Economy - Page 25

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

June 1, 2026

U.S. Manufacturing Hits Four-Year High

Factory Activity Beats Expectations U.S. manufacturing activity increased more than expected in May, reaching its highest level in four years as companies rushed to place orders amid rising prices, shortages and disruptions

May 28, 2026

Net-Zero Industries Boost Scotland’s Economy

Green Sector Supports 105,000 Jobs Net-zero-related industries are supporting more than 105,000 jobs in Scotland and contributing £10.2bn to the economy, according to new industry research. The jobs include roles in building

May 27, 2026

Food Insecurity Rises In K-Shaped Economy

New York Fed Warns Of Growing Strain The K-shaped economy is now being linked to a sharp increase in food insecurity, according to a new blog post from the Federal Reserve Bank

Bank of England Cuts Rates, Slashes Growth Forecast

by Jamie Spencer

The Bank of England has halved its UK growth forecast for 2025, expecting the economy to expand by just 0.75%, down from its previous estimate of 1.5%. The downgrade comes as the

February 6, 2025

U.S. Job Openings Drop to 7.6M, Lowest Since September

by Jamie Spencer

Job openings in the U.S. fell sharply in December while hiring, voluntary quits, and layoffs remained steady, according to the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) released Tuesday. Key

February 4, 2025

US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty

by Jamie Spencer

The US economy expanded 2.5% over the past year, according to Commerce Department figures released Thursday, underscoring the solid economic foundation inherited by President Donald Trump. Consumer spending remained strong, supported by

January 30, 2025

ECB Cuts Rates, Signals More Easing in March

by Jamie Spencer

ECB-Cuts-Rates-Signals-More-Easing-in-March The European Central Bank (ECB) cut interest rates on Thursday and signaled another reduction in March as concerns over economic stagnation outweigh persistent inflation fears. This marks the fifth ECB rate

January 30, 2025

France’s Economy Contracts as Political Uncertainty Persists

by Jamie Spencer

France’s economy shrank 0.1% in the fourth quarter, according to preliminary data from INSEE on Thursday. The contraction follows 0.4% growth in the third quarter of 2024 and underscores the challenges facing

January 30, 2025

Germany’s Economy Contracts 0.2% in Q4, Raising Recession Fears

by Jamie Spencer

The German economy shrank by 0.2% quarter-on-quarter in the final three months of 2024, according to preliminary data from Germany’s statistics office Destatis on Thursday. This decline was sharper than analysts’ expectations,

January 30, 2025

Germany Slashes 2025 GDP Forecast to 0.3% Amid Stagnation

by Jamie Spencer

Germany’s economy is struggling to gain momentum, with the government cutting its 2025 GDP growth forecast to just 0.3%, down sharply from the previous projection of 1.1%. Economy and Climate Minister Robert

January 29, 2025

Fed Expected to Pause Rate Cuts Amid Inflation Concerns

by Jamie Spencer

Borrowers hoping for additional Federal Reserve rate cuts may have to wait, as the central bank is expected to hold rates steady at its January 29 meeting. According to FactSet polling, more

January 29, 2025

Fed to Hold Rates Steady as Trump Pushes for Cuts

by Jamie Spencer

The Federal Reserve is expected to keep its key interest rate unchanged at this week’s policy meeting, despite renewed pressure from President Donald Trump to lower borrowing costs. The decision comes as

January 27, 2025

U.S. Jobless Claims Rise Slightly, Fed Rate Cuts Unlikely

by Jamie Spencer

What Happened The number of Americans filing new unemployment claims increased slightly last week, indicating continued strength in the labor market and reducing the likelihood of a Federal Reserve interest rate cut

January 23, 2025

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