In July, amid a continuously tight labour market and declining inflation, U.S. consumer sentiment reached a two-year high, improving the outlook for the economy in the short term.   However, the Conference Board survey released on Tuesday provided conflicting signals, indicating that the...

Experts from the IMF report a nearly global fall in business activity. In wealthy nations, this decline is correlated with a decline in industry and the exhaustion of rebound growth in the services sector; in developing countries, it is correlated with lower external demand. The IMF released the...

According to closely watched survey data released on Monday, the growth of the service sector contributed to a five-month low in U.S. business activity in July. However, falling input prices and slower hiring suggest the Federal Reserve may be making progress on key fronts in its fight against...

Business activity in the euro zone shrank significantly more than anticipated in July as demand fell in the major services sector of the union and factory output decreased at the highest rate since the beginning of COVID-19, according to a survey.   The euro zone's two largest economies,...

The price of September wheat futures on the Chicago Mercantile Exchange has surged by 12.3% as the grain deal was terminated. Wheat cost $6.54 per bushel when the grain agreement was dissolved on July 17, but as of Monday, July 24, was already $7.34 per bushel. The price of wheat on the market...

In the 1970s, Matthew Keith used his allowance money to purchase his first Barbie dolls, which he kept from his parents out of concern that they would criticise the toys as being insufficiently masculine.   His Barbie collection, which is currently housed on 22 feet of bookcases in his Los...

Following protests from several producer nations, the Group of 20 (G20) major economies' conference in India on Saturday was unable to come to a consensus on the gradual phase-out of fossil fuels.   Even as catastrophic weather from China to the United States highlights the global climate...

Price increases affected over 30,000 items. The rate of price rises in Japan in 2023 will be greater than that in 2022 and will be at an all-time high, as shown in a report released by Teikoku Databank, the nation's top statistical agency. More than 30,000 products had already seen price...

Companies in the United States are rushing to recycle electric vehicle batteries in North America due to a little-known provision in the U.S. Inflation Reduction Act, putting the continent at the head of a worldwide race to challenge China's hegemony in the sector.   The IRA has a provision...