Economy News

House-building in the United States soared to a record level in almost 11 years last month as a rise in construction of single-family and...

In Britain debit card payments have climbed to the first position as the most widespread means of payment, while cash moved to the second place,...

The residential market of the United Kingdom has formed two contrasting areas – the north with its vigorous activity and the south marked by...

Britain’s growth projection for this year has been lowered by the British Chambers of Commerce, it also signaled that the country is going...

Industrial output of the U.S. inched lower last month as manufacturing production showed steep fall, today’s report by the Fed said.

The U.S. is almost finished with its new tariff list on $100 bln of Chinese products, while President Trump is about to sign the first portion of...

Retail sales in the United States gained more than predicted last month, when Americans purchased higher numbers of automobiles and other products...

The Bank of Japan held its ultra-loose monetary policy but downgraded its view on inflation, as widely expected.

The ECB announced that it will terminate the policy of massive stimulus till the year’s end, but it intends to leave interest rates without...

May’s spike in UK retail sales marked the second consecutive month of rises, dramatically surpassing forecasts thanks to the royal wedding...

Interest rates in the U.S. were raised yesterday, a step awaited by many but nevertheless becoming emblematic in the policies of the Federal...

The Braunschweig public prosecutor has fined сar giant Volkswagen with €1bn over emissions cheating scandal. The car maker agreed with the...

Producer prices in the U.S. rose exceeding forecasts last month, which becomes a record yearly growth in almost 6 years and a half, though producer...

Inflation in the UK rose firmly at 2.4% last month, though estimates by economists from the City had been 2.5%, considering the rise in the petrol...

Consumer prices in the United States grew modestly last month in view of eased increases in gasoline prices, which could encourage the Fed to go on...

The BoE is slightly relieved of the urge to lift interest rates as the fresh official data demonstrated that wage growth paced down regardless of...

Investor optimism in Germany slid this month to the worst reading since September 2012, as today’s survey reveals, dragged down by an...

UK’s top firms will have to report on the gap in earnings of their CEO and an average employee in accordance to the proposed laws from 2020.

The UK factory production surprisingly slumped in April at the fastest pace in 5 1/2 years 2012, due to weaker domestic and external demand,...

Apple’s shares declined 2% today during premarket trading in the United States, on the heels of the news that the tech company asked...

The UK economy is expected to fall behind other advanced countries in 2018 as the time of Brexit approaches, as says the estimates by the...

A weaker-than-expected Japan’s economic data, which suddenly seems to be stammering after two years of stable growth, raises the probability...

U.S. data shows that the number of jobless claims surprisingly dropped in the past week, suggesting ongoing labor market tightening.

Economic expansion of Italy is expected to slow in the next months, according to today’s data by ISTAT, the country’s office for...

The euro area economy expanded by 0.4 percent in the first three months of this year compared to the previous period, Eurostat reported on...

The trade deficit of the United States dipped to the least in seven months in April, with increase in exports to the highest level, buoyed by sales...

Britain's car sales increase by 3.4 percent in May, posting a second successive month of growth, though new registrations have slumped 7...

The UK economy seems to be past the bottom of deceleration that took place as of late caused by inclement weather, as the services sector...

Business activity in the euro zone continued to pace down last month, revealed a survey published today, and there are signs that this trend is...

UK’s 7.7% of Royal Bank of Scotland shares are sold for £2.5 bln or $3.33 bln today, with the government being aware of losing over...

The European Central Bank (ECB) last month cut the share of Italian assets, mainly government bonds, purchased as part of the quantitative easing...

The globe’s largest airlines will suffer fall in earnings as costs of fuel and labor grow, according to the dedicated trade agency. The...

The euro zone’s investor sentiment has plummeted to its record low from October 2016 on concerns of trade dispute with the U.S. and political...

UK business investment has shrunk to minimum in a year, pulled down by lack of clarity concerning the country’s exit from the EU, as a survey...

Job gains in the United States picked up steam in May, while the jobless rate fell to 3.8%, the lowest in 18 years, which is indicative of actively...

S&P Global Ratings lowered Deutsche Bank’s credit rating, undermining attempts of Christian Sewing, the new CEO, to reanimate the biggest...

China will cut import tariffs on 1,449 consumer products from most favored countries from July 1, the State Council said. As a result, the average...

Consumer expenditure in the U.S. grew exceeding forecasts last month, another evidence of growth picking up traction at the start of the second...

Britain’s prices on houses dipped this month as a struggling economy, squeeze on family budgets and potential hike in interest rate weighed...

Euro area inflation leaped well above predictions in May on higher energy costs, bringing alleviation to the European Central Bank after market...

May’s consumer confidence in Britain grew, though stayed in negative, as the latest data showed.

The UK’s financial agency has offered some actions to support people burdened with high-cost credit charges. Among the chief proposals is a...