New claims for U.S. unemployment benefits surprisingly decreased last week, indicating sustained labor market...
US 1Q23 GDP Revised Up to 2% from 1.3% in First Report
The U.S. economy recorded a much stronger-than-reported growth in the first quarter of this...
Oil Prices Dip on Rate Hike Concerns, Reducing Fuel Demand
Oil prices dropped slightly in early Asian trading on Thursday, as investors took profits...
Australia’s Inflation Cools to 13-Month Low in a Signal for Rate Pause in July
Australia’s consumer prices slowed to a 13-month low in May with the help of...
US Consumer Confidence in June Hit Highest Level in More Than a Year
US consumer confidence reached its highest level since early 2022 in June as optimistic...
IMF Top Officer Says Major Central Banks Should Keep Rates High for Longer to Combat Inflation
The International Monetary Fund top officer said on Tuesday that major central banks should...