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2 mins read

Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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7 mins read

Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty

India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…

Theron Mohamed   


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1 min read

Taiwan's economy is booming thanks to the AI craze

Taiwanese GDP rose by a better-than-expected 6.5% in the first three months of the year, in the fa…

George Glover   


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2 mins read

The US economy started the year much slower than expected

The US economy began 2024 with cooler growth than the forecast. In the first quarter of this year, …

Madison Hoff   


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2 mins read

Extreme disasters claimed 2 million lives and cost the world economy over $4 trillion since 1970: WMO report

​What's predictably worse, perhaps, is that an astronomical portion of these natural disasters atta…

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2 mins read

Young Chinese are trading Shanghai for small cities. Brands like KFC are following them with thousands of stores.

Economic troubles in metros like Beijing and Shanghai are pushing people to move to smaller cities…

Shubhangi Goel   


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2 mins read

Bumper corporate profits helped prevent mass layoffs and a recession, says leading economist

Big corporate profits led to employers retaining workers, which helped shore up spending and preven…

Theron Mohamed   


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4 mins read

The key to a longer life: high unemployment

New research confirms it: The worse the economy gets, the longer we live. But why?

Aki Ito   


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3 mins read

The US economy just shrank. Here's why you shouldn't be worried.

Yes, the first-quarter GDP report showed the economy backsliding. But a closer look at the details …

Ben Winck   


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3 mins read

The US economy unexpectedly shrank in the first quarter for the first time since the pandemic crash

US gross domestic product shrank at an annualized rate of 1.4% in the first three months of 2022, b…

Ben Winck   


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3 mins read

This college professor turned out to be an economic oracle last year. Here's her outlook for 2024.

Belinda Román teaches at a little-known Catholic university in Texas. She called the economy better…

George Glover   


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2 mins read

The US economy is booming — but Japan and the UK just slipped into recession. Here's why.

The economies in both Japan and the UK contracted in the last three months of 2023, signaling a rec…

George Glover   


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3 mins read

The US economy just grew at its fastest rate since 1984

The 5.7% GDP growth in 2021 was the highest since 1984, when President Reagan touted the booming ec…

Ben Winck,Madison Hoff   


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3 mins read

The US economy grew way more than expected in the fourth quarter as Omicron fueled the biggest virus surge yet

US gross domestic product grew at an annualized rate of 6.9% through the last three months of 2021,…

Ben Winck,Madison Hoff   


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2 mins read

At 56 minutes, Sitharaman's shortest budget speech ever

Finance Minister Nirmala Sitharaman on Thursday presented her sixth consecutive budget with a speec…

PTI   


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2 mins read

Joe Manchin is costing the US economy $60 billion by tanking Build Back Better, Goldman Sachs says

Goldman Sachs lowered its US growth estimates for the first three quarters of 2022, pegging the upd…

Ben Winck,Andy Kiersz   


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2 mins read

The US economy ended 2023 with a bang

A new data release showed real GDP rose at an annualized rate of 3.3% in the last quarter of 2023, …

Madison Hoff   


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3 mins read

Wall Street's verdict is in: the US economy is booming again

JPMorgan and Morgan Stanley just boosted estimates for Q4 growth, but it's a strange type of boom —…

Ben Winck   


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3 mins read

The US economy grew way less than expected in the third quarter - signaling the Delta wave did more damage than economists thought

US economic output grew at an annualized rate of 2.0% in the third quarter, missing the average eco…

Ben Winck,Andy Kiersz   


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8 mins read

Baby boomers did one big thing we should all be grateful for

They made America richer, promoted equal rights, and invented the internet. Why don't boomers get a…

Andy Kiersz