Economy

US mortgage rates have seen a significant drop, reaching their lowest point since mid-October, which has led to an increase in home purchase financing. The 30-year mortgage contract rate fell…

Investing.com — Eric Jaffe, CEO of BCA Research, talks with Investing.com about what the outlook for  market research might look like under the incoming Trump administration. Q1. Is there very…

(Reuters) -Northvolt, the Swedish maker of battery cells for electric vehicles, on Nov. 21 filed for Chapter 11 bankruptcy protection in the United States with debts of $5.8 billion and…

Political uncertainty in France is impacting the country’s services sector, according to a recent survey. The HCOB France services Purchasing Managers’ Index (PMI) dropped to 46.9 in November, a decrease…

By Nora Eckert DETROIT (Reuters) -General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 billion on its joint venture in China, one…

In November, the euro zone experienced a sharp decline in business activity, with a significant contraction in the services sector adding to the downturn already seen in manufacturing. The final…

German companies operating in China are experiencing unprecedentedly low business sentiment due to increased competition and a slowing Chinese economy, according to the German Chamber of Commerce in China. A…

Bank of England Governor Andrew Bailey has indicated that a series of gradual interest rate cuts is likely to occur over the coming year, asserting that the decline in inflation…

The Organization for Economic Cooperation and Development (OECD) has revised its economic growth forecast for Germany, predicting a slower rate of 0.7% in 2025, a decrease from the previously projected…