growth, the Sentix economic index in the Eurozone dropped by 0.3 points to reach -8.3, according to press release. Economic index higher than analysts’ expected -9.3. Asia sustained…
Deutsche Boerse is pitching to include 40 firms from 30 representing the German blue-chip’s DAX now, according to Reuters. Proposed reforms call for tougher membership criteria in the wake of…
September’s nonfarm payroll employment increased by 661,000 compared, while unemployment rate fell by 0.5% to 7.9%, according to press release. Resumption of economic activity, previously halted by pandemic led to…
U.S. personal incomes declined by 543.5 billion (2.7%) in August, according to press release. Disposable incomes fell by $570.9 billion (3.2%) despite rise in personal expenditures by $141.1 billion. Fall…
Seasonally adjusted unemployment insurance initial claims show 837,000. A 36,000 decline from previous week’s revised level, according to the latest Department of Labour press release. The figure comes up 13,000…
Japan Exchange Group (JPX) trading was stopped on Thursday as Tokyo Stock Exchange (TSE) experienced technical glitches, according to press release. Hitch was the first since the Japanese exchange adopted…
Trump’s Administration stimulus package is estimated to be over $1.5 trillion, which also includes $20 billion extension aid to the pandemic hit airline industry, according to Reuters. Stimulus package proposal…
Final Eurozone manufacturing in September is 53.7, up from August's 51.7, the strongest for over two years, according to press release. Growth contributed by robust Germany's manufacturing activity due to…