New home sales in the States slid last month, alongside a drop in prices.
Billionaire investor and philantropist George Soros is leading a call from other billionaires and heiresses including Regan Pritzker and Abigail Disney to have the government introduce a "moderate" tax on wealth in order to address income inequality, climate change and public health issues.
Donald Trump has taken another swipe at the Federal Reserve, claiming that the Dow Jones Industrial Average could have been “thousands of points higher" if the central bank had not ‘blown it’.
Moody's has reduced its outlook on Fresnillo's debt to 'stable' from 'positive' citing negative free cash flow expectations and the company's exposure to Mexico.
Public sector borrowing was £5. 1bn in May - higher than expected and £1bn more than a year earlier, official figures showed.
European Union leaders decided on Thursday to extend the bloc's economic sanctions on Russia over the ongoing turmoil in Ukraine into 2020 .
Factory sector activity in the US mid-Atlantic region cooled a tad last month amid worries over global trade frictions, mainly between the US and Mexico, but some economists were expecting a rebound following the recent resolution of that dispute, subject to a thawing in the trade relationship between Washington and Beijing.
The Bank of England has left interest rates unchanged, it announced on Thursday, despite acknowledging that the outlook for the UK economy had weakened.
Italy has earmarked more than €5bn to pay down debt as it looks to avoid being sanctioned for breaking European Union fiscal rules.
The Federal Reserve kept rates on hold on Wednesday, but central bankers in Washington D. C. noted that "uncertainties" around the economic outlook had increased, with one rate-setter, James Bullard, breaking ranks and voting for an immediate 25 basis point reduction in the Fed funds rate.
Consumer level inflation slowed a tad last month, led by a seasonal decline in air fares and a drop in new car prices, but some economists still saw scope for Bank to hike interest rates before the year was out.
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Annual inflation in the eurozone eased to its weakest rate for a year in May, putting further pressure on the European Central Bank to take action.
Policymakers at the European Central Bank "are not resigned" to a low rate of inflation for longer or "even for now", Mario Draghi said.
The Empire State Manufacturing Index has tumbled into negative territory after recording the largest monthly decline on record.
Eurozone labour costs increased in the first quarter, as wage growth picked up across the bloc, official data showed on Monday.
Deutsche Bank will form a "bad bank" as part of a serious overhaul of its operations as chief executive Christian Sewing looks to turn the German lender away from investment banking.
Russia's central bank took back its late 2018 pre-emptive interest rate hike as it revised its near-term forecasts for inflation and economic growth lower, leaving the door open to a another rate cut at one its next board meetings and a possible shift to a "neutral" policy before mid-2020.
US industrial production rose more quickly than expected last month, led by a jump in utilities output.