economic-data News
Wall Street Rallies as Weak Jobs Data Fuels Fed Easing Hopes
The U.S. private sector added far fewer jobs than expected in December, intensifying investor bets that the Federal Reserve may soon pivot to cutting interest rates.
U.S. Mortgage Rates Climb to 6.25%, Testing Housing Market Recovery
The increase in borrowing costs presents a fresh hurdle for homebuyer affordability and threatens to cool the modest momentum gained at the end of 2025.
US Gasoline Prices Forecast to Dip Below $3 in 2026, Easing Inflation
The decline to the lowest average since 2020 could deliver a significant boost to consumer spending and aid the Federal Reserve's long-term inflation battle.
U.S. Multinationals Win Key Exemption From 15% Global Minimum Tax
New OECD agreement shields American giants from new foreign levies, citing existing U.S. tax laws in a deal that has sparked debate over tax fairness.
US Manufacturing Sector Snaps 26-Month Contraction in Surprise Rebound
January's ISM PMI jumped to 50.9, driven by a surge in new orders and production, signaling potential resilience in the industrial economy.
US Manufacturing Slump Deepens, Fueling Economic Concerns
The ISM Manufacturing PMI unexpectedly fell to 47.9 in December, marking the 14th straight month of contraction and challenging optimism for an economic soft landing.
China's Economic Momentum Falters, Raising Global Growth Alarms
A December slowdown in the Caixin Composite PMI to 51.4 signals cooling business activity, driven by a slump in manufacturing that overshadowed service sector resilience.
Chicago PMI Rebounds Sharply, But Factory Contraction Continues
December reading surpasses economist forecasts, yet extends the manufacturing downturn in the region to 25 consecutive months.