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Russia is facing a 'time bomb' at the heart of its economy, economist says
"Putin's war not only imposes on today's Russians a worse life than they otherwise would have had. …
Jennifer Sor
Gold prices hit record high, could reach ₹78,000 per 10 grams in coming weeks
Gold prices reached a historic high on September 24, driven by global economic conditions and geopo…
A 'Roaring '20s' economy is becoming more likely as bullish factors stack up, UBS says
"It's no longer too soon nor too optimistic to suggest that the US will experience a Roaring '20s e…
Matthew Fox
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
The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says
Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, L…
Jennifer Sor
Stock market today: Indexes slide as investors await crucial economic data
The fourth quarter started with weak trading in equities as investors held back ahead of key labor …
Filip De Mott
China can't boost its economy because its macro policy is 'too slow and reluctant,' Goldman Sachs says
Weak retail sales and potential labor market pressures show China's policy pushes haven't acted qui…
Kelly Cloonan
Americans running out of unemployment benefits and part-time jobs at record levels point to a recession coming, economist says
Part-time gig workers are making the job market appear stronger than it actually is, according to D…
Jennifer Sor
Baby boomers have a ton of their wealth tied up in stocks and housing. Here's why that's a risk to the economy.
Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire e…
Jennifer Sor
ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025
In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…
India to see solid domestic demand for the next 2 years, to grow at the rate of 6.5%-7%
The OECD report projects stable economic growth for emerging G20 economies, including India. India'…
Stocks beat bonds as risk-on returns amid Fed easing and strong economic data, Goldman Sachs says
Stocks are set to deliver better returns than bonds as the economy supports risk assets amid policy…
Kelly Cloonan
'Time is running out' for China to hit its growth targets, economist says
With no clear sign of a stronger growth stimulus, China likely won't reach its 5% annual growth tar…
Kelly Cloonan
The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says
Most of the stimulus cash deployed during the pandemic was "unproductive," which fueled inflation, …
Jennifer Sor
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
3 reasons China's economy is poised to break out of its long slump, according to Goldman Sachs
China could see growth pick up this fall amid fiscal easing, strong export momentum, and subsiding …
Kelly Cloonan
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
The unemployment rate slid as expected in August after a surprise increase the prior month
August's jobs report is a critical signal of the chances of a coming recession.
Madison Hoff
The economy is at a fork in the road
The economy could go one of two ways in the near future, and one last data point could make it clea…
Juliana Kaplan,Madison Hoff,A…
Stock market today: Indexes extend gains as investors gear up for fresh economic data
Minneapolis Fed President Neel Kashkari said he expects the Fed to cut interest rates by another 50…