The Governing Council decided on Thursday to cut the three core ECB interest rates by 25 basis points. As a result, the interest rates on the deposit facility, major refinancing operations, and marginal lending facility will be reduced to 2.75%, 2.90%, and 3.15%, respectively, beginning February 5, 2025. This decision…
The number of Americans filing for unemployment benefits dropped more than expected last week, signaling a still-resilient labor market…
The housing market is facing a stark reality check, with sales of existing homes plummeting to a 29-year low.…
Michigan-based company Dow Inc. announced Thursday that it would lay off 1,500 employees as part of a $1 billion…
The idea that the United States is becoming an oligarchy is no longer confined to academic debate or dystopian…
Germany’s government announced on Wednesday that it has revised its economic growth forecast for 2025 down to just 0.3%,…
The European Commission has introduced a new set of proposed sanctions against Russia in response to its ongoing invasion…