Economy The budget deficit is expanding, and interest payments on the national debt will exceed $1 trillion.businessinvestopedia.comSeptember 12, 2024
UK April retail sales fall 2.3% below expectationsBy businessinvestopedia.comMay 24, 20240 People walk in the rain on London Bridge in central London on March 12, 2024.Lucy North – Pa Images |…
Auto insurance rates are up by the most since the 1970s, but that could ease soon.By businessinvestopedia.comMay 23, 20240 New Tesla vehicles are seen lined up in a storage area near a customer pickup location on April 15, 2024…
The possibility of a hard landing for the US cannot be ruled out, and stagflation is the worst outcomeBy businessinvestopedia.comMay 23, 20240 JPMorgan ChaseChairman and CEO Jamie Dimon said the possibility of a “hard landing” in the United States could not be…
Fed officials seem ‘completely clueless’ about inflation, say strategistsBy businessinvestopedia.comMay 22, 20240 The Mariner S. Eccles Federal Reserve Bank Building under renovation in Washington, DC, USA on Tuesday, October 24, 2023.Valerie Plesch…
UK inflation, April 2024By businessinvestopedia.comMay 22, 20240 The war between Russia and Ukraine, major producers of food and energy, has disrupted global production, trade and supplies in…
UK inflation may be on the verge of falling below Bank of England targetBy businessinvestopedia.comMay 21, 20240 Shoppers choose fresh produce at a market stall in the Kingston area of London, England, Monday, May 20, 2024. Bloomberg…
Rising debt and deficits pose a threat to the economy and marketsBy businessinvestopedia.comMay 19, 20240 A view showing the U.S. Capitol building in Washington, USA, May 9, 2024. Kayley Greenlee Beer | Kayley Greenlee Beer…
Some consumers are making big-ticket purchases like pools and mattresses.By businessinvestopedia.comMay 18, 20240 On April 26, 2021, in Gilbertsville, Pennsylvania, a contractor from Oldini’s Best Fiberglass Pools works on a pool installation that…
EU must avoid decoupling ‘disaster’ under China tariffsBy businessinvestopedia.comMay 17, 20240 The European Union must avoid a harmful decoupling of global trade as it considers tariffs on Chinese electric cars and…
ECB’s DeGuindos says markets are underestimating geopolitical risksBy businessinvestopedia.comMay 16, 20240 Europe’s macroeconomic outlook has brightened, but markets may be underestimating the potential for sudden instability from geopolitics, the European Central…
