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European Markets Climb Higher On Friday
The major European stock markets finished higher on Friday on the back of strong corporate earnings and easing AI concerns.
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203 days ago
U.S. Supreme Court Strikes Down Trump's Sweeping Global Tariffs
Delivering a major blow to President Donald Trump's signature economic policy, the U.S. Supreme Court on Friday struck down most of the president's sweeping global tariffs. The nation's highest court ruled in a 6-3 decision that the International Emergency Economic Powers Act, or IEEPA, does not authorize the president to impose tariffs.
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204 days ago
U.S. New Home Sales Slump In December After Soaring November
New home sales in the U.S. saw a notable pullback in the month of December after skyrocketing in the month of November, according to a report released by the Commerce Department on Friday. The report said new home sales slumped by 1.7 percent to an annual rate of 745,000 in December after soaring by 15.5 percent to an annual rate of 758,000 in November.
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204 days ago
U.S. Consumer Sentiment Improves Much Less Than Previously Estimated February
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by much less than previously estimated in the month of February. The University of Michigan said its consumer sentiment index for February was downwardly revised to 56.6 from a preliminary reading of 57.3. Economists had expected the index to be unrevised.
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204 days ago
U.S. Consumer Prices Rise 0.4% In December, Annual Growth Unexpectedly Ticks Higher
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased by slightly more than expected in the month of December. The Commerce Department said its personal consumption expenditures (PCE) price index climbed by 0.4 percent in December after inching up by 0.2 percent in November. Economists had expected prices to rise by 0.3 percent.
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204 days ago
U.S. Economic Growth Slows Much More Than Expected In Q4
Partly reflecting the longest government shutdown in U.S. history, the Commerce Department released a report on Friday showing U.S. economic growth slowed by much more than anticipated in the fourth quarter of 2025. The report said gross domestic product climbed by 1.4 percent in the fourth quarter after surging by 4.4 percent in the third quarter.
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204 days ago
U.S. GDP Increases Much Less Than Expected In Q4 2025
Economic growth in the U.S. slowed by much more than anticipated in the fourth quarter of 2025, according to a report released by the Commerce Department on Friday.
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204 days ago
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U.S. Consumer Prices Rise Slightly More Than Expected In December
A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased by slightly more than expected in the month of December.
RTTNews
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204 days ago
FTSE 100 Rises To All-time-high
Strong economic updates helped the FTSE 100 benchmark of the London Stock Exchange touch a fresh all-time high.
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204 days ago
UK Private Sector Growth Accelerates To Near 2-Year High
UK private sector rebounded the most in nearly two years in February as new orders registered a robust upturn, flash survey results from S&P Global revealed Friday. The flash composite output index registered 53.9 in February, up from 53.7 in January, to signal the fastest rise in private sector activity since April 2024.
The improvement was driven by a sharper expansion of manufacturing produc
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204 days ago
CAC 40 Hits Fresh Record High
The CAC 40 benchmark that tracks the 40 largest French stocks based on the Euronext Paris rose to all-time high on Friday.
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204 days ago
Pound Rises After U.K. PMI, Retail Sales Data
The British pound strengthened against other major currencies in the European session on Friday, following the release of upbeat U.K. retail sales data for January and flash PMI data for February.
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204 days ago
Antipodean Currency's Slide As Asian Shares Traded Lower
The antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Friday, as Asian stock markets traded lower amid renewed concerns about a military conflict between the U.S. and Iran, with reports suggesting American military intervention may be imminent. Regional trading volumes remained thin amid the Lunar New Year holidays in China and Taiwan.
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204 days ago
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