The worldwide tally of mergers, acquisitions, divestitures, financings and joint ventures so far in 2025 was…
Category: Economy
U.S. New Home Sales Slump as High Mortgage Rates Persist
Sales of new homes fell 13.7% to 623,000 in May amid continued concerns over high mortgage…
Stablecoins Fall Short as Cornerstone of Monetary System, Central Banks Say
Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s…
Thai Central Bank Holds Rate Amid Political Turmoil, Global Uncertainty
Thailand’s central bank held rates steady, pausing amid renewed political tensions at home and uncertainty abroad.
Stock Market Today: Oil Slides, S&P 500 Gains After Trump Brokers Truce
Global stocks rally, despite Israel and Iran accusing each other of breaching the cease-fire
May’s inflation hinted at possible signs that higher tariffs are working their way into higher prices for some items in Canada
Inflation in Canada steadied in May as drivers paid less at the pump and hefty rent…
Fed Chair Powell told lawmakers told that recent economic data would have likely justified continuing to lower interest rates if not for the uncertainty posed by higher tariffs
The Fed chair told lawmakers that the central bank remains focused on ensuring one-time price hikes…
Homeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their properties are worth
Some who bought around the market peak in pandemic boomtowns owe more on their mortgages than…
ECB’s Challenge Is to Ensure Short-Term Price Shifts Don’t Become Long-Lasting, Says Lane
Policymakers have to make sure the medium-term inflation target is protected in a volatile environment, the…
Survey Shows U.S. Consumer Confidence Worsened in June
U.S. consumer confidence slipped in June, reversing an improvement in May, according to the Conference Board.