The euro-area economy showed surprising resilience, exceeding initial growth estimates and contributing to a stronger global ...
US consumer spending rose in July by the most in four months as stronger income growth bolstered demand in the face of high prices. While Americans continue to spend, the momentum is at risk of ebbing ...
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming from President Trump’s trade war. Global growth in 2025 is ...
SIX MONTHS ago, as President Donald Trump announced a trade war of unprecedented ferocity, firms and investors braced for a slump. Movements in financial markets pointed to a recession. American ...
US employment growth exceeded forecasts while the jobless rate ticked higher in September, illustrating a tenuous labor market that is unnerving American consumers. Despite the healthy advance in ...
The International Energy Agency on Tuesday lowered this year's forecast for global oil-demand growth by 300,000 barrels per day from the March report to 730,000 bpd, with a sharp rise in trade ...
Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
On this episode of The Long View, Neil Shearing, Group Chief Economist at Capital Economics and author, breaks down why he believes that the world is not deglobalizing, what he sees for the US and ...
From 1300 to 1800, economic historians estimate that England and then Britain were in recession almost half the time. The economy was volatile, with storming recoveries following crashing downturns.
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