Tag: Economic Growth


Less than 3% world economic growth predicted due to geopolitical divisions and US bank failures – IMF chief

April 6, 2023

Via: Sky News

The growth is down from 3.4% last year, and even further below the average of 3.8%, increasing the risk of hunger and global poverty. “Poverty and hunger could further increase, a dangerous trend that was started by the COVID crisis,” […]


US revises down last quarter’s economic growth to 2.7% rate

February 23, 2023

Via: ABC News

The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said Thursday in a downgrade from its initial estimate. The government had previously estimated that […]


Inflation Fears Drove Larger Fed Rate Increase

July 6, 2022

Via: The Wall Street Journal

Federal Reserve officials agreed at their meeting last month they would have to raise interest rates faster and to levels high enough to slow economic growth because of the worsening inflation picture. Officials voted to raise their benchmark rate by […]

Finance Tech, Trading

Wall Street rallies as growth stocks rebound; Twitter slides

May 13, 2022


Growth stocks led a rebound in Wall Street’s main indexes on Friday in a week marred by worries about the worsening outlook for economic growth, while Twitter sank after Elon Musk put his deal for the social media company on […]


These counties are experiencing the slowest economic growth in every state

February 22, 2019


Over the nearly 10 years since the end of the Great Recession, economic news has been largely positive. Economic growth is heavily influenced by job growth, and the U.S. economy has added jobs for the last 100 consecutive months. The […]

Finance Tech, Trading

Warning signs rise for stock market’s record-setting run

July 19, 2018

Via: ABC News

The current bull market in stocks is a month or so away from becoming the longest in history. If it happens, then what? Many along Wall Street expect the rally that began in March 2009 to eclipse the 1990-2000 run […]


Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty

April 23, 2018


By several measures, the United States is in a period of historic economic growth and prosperity. Major stock market indices have hit record highs, unemployment is at a near two-decade low, and we are in the midst of what may […]

Finance Tech, Liquidity, Trading

Dollar fall weighs on global stocks; US shut for holiday

January 15, 2018

Via: ABC News

Global stock markets were mostly lower on Monday as the dollar weakened across the board, pinching the outlook for export-driven regions like Europe. The U.S. was due to remain closed for a holiday. KEEPING SCORE: Britain’s FTSE 100 shed 0.1 […]


Inflation is back, but economy remains weak

March 16, 2017


If the Federal Reserve had any doubts about raising interest rates, the government’s latest inflation data should help put them to rest. As Fed policymakers wrapped up their latest two-day meeting, the central bank was widely expected to boost interest […]


Here’s why economists keep getting it wrong

June 22, 2016


Consider: –The economist Greg Mankiw had an essay in the New York Times last week on five theories as to why growth has been so sluggish for so long (Greg’s focus was on the US, but it could have applied […]


Economic View: One Economic Sickness, Five Diagnoses

June 20, 2016

Via: The New York Times

Economists, like physicians, sometimes confront a patient with an obvious problem but no obvious diagnosis. That is precisely the situation we face right now. Let’s start with the problem. There is no simple way to gauge an economy’s health. But […]