Category: Economy News

While the most recent employment figures may indicate a slowdown in the residential construction sector, experts believe that this is likely a temporary blip in an otherwise robust industry.   According to data released by

The US economy has been showing remarkable strength, but the labor market is expected to face further slowing in July. As economists anticipate the upcoming jobs report, opinions are divided on whether the Federal Reserve

The US labor market continues to exhibit robustness, surpassing expectations and suggesting potential protection against an economic downturn. According to the ADP National Employment report released on Wednesday, private payrolls increased by an impressive 324,000

President Biden and his economic team find themselves in the midst of a gratifying streak of positive economic data, signalling a potential upswing in the national sentiment. Despite the President’s current subpar ratings on economic

Both high energy prices and a high number of bureaucratic hurdles in Europe are heavily impacting the automotive industry. Hence, the United States is investing heavily in promoting electromobility, offering high subsidies for its expansion.

Official data revealed on Wednesday that the UK consumer price inflation had risen unexpectedly to 10.4%, mainly due to an increase in the prices of drinks in pubs and restaurants. This news came a day

American stock indexes recorded significant growth as fears about the banking system subsided, and data on inflation in the USA aligned with expectations. The Dow Jones rose by 1.06 per cent, 32,155 points, while the

Eurostat said on Tuesday that Eurozone GDP grew by 0.1 percent in the last quarter. In comparison, economists predicted that the economy would shrink by 0.1 percent. The economy in Germany and Italy weakened. However,