U.S. consumers are spending more in the second quarter of the year, even with the rising cost of living. US retail sales rose 0.6 percent in...
Cost of living in the US edged up in June, boosted by an increase in fuel prices and sustained gains in rents. The inflation rate rose...
The world’s second largest economy rebounded in the second quarter of the year as increase in consumer spending fuel growth. The economy rose 6.7 percent in...
US labor market continues to show strong rebound, following June remarkable non-farm payrolls. The weekly jobless claims remain unchanged at 250,000, according to the Labor Department...
The Bank of England surprisingly left its widely expected rate unchanged. The nine-member monetary committee led by Governor Mark Carney voted 8-1 to keep the rate...
Australian economy added more full-time jobs in June, even though unemployment edged up to 5.8 percent from 5.7 percent recorded in May, the labour market remains...
Malaysia’s central bank cuts interest rates to strengthen the economy as global risks weigh on growth. Bank Negara Malaysia reduced its overnight policy rate by 25...
US’s labour market came alive in June as employers reportedly added the most jobs in 8 months after two-month of cutbacks. Employers added 287,000 jobs to...
UK services industry remained cool in June as customers either cancelled or postponed orders ahead of Brexit. The gauge of uk services decreased from 53.5 in...
Australia’s retail sales rose less than expected in May, following a slowdown in household spending. Retail sales increased 0.2 percent in May from 0.1 percent gain...