Economy News

US Treasury’s Bessent warns yen volatility risks spillover to global markets

Bessent says disorderly yen moves can destabilize global markets

Iceland votes in tight referendum on whether to start EU membership talks

What do households want from the UK Budget?

According to new data, 80% of America's housing markets now favor buyers over sellers. The numbers paint a pretty miserable picture for anyone thinking about placing their homes on the market.

Sussex County, Delaware, saw 40,000 new residents since 2020, with retirees drawn by low property taxes and no sales tax straining healthcare and schools.

Goldman draws 3 lessons from economic research on U.S. inflation expectations

There’s little optimism about treasury secretary’s ability to handle Trump’s tariffs, Iran sanctions and colossal US debt History remembers Gen Dwight Eisenhower, the supreme commander of the allied forces in Europe during the second world war, for his role in the D-day invasion of Normandy. Whether Scott Bessent will achieve similar posterity as the face of the “economic D-day” in Iran remains...

Avoiding US goods and services – from tech to whisky to air travel – has forced many to find a new way of living For William McDonald, 38, a diesel mechanic from Thunder Bay, Ontario, “Canadian is always the first choice,” even if it means his weekly bills are higher. “As soon as Trump started putting those tariffs on in February [last year], I started boycotting US goods,” he said. “Avoiding...

Every week, people are handed another piece of US jobs data and told it matters for markets. News platforms, including Invezz, report initial and continuing jobless claims every week, before attention shifts through the month to ADP employment, JOLTS and the closely watched nonfarm payrolls report. For anyone who does not spend their day watching economic calendars, it can feel like several versions of the same number. They are not. Each report looks at a different part of the labour market. Some tell us whether people are losing jobs. Others show...

Russian strike kills 27 near Kyiv as Moscow militarizes schools

China’s massive oil reserves give Beijing leverage during Iran war