Economic News

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The U.S. Economy on the Verge of a Modern-Day “Roaring ’20s,” UBS Predicts

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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...
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Supply chain risks represent a major threat to financial stability

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Volkswagen’s recent crisis highlights how disruption in the supply chain can exacerbate financial risks. Researchers at the Complexity Science Hub (CSH) in Vienna, Austria, and...
Trade between EU and USA

How a Trump presidency could affect Europe’s economic landscape

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Now that Donald Trump is set to be the next US president, beginning on January 20th, European leaders and many of its citizens wonder...

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...

24% of home buyers in the US are first-time buyers, lowest level since 1981

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Low Numbers for First-Time Buyers: First-time home buyers now make up only 24% of the market. This is a big drop from 32%...

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 National Debt Set to Triple by 2070 Due to Climate and Health Crises

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UK national debt is projected to nearly triple by 2070, reaching up to 310% of GDP, OBR report warns. Rising healthcare costs and...
Global GDP Growth

Goldman Sachs forecasts strong global GDP growth for 2024, 2025, and 2026

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After strong global GDP growth in 2024 of 2.7%, Goldman Sachs Research forecasts that the world economy will expand by 2.7% in 2025 and...

China’s consumer prices barely rose in November

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China’s consumer prices barely rose in November, inching up by only 0.2% from a year ago. That’s the weakest pace since June and suggests...
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Political instability in France and Germany clouds Europe’s economic outlook

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Political instability in Germany and France, the European Union’s two largest economies, is exacerbating the trading bloc’s economic challenges. With both EU member states grappling...