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Back to flat: GDP growth set to hit zero as the economy struggles to expand
Evening Standard via Yahoo Finance· 33 minutes agoSuch a move would cut the cost of millions of loans and mortgages and free up spending power to give...
Credit Card Spending Sagged Again in April Suggesting American Consumers Are Tapped Out
The Forex Market· 22 hours agoBoth of these data points, along with the crash in retail sales in April and slowing GDP growth...
Australia economy slows to a crawl in Q1, grows 0.1% q/q
KFGO· 7 days agoBy Wayne Cole SYDNEY (Reuters) - Australia's economy slowed to a crawl in the March quarter as high...
Australia GDP disappoints in Q1 on pressure from inflation, interest rates By Investing.com
Investing.com· 7 days agoGDP grew 1.1% year-on-year in the first three months of 2024, according to data from the Australian...
Economists: Why a Trump Presidency Could Lead to "Hyperinflation"
Motley Fool via Yahoo Finance· 7 hours agoTariffs are often used as a tool to protect domestic industries, but do raise goods prices for U.S. ...
Goldman Sachs forecasts what’s next for the Fed’s rate outlook
TheStreet via Yahoo Finance· 15 hours agoThe rise in consumer spending during that quarter was revised down to 2% from 2.5% in the previous...
UK growth outlook brighter as consumer spending set to rebound, says CBI
PA Media: Money via Yahoo Finance· 4 days agoIt marks a upgrade on the CBI’s December predictions for...recover at the start of 2024. “Robust...
Provincial Economies Rounding the Corner
Digital Journal· 5 days agoConsumer spending remains muted and decreasing corporate earnings have hampered businesses’ major investment capacity, according to new research from The ...
Former NC gov: To trim US debt, spread the tax pain. We must all feel it. | Opinion
Durham Herald-Sun via Yahoo Finance· 6 days agoThe national debt is way too high, and soaring higher. Still, consumer spending is solid, and the...
US’ Economic Growth In First Quarter Was Even Worse Than Previously Thought
IJR· 6 days agoThe U.S. economy grew less than previously thought in the first quarter of 2024 amid a slowdown in consumer spending, the Bureau of Economic Analysis (BEA ...