GDP growth might not last, according to economists
The Bureau of Economic Analysis will release its third estimate of second quarter GDP on Wednesday. Its previous…
Scott Bessent’s attempts to suppress interest rates could spark a recession
The bond market can be tricky for even its most sophisticated and well-armed participants. Just witness how Scott…
There are fewer than 4,000 billionaires worldwide, and they now hold a record $15.1 trillion
How many students made up your college cohort? Odds are its about 4,000—the same, if not more, than…
Australia’s economy grows faster than expected, raising RBA interest rate rise risk
Australia’s economy grew 0.4 per cent in the June quarter, slightly beating most economist forecasts and further raising…
Why we still use GDP to measure economic growth
When it comes to measuring whether an economy is growing, Gross Domestic Product (GDP) is basically the gold…
Tariff refunds are juicing corporate profits and GDP, as tailwinds converge to propel growth to 4.3%
The Trump administration has returned more than $100 billion to U.S. businesses and importers that paid his global…
UK Economy Remains Resilient Despite Iran War and Higher Energy Prices
The UK economy grew 0.4 per cent between April and June, official data has revealed, in a sign…
JPMorgan CEO Jamie Dimon Says AI Spending Boom Is Likely to Pay Off
Jamie Dimon is optimistic that the country’s AI spending will pay off. The JPMorgan CEO told CNBC’s Leslie…
Japan trims economic outlook as elevated oil prices weigh on growth
Japan has lowered its economic growth forecast for the current fiscal year, reflecting expectations that higher oil prices…
U.S. Outdoor Recreation Economy Hits $700B
Outdoor Recreation Contributed Nearly $700 Billion to the U.S. Economy in 2024. | Photo: Beaver Creek Resort Outdoor…
A Smaller Labor Force Means a Smaller Economy
In 2024, the U.S. fertility rate reached a new low of 1.6. Net immigration started declining rapidly that…
China’s economy likely slowed down in Q2: Survey
China’s economic growth is predicted to have slowed down in the second quarter of the year, according to…