US job openings held steady in May at a higher-than-expected level, reinforcing signs that the labor market remains resilient despite lingering uncertainty over economic growth and hiring. The number of …
Business
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Business
Eurozone credit growth continues to strengthen as corporate lending accelerates
by adminby adminBank lending to eurozone companies expanded at its fastest pace in three years during May, according to data released by the European Central Bank (ECB) on Monday. The figures indicate …
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Business
US consumer sentiment improves as gasoline prices ease but sentiment remains subdued
by adminby adminUS consumer sentiment improved in June from near-record lows as declining gasoline prices and easing geopolitical tensions provided some relief to households still grappling with elevated living costs. The University …
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UK retail sales weakened further in June, with volumes falling at a sharper pace and sales performing below seasonal norms to the greatest extent in more than two years, according …
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Business
Copper rises, but outlook murky amid US policy risk and weak China demand
by adminby adminCopper prices rebounded slightly on Wednesday from the previous session, but the metal remained under pressure due to recent losses because of a stronger US dollar and hawkish Federal Reserve …
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Britain’s private sector contracted for a second straight month in June. The latest flash purchasing managers’ index from S&P Global showed the UK composite PMI slipped to 49.4 in June …
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Business
Starmer to step down; markets eye Burnham’s fiscal plans and chancellor pick
by adminby adminUK Prime Minister Keir Starmer said on Monday that he would step down as Labour leader and prime minister, ending months of political turmoil and setting in motion a leadership …
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US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary …
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British retail sales rebounded more strongly than expected in May, supported by favourable weather conditions and promotional activity by retailers, according to official data released on Friday. The figures come …
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Business
US jobless claims fall to 226,000 as layoffs remain low, labor market stays resilient
by adminby adminThe number of Americans filing new applications for unemployment benefits fell last week, indicating that layoffs remain low and that the US labour market continues to show resilience despite broader …