Preliminary data from Eurostat showed that the euro zone economy expanded by 0.1% in the fourth quarter. This was contrary to what economists had expected, which was a 0.1% contraction. The most recent figures show that the euro area posted a 0.3% GDP increase for the third quarter of last year. This is a positive sign for the economy, and it is hoped that this trend will continue in the future.

Memory chip prices have been falling steeply over the past year, and they are expected to continue falling in the first half of 2023.

It looks like Russia's seaborne oil flows are on the rise.

Hundreds of thousands of homes participated in an initiative to lower electricity usage for a few hours when energy resources were predicted to be in short supply.A financial incentive was presented as part of the emergency measures, but there is more to it than that. These measures are a glimpse of the decisions and actions that will need to be adopted as the world shifts its energy sources to mainly rely on renewable energy sources that are not always available.

The labor market improved across the U.S. last year, with every state adding jobs. However, the pace of gains varied widely.