The hangover home owners had to have?
News heralding the deepest decline in property prices on record in Australia will test the mettle of the Reserve Bank’s crusade to combat inflation. The RBA has itself broken records … Read More
Category: Economy
Japan Service Sector Gains Strength In December
Japan’s service sector activity gained strength in December driven by uplift in tourism and strong improvement in Covid-19 conditions, survey results from S&P Global showed on Friday. The au Jibun … Read More
European Economic News Preview: Eurozone Final Composite PMI Data Due
Final composite Purchasing Managers’ survey results from the euro area and other major Eurozone economies are due on Wednesday, headlining a busy day for the European economic news. At 2.00 … Read More
The Consumer Price Increase Index
The Consumer Price Index has become the Consumer Price Increase for many Americans. The BLS Consumer Price Index is issued every month. It measures the prices of dozens of items. … Read More
Japan Retail Sales Rise As Travel Subsidies Boost Spending
Japanese retail sales continued to increase in November as the travel subsidy program initiated to stimulate the tourism sector boosted consumer spending and unemployment rate was the lowest in three … Read More
These Are the Biggest Changes to Retirement Plans Under SECURE Act 2.0
Congress has already approved – and President Joe Biden has signed – the massive $1.7 trillion federal spending bill. This massive year-end spending bill includes several changes to retirement plans. … Read More
U.S. GDP Growth Unexpectedly Upwardly Revised To 3.2% In Q3
U.S. economic activity unexpectedly jumped more than previously estimated in the third quarter, according to revised data released by the Commerce Department on Thursday. The report showed the surge in … Read More
German Consumer Confidence Improves On Easing Energy Price Burden
Germany’s consumer confidence is set to improve in January for the third straight month, as their economic, income and purchasing power expectations improved amid government measures to curb rising energy … Read More
Philly Fed Index Remains Negative For Fourth Straight Month In December
Philadelphia-area manufacturing activity contracted at a slower rate in the month of December, according to a report released by the Federal Reserve Bank of Philadelphia on Thursday. The Philly Fed … Read More
Steel Dynamics Sees Lower Q4 Earnings; Stock Down
Steel Dynamics Inc. (STLD) said it expects earnings per share to be in the range of $3.34 to $3.38 and adjusted earnings per share of $4.10 to $4.14 for the … Read More