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2 mins read

Russia's war-driven economic growth is a mirage, and more sanctions are needed to keep pressure on, European finance ministers say

"When taking a closer look at the signals, it becomes clear that everything is not as rosy with the…

Filip De Mott   


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3 mins read

Stock markets begin week on a cautious note with key indices slipping into red

The BSE Sensex fell by 346.25 points, opening at 76,863.65, reflecting a 0.45 per cent decline. Mea…

ANI   


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1 min read

India’s economic growth “very robust” as Western companies shift investment focus from China to India: UN expert

India's economic growth has been described as “very robust” by a UN expert, highlighting the countr…

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2 mins read

These 5 recession indicators have escaped the danger zone after flashing economic red flags

The reversal of these indicators shows why it's risky to rely on a small handful of them, NDR said.

Matthew Fox   


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A recession indicator with a perfect record has been flashing red for 20 months. It may not be wrong yet.

The inverted yield curve has been ringing the recession alarm for 20 months, but past downturns hav…

Theron Mohamed   


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5 mins read

We're on track for a soft economic landing, but it still feels like the economy stinks

After a scary few months of economic data that had investors fearing a recession and stagflation, t…

Dan DeFrancesco   


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3 mins read

Economic Survey 2024: GDP grew by 8.2%, to sustain 7%+ growth momentum, fiscal deficit down to 6.4% of GDP

Gross Fixed Capital Formation, or investments in long-term, value-generating fixed assets increased…

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2 mins read

Stock market closes in red amid intraday volatility

The BSE Sensex finished 34.73 points lower, settling at 79,441.45, while the NSE Nifty declined by …

ANI   


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5 indicators that show the US economy is still firing on all cylinders despite slowing GDP

"The workhorse of the US economy remains the consumer, and there's really not much sign of a slowdo…

Matthew Fox   


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AI could slow BPO sector growth: Chief Economic Advisor Nageshwaran

Chief Economic Advisor V Anantha Nageswaran emphasized the crucial and positive role that artificia…

ANI   


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Markets surge to record highs: Nifty tops 24,050, Sensex nears 79,500; Media-PSU Bank stocks drive gains

Among the sectoral indices on NSE, Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, …

ANI   


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1 min read

North Korea's economy is booming thanks to its arms trade with Russia

North Korea's GDP grew 3.1% in real terms, snapping a three-year slump, the Bank of Korea reported.

Filip De Mott   


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Russia's business elites signal they are tired of propping up the wartime economy

Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …

Huileng Tan   


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2 mins read

It may already be too late for the Fed to stop a recession, former central bank president says

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnec…

Filip De Mott   


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3 mins read

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …

John Towfighi   


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2 mins read

Why a majority of Americans think the economy is already in a recession

Three of five Americans surveyed by Affirm say the US is in a recession. On average, most think it …

Filip De Mott   


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2 mins read

A 'proper' economic downturn is looming, which could trigger steep rate cuts as soon as this year, economist says

"We believe we are heading into a proper downturn that will require a proper easing cycle," Manulif…

Filip De Mott   


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1 min read

Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says

Headline job growth has been strong recently, but commentators have pointed to mixed signals in the…

Jennifer Sor   


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3 mins read

Trump doesn't think interest rate cuts should happen before the election

Former President Donald Trump said Fed members "know" they shouldn't cut rates soon, but many econo…

John Towfighi,Madison Hoff,Ayelet Sheffey   


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4 mins read

Lower interest rates could be coming soon. Here's what's at stake if they aren't.

Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts and…

Madison Hoff,Ayelet Sheffey