Italy’s light touch on inheritance tax comes at a cost, economists say
Italy’s inheritance tax far below that of main partners Higher revenue could be used to help growth, analysts…
US construction spending rebounds in August
WASHINGTON, Nov 17 (Reuters) – U.S. construction spending unexpectedly rebounded in August, likely lifted by home renovations as…
Japan’s wholesale prices rise more than expected on sticky food inflation
TOKYO, Nov 13 (Reuters) – Japan’s wholesale prices rose more than expected in October as the cost of…
China’s factory-gate deflation eases in October, consumer prices rise
October consumer prices rise 0.2% from a year earlier Producer price index extends three-year drop but moderates Authorities…
US layoffs for October surge to two-decade high, Challenger data shows
Nov 6 (Reuters) – U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for…
Euro zone economy grows at fastest pace in more than two years, PMI shows
Euro zone economy grew at fastest pace since May 2023 in October HCOB final composite PMI rose to…
US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress households Government shutdown may impact food benefits, healthcare costs Fed monitors…
Asia’s factories stumble as US tariffs hit order books
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi…
Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…
Canada’s GDP contracts in August, might avoid a recession in third quarter
August GDP drops by 0.3%, September growth likely to be 0.1% Both services and goods sectors contracted, StatsCan…
China factory activity stumbles as export orders dry up
China’s manufacturing PMI remains below growth threshold at 49.0 Non-manufacturing PMI rises to 50.1 from 50.0 in September…
Germany’s economy stagnates in third quarter as exports fall
Germany’s GDP stagnates in Q3 amid declining exports Chancellor Merz’s fiscal measures face delays Employment growth remains weak,…