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3 mins read

The consumer slowdown is here and its flashing a recession warning for the economy

American consumers - the backbone of the resilient US economy in recent years - appear to be windin…

Jennifer Sor   


Business Insider Latest Story Image
3 mins read

The US economy may be barrelling towards stagflation, an outcome worse than recession

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s…

Filip De Mott   


Business Insider Latest Story Image
3 mins read

China retains 5% growth target for 2024 as economy struggles to shake off slowdown

Grappling with economic slowdown and dwindling business sentiment, China has fixed a modest officia…

PTI   


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2 mins read

A labor slowdown could ruin America's soft-landing hopes and cause a 10% stock correction, Morgan Stanley CIO says

Mike Wilson told Bloomberg that any rate cut made in response to a weakening labor market could be …

Filip De Mott   


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1 min read

S&P retains India's FY'25 GDP growth estimate at 6.8%

"We expect growth to moderate to 6.8 per cent this fiscal year, with high interest rates and lo…

PTI   


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3 mins read

Fresher hiring sees a significant decline, particularly in IT sector! What should you do?

Last week news began trending that claimed more than 30% of IIT Bombay students could not get place…

Business Insider Latest Story Image
4 mins read

Hey, America, here's what's actually going on with the economy

Hey, America, we are not in a recession, we haven't been in one for quite some time, and there isn'…

Madison Hoff   


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4 mins read

It finally looks like the US economy is sticking its soft landing

A soft landing is here or in sight, depending on who you ask, based on inflation data, jobs data, a…

Madison Hoff   


Business Insider Latest Story Image
2 mins read

World Bank raises GDP projection, says India to keep its fastest-growing economy tag

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024…

ANI   


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7 mins read

America's plan to fix its economy is going to screw over the rest of the world

There's a growing gap between America's interest rates and the rest of the world. That's going to c…

Linette Lopez   


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4 mins read

Economic implications of Lok Sabha Election 2024 results: Would lack of a clear majority for BJP impact India’s growth story?

Less than a week ago, India reported a remarkable GDP growth rate of 8.2% for the fiscal year 2023-…

Business Insider Latest Story Image
1 min read

Taiwan's economy is booming thanks to the AI craze

Taiwanese GDP rose by a better-than-expected 6.5% in the first three months of the year, in the fa…

George Glover   


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2 mins read

The US economy started the year much slower than expected

The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, …

Madison Hoff   


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2 mins read

Hiring in Indian IT sector likely to see turnaround with 8-10% growth in 2024

The Indian IT sector, which has seen contraction in hiring amid global economic slowdown and fundin…

Business Insider Latest Story Image
2 mins read

Here's why Americans having fewer kids won't doom the economy

The US birth rate just fell to its lowest level in over 40 years, according to provisional CDC data.

Jennifer Sor   


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3 mins read

Gold loses sheen in August as economic data shows no sign of slowdown

Gold is not glittering all that much as central banks continue to hike rates and bond yields contin…

Business Insider Latest Story Image
2 mins read

The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says

Lower-income Americans are can't keep up with the rising cost of living and have blown through thei…

Jennifer Sor   


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3 mins read

5 indicators that show the US economy is still firing on all cylinders despite slowing GDP

"The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdo…

Matthew Fox   


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2 mins read

Why a debt-fueled US economy is facing a hard landing in 2025, chief economist says

"Once people do begin to lose their jobs, once the economy does begin to slow down, you already hav…

Filip De Mott   


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2 mins read

Russia says its economy is off to a — mostly — roaring 2024

Russia's economy is thriving amid Western sanctions and the ongoing war with Ukraine, according to …

Huileng Tan