This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago February 26, 2024, 12:01 AM ET • 3 min read NEW YORK — This year looks to be a much better one for the U.S. economy than business economists were forecasting just […]

TOKYO — Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank at an annual rate of 0.4% in October to December, according to Cabinet Office data on real GDP, though it grew 1.9% for all of 2023. It […]

US President Joe Biden visits Emmaus Run Inn in Emmaus, Pennsylvania, on January 12, 2024. Biden is visiting several small businesses to tout his Bidenomics economic plan. Mandel Ngan | AFP | Getty Images Asia largely downAsia-Pacific markets mostly fell Friday as electric vehicle stocks in the region dropped for a second day, tracking the […]

New York CNN  —  The writing was on the wall for a recession in 2023. At this time last year, sky-high inflation was barely budging, leaving the Federal Reserve with no choice but to continue hiking interest rates. The S&P 500 was well into

Federal government shutdowns have become so common in recent years that forecasters have a good read on how another one would affect the American economy. The answer is fairly simple: The longer a shutdown lasts, the more damage it is likely to inflict. A brief shutdown would be unlikely to slow the economy significantly or […]

The odds of the U.S. tipping into a recession by mid-2024 have fallen significantly in recent months as economic and

Early this year many economists held a very grim view about the prospects for reducing inflation without a major economic slowdown and a big rise in unemployment. One prominent economist declared that underlying inflation was at least 4.5 percent and that “all the hoped-for saviors” — that is, forces that might bring inflation down painlessly […]

U.S. bond investors revise recession bets Economic resilience, fiscal concerns boost yields Some take more risks by shifting Treasuries allocations But new trades come with caveats due to macro uncertainty

How U.S. Drug Companies Could Tip Europe Into Recession  The Wall Street Journal Source link

This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: US may already be in recession; Faster inflation in Japan may not spur looser monetary policy; China posts lower-than-expected Q2 growth. 1. Key US index points to recession A 15th monthly fall in a row for an […]

Current track