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2 mins read

India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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2 mins read

Retailers are highlighting two very different realities emerging among squeezed US shoppers

While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…

Alex Bitter   


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2 mins read

Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says

Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Me…

Filip De Mott   


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2 mins read

How do you feel about the economy? It depends on whether you own stocks.

People who own stocks feel much better about economy than non-owners.

Jacob Zinkula,Madison Hoff   


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1 min read

Why higher demand for sausage might be the latest sign the US economy is slowing

A food manufacturer in Texas said its seen rising demand for sausage, a sign the economy is slowing…

Kelly Cloonan   


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3 mins read

It's been another bad quarter for the fast-food industry. Burgers and pizza are too expensive, and Americans just don't want to splash out.

Fast-food giants like McDonald's, Starbucks, and KFC reported drops in comparable US sales. In part…

Grace Dean   


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3 mins read

People are still flocking to Florida. It could help them ride out a slowdown in the economy.

Florida's strong population growth is boosting the state's economy and could help residents weather…

John Towfighi   


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2 mins read

Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

ANI   


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2 mins read

The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary says

Most of the stimulus cash deployed during the pandemic was "unproductive," which fueled inflation, …

Jennifer Sor   


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3 mins read

The luxury outlook in China just keeps getting worse

Gucci's parent company said on Wednesday that it continued to see a "deceleration" in Asia-Pacific …

Lian Kit Wee   


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3 mins read

China's Communist Party begins key meet to stem economic slowdown, following 4.7% dip in GDP

China's GDP dipped to 4.7 per cent in the second quarter, the government said on Monday, as the rul…

PTI   


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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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3 mins read

It looks like the party's over for luxury goods in China

Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…

Grace Dean   


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1 min read

Stock market today: Indexes tank as data paints a negative picture for the economy

Stock indexes tanked Thursday as new data shows jobless claims are on the rise while manufacturing …

Kelly Cloonan   


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4 mins read

How the economy will change under Trump vs Biden

Voters have consistently told pollsters that economy is the most important issue in the election.

Brent D. Griffiths   


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1 min read

Don't rush back into the stock market as more pain is coming if the economy keeps slowing, Stifel chief strategist says

Stifel's chief equity strategist said there's potential for a bear market if the economy keeps slow…

Kelly Cloonan   


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2 mins read

Chinese consumers aren't buying enough stuff, and it's taking a toll on the economy

Beijing framed China's second-half growth positively but acknowledged "insufficient" domestic deman…

Huileng Tan   


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4 mins read

Hey, America, here's what's actually going on with the economy

Hey, America, we are not in a recession, we haven't been in one for quite some time, and there isn'…

Madison Hoff   


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7 mins read

Peloton's demise is another in a long line of failed fitness fads

The at-home cycling company was riding high during the pandemic. What went wrong?

Emily Stewart   


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2 mins read

India must create 11.5 crore jobs in next six years as millions of youngsters enter workforce: Study

With more than half of its population under the age of 35, India boasts a demographic profile brimm…