Global public debt in 2024 is expected to reach over $100 trillion, IMF warns

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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

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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

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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...
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UK inflation rises to 2.6% in November, highest rate since March

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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

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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

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American shoppers turned out in slightly stronger force than anticipated as the holiday season got underway in November, according to fresh data from the...
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Federal Reserve lowers rates but warns of slower easing in 2025

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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...