Specialized search for economics

2+ min ago   (579+ words) The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate eased to 6.06% this week, down from 6.16% last week, mortgage buyer Freddie Mac said Thursday. One year…...

20+ min ago   (95+ words) A decline in fuel import costs helped keep prices of foreign goods entering the United States stable. US Import Prices Little Changed Over Past Year Prices at America's ports were little changed over the past year as President Donald Trump's…...

41+ min ago   (238+ words) EUR/USD is back under pressure and slipping towards the 1.1600 mark, hovering around multi-week lows as the Greenback extends its recovery. The move higher in the pair comes amid higher US yields and a generalised subdued sentiment in the risk…...

49+ min ago   (219+ words) Accountants' confidence in the global economy remains weak entering 2026. Accountants flagged economic pressures like inflation, recession and interest rates as the top risk priority in 2025, followed by cyber threats, geopolitical uncertainty and regulatory instability. The report highlighted the interdependence of…...

53+ min ago   (699+ words) The British Pound (GBP) loses ground against the US Dollar (USD) on Thursday as solid economic data in the US trumps an upbeat Gross Domestic Product (GDP) report in the United Kingdom (UK). At the time of writing, GBP/USD…...

59+ min ago   (1407+ words) AUD/USD continues to chop sideways below the 0.6700 mark, weighed down by a firm US Dollar and a generally soft tone across risk-linked assets. The Australian Dollar (AUD) is still struggling to find a clear direction, keeping AUD/USD slightly…...

1+ hour, 4+ min ago   (516+ words) UK financial services generated a record trade surplus of $127 billion (95 billion) in 2024 underlining the City's crucial importance to the overall economy. The total, a 15% rise on 2023, makes the UK the world's biggest net exporter of financial services such as banking,…...

1+ hour, 22+ min ago   (380+ words) Federal Reserve governor Michael Barr said Thursday the Justice Department's criminal inquiry into the central bank " as well as the White House's accusations against Fed governor Lisa Cook " amount to "an assault on the independence of the Fed." "I think…...

1+ hour, 31+ min ago   (603+ words) The Japanese Yen (JPY) treads water against the US Dollar (USD) on Thursday, as USD/JPY lacks strong follow-through buying amid lingering intervention risks tied to excessive Yen weakness. At the time of writing, the pair trades around 158.50, little changed…...

1+ hour, 32+ min ago   (740+ words) The dollar also garnered support on comments from President Trump, who told Reuters that he "has no plans" to fire Fed Chair Powell despite a Justice Department probe into the central bank's renovation." " US weekly initial unemployment claims unexpectedly fell…...