Economy - Page 11

The latest news and insights on economic trends and global markets.

December 3, 2025

Australia’s GDP delivers fastest growth in nearly two years

Strong domestic demand lifts expansion despite slight forecast miss Australia’s economy grew 2.1 percent year over year in the third quarter, data from the Australian Bureau of Statistics showed Wednesday. Although slightly

November 28, 2025

Canada records stronger than expected Q3 growth

GDP rebounds despite pressure from U.S. tariffs Canada’s economy expanded at a faster pace than anticipated in the third quarter, driven by higher crude oil exports and increased government spending. Gross domestic

November 28, 2025

Eurozone shows steady growth and controlled inflation

Data supports stable monetary policy outlook Fresh economic figures from across the euro zone indicate that both growth and inflation remain on a stable trajectory. Analysts say this reinforces expectations that the

China Announces Stimulus Measures Amid Trade Talks with U.S.

by Jamie Spencer

In a move aimed at softening the economic impact of the ongoing trade war with the United States, Chinese authorities announced a series of stimulus measures on Wednesday. These steps, including interest

May 7, 2025

Oil Prices Climb Amid Rising Demand and Geopolitical Tensions

by Jamie Spencer

Oil prices rose about 4% on Tuesday, driven by signs of higher demand in Europe and China, geopolitical tensions in the Middle East, and a recovery after prices collapsed to a four-year

May 6, 2025

China Faces Deepening Economic Weakness Amid Deflation

by Jamie Spencer

China’s Struggle with Domestic Oversupply and Declining Demand China’s economy is grappling with growing weakness, compounded by its response to external shocks, particularly tariffs. As international demand for Chinese goods wanes, Beijing

May 5, 2025

U.S. Auto Industry Faces $12,000 Price Impact from Tariffs

by Jamie Spencer

Tariff Impacts on U.S. and Imported Vehicles A Michigan-based economic consulting group, Anderson Economic Group, reported Thursday that U.S. automakers will continue to face significant price impacts despite the softened auto parts

May 1, 2025

Trump’s Economic Struggles: Golden Age vs. Rising Costs

by Jamie Spencer

From “Golden Age” to Warning on Rising Costs In a matter of hours, President Donald Trump shifted from hailing America’s new “golden age” to warning parents that their children might face fewer

May 1, 2025

April Consumer Confidence Plummets Amid Tariff Concerns

by Jamie Spencer

Consumer attitudes towards both the present and future took a significant downturn in April, as escalating tariffs dented sentiment and employment confidence hit levels reminiscent of the global financial crisis. Consumer Confidence

April 29, 2025

U.S. Economy Could Face Recession Due to “Liberation Day” Tariffs

by Jamie Spencer

According to Apollo chief economist Torsten Slok, if President Donald Trump were aiming to engineer a recession by summer, one of the most effective methods would be to announce sweeping “Liberation Day”

April 29, 2025

The Economic Impact of Tariffs and the Likely Recession

by Jamie Spencer

The economic consequences of tariffs imposed by the Trump administration are expected to become apparent to everyday Americans soon, with a potential recession on the horizon for this summer, according to Apollo

April 28, 2025

Canadian Retail Sales Drop in February

by Jamie Spencer

Canadian retail sales experienced a 0.4% decline in February compared to January, totaling C$69.33 billion ($49.95 billion), according to Statistics Canada. The decrease was largely driven by lower sales at motor vehicle

April 25, 2025

US Tariffs on China Could Lead to Empty Store Shelves

by Jamie Spencer

Retailers are warning that President Trump’s continued tariffs on China could result in empty store shelves and supply chain disruptions similar to those seen during the COVID era. After the imposition of

April 25, 2025

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Economy - Page 11