Category: Economy News

The median housing costs for renters and homeowners in the U.S. increased last year, with over 21 million renter households spending more than 30% of their income on housing expenses.

Turkey’s bid to join the BRICS alliance is viewed as a strategic and symbolic move as the country continues to enhance its global influence. The nation of 85 million people

The dollar was trading near a four-week high against the euro on Thursday, supported by signs of resilient U.S. Inflation that reinforced expectations of a smaller interest rate cut by

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. (JPM), expressed concerns about the possibility of stagflation, despite recent signs of Inflation easing. Speaking at a conference in Brooklyn,

The Colombian Senate’s economics committee rejected the government’s proposed 2025 budget on Wednesday due to concerns about the country’s ability to raise the proposed amount in light of lower-than-expected tax

The Federal Reserve will receive its final Inflation data this week before deciding on a potential interest rate cut. The Labor Department will release the consumer price index and producer

U.S. bank Stocks saw a decline in early trading today due to concerns about a slower-than-expected recovery in investment banking and the impact of impending rate cuts on interest income.

The economy of the U.K. remained stagnant in July, with GDP falling below expectations at 0.2% growth. This marks the second consecutive month of no GDP growth, following a 0.5%

U.S. central bankers are poised to begin long-awaited interest rate cuts next week, most likely starting with a quarter-of-a-percentage-point reduction. This move aims to lower the possibility of a recession,

Investors were in a flurry to adjust their positions on Wednesday after a closely-watched debate between Republican Donald Trump and Democratic Vice President Kamala Harris. Following the event, betting markets