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2020 was the worst year for economic growth since World War II
New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality......»»
2020 was the worst year for economic growth since the Second World War
New federal data offers comprehensive snapshot of a year marred by staggering job losses, waves of small-business closures and mounting inequality......»»
"Truly horrifying": 6 economic surveys show coronavirus is hammering the global economy
Brendan McDermid/Reuters Coronavirus is hammering economic activity and threatening global growth, according to survey data from five countries and the eurozone published on Tuesday. Flash composite Purchasing Managers Index (PMI) read.....»»
Markets shudder as Apple’s warning deepens coronavirus fallout
Growing cracks in China's supply chain are disrupting the world’s most powerful companies and threatening economic growth......»»
Global markets shudder as Apple’s warning deepens coronavirus fallout
Growing cracks in China's supply chain are disrupting the world’s most powerful companies and threatening economic growth......»»
Working together: Here"s where Central Florida"s nonprofits see a chance to make an impact
The work of the foundation comes as the area faces multiple social issues that come with economic growth......»»
US will hike tariffs without a China trade deal, Trump says
The United States will raise tariffs on Chinese imports if no deal is reached with Beijing to end a trade war, U.S. President Donald Trump said Tuesday, threatening an escalation of the spat that has damaged economic growth worldwide......»»
Income inequality is the highest In 50 years
Census data indicates income inequality in the U.S. last year was the highest in 50 years, despite low unemployment and record economic growth......»»
The New Geographic Inequality
Source: McKinsey Where is the future economic growth coming from in the United States? Just 25 urban areas have accounted for more than two thirds of US job growth since 2007. These mega-cities attract most of the national talent, economic.....»»
China says first-half growth sets good foundation for hitting 2019 GDP target
China's first-half economic growth of 6.3% was "hard-won" and laid a good foundation for achieving a full-year growth target of between 6% and 6.5%, a spokesman for the country's statistics bureau said on Monday......»»
Forecaster of the Month: Growth slowing, but economic fundamentals still strong, forecaster says
Fears of a recession are overblown, because the foundation of the economy remains strong, says Oxford Economics’ Gregory Daco, winner of the Forecaster of the Month award from MarketWatch......»»
India needs to reawaken to the principle of equality
It is vitally important for us in India to maintain strong focus on containing the growth of economic inequality, and work actively to reduce it.....»»
IMF warns U.S. vulnerable in escalating trade fight
The International Monetary Fund warned on Monday that escalating and sustained trade conflicts are increasingly likely, threatening to derail economic recovery and depress medium-term growth prospects......»»
Low interest rates spawn rise in number of zombie firms: BIS
Decades of falling interest rates have led to a sharp increase in the number of "zombie" firms, a report for the Bank for International Settlements said, potentially threatening economic growth and preventing interest rates from rising......»»
Banks Are Italy"s Weak Spot as Rome Picks Fight With EU
As Italy’s populist government approaches a showdown with the EU over its budget, financial-market tremors are hurting the country’s banking system and threatening the economic growth Rome wants to stimulate......»»
Weak Banks Threaten to Strangle Italy"s Economic Growth
As Italy’s populist government approaches a showdown with the EU over its budget, financial-market tremors are hurting the country’s banking system and threatening the economic growth Rome wants to stimulate......»»
The Achilles" Heel for Italy"s Populists: Weak Banks
As Italy’s populist government approaches a showdown with the EU over its budget, financial-market tremors are hurting the country’s banking system and threatening the economic growth Rome wants to stimulate......»»
Trump Steps Up Attacks on Fed Chair Powell
President Trump escalated his attacks on Federal Reserve Chairman Jerome Powell, blaming him for threatening U.S. economic growth and saying he appeared to enjoy raising interest rates, during a Wall Street Journal interview......»»
Economic damage starts to pile up, threatening to end growth
The White House doubled its estimate of the shutdown’s drag on growth, and other economists warned a long stalemate could push the economy into a contraction......»»
Houston’s economy slowing to normalized growth rate, in better position than other U.S. metros
Houston's economic growth rate is slowing to a more normalized pace, but the metropolitan area is in a much better position than other regions in the country......»»