Tag US

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French President Macron upset over U.S. energy policies

French President Emmanuel Macron said Friday that U.S. trade and energy policies have led to a “double standard” as Europe is willing to pay higher natural gas prices. France is the last and largest country to withdraw from the Energy…

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U.S. initial jobless claims lower than expected last week

The Labor Department reported that initial jobless claims fell to 214,000 last week, the lowest level in three weeks and below analysts’ expectations of 230,000. Jobless claims are below 215,000, the weekly average before the COVID-19 pandemic in the United…

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Sales of existing homes in the U.S. down for the 8th month

The National Association of Realtors (NAR) reported that existing home sales fell 1.5% month-over-month in September to 4.71 million units, the lowest level since September 2012 and the eighth consecutive month of decline. Year-over-year, existing home sales fell 23.8% in…

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U.S. industrial production increased in September

The Federal Reserve reported that overall U.S. industrial production rose 0.4% in September after falling 0.1% in August. Manufacturing production rose by 0.4% in September, following a 0.4% increase in August. Mining production rose 0.6% in September, while utilities fell…

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U.S. housing confidence index drops for 10th month

The U.S. National Association of Home Builders (NAHB) announced that its Homebuilder Confidence Index fell 8 points in October to 38, marking the 10th consecutive month of decline. In addition, the sentiment index fell below 50, indicating a negative general…

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