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Wall Street betting odds for a negative Q1 GDP print have surged to 65% ahead of the official release. Steno Research warns tariffs could trigger a 2020-style economic shock as manufacturing and ...
WASHINGTON (Reuters) - U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and 2022 amid downgrades mostly to consumer ...
On paper, these are good times for the U.S. economy. The latest GDP numbers show growth was at 3.3 percent in the second quarter. Business investment is up. The unemployment rate remains low, and the ...
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The US economy’s rebound in the second quarter was stronger than previously reported, thanks to consumers who stepped up ...
In the 2024 election, Donald Trump won 312 electoral votes to Kamala Harris' 226 electoral votes. Each candidate sought to present themselves as the better steward of the economy. But President-elect ...
Global debt remained above pre-pandemic levels in 2021 even after posting the steepest decline in 70 years, underscoring the challenges for policymakers. Total public and private debt decreased in ...
In recent decades, the engine of the world economy has been the spectacular growth of China. From 1980 to 2020, fully one-quarter of the increase in global GDP was due to China’s growth, outstripping ...
As Share of GDP, Global Aid to 26 Low-Income Economies Falls to 21-Year Low WASHINGTON, October 13, 2024—The world’s 26 poorest economies—home to about 40 percent of all people who live on less than ...
In response to instability in the Middle East and Russia’s illegal annexation of Crimea, NATO leaders agreed in 2014 to aim to commit 2% of their GDP to defense spending by 2024. In 2020, nine NATO ...