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Surprise Jump in U.S. Services Sector: ISM Hits 51.6 in April 2025

Surprise Jump in U.S. Services Sector: ISM Hits 51.6 in April 2025

In a surprising move, the U.S. ISM Services PMI rose...

The End of an Era: Warren Buffett Steps Down, Greg Abel Takes the Helm

The End of an Era: Warren Buffett Steps Down, Greg Abel Takes the Helm

Legendary investor and 94-year-old CEO of Berkshire Hathaway, Warren Buffett,...

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U.S. Job Openings Drop to Six-Month Low in March 2025

U.S. Job Openings Drop to Six-Month Low in March 2025

In March 2025, the number of job openings in the United States dropped by 288,000 to 7.192 million—marking the lowest level since September of last year and falling short of market expectations (7.48 million). The data, released via the JOLTS...
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Consumer Confidence in Germany Improves Sharply – May 2025

Consumer Confidence in Germany Improves Sharply – May 2025

Germany’s consumer sentiment is showing signs of recovery, reflecting an improvement in Consumer Confidence in Germany. The GfK Consumer Climate Index for May 2025 climbed to -20.6, up from -24.3 the previous month. Not only is this figure better than...
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Limited Increase in Initial Jobless Claims in the US

Limited Increase in Initial Jobless Claims in the US

In the third week of April 2025, the number of initial jobless claims in the United States increased by 6,000 to reach 222,000. This figure aligns with market expectations and remains near the lowest two-month level. Significant Decline in Total...
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9.2% Surge in Durable Goods Orders in the US

9.2% Surge in Durable Goods Orders in the US

In March 2025, new orders for durable manufactured goods in the United States rose by 9.2%, reaching a total of $315.7 billion. This growth marks the third consecutive monthly increase and far exceeds the market forecast of 2%. Durable Goods...
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Germany’s Business Climate Index Hits Highest Level Since July

Germany’s Business Climate Index Hits Highest Level Since July

In April 2025, Germany’s Ifo Business Climate Index increased slightly to 86.9 points, marking the highest level since July 2024. This represents a modest rise from 86.7 points the previous month and defies earlier forecasts, which predicted a decrease. This...
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