Tag: Economy
Browse our exclusive guides!
Rapid decline in US jobless claims
Unemployment claims in the US showed the sharpest drop since October 2021 last week.
Applications for unemployment benefits in the USA fell to 239 thousand,...
ECB discusses faster shrinkage of bond portfolio
European Central Bank (ECB) officials were reportedly discussing options to accelerate the downsizing of the agency's 5 trillion euro ($5.5 trillion) bond portfolio.
While the...
Two consecutive rate hike signals from Powell
US Federal Reserve (Fed) Chairman Jerome Powell signaled that they are open to two consecutive interest rate hikes in the upcoming meetings.
Fed Chairman Powell...
S&P affirms China’s credit rating
International credit rating agency Standard & Poor's (S&P) affirmed China's long and short-term credit ratings as "A+/A-1", keeping its credit rating outlook as "stable".
In...
New limitation on artificial intelligence chip from the USA
The US is reportedly considering new restrictions on the export of artificial intelligence chips to China.
The U.S. Department of Commerce may take action as...