US Jobless Claims Fall, but Unemployment Rolls Keep Growing
The number of Americans filing new applications for jobless benefits suddenly went down last week, as reported yesterday, December 24, by Reuters. The report said…
Posts Tagged: Economy
Loonie Weakens Amid Drop in Retail Sales; Traders Seek Shelter in US Dollar
The Canadian dollar weakened against its US counterpart to finish the trading week, with traders returning the greenback amid intense volatility in the financial markets….
Chinese Yuan Weakens After Mixed Factory Activity To Finish 2023
The Chinese yuan weakened against its US counterpart on Tuesday as the world’s second-largest economy faced mixed manufacturing data. The yuan has been one of…
G7 Leaders To Target Russian Energy, Trade in New Wave of Sanctions
The leaders of the Group of Seven Nations are making plans to tighten sanctions against Russia. The leaders will confirm these plans during their summit…
Bank of Japan’s Expected Next Governor Will Likely Let Economic Data Guide the Exit Timing
The Bank of Japan is supposed to get a new governor soon, with the expected next governor being Kazuo Ueda — a 71-year-old academic who…
Economic Pessimism Rises As Trust in Key Institutions Drops
According to the Edelman Trust Barometer, two in every five people believe their families will be better off. The study conducted by the organization also…
CAP Chair Says Retail Trade Is Leading the Domestic Economy
According to the Chair of the Chainstore Association of Pakistan (CAP), Tariq Mehboob Rana, retail trading is currently leading the domestic economy. Every product that…
Japan Looks To Strengthen Stagnant Economy with Supply-Side Policies
Japan’s economic growth has stagnated and its international competitiveness had declined over the past few decades. Another problem facing the country is its aging and…