U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank.
Clean energy added about US$320 billion to the world economy last year, accounting for 10% of global GDP growth in 2023, according to a study from the IEA.
What happens when there's slow economic growth and high inflation? Economists call that "stagflation," and given the slowing growth in the first quarter of 2024 and the higher inflation in February and March, we may be reliving that ghastly economic phenomenon.
Policy continuity is crucial if it wants to be the world's fastest growing economy for the next five years, Rob Subbaraman of Nomura said.
"Higher rates are intended to cool consumer demand; the trouble for the Fed is: it's not working."
The German private sector returned to growth at the start of the second quarter, the latest HCOB ‘flash’ PMI® survey compiled by S&P Global showed, driven by a solid rise in services business activity. Although manufacturing remained in contraction, the rate of decline in factory production eased
Former Youngstown mayor Jay Williams returned this weekend to participate in the Men’s Rally in the Valley.
Guatemala City, Apr 28 (Prensa Latina) The Bank of Guatemala (Banguat) today projects a 5% growth in exports for 2024, which represents a recovery from last year's 9.4 percent drop. The post Guatemala forecasts 5% export growth in 2024 first appeared on Prensa Latina.
You think you figured it out with one watch? Think again. "Challengers" co-star Zendaya says viewers should see the steamy drama at least twice.
Chinese vendor ZTE booked modest profit and revenue gains in the opening quarter of 2024, highlighting a shift beyond its core telecoms business as domestic operators encounter pressure from a downbeat investment environment.
The French economy grew more than expected in the first quarter, official data showed on Tuesday, delivering good news to a government facing scrutiny over the country's huge debt pile.
The investment intends to introduce a number of customer service improvements, including the use of biometric voice tech and enhanced self-service capabilities. : Bank of Ireland announces €34m customer service investment