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...
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...
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...
The Economic Benefits of Physical Activity for Individuals and Society
How meeting physical activity recommendations can boost personal income and reduce healthcare costs.
Physical activity plays a crucial role in maintaining health, but its benefits...
The U.S. Economy on the Verge of a Modern-Day “Roaring ’20s,” UBS Predicts
Optimistic Economic Indicators Emerge
The U.S. economy is showing signs of a potential modern-day version of the "Roaring '20s," according to recent analysis from UBS...
China’s New Stimulus Measures Aimed at Stability – Will It Ignite Strong Growth?
China’s economy has been under significant strain, leading its authorities to implement bold and sweeping stimulus measures aimed at reversing its downward trajectory.
For the...
U.S. Consumer Sentiment Reaches New High as Inflation Slows
Consumer sentiment in the United States saw a marked improvement in September 2024, reaching its highest level in five months.
According to multiple reports, optimism...
US Inflation Cools, Paving Way for Further Interest Rate Cuts
US Inflation continues to show signs of easing, providing further confidence that the *Federal Reserve's recent decisions to cut interest rates may have been...
Fed’s Jumbo Rate Cut Sparks Optimism for a Soft Landing, but Recession Fears Persist
The U.S. Federal Reserve’s (Fed) recent decision to cut interest rates by a larger-than-expected 50 basis points is sparking discussions about its potential impact...
China Unveils Major Stimulus to Boost Flagging Economy
China's central bank has introduced a broad set of stimulus measures to support the economy.
Key actions include cutting the main policy interest...