US banking turmoil likely to cause tightening conditions: New York Fed head US banking turmoil likely to cause tightening conditions: New York Fed head By admin on April 2, 2023 Stresses in banking system likely to reduce spending by businesses, households, says John Williams
US consumer sentiment posts 1st decline in 4 months US consumer sentiment posts 1st decline in 4 months By admin on April 2, 2023 Year-ahead inflation expectations fall to 3.6% in February, lowest since April 2021, says surveys director
Turkish stock exchange down 1.7% at week’s close Turkish stock exchange down 1.7% at week’s close By admin on April 2, 2023 BIST 100 index drops more than 83 points from previous close
World Bank estimates higher growth in East Asia, Pacific region this year By admin on April 2, 2023 Institution says region must cope with 3 challenges; tensions between trading partners, aging of major economies, exposure to climate risks
US Treasury, IRS unveil new rules on clean vehicles US Treasury, IRS unveil new rules on clean vehicles By admin on April 2, 2023 New rules to save up to $7,500 on new clean vehicles, hundreds of dollars per year on gas, says Treasury chief
Turkish Airlines cancels some flights to Italy ahead of strikes Turkish Airlines cancels some flights to Italy ahead of strikes By admin on April 2, 2023 Due to planned Italian strikes, flights canceled for Sunday connecting Turkish metropolis Istanbul to Bologna, Venice, and Milan
US economic growth for last quarter of 2022 revised down to 2.6% US economic growth for last quarter of 2022 revised down to 2.6% By admin on March 30, 2023 2nd reading was 2.7%, while 1st reading stood at 2.9%; overall in 2022 real GDP rose 2.1%
US initial jobless claims rise by 7,000 US initial jobless claims rise by 7,000 By admin on March 30, 2023 198,000 claims filed last week, according to Labor Department data
US stock market higher despite slowdown in economic growth US stock market higher despite slowdown in economic growth By admin on March 30, 2023 Tech-heavy Nasdaq soars for 2nd consecutive day
Germany’s annual inflation eases to 7-month low in March Germany’s annual inflation eases to 7-month low in March By admin on March 30, 2023 Consumer prices were up 7.4% year-on-year, marking slowest pace of gain since last August