The initial stage of the fiscal year for the US budget was marked by a significant increase in the deficit. This growth is mainly due to increased spending on health and defense.Data from the Ministry of Finance, released on Wednesday, showed a deficit of $121 billion for October. Compared to the same period last year, this increase was 89%, although after excluding distortions related to the inflow of deferred tax revenues in 2023, the increase was only 22%.These figures are of serious concern ... Read More
The US economy has recently recorded its slowest growth rate within a three-year period during the... Read More
Singapore labeled as the Lion City is expected to wrap up the year reaching 1.9% growth in the... Read More
The Securities and Exchange Commission has allowed a quadruple leverage in exchange traded funds... Read More
Members of the financial industry are no longer expecting the Federal Reserve to push through with... Read More
The Reserve bank of Australia kept their rates unchanged for nine succeeding months on Tuesday... Read More
According to Steven Mnuchin, U.S Treasury Secretary, the economic growth of the United States could... Read More
American consumer spending grew at a steady rate last month following an inflation surge, enabling... Read More
According to Thursday’s statement from the Swedish central bank, they will limit the size of its b... Read More
It seems that the European Central Bank is not so keen on loosening its grip on its current... Read More
The policy for non-performing loan transfer was loosened to allow to permit lenders to sell... Read More
The Bank of Japan has greater economic predictions amid its policy meeting result announced on... Read More
The Mexican Peso (MXN) is now about to record its lowest drop within a five-month period following... Read More
Credit Suisse bank increased its capital estimated by 4 billion Swiss francs equivalent to 4... Read More
The Kingdom of Sweden seems eager to join forces with Maharashtra with regards to waste disposal,... Read More
The new home sales data reading for March saw a drastic increase, clocking in at a 5.8% surge, an... Read More
The appeal of Asian stocks to investors has subsided because of political and economic risks that... Read More
Based on a study issued on Monday, the Russian Federation ranked third with high expenditures on... Read More
White House aides have been ordered by President Donald Trump to draft a corporate tax plan which... Read More
The British economy has cooled significantly in the months of January to March this year because... Read More
The first quarter data of China has come out after a solid positive gain causing a slow down in... Read More
An official from the European Central Bank has offered his reassurances to a very worried EU... Read More
The America works towards reducing trade barriers with Indonesia which were the focus during the... Read More
The latest US jobless claims data surged after almost four weeks, signal a consistent growth in... Read More
The inflation rate of New Zealand soared unexpectedly as much as 2.2 percent in the first quarter... Read More
Several economists are speculating that the US Federal Reserve could possibly be in for two more... Read More
Sterling was in a spotlight during the Asian trading on Wednesday after Theresa May called for a... Read More
The International Monetary Fund has recently increased its outlook for international growth by up... Read More
Tech employers are now applying for fewer H-1B visas for skilled workers this year as compared to... Read More
The U.S. Vice President Mike Pence has arrived in Tokyo Japan to meet with Prime Minister Shinzo... Read More
After two consecutive years of recession, the Brazilian economy has been featuring signs of... Read More
