UK Moves Toward Recession
The gross domestic product of the United Kingdom fell in April, another sign the world's economies have become sluggish. The drop also probably was driven by trouble created by Brexit.
Economy
All Economy Articles
Newest first · Page 128
IMF Warns U.S. Trade War With China Threatens Global Growth
Christine Lagarde, Managing Director of the International Monetary Fund (IMF), said what almost every economist already knows. At the Group of 20 meeting of Finance Ministers and Central Bank Governors, she said that threats…
Household Wealth Rose by a Stunning 4.5% So Far in 2019
The net wealth of households rose by almost 5% during the first quarter of 2019. This means that all that stock market selling and volatility at the end of 2018 that ate into household…
Fitch Downgrades Mexico
Trade tensions and oil: these are the reasons rating agency Fitch downgraded Mexico's sovereign debt to BBB. It was an insult of sorts to a country.
Fed’s Beige Book Shows Businesses Discounting Tariff Pressure, For Now
How businesses react to tariffs, trade war impact from China, Trump trade policy
US-China Trade War Could Cost Global GDP $455 Billion
IMF chief Christine Lagarde has a message to G-20 finance ministers and central bankers ahead of this weekend's meeting in Japan: embrace trade, innovation and openness.
ISM Nonmanufacturing Report Refutes Weak ADP Payroll Trends for May
After a weak jobs report from ADP, a report from the Institute for Supply Management is signaling that the U.S. economy and jobs market remained healthy in May.
One of Asia’s Smallest Countries Now Has a More Competitive Economy Than the US
Singapore, the small island nation, has taken the crown of the most competitive economy in the world, according to an annual, widely followed, study. The United States dropped to third place.
Cars, Planes, Machinery Lead Plunge in New Factory Orders
New orders for U.S.-manufactured goods fell for the second time in three months in April while shipments dipped for the first time in three months.
Fed Chair Powell Evaluates Changes to Fed Policies and Toolkit
Federal Reserve Chair Jerome Powell spoke at the Federal Reserve Bank of Chicago on Tuesday, at the Conference on Monetary Policy Strategy, Tools and Communications Practices.
Manufacturing Growth Sees Substantial Softness
The Institute for Supply Management has released its Manufacturing ISM Report on Business, showing that economic activity expanded in the manufacturing sector in April.
Artificial Intelligence May Soon End Traffic Jams
A new road traffic information system combines historical with real-time traffic data for every road in the world.
Why NABE Thinks a Recession Is Off the Menu in 2019
The National Association for Business Economics released its survey for the month of May, and despite overarching concerns about recession and trade wars the panel saw a favorable outlook in the short term.
This Is the Fastest Growing City in America
The fastest growing city in America last year was a modest-sized one in Arizona, according to new Census data.
Atlanta and New York Federal Reserve Banks Point to Much Slower GDP Trends
It's too soon to be looking for an economy-crushing recession, but the reality is that growth looks like it should be a lot slower in the second quarter of 2019 and perhaps later in…