GDP
IMF has gloomy outlook for world economy: ‘Without a course correction, we are indeed heading for ‘the Tepid Twenties”
Business
Strong economic activity in the United States and emerging markets is projected to help drive global growth by about 3% this year, ...
Jerome Powell plans to cut interest rates despite persistent inflation
Business
Charles Gasparino Business By Charles Gasparino Published Feb. 17, 2024, 4:04 p.m. ET Wall Street Fed watchers believe that Jerome Powell will ...
Fed’s Beige Book finds signs of cooling labor market across most of the country
Business
Published: Jan. 17, 2024 at 2:22 p.m. ET There were signs that the labor market was cooling in nearly all regions of ...
Argentine President Milei warns economic shock unavoidable in maiden speech
World
BUENOS AIRES, Dec 10 (Reuters) – Argentina libertarian economist Javier Milei took office on Sunday warning in his maiden speech that he ...
US consumer spending cools; labor market gradually slowing
Business
Consumer spending increases 0.2% in October Personal income gains 0.2%; saving rate climbs to 3.8% Core PCE price index rises 0.2%; up ...
US third-quarter growth revised higher; corporate profits rise strongly
Business
Third-quarter GDP growth raised to 5.2% rate from 4.9% Consumer spending revised lower Corporate profits increase 4.3% WASHINGTON, Nov 29 (Reuters) – ...
At APEC, Biden touts workers’ rights, stable Chinese relations
U.S.
SAN FRANCISCO, Nov 16 (Reuters) – U.S. President Joe Biden on Thursday said he would keep working to advance a Pacific trade ...
Fed leaves rates unchanged, acknowledges US economy is ‘strong’
Business
Central bank’s policy rate remains in 5.25%-5.50% range Fed says economy grew at ‘strong’ pace in third quarter Traders add to bets ...
Asia’s factories squeezed as China’s nascent recovery teeters
Business
Employees work at the production line of aluminium rolls at a factory in Zouping, Shandong province, China November 23, 2019. Picture taken ...
China factory activity unexpectedly shrinks in Oct, dents recovery momentum
Business
Manufacturing PMI unexpectedly falls Non-manufacturing PMI falls, as services and construction slow Metals prices and offshore yuan drop on PMI weakness Weak ...