Allies and Veterans Commemorate 80th Anniversary of D-Day
On Thursday, France, the UK, the United States and their allies honored the heroes of D-Day, who came ashore in…
City of Alameda Halts Climate Tech Experiment Aboard a WWII Carrier
The City Council in Alameda, California has put an end to a scientific experiment aboard the WWII carrier USS Hornet,…
Eurozone retail sales dropped in April as lacklustre trend continues
After a decent March, retail got another reality check in April with a decline in retail trade of 0.5% month-on-month,…
ECB cuts interest rates by 25bp
They did it. The European Central Bank just announced the probably best telegraphed start of an easing cycle ever. As…
US trade deficit widens in April
The U.S. trade deficit widened in April as a jump in imports outpaced a slight increase in exports. The trade…
BOJ chief Ueda reaffirms resolve to trim bond buying
Bank of Japan Governor Kazuo Ueda said the central bank should reduce its huge bond purchases as it moves toward…
UK firms’ wage growth expectations fall sharply, BoE survey shows
British businesses’ expectations for wage growth over the coming year fell sharply last month, according to a Bank of England…
US weekly jobless claims rise, Q1 labor costs revised lower
The number of Americans filing new claims for unemployment benefits increased last week and unit labor costs rose by less…
Three takeaways from yesterday’s ECB meeting
They did it. The European Central Bank cut interest rates by 25bp, bringing the deposit rate down to 3.75%. This…
ECB cuts rates, keeps next move under wraps
The European Central Bank cut interest rates for the first time in five years on Thursday but kept investors in…