FRANKFURT, Germany — Even as Ukraine celebrates current battlefield victories, its government faces a looming challenge on the economical entrance: how to pay the monumental price tag of the war effort and hard work without triggering out-of-manage price spikes for regular individuals or piling up credit card debt that could […]
Economy News
The global economy is headed for a severe recession, Mohamed El-Erian has warned. The economist expects “more uncertainty in the future as shocks grow more frequent and more violent”. The recession will be drawn-out rather than “short and shallow”, he added. Loading Something is loading. Thanks for signing up! Access […]
It’s a grab bag of economic data this week in a period marked by Thanksgiving and a half day on Black Friday, when consumers and investors alike will try to take advantage of bargain hunting for Christmas gifts. Whether the economy and Wall Street will be in a holiday mood […]
Sales of existing homes fell in October for the ninth straight month, down 5.9% from a month earlier as buyers faced mortgage rates that have doubled in the past year, the National Association of Realtors said on Friday. Sales, at an annual pace of 4.43 million, are now 28.4% below […]
Japan’s economy unexpectedly shrank for the first time in a year in the third quarter, stoking further uncertainty about the outlook as global recession risks, a weak yen and higher import costs took a toll on household consumption and businesses. The world’s third biggest economy has struggled to motor on […]
New knowledge provides a sobering backdrop for a price range unveiling that seeks to persuade investors that the Uk can correct its funds. The United Kingdom’s economic climate shrank in the a few months to September at the get started of what is most likely to be a prolonged economic […]