Monthly archive October, 2021

UK Chancellor of the Exchequer Rishi Sunak is set to unveil his Autumn Budget on Wednesday with stringent fiscal rules. The chancellor is expected to increase NHS spending and investment on skill development. The budget announcement is due at 8.30 Read More →

New home sales in the U.S. skyrocketed in the month of September, according to a report released by the Commerce Department on Tuesday. The report said new home sales soared by 14.0 percent to an annual rate of 800,000 in Read More →

A report released by the Labor Department on Thursday showed first-time claims for U.S. unemployment benefits unexpectedly edged lower in the week ended October 16th. The Labor Department said initial jobless claims slipped to 290,000, a decrease of 6,000 from Read More →

After reporting a decrease in U.S. existing home sales in the previous month, the National Association of Realtors released a report on Thursday showing existing home sales rebounded by much more than expected in the month of September.Original Article Read More →

Suggesting the U.S. economy remains on a more moderate growth trajectory compared to the first half of the year, the Conference Board released a report on Thursday showing a modest increase by its index of leading economic indicators in the Read More →

The U.S. dollar firmed against most of its major rivals on Thursday, rebounding from recent losses, as concerns about inflation and supply chain disruptions pushed up the demand for the safe haven currency.Original Article Read More →