chief economist
US Existing Home Sales Slide In June
Sales of existing US homes dipped in June, squeezed by a tight market struggling to keep up with demand, according to...
IMF Says Global Recovery On Firmer Footing
The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward...
US Firms Face Hiring Difficulties, Business Survey Says
A growing share of US employers are struggling to hire new workers and some have raised wages as a result, according to...
S.Africa’s White Enclave Eyes Move To E-Cash
A whites-only enclave in South Africa has resisted the country's multi-racial reality for more than two decades, even...
Retail Inflation In India Hits Record Low
Retail inflation in India hit a record low in June, according to government data released Wednesday, reflecting a...
US Manufacturing Activity Expands In June
US manufacturing activity expanded in June with big jumps in all the key components, including production, new orders...
US, European Stocks Tumble; Euro Hits 13-Month High
US and European stocks tumbled Thursday amid unease over hawkish commentary from central banks, while the euro rose to...
US Car Sales Still Strong, Shifting To Used Vehicles
While new car sales have slipped from 2016, robust demand for used vehicles means US car dealerships will still see...
Euro Hits Year-High Against Dollar; US Stocks Bounce
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks...
US Existing Home Sales Rebound In May As Prices Rise
Sales of existing homes rebounded in May after April's surprise dip, and prices edged higher, according to industry...
Gulf States Prepare For VAT In Time of Crisis
Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as...
Pound Firms, Oil Drops As Markets Await British Vote, Comey Hearing
The pound climbed Wednesday on the eve of the British general election, while oil prices fell hard after a US inventory...
US Services Sector Growth Slows In May
The huge US services sector slowed in May, amid a dramatic decline in key categories including export orders, imports,...
US Private Sector Hiring Surges In May
Private US companies hired at a blistering pace in May, accelerating from the pause in April back to the trend of the...
Bangladesh Customs Hit Gold Bonanza In Unlikely Places
Bangladesh detectives hit the jackpot when they stopped Mohammad Belal at Chittagong airport carrying some surprising...
US Existing Home Sales Fall In April
Sales of existing homes fell in April after posting a 10-year record in March, depressed by the "stubbornly low supply"...
EU’s Barnier Will ‘work To Avoid’ Brexit Hard Border
The EU's chief Brexit negotiator has emphasised there will have to be some form of customs controls between NI and the...
Spending Squeeze To Worsen, Warns Bank
Bank of England governor Mark Carney has warned of a consumer spending squeeze this year as inflation rises and real...
US Jobs Growth Accelerates In April
Figures from the US Department of Labour also showed the unemployment rate dropped slightly to 4.4%, compared with 4.5%...