Tag: Economy
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The lowest increase in 2 years in the Fed’s favorite inflation data
While the signs of cooling in inflation indicators in the USA continued, consumer expenditures recovered in June, indicating that economic growth gained momentum. Personal...
Inflation in Germany slowed down in July
According to the data of the Federal Statistical Office (Destatis) in Germany, annual inflation was measured as 6.2 percent in July, in line with...
Hyundai net profit was $2.6 billion
Hyundai's second-quarter revenue increased 17.4 percent compared to the previous year.
Hyundai's operating profit rose 42.2 percent to $3.3 billion, according to the company's statement.
Hyundai's...
US consumer confidence revised down in July
The consumer confidence index, measured by the University of Michigan in the USA, was revised down to 71.6 in July, recording its highest level...
Profits of US energy companies fell in the second quarter
US energy giant ExxonMobil's profit in the second quarter decreased 56 percent year on year to $ 7.9 billion, while the profit of Chevron,...