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
(The Center Square) – Federal data released Friday showed that inflation remains elevated. The figures came out on the heels of other data showing the U.S. Gross Domestic Product underperformed in the first quarter of this year. Both the inflation and GDP data points raised concerns among economists and renewed criticism of President Joe Biden among Republicans. “Given the elevated levels of inflation – and this is the new normal for 2024 – the market is going to...
By Tami Luhby, CNN (CNN) — Though polls show that Americans are feeling somewhat better about the economy and their personal finances these days, the mood is still pretty glum. CNN wants to hear your thoughts, and in particular, whether your views will influence your vote for president this fall. A CNN journalist may contact
By Tami Luhby, CNN (CNN) — Though polls show that Americans are feeling somewhat better about the economy and their personal finances these days, the mood is still pretty glum. CNN wants to hear your thoughts, and in particular, whether your views will influence your vote for president this fall. A CNN journalist may contact
By Tami Luhby, CNN (CNN) — Though polls show that Americans are feeling somewhat better about the economy and their personal finances these days, the mood is still pretty glum. CNN wants to hear your thoughts, and in particular, whether your views will influence your vote for president this fall. A CNN journalist may contact
The Federal Government’s economic and monetary policies may have widened the gap between the rich and the poor in the past nine months.
Chartered Institute of Bankers of Nigeria, CIBN, has expressed support for the ongoing banking recapitalization exercise saying it will empower banks to lend more to the economy.
The USA and Nigeria plan to discuss the digital economy and AI partnerships. U.S. officials will meet in Abuja and aim for a Lagos AI conference. More robust economic ties are envisioned, and AI governance is stressed.
The Minister of Finance and Co-ordinating Minister of the Economy, Mr Wale Edun, has told global investors that the bold reform policies being initiated by the President Bola Tinubu administration has set the country on a firm path of accelerated economic growth.
By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing
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.
The International Monetary Fund has reviewed upwards Nigeria’s economic growth forecast for 2024 from three per cent to 3.3 per cent. This revision was announced in the IMF’s World Economic Outlook for April, which was released during the ongoing 2024 Spring Meetings of the World Bank and IMF in Washington, United States. The updated forecast Read More