Canada’s Retail Sales Fall 0.6% in January Amid Car
Consumer Spending Slows More Than Expected
Canada's retail sales dropped 0.6% in January to C$69.4 billion ($48.31 billion), exceeding analysts’ expectations of a 0.4% decline,...
UK Economic Inactivity Due to Sickness Could Hit 8% by 2030
Rising Inactivity Rates Among Working-Age Population
By the end of the decade, nearly one in 12 working-age individuals in the UK could be classified as...
Nearly Half of Americans Fear Credit Denials
Nearly half of Americans believe they won’t be approved for a credit card, mortgage, or car loan, according to a new survey by the...
Bank Indonesia to Hold Rates Amid Rupiah Pressure, Cuts Expected Next Quarter
Bank Indonesia (BI) is expected to maintain its benchmark interest rate at 5.75% on Wednesday to prevent further depreciation of the rupiah amid rising...
Fed Holds Rates, but Trump’s Policies Pressure Future Cuts
After implementing 100 basis points (bp) of interest rate cuts in late 2024, Federal Reserve Chair Jerome Powell has indicated that the Fed is...
Dow Drops 630 Points as Tariff War Escalates
The Dow Jones Industrial Average tumbled by 630 points, or 1.53%, on Thursday, while the S&P 500 slid 1.6% and the Nasdaq Composite dropped...