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Latest news about the state of the world economy.
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Economists Raise U.S. Employment Expectations on Strong GDP Data
Analysts at two investment banks have raised their estimates for payrolls and wages in two notes released after the U.S. revised upwards their measurements for second quarter GDP.The Bureau...
How Resilient is China’s Economy?
At the moment, there is some confusion about the health of the Chinese economy. Some believe that it is beginning to stagnate, while others suggest that the economy is...
Soft Durable Orders, Scared U.S. Consumers Summon Hibernating Bears
Durable orders fell 18.2% in August, causing a large stock selloff in the United States as weak consumer confidence signals a decline in aggregate demand could drag down economic...
US Embargo Costs Cuba Economy over $1 Trillion
Experts on the Cuban economy have recently announced that the country has been consistently suffering from a 'systematic worsening'. According to Cuba, the problem is the fault of America...
Economists Stumped as New Home Sales Rise, Mortgages Fall
In a sign of growing wealth inequality and declining middle class purchasing power, more people are buying real estate in America, but less people are getting mortgages.New home sales...
Republican-led States see Higher Economic Growth
Lately, amounting evidence throughout the United States has begun to suggest that Republican governors could be the balm for state economies. In the fourth quarter of 2013, nine of...
Tax Rules, Slowdown Signal European Monetary Collapse
Stricter rules on U.S. corporate tax dodging combined with weak European manufacturing data to cause European stocks to slide.Economists expect the European Central Bank to double down on its...
G20 Warns of Uneven Economies as U.S. Growth Decelerates
The Group of 20 sees greater risks in historically low interest rates in developed nations as more investors are investing in emerging markets to improve returns. The Group of...
Gas Plant Intended to Boost the Ghana Economy
Recent plans regarding a natural gas plant that has been long-delayed over the years could be the stepping-stone that may transform Ghana's economy. The president, John Dramani, has announced...
U.S. Retains Stable Outlook on Unchanged Unemployment Rates
Fitch Ratings affirmed its AAA rating on debts and currency issued by the United States, saying that their outlook for the U.S. economy is “stable”. The ratings agency said...


