Economy

President Donald Trump said he wanted a commitment from BRICS countries that they would not create a new currency to replace the U.S. dollar.

Cleveland Fed suggests recent inflation uptick might have peaked.

Sales are expected to see a ‘slight gain’ this year amid strong macroeconomic conditions, said a real estate expert.­

Consumer spending and government outlays drove much of the fourth-quarter growth.

The Consumer Council for Water described the increase as the largest rise in water bills since privatisation of the industry 36 years ago.

Only 7 percent of Australians are ‘high cash users’ who rely on cash for 80 percent or more of in-person transactions.

The U.S. trade deficit widened to an all-time high in December, weighing on economic growth as imports jumped and inventories declined.

Rachel Reeves put support for a third runway at the London hub airport at the heart of her plan to kickstart the UK economy.

The group said it will shut 61 Lloyds, 61 Halifax, and 14 Bank of Scotland branches between May this year and March 2026.

Headline CPI inflation eased to 2.4 percent in the 12 months to December, while trimmed mean inflation moderated to 3.2 percent.

U.S. consumer confidence hit a four-month low in January, but optimism about financial improvements six months ahead reached a record high.

NAR’s senior economist said December 2024 sales suggest that the most challenging period for the housing market may be over.

I am expecting wave after wave of earnings to come out and dropkick and drive our fundamentally superior stocks higher.

Demand for Nvidia chips, used to power AI models from various companies, had propelled the company to one of the largest capitalizations in the world.

Some departments are spending large amounts on their online presence, with four others spending around $1.5 million a year.

‘For now, the initial reaction is to sell first and ask questions later,’ Jay Woods, chief global strategist for Freedom Capital Markets, said.