Economic Growth - Page 2

4 months ago

Stocks Surge as Trump Wins 2024 Presidential Election

The U.S. stock market experienced a significant surge on Wednesday, reaching record highs as Donald Trump secured victory in the 2024 presidential election. The Dow Jones Industrial Average surged by 1,434 points,

Global-Inflation-Tamed-But-Economic-Uncertainty-Remains-Says-IMF

Economy

4 months ago

Global Inflation Tamed, But Economic Uncertainty Remains Says IMF

Inflation, once a dominant global concern, is being brought under control, according to the International Monetary Fund (IMF). In a surprising shift from its more cautious outlook earlier this year, the IMF

Economy

3 months ago

Canada’s Economy Grows 1% in Q3 Amid Sluggish Momentum

Canada’s economy grew at an annualized rate of 1% in the third quarter, aligning with market expectations, according to Statistics Canada data released Friday. The growth was supported by household and government

Fed Cuts Rates Again but Signals Limited Reductions Ahead

The Federal Reserve on Wednesday delivered its third consecutive interest rate cut, reducing its key rate by a quarter percentage point. The move brings the target range for the federal funds rate

2 months ago

Economy

China Plans Record Fiscal Deficit to Boost 2025 Growth

Chinese leaders have agreed to raise the budget deficit to 4% of gross domestic product (GDP) in 2025, marking the highest level on record. The move reflects a more proactive fiscal policy

2 months ago

Economy·World

US Trade Deficit Narrows Amid Drop in Imports

The U.S. trade deficit contracted sharply in October, marking the largest drop in imports since late 2022. This significant shift positions trade to potentially contribute positively to economic growth in the fourth

3 months ago

Economy

Canada’s October Inflation Rises to 2% Amid Base-Year Effects, Economists Debate BoC’s Next Move

Canada’s inflation rate rose to 2% in October, up from 1.6% in September, driven by base-year effects on gasoline prices, Statistics Canada reported on Tuesday. This increase has stirred mixed reactions among

3 months ago

Economy

China’s $1.4 Trillion Debt Plan Aims to Stabilize Economy Without Direct Stimulus

In a significant move to tackle local government financing challenges and revitalize economic growth, China announced a substantial 10 trillion yuan ($1.4 trillion) debt relief package. This decision, disclosed on Friday, strategically

3 months ago

Economy

How a Harris or Trump Presidency Could Shape the Stock Market

As the U.S. stock market climbs during the current presidential campaign, investors are eyeing how the potential election of either Vice President Kamala Harris or former President Donald Trump may impact this

4 months ago

Markets

Nobel-Prize-in-Economics-Awarded-to-Daron-Acemoglu-Simon-Johnson-James-A-Robinson

Nobel Prize in Economics-Awarded to Daron Acemoglu,Simon Johnson And James A. Robinson

The 2024 Sveriges Riksbank Prize in Economic Sciences in memory of Alfred Nobel has recognized Daron Acemoglu, Simon Johnson, and James A. Robinson for their pioneering research into how societal institutions shape

4 months ago

Economy

Fed’s Rate Cut Shakes Markets as Wall Street Stays Steady

In a surprising move, the Federal Reserve implemented a larger-than-expected interest rate cut on Wednesday, a strategy aimed at revitalizing the slowing U.S. economy. The half-percentage point reduction, the first in over

5 months ago

Economy

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