While key segments remained resilient during the third quarter, economists are worried about a possible recession.#U.S #GDP #Grew #Quarter Source link
Tag: Economic Growth/Recession
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China Is About to Fall Into the Middle-Income Trap
By turning away from free enterprise, Xi Jinping ensures that the country’s economy will stop growing.#China #Fall #MiddleIncome #Trap Source link
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U.K. Prime Minister Rishi Sunak Calms Markets—for Now
The prime minister has managed to help calm markets by convincing investors that he won’t jeopardize financial stability. But he now faces the task of convincing them that he can steer the economy through stagflation.#U.K #Prime #Minister #Rishi #Sunak #Calms #Marketsfor Source link
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Ukraine Presses West for Billions in Economic, Military Aid After Russian Attacks on Infrastructure
Listen to article (2 minutes) BERLIN—Ukraine is stepping up its requests for economic and military support from the West following weeks of Russian missile-and-drone attacks on civilian infrastructure that have left the country struggling to produce enough electricity. President Volodymyr Zelensky pressed Western political and business leaders gathering in Berlin on Tuesday for more funding...
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Global Economic Growth Is Weighed Down by Inflation, Rising Interest Rates
Economy Economic Data Data indicate difficult times ahead as U.S. business activity contracts, Europe energy costs rise and China’s exports slow #Global #Economic #Growth #Weighed #Inflation #Rising #Interest #Rates Source link
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Europe’s Economy Contracts as Tough Winter Looms
Economy Economic Data Business surveys point to difficult times ahead for the global economy, despite some recent tailwinds for China and Japan #Europes #Economy #Contracts #Tough #Winter #Looms Source link
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China's Economy Grew 3.9% in the Third Quarter
China’s economy grew more strongly than expected in the third quarter as the country bounced back modestly from crippling Covid lockdowns in the spring, though challenges remain.#China039s #Economy #Grew #Quarter Source link
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Economy Week Ahead: U.S. GDP and Wages; Monetary Policy Abroad
Economy Economy Week Ahead Data and interest-rate decisions to provide a picture of the global economy’s health amid high inflation, Ukraine war disruptions #Economy #Week #Ahead #U.S #GDP #Wages #Monetary #Policy Source link
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Janet Yellen’s Learning Curve – WSJ
When Janet Yellen testified before a congressional commission almost a decade ago about the 2007-2009 global financial crisis, an interlocutor noted that she seemed to have seen trouble brewing in banks and mortgage markets before most others. In truth, she said, she hadn’t put the pieces together fast enough to stop the ensuing disaster. “I’m...
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Federal Deficit Could Widen as Economy Slows, Borrowing Costs Rise
Economy U.S. Economy U.S. budget gap had been narrowing as pandemic programs abated and wages rose #Federal #Deficit #Widen #Economy #Slows #Borrowing #Costs #Rise Source link