What parts of the world have seen the worst economic performance lately? Here is a ranking of countries with the weakest GDP performance over the past 3 months:
Australia will on Thursday release April numbers for unemployment, highlighting a bust day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 4.3 percent, with the addition of 16,700 jobs following the increase of 17,900 jobs in March. The participation rate is also...
Producer prices in South Korea climbed 2.5 percent on month in April, the Bank of Korea said on Thursday - up from 1.7 percent in March. Individually, prices for agricultural, forestry and marine products slipped 1.0 percent on month, while manufacturing products jumped 4.4 percent, utilities rose...
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...