A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
Contrary to popular belief, investment research firm BCA Research anticipates that the economy is teetering on the brink of a…
Category: Economy
Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
The outgoing European Commissioner for Economy, Paolo Gentiloni, stated that the European Union has managed to avoid the dire economic…
Trump plans to nominate Paul Atkins as SEC chair in crypto-friendly move
President-elect Donald Trump, in line with his commitment to a crypto-friendly administration, intends to nominate former SEC Commissioner Paul Atkins…
India’s quarterly growth slumps to a near two-year low, well below expectations
India’s economy grew by only 5.4% in the second fiscal quarter ending September, falling short of economists’ estimates and nearing…
Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, according to the Commerce Department’s report on Friday. The personal consumption expenditures…
Egg prices are rising once again as bird flu limits supply
Egg prices are on the rise, bringing the household staple into focus as consumers worry not only about inflation but…
Here’s where the jobs are for August 2024 — in one chart
The August jobs report revealed weaker-than-expected results, indicating a mixed bag of employment growth across various industries in the U.S.…
UK inflation falls sharply to 1.7%, below Bank of England target for first time in over three years
In the U.K., inflation fell sharply to 1.7% in September, according to the Office for National Statistics. This has increased…
August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says
Private sector payrolls expanded at the slowest rate in over 3½ years in August, indicating a further weakening labor market,…