The rising conflict in the Middle East isn’t causing an increase in gas prices. However.
Michelle Thompson
The closure of a crucial trade route in the past would have led to a significant increase in…
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Economy
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According to the Fed, price hikes are moderating marginally, although annual inflation remains strong
According to the Beige Book, firms expect price rise to continue to moderate over the next six months.…
Retail sales in the United States experienced a quicker increase in December.
In December, Americans increased their spending at a faster rate, concluding a year marked by surprising economic resilience,…
China’s population experiences a decrease for the second consecutive year, coinciding with economic challenges.
In 2023, China’s population declined for the second consecutive year, exacerbating a significant demographic challenge with far-reaching consequences…
US equities start off the new week with losses
The VIX volatility index, popularly known as the fear index, rose 5.7% to 14.02. US stock exchanges began…
The largest economy in Europe experienced a contraction in the past year, and the future economic prospects do not appear significantly brighter.
Germany’s economy contracted in the past year for the first time since the onset of the Covid-19 pandemic,…
In December, annual producer inflation in the United States rose by 1%, but monthly inflation fell by 0.1%
Annual growth in core producer prices is 2.5%. According to official numbers issued on Friday, US producer inflation…
OECD annual inflation continues to decline, reaching its lowest level since October 2021
Consumer prices rose 5.4% year on year, the weakest rate in over two years. Annual consumer inflation in…
The reasons why 2024 is poised to become the pivotal year for the economy in the 2020s are as follows:
We find ourselves at the beginning of a crucial year for the economy, with some experts believing that…
In November, global air travel reaches 99.1% of pre-virus levels
According to the air transport agency, total aviation traffic is growing at an annualized rate of 29.7%. According…
