Americans are down on the economy and believe the country is headed in the wrong direction. Yet the metrics of economic health are good, and our friends and rivals in Europe and Asia face more troubling prospects.
The Chinese government's report for the first quarter of 2024 was a mixed bag of cause for optimism and systemic issues that continue to drag on economic growth.Newsweek charts based on the latest data from China's National Statistics Bureau illustrate three key bellwethers of the world's second-largest economy.GDPAccording to the new data, China's gross domestic product (GDP) expanded by 5.3 percent year over year, slightly higher than Q4 2023 and beating many economists' expectations.Though...
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China’s economy grew faster than expected in the first quarter of the year with help from policies and stronger demand, though signs of weakness in the troubled housing market persisted. The world’s second-largest economy expanded at a 5.3 per cent annual pace in January-March, beating analysts’ forecasts of about 4.8 per cent, data released on […]
The 2023 presidential candidate of the Labour Party, Peter Obi, and stakeholders in Canada have concluded plans to meet and brainstorm on possible solutions to the worsening insecurity and economic challenges in Nigeria. According to a statement on Monday, the meeting scheduled for May 3, 2024, at Hilton Garden Inn, is being facilitated by the Read More
In 1992, Democratic presidential nominee Bill Clinton famously told American voters who were hurting because of a lousy economy, “I feel your pain.”
Let’s Be Honest: The Economy Is NOT Doing Well Authored by Connor O'Keeffe via The Epoch Times (emphasis ours), The American economy is not all right. But to see why, you need to look beyond the dramatic numbers we keep seeing in the headlines and establishment talking points. Money in a file illustration photograph. (Thomas White/Reuters) Take, for instance, the latest jobs report. For the third month in a row, the American economy added significantly more jobs than most...
A new, disturbing milestone has been confirmed in the latest Forbes World Billionaires List. The U.S. billionaire class is now larger and richer than ever, with 813 ten-figure oligarchs together holding $5.7 trillion. This is a $1.2 trillion increase from the year before — and a gargantuan $2.7 trillion increase since March 2020. The staggering upsurge shows More
After three extended trips to Lebanon as a journalist, I've learned there's
THE Swedish Embassy in Zimbabwe has committed US$2,5 million to foster a supportive environment for enterprise development, job opportunities, and the development To access this post, you must purchase a subscription. Please click the button below to visit our subscriptions page to select a package. Subscriptions
Over the next week, six major banks will be reporting their earnings. Higher interest rates could affect both sides of their balance sheets.
The Fed’s view that recent high readings of inflation were part of a bumpy trip back to 2% inflation needs to be revisited. After another poor inflation number, rate cuts are on ice indefinitely, with the probability the Fed won’t be able to cut in 2024 at all rising significantly.