Euro Falls Below $1.16 as Italy’s Budget Seen as Defying EU The euro slipped below $1.16 on Friday for the first time in two weeks after...
Fed Raises Interest Rates Despite Growing Uncertainty The Federal Reserve raised interest rates on Wednesday despite rising oil prices and global trade tensions. U.S. policymakers raised...
UK Consumer Spending Beats Expectations in August UK consumers continued to buy despite sluggish wage growth, the Office for National Statistics said on Thursday. Retail sales...
UK Inflation Rate Increases to 2.7% in August Cost of goods and services in the world’s fifth largest economy, U.K., unexpectedly rose in August, following the...
Finally, Tight Labour Market Aids Uk Wage Growth UK earnings picked up in the three months through July to support Bank of England’s view that continuous...
US Creates More Jobs than Expected in August The world’s largest economy, U.S., added more jobs than expected in August as businesses were said to be optimistic despite...
China Warns of Retaliation if U.S. Slaps New Tariffs China will be forced to retaliate if the United States implements any new tariff measures, China’s commerce...
Dollar Dips Despite U.S. Tariff Fears as Brexit Hopes Lift Pound The dollar edged down on Thursday after a bounce in European currencies but investors said...
South Africa Will Recover from Economic Recession Soon Says President Ramaphosa South Africa will soon recover from recession, President Cyril Ramaphosa said on Thursday in his...
U.S. Second-quarter Productivity Growth Unrevised at 2.9 Percent The Labor Department said on Thursday nonfarm productivity, which measures hourly output per worker, increased at an unrevised...