The United Nations' World Economic Situation and Prospects (WESP) 2025 report forecasts a global economic growth rate of 2.8% in 2025, maintaining the same pace as in 2024. This growth projection remains below the pre-pandemic average of 3.2%, signaling a slowed recovery amidst various economic
The year 2025 has brought a series of unprecedented humanitarian crises that demand immediate and sustained international attention. From wars and political instability to natural disasters and climate change, millions of people around the globe are facing severe hardships. This article provides an
With national wages outpacing inflation, mortgage interest rates falling, and labor markets remaining strong, the American economy appears to be on an upswing. Despite these positive national trends, Indiana's economy is still lagging behind, largely because of high interest rates impacting its
The re-election of Donald Trump as President of the United States could have profound implications for the global trade framework. Over the past 75 years, the United States has played a pivotal role in creating and maintaining a rules-based multilateral global trade order. However, Trump's approach
For the first time in two decades, Colorado business leaders have shown greater confidence in the national economy than their own state’s economic prospects, revealing an unexpected shift in confidence. Insights from the Leeds Business Confidence Index (LBCI) for the first quarter of 2025 highlight
Connecticut's fiscal rules, notably referred to as "fiscal guardrails," have been instrumental in shaping the state's financial landscape since their introduction or revision in 2017 to ensure fiscal responsibility. These rules include spending, revenue, and bonding caps that collectively constrain
