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Economy

Economy

US new home sales tumble to two-year low in October

WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to the lowest level in nearly two years in October, likely as…
Economy

Analysts weigh in on Trump’s tariff threats

Investing.com — President-elect Donald Trump pledged on Monday to impose significant tariffs on the United States’ top three trading partners—Canada, Mexico, and…
Economy

US monthly house prices rise strongly in September

WASHINGTON (Reuters) – U.S. single-family house prices increased solidly in September, which together with a resurgence in mortgage rates will further reduce…
Economy

Russian rouble at 32-month low, a boon for exporters, minister says

MOSCOW (Reuters) – The Russian rouble continued to slide, dropping to its lowest since March 2022 against both the dollar and the…
Economy

What Scott Bessent’s Treasury nomination could mean for the economy, tariffs

Investing.com — President-elect Donald Trump announced on Friday that he will nominate Scott Bessent, a prominent investor, as the next US Treasury…
Economy

Nigeria’s central bank raises key interest rate to 27.50%

The Central Bank of Nigeria has announced an increase in the Monetary Policy Rate (MPR) by 250 basis points, taking it from…
Economy

UK police forces quietly withdraw from X platform amid content concerns

By Andy Bruce (Reuters) – Several British police forces have largely withdrawn from Elon Musk’s X social media platform as concerns over…
Economy

UK retailer confidence plunges, sales decline expected to worsen, according to CBI survey

Retailers in the United Kingdom (TADAWUL:4280) are facing a challenging outlook as sentiment about their business situation over the next three months…
Economy

US 10-year yields drop to 2-week low as bonds rally on Bessent pick

By Stefano Rebaudo and Tom Westbrook (Reuters) – U.S. Treasuries rallied on Monday as investors cheered the selection of Scott Bessent as…
Economy

Slackening demand likely weighed on India’s GDP growth in September quarter: Reuters poll

By Vivek Mishra BENGALURU (Reuters) – India’s economy likely grew at its slowest pace in one-and-a-half years in the three months to…
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