The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
Tag: Global Economy
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal employees are on the chopping block as President Donald Trump looks to cut staff and programs.
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BANK OF JAPAN HIKES INTEREST RATE TO HIGHEST SINCE 2008
The Bank of Japan (BoJ) has raised its key interest rate by a quarter point to 0.5 percent, its highest in 17 years.
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U.K. BUSINESSES WILL CUT PAY RAISES, LAY OFF WORKERS TO PAY FOR TAX HIKES
About seven in 10 British employers are “extremely” or “moderately” likely to award smaller pay raises to their workers than planned in order to offset a hike in payroll taxes the government imposed in October, a survey by Incomes Data Research (IDR) found.
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GERMAN, U.K. ECONOMIES SHOW NEW DANGER SIGNS
From 1 September through November, the U.K.’s jobless rate edged up from 4.3 percent to 4.4 percent, its highest since 2021, the Office of National Statistics reported.
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U.K. HEADING FOR “DEBT DEATH SPIRAL”
The U.K. is speeding toward a “debt death spiral,” in which the government will have to borrow more and more money to pay interest on the national debt, Ray Dalio, billionaire founder of the Bridgewater Associates hedge fund, said in a Financial Times interview.
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DOT.COM BUST 2.0? CHINA’S DEEPSEEK MAKES CLAIMS THAT COULD REVOLUTIONIZE AI MARKET…AND CRASH U.S. STOCK MARKET.
Chinese start-up DeepSeek is offering a free AI assistant that it claims to have trained for $6 million instead of the $100-million-plus OpenAI and other Western developers have spent to create their models. Due to the DeepSeek AI announcement, Nvidia lost $589 billion in market value yesterday, the biggest one-day loss ever in the U.S. stock market.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The retail, restaurant, manufacturing, automotive, agricultural, and tech industries will continue to see job cuts this year as demand slows and prices increase.
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GERMANY’S ECONOMY SUFFERED DURING SCHOLZ’S TENURE AS CHANCELLOR
Germany’s elections next month will replace Olaf Scholz as chancellor.
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