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China may be shaking out of its slump, and its economy could grow 5% this year after a surprising first-quarter performance, BofA says
BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate crisis and weak consumer demand. SHANGHAI, CHINA - FEBRUARY 24: A woman cros.....»»
Russia will grow faster than the US and all other advanced economies this year, the IMF says
Russia's economy in 2024 is exp.....»»
Hawaii economy forecast for 2021 better than most recent prediction
Hawaii’s economy is projected to grow by 2.7% this year as it recovers from the shutdowns last year prompted by the Covid-19 pandemic, a small improvement from the most recent forecast in December, according to a first quarter report by the state.....»»
CBO predicts hiring will lag, with employment not back at pre-pandemic levels until 2024
The U.S. economy is projected to grow at a 4.6% annual rate this year, but employment isn’t expected to return to pre-pandem.....»»
China"s GDP grew 6.5% in the final quarter of 2020, making it the only major economy to expand last year
China's economy beat expectations to grow 6.5% in.....»»
Oil prices slide for fifth day to lowest in a year as virus fears grow
Oil prices plunged more than 4% on Thursday, down for a fifth day to their lowest since January 2019 as more new coronavirus cases outside China fed fears of a pandemic that could slow the global economy and dent demand for crude......»»
Gina Mintzer"s career in hospitality took her from Palm Beach to Lake George
One of Gina Mintzer's goals as executive director of the Lake George Regional Chamber of Commerce and Convention and Visitors Bureau is to grow the year-round economy......»»
White House economists predict growth won’t hit Trump’s 3 percent target unless big changes occur
Trump’s Council of Economic Advisers predicts that if the president and Congress do not make any further policy changes, the U.S. economy will grow at a 2.4 percent annual pace this year......»»
Japan"s recession risks grow as economy skids in fourth-quarter, virus clouds outlook
Japan's economy shrank at the fastest pace in almost six years in the December quarter as last year's sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks......»»
U.S. budget deficit to top $1 trillion in 2020 despite strong economy, CBO says
The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but the federal budget deficit will hit $1.02 trillion......»»
U.S. economy on path to "solid" 2020 growth; budget deficits to top $1 trillion
The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion......»»
Start-up Bungalow brings new twist to living with roommates, and new funding could help it grow
Bungalow, a barely 3-year-old co-living .....»»
Economic Report: PPI shows tepid increase in U.S. wholesale inflation at the end of 2019
The wholesale cost of U.S. goods and services barely rose in December, suggesting there was little inflation building up in the economy at the end of 2019. Wholesale inflation rose just 1.3% last year — half as much as it did in 2018......»»
America"s coal consumption is collapsing
Coal fell 18 percent last year, the largest drop ever recorded. But carbon emissions across the rest of the economy barely budged......»»
The 25 Biggest Product Flops of the Decade
In a consumer driven economy like that of the United States, companies grow and thrive by regularly introducing new and innovative products. Every year, businesses — ranging from small startups........»»
Trade war to keep hitting China"s economy, IMF says
China's economy will grow at a 5.8 percent rate in 2020, down from 6.1 percent this year, the IMF says......»»
US Economy May Grow Only 2.1% Next Year
The updated IMF World Economic Growth Outlook downgrades the organization's global growth forecast to less than 3.5% gross domestic product expansion......»»
20 common jobs where the paycheck keeps getting smaller every year
Sergei Ilnitsky / AP The US economy is always changing as new businesses grow and others decline. Using Cen.....»»
Rex Nutting: What ever happened to Trump’s boast of 4%, 5% or even 6% growth?
Whatever happened to Trump’s boast that the U.S. economy would be able to grow not just at 3% but at “4%, 5% or even 6%†a year?.....»»
Rex Nutting: Whatever happened to Trump’s boast of 4%, 5% or even 6% growth?
Whatever happened to Trump’s boast that the U.S. economy would be able to grow not just at 3% but at “4%, 5% or even 6%†a year?.....»»