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Here’s why US debt is out of control — and Japanese debt isn’t
The Cointelegraph· 23 hours agoOn the face of it, the United States' debt to GDP ratio doesn’t seem that bad on a global scale. In 2023, it was lower than the average for G7 nations — at 123% — and roughly ...
Signs of Cooling Are Everywhere in the Economy. It Isn’t Just CPI.
Barrons.com· 3 hours agoConsumer spending drives roughly 70% of U.S. GDP. The April sales report also included downward...
US business inventories fall in March
Reuters via Yahoo Finance· 8 hours agoThe drop in inventories, a key component of gross domestic product, was in line with economists' expectations. Inventories increased 0.7% year-on-year in...
Jamie Dimon Sounds Alarm On Ballooning US Fiscal Deficit: 'It Will Cause A Problem' - JPMorgan Chase...
Benzinga· 2 hours agoJP Morgan CEO Jamie Dimon raised concerns about the $1.9 trillion U.S. fiscal deficit, stressing the...
Interest rates alert as Bank of England panel could make several surprise moves
Daily Express· 15 hours agoThe base interest rate could finally drop later this year, an expert has said. The latest GDP...
End of Lee era for Singapore as PM steps down
BBC via Yahoo News· 9 hours agoUnder his watch, Singapore's economy diversified and grew, as the island transformed into an international financial powerhouse and top tourist...
Eurozone economy grows half as fast as UK
Daily Telegraph· 9 hours agoThe eurozone economy is growing half as fast as the UK as Britain bounced back stronger from recession. GDP across the eurozone grew by 0.3pc in the...
EU Commission predicts slow but improving economic growth
dpa international via Yahoo Finance· 10 hours agoThe commission said in a press release that growth in early 2024 "marks the end of the prolonged...
Trade With U.S. Helped Canada Avoid Recession
Barrons.com· 9 hours agoCanada's economy would have likely recorded two consecutive quarters of negative growth were it not for a strong U.S. economy, economists at TD Bank told...
Russia's defense ministry is now helmed by an economist, showing Putin's 'nerds' are performing...
INSIDER via Yahoo News· 15 hours ago"They kept the Russian economy afloat despite crippling Western financial sanctions. They held the...
