Sustained rise in prices of staple food items in the market, Nigeria has recorded an unprecedented food inflation rate of 40%
Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and servicesConsumer prices ticked up again in March, rising to anywhere from 3.2% to 3.8% year-over-year, depending on the rate you’re tracking. Of course, that’s way down from what it was back in 2022. But don’t tell that to any of my clients – or people running businesses in just about every industry across the country. For them, prices are not only rising but are significantly –...
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
Ramp dives into credit card reconciliation and provides steps to help businesses set up efficient, accurate systems.
GDP will grow just 0.5 per cent in 2024, International Monetary Fund predicts. Analysts also found GDP of UK has largely been boosted by migrant workers. UK slipped into recession at end of last year but is now on its way to recovery
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
The China General Chamber of Commerce (CGCC) held an international dialogue between foreign diplomats and business leaders on Wednesday, aiming to further facilitate multilateral economic cooperation, as the country is vigorously promoting high-level opening-up amid its better-than-expected economic growth in the first quarter of the year.
Rising inflation has led consumers to rethink the idea that inflation was going to come down a lot this year. | Economy
By planning a vacation fund, you can make progress on debt and still enjoy some of the fruits of your labor.
WASHINGTON >> A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid.
BestColleges reports on the growing number of women leading business schools.
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.