Global public debt in 2024 is expected to reach over $100 trillion, IMF warns
Global public debt in 2024 is expected to reach over $100 trillion (about 93% of global GDP), according to the IMF. By 2030, the...
Existing home sales in the US fell by 1% in September
Existing home sales in the US fell by 1% in September from the previous month to a seasonally adjusted annual rate of 3.84 million...
US monthly retail sales rose by 0.4% in September
The U.S. Census Bureau reported a 0.4% increase in retail sales in September. According to the preliminary report, total monthly retail sales were $714.4...
UK inflation rises to 2.6% in November, highest rate since March
UK inflation ticked higher in November, with the Office for National Statistics reporting a rise in annual consumer prices to 2.6%, up from 2.3%...
Investment Bank Goldman Sachs Reports $2.99 Billion in Profits
Investment bank giant Goldman Sachs reported a whopping $2.99 billion in Q3 profits - surpassing what analysts had expected, with revenue up 7% to...
U.S. November retail sales rise 0.7%, surpassing expectations
American shoppers turned out in slightly stronger force than anticipated as the holiday season got underway in November, according to fresh data from the...
Federal Reserve lowers rates but warns of slower easing in 2025
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, moving the target range to 4.25% to...