The U.K. economy expanded at the fastest pace since World War II last year after suffering a milder hit than expected in December. The 7.5% expansion was the largest since…
Tag: Economy
Utah’s economy, population growth booming but labor market still struggling | News, Sports, Jobs
Tim Vandenack, Standard-Examiner Thirty new townhomes and a building housing two or three eateries are coming the Riverbend area north of Park Boulevard in Ogden. The area is…
Banorte: Banks must ignite a sustainable recovery for Mexico’s economy
Transcript As COVID-19 swept the globe, financial institutions with a digital-first strategy stepped to the fore. Marcos Ramírez and Carlos Hank-Gonzalez are respectively CEO and Chairman of Grupo Financiero Banorte;…
The US Economy Grew at Its Fastest Rate Last Year Since 1984
The US economy grew 5.7% throughout last year, the fastest expansion since 1984. That puts Biden in the same ranks as Reagan, who saw similar growth after the early-’80s recessions.…
Biden’s Economy Is Surging but Voters Still See Gloom
The contrast between how the economy is doing on paper and how it feels on the ground has made it difficult for Mr. Biden to capitalize politically on what has…
Consumer prices jumped 8.6 percent in May compared to last year as inflation holds grip on U.S. economy
The Consumer Price index, which tallies the cost of a basket of goods month to month, jumped 1 percent in May compared to the 0.3 percent increase in April —…
For a Smooth-Running Economy, Rule of Law Matters
AUSTIN, Texas — Countries in which courts more easily enforce contracts see less economic volatility overall than nations that don’t adhere as well to the rule of law. That’s the…
An Update on the Economy and Monetary Policy
06.02.22 Loretta J. Mester Philadelphia Council for Business Economics, Philadelphia, PA (via videoconference), June 2, 2022 1:00 p.m. ET (PDF ) I…
US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday…
Main Street is convinced that a recession will hit economy this year
Main Street and Wall Street are often at a distance when it comes to the state of the economy. The likelihood of a recession hitting in 2022 is the latest…
Elvira Nabiullina, Head of the Central Bank, Is Guiding Russia’s Economy
“She’s well-trusted in the government and by the president,” said Sofya Donets, an economist at Renaissance Capital in Moscow who worked at the central bank from 2007 to 2019. In…
Growing alarm over outlook for Biden economy sparks new market rout
That alarm is reflected in the stock market’s turbulence, with the Dow Jones Industrial Average plunging more than 800 points on Tuesday and the Standard & Poor’s 500 Index dropping…