In a surprising move, Australia's central bank has cut its benchmark lending rates by 25 basis points, downgrading the economic growth forecast amidst weak public demand. With inflation dropping significantly, experts predict further rate cuts could follow.
The U.S. economy rebounded with a 3% GDP growth in spring, following a contraction earlier in the year. However, experts warn of potential slowdowns as consumers face rising prices and trade uncertainties.
The euro zone economy achieved a surprising 0.1% growth in Q2, defying predictions of stagnation. Experts attribute this resilience to limited impacts from U.S. trade policies, despite ongoing uncertainty in negotiations.
Are you trying to access a website but being blocked due to GDPR? Discover the reasons behind these restrictions and what it means for internet users in the EEA.
As the Fed prepares for a crucial meeting, President Trump faces disappointment as interest rates are likely to remain unchanged. With rising tariffs and inflation concerns, a debate brews among Fed governors about the need for a rate cut.
As the Federal Reserve prepares for its crucial meeting this week, all eyes are on interest rates amid significant political and economic changes. With GDP and employment reports on the horizon, will the Fed maintain the current rate?
A new study warns that superbugs could lead to millions of deaths and nearly $2 trillion in economic losses by 2050. The alarming rise in antimicrobial resistance demands urgent action from governments worldwide.
In a frank address, JPMorgan Chase CEO Jamie Dimon criticized Europe's declining competitiveness against the U.S. and Asia, urging for urgent reforms to enhance investment and growth.
U.S. President Trump's new tariffs threaten Japan and South Korea, two key allies facing economic challenges. With existing duties already impacting growth, will these nations find a way to negotiate relief?
At the recent NATO summit, the spotlight was stolen not just by a historic defense spending hike, but by the flattery exchanged between President Trump and NATO Secretary General Rutte. Their 'bromance' raised eyebrows as Rutte praised Trump for his influence on allies and decisive actions in global conflicts.
