Tag: economy

Treasury Secretary Janet Yellen wouldn’t rule out the threat of a US recession, saying it’s “appropriate and normal” for growth to moderate and that inflation remains too high. The risk ...

The Bank of England raised its benchmark rate to 5% amid inflation concerns; UK economy faces challenges, but traders expect further hikes.

China cut its key lending benchmarks on Tuesday, the first such reductions in 10 months as authorities seek to shore up a slowing economic recovery, although concerns about the property ...

Despite relaxed Covid-19 measures, China's economic recovery has been less impressive than anticipated, with a weak industrial recovery and lower-than-expected demand for oil impacting global prices.

During a trip to Ghana, Tanzania, and Zambia last month, Vice President Kamala Harris announced more than $1 billion in public and private investments to close Africa’s digital divide–with a ...

Economist Peter Schiff has warned that the U.S. economy is facing stagflation and the situation is going to get worse. “Not only is the economy weakening, but inflation is strengthening,” ...

Biden has always pretended to pay attention to rebuilding the lop-sided economy of the United States. He has always stuck to the idea of redesigning economic practices to make them ...

We're publishing this article in 2023, a year many experts predicted would see the U.S. economy enter a recession. As we wait to see whether the National Bureau of Economic ...

The numbers: The U.S. leading economic index sank 1.2% in March and fell for the 12th month in a row, continuing to signal a recession later in 2023. The decline was ...

When prices surge across various sectors of the economy, you'll start hearing analysts talk about inflation. Inflation is the devaluation of currency over time, meaning as goods and services become ...