When rates rose at the end of 2024, buyers pulled back. Pending home sales, which refer to the number of contracts signed to purchase a home, fell 5.5% in December. It was the first drop in five ...

"The labor market does seem to be pretty stable and broadly in balance, when you have an unemployment rate that has been pretty stable now for a full half a year," Fed Chair Jerome Powell said at a ...

Mexico's economy shrank more than expected in the fourth quarter on a sequential basis, preliminary data from national ...

Economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by hurricanes and labour strikes. The economy expanded at an annual rate of 2.3% ...

The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With ...

The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...

Finbold turned to Grok for insights on whether Bitcoin or Altcoins make a better buy for 2025, from an investment perspective ...

Carsten Jung, head of macroeconomics and AI at IPPR, discusses DeepSeek's impact on the global artificial intelligence market ...

The unemployment rate has skyrocketed and with it the provision of socio-economic rights is envisaged in article 43 of the ...

Elliott Jordan-Doak of Pantheon Macroeconomics warned the PMI figures show the Bank of England “cannot fully react to slowing ...

Sales of previously owned US homes slipped to their weakest level in about three decades last year on the back of high ...