What parts of the world have seen the best economic performance lately? Here is a ranking of countries with the strongest GDP growth over the past 3 months:
While the Federal Reserve's decision to once again leave interest rates unchanged last month was widely anticipated, the vote on the decision and the accompanying statement was unusually divided. The minutes of the Fed's April 28-29, released Wednesday afternoon, provided some additional details about officials' mixed views about the outlook for rates.
The Treasury Department announced the results of this month's auction of $16 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted below average demand. The twenty-year bond auction drew a high yield of 5.122 percent and a bid-to-cover ratio of 2.55. Last month, the Treasury...
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. tumbled by much more than expected in the week ended May 15th. The report said crude oil inventories plunged by 7.9 million barrels last week after slumping by 4.3 million barrels in the...
Luxembourg's unemployment rate held steady for the third straight month in April. The seasonally adjusted jobless rate came in at 6.3 percent in April, the same as in the previous three months. In the corresponding month last year, the rate was 5.9 percent. The number of unemployed people was 20,265 compared to 20,323 in the previous month.