President-elect Donald Trump’s Stance on Federal Reserve Chair Jerome Powell
President-elect Donald Trump is likely to allow Federal Reserve Chair Jerome Powell to complete his term, set to expire in May 2026, according to an anonymous senior adviser within Trump’s team. Although Trump has frequently expressed frustration with Powell in...
Read more
United States Michigan Consumer Sentiment
The University of Michigan’s U.S. consumer sentiment index rose to 73 in November 2024, marking a seven-month high and coming in above the forecast of 71. This increase highlights rising consumer confidence across multiple economic factors, suggesting an overall positive...
Read more
Dow Jones Hits Historic High Amid Economic Optimism
The Dow Jones Industrial Average (DJIA) has reached an all-time high, signaling a wave of optimism among investors and marking a significant milestone in U.S. market history. The recent surge comes amid positive economic indicators and robust corporate earnings, driving...
Read more
Canada’s Unemployment Rate Holds Steady at 6.5% in October 2024
In October 2024, Canada’s unemployment rate remained at 6.5%, slightly under market forecasts of 6.6%. This steady rate has eased some concerns over the labor market’s recent slowdown, reflecting a mix of resilience and underlying challenges in employment dynamics across...
Read more
Germany’s Trade Surplus Declines in September 2024
Germany’s trade surplus shrank in September 2024, falling to EUR 17 billion, down from a downwardly revised EUR 21.4 billion in August. This result came in lower than analysts’ expectations, which forecasted a surplus of EUR 20.9 billion. The decline...
Read more
