Federal job cuts continue under Elon Musk and the Department of Government Efficiency.
Tag: Global Economy
SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
Again, as we have greatly detailed we saw this coming! Back on 2 January of this year we had forecast that Playing The Wild Card would be a Top Trend for 2025... and here we are. And who dealt the Wild Card? It was another one of our Top Trends for 2025... The Trump Card.
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
The U.S. added 228,000 jobs in March, while the unemployment rate rose from 4.1 percent to 4.2 percent, according to the Labor Department’s job report for March.
CANADA’S GROWTH OUTLOOK DARKENS
Canada’s economy will grow at an annualized rate of just 0.7 percent in this year’s second quarter, according to Bloomberg’s poll of 34 economists. In February, the same poll foresaw growth at 1.7 percent.
ECB SHOULD THINK ABOUT PAUSING RATE CUTS, BELGIAN CENTRAL BANKER SAYS
The European Central Bank (ECB) should consider not reducing its key interest rate again at its meeting this month, Pierre Wunsch, the governor of Belgium’s central bank and a member of the ECB’s rate-setting committee, said last week.
EUROPE’S EQUITY MARKETS SKYROCKET IN “HISTORIC” RALLY
As American stock markets stumble under weak consumer spending, waning business confidence, and Donald Trump’s chaotic tariff policies, Europe’s equities are staging what Bloomberg calls a “historic” surge.
GOVERNMENTS, CORPORATIONS TOP $100 TRILLION IN BONDED DEBT
The governments and corporations in the 38-nation Organization for Economic Cooperation and Development (OECD) have more than $100 trillion in bonded debt outstanding, almost as much as the entire world’s GDP, which is between $105 trillion and $110 trillion, a new OECD report has found.
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Federal job cuts continue under Elon Musk and the Department of Government Efficiency with the Department of Health and Human Services leading the count this week with 10,000 layoffs of full-time employees, including 3,500 at the Food and Drug Administration, 2,400 at the Centers for Disease Control and Prevention, 1,200 at the National Institutes of Health and 300 at the Centers for Medicare and Medicaid Services.