U.S. GDP Grows at Annual Rate of 2.8 Percent in Q2

U.S. GDP Grows at Annual Rate of 2.8 Percent in Q2

TEHRAN (ANA)- The U.S. gross domestic product (GDP) growth rate rose at an annual rate of 2.8 percent in the second quarter of this year, the U.S. Department of Commerce reported in an "advance" estimate.
Brazil Tax Collection Up 9 Percent in First Half of 2024

Brazil Tax Collection Up 9 Percent in First Half of 2024

TEHRAN (ANA)- Brazil's revenue collection hit a record high of 1.289 trillion reals (228.57 billion U.S. dollars) in the first half of the year, up by 9 percent year on year, the Federal Revenue service said in its latest report.
Argentina to Stop Expanding Monetary Base to Reduce Inflation

Argentina to Stop Expanding Monetary Base to Reduce Inflation

TEHRAN (ANA)- Argentina will stop expanding its monetary base to reduce inflation in the country, Argentine Economy Minister Luis Caputo said.
Mexico Sees over 1 Billion US Dollar Trade Deficit in June

Mexico Sees over 1 Billion US Dollar Trade Deficit in June

TEHRAN (ANA)- Mexico saw a trade deficit of almost $1.04 billion in June, according to the country's statistical authority data.
Venezuelan Crude Oil Production Hits New Record for 2024 in June

Venezuelan Crude Oil Production Hits New Record for 2024 in June

TEHRAN (ANA)- Venezuela in June registered its highest crude oil production so far this year, according to a monthly report by the Organization of Petroleum Exporting Countries (OPEC).
US Consumer Sentiment at Lowest Level in 8 Months

US Consumer Sentiment at Lowest Level in 8 Months

TEHRAN (ANA)- US consumer sentiment in July stood at its lowest level in eight months, according to the final results from the University of Michigan's consumer survey released.
Canada Sees $3.9B Budget Deficit in April-May

Canada Sees $3.9B Budget Deficit in April-May

TEHRAN (ANA)- Canada recorded a budget deficit of $3.9 billion in the April-May period of this year, marking the first two months of its 2024-25 fiscal year, the Department of Finance said.
U.S. Solar Industry Faces Stormy Skies as Bankruptcies Surge

U.S. Solar Industry Faces Stormy Skies as Bankruptcies Surge

TEHRAN (ANA)- The once-booming solar industry in the United States is now grappling with an unprecedented wave of bankruptcies and financial distress as companies large and small struggle to weather a perfect storm of economic headwinds, policy changes, and market challenges.
Tesla Posts Q2 Results with Increased Revenue, Declined Net Income

Tesla Posts Q2 Results with Increased Revenue, Declined Net Income

TEHRAN (ANA)- U.S. electric vehicle maker Tesla reported a revenue of 25.5 billion U.S. dollars in the second quarter of fiscal 2024, up 2 percent over a year ago.
Canada's CPI Rises 2.7 Percent in June

Canada's CPI Rises 2.7 Percent in June

TEHRAN (ANA)- Canada's Consumer Price Index (CPI) rose 2.7 percent on a year-over-year basis in June, down from a 2.9 percent gain in May, Statistics Canada said.
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