Read More Business Economy Retail sales in the United States have bounced back or recovered.ByMichelle ThompsonDecember 21, 2023 In November, spending at U.S. retailers rebounded after experiencing a decline in October, signaling the ongoing strength of… Read More
Read More Economy Interest rates in the United Kingdom are projected to fall considerably next year when inflation falls to 3.9%ByMichelle ThompsonDecember 20, 2023 The rate fell below the forecasted threshold in November, dropping to its lowest level in more than two… Read More
Read More Business Economy It appears that the United States may have achieved the unexpected feat of avoiding a recession.ByMichelle ThompsonDecember 20, 2023 In recent years, there was a prevailing expectation that the United States would likely experience a recession before… Read More
Read More Business Economy Beijing is making significant efforts to prevent an economic slowdown, but the latest data indicates ongoing disappointment in its economic performance.ByMichelle ThompsonDecember 19, 2023 In recent days, Chinese authorities have escalated their endeavors to stimulate economic growth. However, it appears that these… Read More
Read More Business Economy President Biden’s Chief Economist Expresses Confidence in a Smooth Economic Transition as Concerns about a Recession Diminish.ByMichelle ThompsonDecember 18, 2023 President Joe Biden’s chief economic advisor, Lael Brainard, is growing increasingly optimistic that the American economy will avoid… Read More
Read More Economy The World Bank predicts that China’s economy would rise by 4.5% in 2024ByMichelle ThompsonDecember 15, 2023 According to the report, the outlook is clouded by weakness in the real estate sector and global demand,… Read More
Read More Economy G20 economic growth rises to 0.7% in the third quarterByMichelle ThompsonDecember 14, 2023 Annual GDP growth in the G20 area was 2.9% in July-September, down from 3.6% in April-June, according to… Read More
Read More Economy China’s 2024 economic recovery plan has a significant flaw.ByMichelle ThompsonDecember 14, 2023 China’s top leaders have promised to prioritize economic growth in the coming year. However, the absence of measures… Read More
Read More Economy Annual producer inflation in the United States falls to 0.9% in NovemberByMichelle ThompsonDecember 13, 2023 On a monthly basis, the producer price index stays steady. According to official numbers issued on Wednesday, annual… Read More
Read More Business Economy Argentina is planning to reduce the value of its currency, the peso, by more than 50% as a component of emergency economic reforms.ByMichelle ThompsonDecember 13, 2023 Argentina is set to implement emergency economic measures, including devaluing the peso by more than 50%, according to… Read More