Tag: Economy
US Jobless Claims Drop to 7-Month Low
The number of Americans applying for jobless benefits has decreased, reaching a seven-month low. According to the Labor Department, jobless claims fell by 2,000 to 213,000 for the week of Nov. 23. However, continuing...
RBNZ Signals Slower Rate Cuts Ahead: What to Expect
The Reserve Bank of New Zealand (RBNZ) recently announced a second consecutive half-percentage point cut in interest rates, bringing the Official Cash Rate down to 4.25% from 4.75%. This move was largely anticipated by...
The Best Way for Trump to Implement Tariffs
President Trump's recent implementation of tariffs has sparked a lot of debate and controversy. Many are wondering what the best way for him to go about this is. Some believe that imposing tariffs on...
EU Imposes Fiscal Regulations on Netherlands for Budget Balancing
The European Union has decided to impose stricter fiscal regulations on the Netherlands in order to force the country to limit its spending more aggressively. This decision comes after the Netherlands ignored recommendations from...
Marc Rowan: Potential Treasury Secretary under Donald Trump
Marc Rowan is being considered as a potential Treasury Secretary under the Donald Trump administration. Rowan, a prominent figure in the financial world, has a strong background in finance and investment. If appointed, he...
Pakistan’s Fiscal Year 2022: No Further Tax Increases Planned
Pakistan's government has announced that there will be no additional taxes imposed in the current fiscal year. The Finance Minister, Muhammad Aurangzeb, expressed confidence in meeting the tax revenue target of 13 trillion rupees...
Goldman Sachs Downgrades Australia Economic Forecast Amid Trump Tariff Concerns
Goldman Sachs Group Inc. has revised its economic growth forecast for Australia in 2025, citing potential negative effects from the anticipated increase in tariffs on China by the incoming Trump administration. The new forecast...