Because the U.S. economy is showing signs of strength and stability, the U.S. Federal Reserve will take its time to assess conditions before deciding when, and how quickly, to continue reducing its interest rates, Fed chair Jerome Powell said in a 14 November Dallas speech.
The economic landscape has presented an array of challenges that have profoundly affected the business community.
The economic landscape has presented an array of challenges that have profoundly affected the business community.
The economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
The world’s debt burden, already high and still growing, coupled with “anemic” economic growth are hobbling the global economy, Kristalina Georgieva, the International Monetary Fund’s managing director, said in a 17 October CNBC interview.
Top-line inflation in the U.S. fell to 2.4 percent in September. Goldman Sachs analysts are speculating that the number could be rounded down to the U.S. Federal Reserve’s 2-percent target when the Bureau of Economic Analysis releases the updated Personal Consumption Expenditures Price Index on 31 October.
Worldwide public debt will exceed $100 trillion before this year is over, rising to 93 percent of the globe's total economic output, according to a new study by the International Monetary Fund (IMF).
In the third quarter, Volkswagen delivered 7.1 percent fewer vehicles, citing falling sales in China, where buyers are gravitating toward native brands and Chinese electric vehicles (EVs) are higher in quality and lower in price than those from Western makers.
The economic landscape has presented an array of challenges that have profoundly affected the business community.
In the week ending 3 October, jobless workers filed 258,000 new claims for unemployment benefits, the U.S. Labor Department said, the most since early August 2023.