Quotes of American construction companies rose steadily on Friday after Fed Chairman Jerome Powell's speech at a symposium in Jackson Hole, where he admitted the possibility of an interest rate cut as early as September.Shares of Rocket Companies jumped by 8%, Mr. Cooper Group and Beazer Homes added 6% each, KB Home and Lennar — 4% each, and PulteGroup and D.R. Horton — 3% each.Powell noted the continuing inflation risks, but also pointed to a weakening labor market, which investors took as a si... Read More
Putin's conditions for ending his war are the lifting of sanctions and a commitment not to expand... Read More
Google has presented a study stating that its team working on quantum computing has discovered that... Read More
The Bank for International Settlements (BIS) is calling on governments to take control of the rapid... Read More
The German government adheres to the position that the Nord Stream gas pipeline will remain... Read More
The EU has decided to speed up negotiations with the United States in order to avoid a possible... Read More
Oil prices showed mixed dynamics on Monday, fluctuating in the range of $63.90-64.70 per... Read More
The pound reached its highest level since February 2022 amid the weakness of the US dollar caused... Read More
American businesses have found a way to circumvent Trump's tariffs. Importers have recalled a 1988... Read More
The gap between stocks and bond yields has highlighted concerns about debt sustainability, causing... Read More
Donald Trump announced his intention to impose 50% duties on products coming from the EU starting... Read More
The US Federal Reserve will consider the possibility of lowering the key interest rate in the... Read More
US President Donald Trump is promoting a large-scale tax bill, which was approved by the House of... Read More
The Council of the European Union may discuss Hungary's disenfranchisement on May 27. This country... Read More
The U.S. Treasury Department plans to end the issue of one-cent coins, which have been minted for... Read More
Brent crude oil prices fell 1.6% after reports of a possible increase in OPEC+ production in July.... Read More
On Thursday, bitcoin surpassed the $111,000 mark for the first time, updating the historical... Read More
For the first time, the BRICS countries have agreed on a single Action Plan for the development of... Read More
The metallurgical industry is facing a crisis: Russian steel is expected to fall in price by 11% in... Read More
An analysis of UK inflation data showed a sharp increase in the service sector. The main reasons... Read More
The ECB is studying the dependence of eurozone banks on the US dollar. ECB Vice President Luis de... Read More
China expressed deep dissatisfaction and categorical protest in response to the introduction by the... Read More
The IMF noted the need for the United States to reduce the budget deficit and solve the problem of... Read More
The European Commission plans to discuss with the G7 lowering the ceiling on Russian oil prices.... Read More
The UK has decided to temporarily suspend negotiations with Israel on a free trade agreement amid... Read More
On May 19, the volume of ethereum on crypto exchanges fell to a historic low. In five years, 15.3... Read More
The People's Bank of China has decided to reduce key refinancing rates as part of efforts to... Read More
On Tuesday, the dollar declined against major world currencies amid expectations of macroeconomic... Read More
Yesterday, Putin and Trump had a telephone conversation, which both presidents described as very... Read More
The ECB should be ready to reduce the cost of borrowing to just below 2% per annum in order to... Read More
According to the final data from Eurostat, consumer prices in the eurozone increased by 2.2% in... Read More
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