Economic

Bank of Canada Holds Rates Amidst Economic Slowdown

Economic
Ottawa, Canada – July 30, 2025  The Bank of Canada today announced it would maintain its target for the overnight rate at 2.75%, opting for...

IMF Upgrades Global Growth Forecasts Amidst Shifting Trade Landscape

Economic
London, UK – July 30, 2025 – The International Monetary Fund (IMF) today released its July 2025 World Economic Outlook Update, offering a cautiously...

US Stocks Reach New Heights as Investors Eye Critical Week Ahead

Economic
New York, USA – July 29, 2025 –  Major US stock indexes concluded Monday's trading session with the S&P 500 and Nasdaq Composite both reaching...

Tech Giants Lead Market Gains 

Economic
New York, USA – July 29, 2025 –  Mega-cap technology stocks were largely on the ascendant today, driving the Nasdaq Composite to another record close,...

Oil Stocks Climb as Crude Prices Rise on EU Energy Investment Optimism

Economic
New York, USA – July 29, 2025 –  Shares in major oil and gas companies advanced today as crude oil prices rose, driven by a...

US Existing Home Sales Slump to Nine-Month Low in June

Economic
Washington D.C. – July 28, 2025 –  The U.S. housing market experienced a notable slowdown in June, with existing home sales falling by 2.7% to...

US and Japan Ink Triggering Market Surge and Massive Investment Pledge

Economic
Washington D.C. / Tokyo – July 28, 2025 –  The United States and Japan today formally finalised a comprehensive trade agreement, effectively easing escalating economic...

AI Boom Fuels Record Electricity Costs on Largest U.S. Grid

Economic
Washington D.C. – July 28, 2025 –  The price for electricity on the largest U.S. power grid has hit a new record high, with the...

US Stock Market Rises on a Recovery Hopes

Economic
New York, USA – July 28, 2025 –  Today's trading session saw a mixed bag for individual stocks, with a major athletic wear giant experiencing...

China’s Fiscal Spending Up 3.4% in First Half of 2025

Economic
China – July 27, 2025  China's fiscal expenditure grew 3.4% year-on-year in the first half of 2025, reaching nearly 14.13 trillion yuan (about $1.98 trillion...
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