Economy - Page 18

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

April 16, 2026

China’s Economy Started Strong, But Risks Are Building

China opened the year with stronger-than-expected economic growth, helped largely by resilient exports and solid industrial activity. Gross domestic product expanded by 5% in the first quarter, accelerating from 4.5% in the

April 15, 2026

China Exports Slow As Iran War Clouds Demand

China’s export machine lost momentum in March, offering a fresh sign that the global backdrop is becoming less supportive for one of the country’s most important growth engines. Overseas shipments rose by

April 10, 2026

Consumer confidence hits a new low

American consumers turned sharply more pessimistic in April as the economic fallout from the Iran war fed through into sentiment, inflation fears and confidence in the months ahead. The latest University of

Canada’s Employment Decline Reflects Tariff Uncertainty

by Jamie Spencer

Canada’s Job Market Takes a Hit in March Canada’s labor market showed signs of significant stress in March, as total employment fell and the unemployment rate ticked upwards. The country lost a

April 4, 2025

Vietnam Pledges Economic Growth Despite U.S. Tariffs

by Jamie Spencer

Vietnam’s Commitment to Growth Amid U.S. Tariff Challenges Despite facing a daunting 46% tariff on its exports imposed by the U.S., Vietnam’s Prime Minister, Pham Minh Chinh, has vowed to maintain the

April 3, 2025

canada-swings-to-trade-deficit-as-exports-and-imports-stay-high

Canada Swings to Trade Deficit as Exports, Imports Stay High

by Jamie Spencer

Trade deficit in February reflects inventory buildup amid tariff fears Canada unexpectedly posted a trade deficit of C$1.52 billion ($1.08 billion) in February, reversing the previous month’s surplus of C$3.13 billion, according

April 3, 2025

Fed Officials Caution on Rates Amid Inflation Risks

by Jamie Spencer

Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy

April 1, 2025

Eurozone Inflation Eases, ECB Rate Cut Likely

by Jamie Spencer

March data fuels speculation of April policy shift Eurozone inflation slowed for the second consecutive month in March, coming in at 2.2%, down from 2.3% in February and reinforcing expectations that the

April 1, 2025

Gold Breaks $3,100 as Tariff Fears Mount

by Jamie Spencer

Record high driven by Trump policies and geopolitical turmoil Gold prices surged to an all-time high on Monday, topping $3,100 per ounce for the first time amid fears over U.S. President Donald

March 31, 2025

Goldman Sachs Warns of Higher Recession Risk

by Jamie Spencer

Tariffs, inflation, and confidence shocks drive economic forecast shift The US economy faces heightened recession risks as escalating tariffs under President Donald Trump’s administration threaten to stunt growth, rekindle inflation, and lift

March 31, 2025

Trump Auto Tariffs May Add $10K to Car Prices

by Jamie Spencer

New 25% levy targets imported vehicles and parts President Donald Trump on Wednesday announced a 25% tariff on imported cars and key auto parts, effective April 3. The new measure adds to

March 28, 2025

Irish Consumer Confidence Dives on Trade War Fears

by Jamie Spencer

Sentiment hits lowest level in nine months amid tariff threats Consumer sentiment in Ireland dropped sharply in March, hitting a nine-month low as concerns mounted over the possible fallout from a U.S.-Europe

March 28, 2025

U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook

by Jamie Spencer

Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The

March 27, 2025

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