International Economic
Pelosi calls for $2tn to be spent on US infrastructure
US House Speaker Nancy Pelosi on Thursday said an infrastructure bill under development by Democrats will cost in excess of $1tn.
US wholesale prices jump in March, but underlying figures point to softness
Wholesale prices bounded past forecasts last month, but a closer look at the figures revealed the core measures of inflation were pointing to some softness ahead.
US jobless claims fall to near 50-year low
The number of Americans filing for unemployment benefits unexpectedly fell last week, to a near 50-year low, according to data from the Labor Department.
China and US agree on trade enforcement mechanism, says Mnuchin
US Treasury secretary Steven Mnuchin said on Wednesday evening that China and the US have agreed to set up trade enforcement offices in both countries in order to monitor compliance with any trade deal, suggesting that an end to their trade war is close.
UK middle class households struggling to maintain economic status
Middle-class households around the world, but also in the UK, are struggling to maintain their economic status and lifestyles as stagnating incomes fail to keep up with the rising cost of housing and education, warned the Organisation for Economic Cooperation and Development in their latest report.
Julian Assange arrested at Ecuadorian embassy in London
WikiLeaks founder Julian Assange was arrested at the Ecuadorian embassy in London on Thursday.
China inflation jumps in March, but only as expected
Chinese consumer prices picked up in March as food inflation bounced back following a big Lunar New Year induced slowdown during the previous month.