Economy

Economic News

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dow-jones

More Homebuyers Coming Out as Asking Prices Drop — Market Talk

Asking prices fell 2.5% year-over-year in June, Realtor.com says, the eighth consecutive month of decreases. Pending sales rose 3.7% year-over-year for the seventh straight month of growth. For the first time in 26 months, homes spent no more time on market than they did a year earlier, a further i…

Dow Jones Newswires en
Economy
NEWS dow-jones

More Homebuyers Coming Out as Asking Prices Drop — Market Talk

1022 ET - Asking prices fell 2.5% year-over-year in June, Realtor.com says, the eighth consecutive month of decreases. Pending sales rose 3.7% year-over-year for the seventh straight month of growth. For the first time in 26 months, homes spent no more time on market than they did a year earlier, a…

Dow Jones Newswires en
EconomyForex
NEWS modular_finance

Auction details government bonds

Auction date July 8, 2026Settlement date July 10, 2026Bids have to be entered by 11.00 on July 8, 2026Bid only through dealers approved by the Swedish National Debt Office.About Swedish National Debt OfficeThe Swedish National Debt Office is the central government financial manager. We secure Swede…

MFN by Modular Finance en
BondsEconomy
trading-economics

Silver Jumps 3% on Fed Warsh’s Stance

Silver climbed 3% to $60 per ounce on Wednesday, rebounding from a seven-month low as investors weighed remarks from new Federal Reserve Chair Kevin Warsh while renewed US-Iran tensions fueled concerns over stability in the Middle East. Speaking at the ECB’s annual forum in Sintra, Portugal, Warsh…

Trading Economics en
EconomyFutures
dow-jones

U.S. Construction Spending Misses Analyst Forecasts

By Kirk MaltaisU.S. construction spending rose in May, but not by as much as expected by surveyed analysts, according to the latest report from the Census Bureau.In its monthly report published Wednesday, the agency said spending on building projects came in at a seasonally adjusted rate of $2.21 t…

Dow Jones Newswires en
Economy
NEWS dow-jones

Unemployment Rate Expected to Hold Steady — Data Week Ahead

The following are median forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal.Forecasts were last updated Monday afternoon. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Thursday 0830 Jobless Claims Jun…

Dow Jones Newswires en
Economy
NEWS reuters

Colombia's incoming finance minister says fiscal deficit is 7% to 8% of GDP

Colombia's fiscal deficit stands between 7% and 8% of GDP, higher than what the current government claims, incoming Finance Minister Miguel Gomez said on Wednesday.Gomez told Blu Radio in an interview that figures presented by the outgoing finance minister are inaccurate."The situation that I am re…

Reuters en
Economy
trading-economics

US Construction Spending Edges Up 0.1%

Construction spending in the US edged up 0.1% month-over-month to a seasonally adjusted annual rate of $2,210.2 billion in May 2026, following a downwardly revised 0.3% rise in April and compared to forecasts of a 0.2% gain.Residential spending went up 0.4% while nonresidential flattened.Out of non…

Trading Economics en
Economy

Kevin Warsh Downplays Concerns Of Job Losses Due To AI, Says He's Not A Doomer — 'It's Called The Lump Of Labor Fallacy'

Federal Reserve Chair Kevin Warsh on Wednesday downplayed concerns that artificial intelligence will lead to job losses, saying he is not an AI doomer or pessimist.During an interview at the ECB Forum on Central Banking in Sintra, Portugal, Warsh said he believes the number of jobs created by AI wi…

Stocktwits en
Economy
NEWS dow-jones

Warsh on Supreme Court Fed Ruling: 'We Don't Have to Worry About Politics' — WSJ

By Chelsey DulaneyKevin Warsh offered his first reaction to this week's Supreme Court ruling that blocked President Trump from firing Fed governor Lisa Cook:"Before the Supreme Court [decision], the Fed acted independently and followed its remit. After the Supreme Court ruling, the Fed will continu…

Dow Jones Newswires en
Economy
NEWS dpa_afx

Austria Inflation Eases To 3.2% In June

BRUSSELS (dpa-AFX) - Austria's consumer price inflation moderated in June from a 5-month high in the previous month, flash data from Statistics Austria showed on Wednesday.The consumer price index climbed 3.2 percent year-over-year in June, slower than the 3.7 percent increase in May.The downward t…

dpa-AFX en
Economy
trading-economics

US Manufacturing Sector Growth Cools in June

The ISM Manufacturing PMI for the US fell to 53.3 in June 2026, down from 54.0 in May and below market expectations of 54.The latest reading indicated a slowdown in the manufacturing sector, as both output (52.2 vs. 54.3 in May) and new orders (56.0 vs. 56.8) grew at a slower pace.Employment remain…

Trading Economics en
Economy

India's Hero MotoCorp to invest over $336 million in Andhra Pradesh

India's Hero MotoCorp NSE:HEROMOTOCO said on Wednesday it will invest more than 32 billion rupees ($336 million) in the southern state of Andhra Pradesh, including over 7.5 billion rupees for a global parts centre, to expand its manufacturing, logistics and electric mobility footprint.The investmen…

Reuters en
EconomyStocksIN
NEWS dpa_afx

Eurozone Inflation Eases To 2.8%

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - Euro area inflation slowed to a three-month low in June as food, energy and services prices registered slower growth, easing pressure on the European Central Bank to hike interest rates again this month.Inflation weakened to 2.8 percent from 3.2 percent in May…

dpa-AFX en
Economy