Browsing Category
Economic News
Homebuilder confidence rises for third straight month as mortgage rates decline
Homebuilders are feeling more confident about the housing market as a decline in…
Bond Market Jolted as Retail Sales Slump Complicates Fed’s Task
(Bloomberg) -- The bond market was jolted Thursday by weaker-than-expected January…
Retail sales post steepest decline since March 2023
Retail sales slipped more than Wall Street expected in January, raising questions of…
New York pension fund further restricts investments in Exxon, other oil companies
(Reuters) - The New York State Common Retirement Fund would restrict its investments in…
Futures tepid ahead of economic data
(Reuters) - U.S. stock index futures were subdued on Thursday with a slew of economic…
US Airports Get Nearly $1 Billion in Federal Funds for Makeovers
(Bloomberg) -- More than 100 US airports will be awarded $970 million in federal…
Singapore Oil Sales to Ships Jump as Vessels Avoid Red Sea Risks
(Bloomberg) -- The Red Sea shipping crisis is making waves in Singapore as the…
Oil Extends Drop as Surge in US Crude Inventories Clouds Outlook
(Bloomberg) -- Oil fell for a second day after data showed US crude inventories rose by…
Argentina’s Milei Blasts Inflation Data, Focused on Reforms
(Bloomberg) -- President Javier Milei blasted Argentina’s monthly inflation figure of…
Australian Unemployment Hits Two-Year High, Currency Drops
(Bloomberg) -- Australian unemployment climbed to a two-year high at the opening of the…