According to the U.S. Bureau of Labour Statistics, the U.S. unemployment rate fell to 3.4% in the previous month. The …
The IMF increases the 2023 economic outlook for Asia, sees China and India making up half of global growth
The International Monetary Fund raised its estimation for Asia-Pacific, saying the region’s growth will be extensively driven by China’s recovery …
Fed Governor Bowman casts doubt on the need for a U.S. digital dollar.
Bowman said in a speech that a central bank digital currency (CBDC) could interfere with the users’ privacy and harm …
The IMF says U.S.-China tensions could cost the world about 2% of its output
The International Monetary Fund warned in its report that “companies and policymakers around the world are exploring several ways to …
The key Fed inflation indicator increased by 0.3% less than anticipated in February
On Friday, the Commerce Department reported that, “The personal consumption expenditures price index excluding food and energy increased 0.3% for …
Goldman Sachs reduced its GDP forecast due to concerns about small banks, which are critical to the US economy
On Wednesday, Goldman Sachs lowered its economic growth forecast for 2023, commending a pullback in lending from small to medium-sized …
How China’s changing growth situation might affect international markets
David Roche, president of Independent Strategy, announced that China’s economy will be forced to modify because of a “fractured” global …
The OECD says the global economic outlook will be “slightly better’ in 2023, but inflation risks will linger.
Cormann told CNBC’s “Street Signs Asia” that “The outlook for the world is slightly brighter at the beginning of 2023 …
Consumer debt hits a record of $16.9 trillion as delinquencies also rise.
According to a report by the New York Federal Reserve, consumer debt hit a fresh record while negligence rates rose …
Here’s where the jobs will be during the rolling recessions
Recession-like conditions spinning through the U.S. economy are likely to cause more wavelets through an otherwise powerful jobs market. “Rolling …