Consumers breathe a sigh of relief as U.S. inflation forecasts fall
In a potential boon for the economy, consumers in the United States are expecting a less gradual increase in the price of goods and services. According to the Federal Reserve Bank of New York,...
Fed cuts benchmark rates to ease coronavirus impact
After a harrowing week for stock markets, things seem to be turning around. On Monday, the Dow Jones Industrial Average jumped by just over 1200 points, making it the largest single-day gain in its...
A global debt storm is brewing says S&P analysts
Domestic and global debt is now even greater than before the global financial crisis, making the world susceptible to economic and market shocks, S&P Global Rankings has warned.
S&P analysts have found that global debt...
Global stocks dip as economic slowdown fears grow louder
Asian stocks closed in the red on Monday on growing worries of an economic slowdown. European and American stocks are likely to follow suit.
Stocks dropped considerably in Asia as investors reacted to disappointing manufacturing...
Trump seeks $8.6 billion for border wall
The cost of Trump's border wall is more than six times what Congress designated in each of the previous two fiscal years, and 6 percent more than Trump has corralled by invoking emergency powers...
₤600 million lost weekly as UK fails on Brexit plan
The UK Parliament has when again failed to come to an arrangement in the ongoing Brexit saga, and the cost to the country is starting to add up.
The second series of votes on Brexit...
The overlooked catalyst that could trigger a global financial crisis
It has been over a decade since the downfall of Lehman Brothers and the financial crisis which left the world struggling for years after the debt bubble burst, however, the next major decline might...
Markets rebound as traders adapt to trade war rhetoric
Trump shocked markets today following some hopeful remarks regarding the ongoing trade war between the U.S. and China.
Major U.S. stock indexes rose at the opening bell on Friday, a day after a sharp sell-off,...
Retail layoffs hit highest level since 2009
Retail layoffs are skyrocketing on a mix of an accelerating economic slowdown which is also weighing on the manufacturing sector and technological innovation outpacing the workforce.
A report from job placement company Challenger, Gray &...
Chinese economic growth steady despite trade war
The world's second-largest economy continued to grow in the first quarter, beating expert expectations despite the ongoing trade war with the United States.
China's economy surpassed projections as growth steadied in the first quarter of...
