Economic events

10-year Treasury yield back above 4.6% after mixed jobless claims data

Treasury yields were slightly higher early Friday after a mixed set of data on weekly jobless claims. The yield on…

How the Federal Reserve’s rate policy affects mortgages

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…

Russian central bank surprises markets by holding key rate at 21%

MOSCOW, Russia: The Russian central bank has cut its key interest rate by 300 basis points for a third time…

China gears up for an uncertain 2025. How investors plan to prepare

Investor confidence in Chinese earnings’ growth remains the missing ingredient to drive a sustained stock market rally in the world’s…

UK economy shrinks by 0.1% in October

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London…

Contentious budget plans are wreaking political havoc across Europe

France’s Prime Minister Michel Barnier ponders during a session of questions to the government at the National Assembly in Paris,…

India’s quarterly growth slumps to a near two-year low, well below expectations

Construction workers in Mumbai, India, on June 5, 2024.  Bloomberg | Bloomberg | Getty Images India’s economy expanded by just…

Republicans gear up for the coming battle over $5 trillion tax cut’s costs

As Republicans on Capitol Hill lay the groundwork for extending the 2017 tax cuts, cracks are already emerging on one…

Saudi Arabia keep pace with its mega-project spending spree?

Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM In Saudi Arabia’s northwestern desert, a sprawling…

UK economy ekes out 0.1% growth, below expectations

Bank of England in the City of London on 6th November 2024 in London, United Kingdom. The City of London…