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U.S. economy grew at a 2.8% pace in the third quarter, less than expected

Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter. Source link

Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession

Passers-by walk in the pedestrian zone of the Bavarian capital.Peter Kneffel | Picture Alliance | Getty ImagesGermany's inflation surged to 2.4% in October,...

Euro zone growth hits two-year high of 0.4%, beating expectations

People walk down the iconic Alcalá street on a very hot afternoon in Madrid, Spain.Miguel Pereira | Getty Images News | Getty ImagesThe...

Vista’s Robert Smith: How to prevent AI from further widening the racial wealth gap

Human resources and technology concept for AI augmenting team work.Leowolfert | Istock | Getty ImagesThe rise of artificial intelligence (AI) has been stunning...

Consumer confidence surges as election nears, while job openings move lower

Consumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to...

Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia's capital Riyadh to attend the Future Investment Initiative (FII) forum.Fayez Nureldine...

German finance minister warns of retaliation if U.S. kicks off trade war

Christian Lindner, Germany's finance minister, during a meeting Janet Yellen, US treasury secretary, not pictured, at the annual meetings of the IMF and...

Russia’s central bank raises key rate to 21% to rein in higher-than-forecast inflation

09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the center of the...

China schedules meeting expected to reveal fiscal stimulus details

A general view shows the skyline over the central business district in Beijing on Feb. 28, 2023.Jade Gao | Afp | Getty ImagesBEIJING...

Global public debt will hit $100 trillion by year-end, says IMF

A man walks past signage for the the 2024 IMF/World Bank Annual Meetings outside of the headquarters of the International Monetary Fund in...

U.S., China trade tariffs escalating would be ‘costly for everybody,’ IMF deputy director says

An escalation of trade and tariffs tensions between the U.S. and China would have "costly" economic consequences around the world, Gita Gopinath, deputy...

Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says

Extreme tariffs proposed by U.S. presidential candidate Donald Trump would interrupt the path of disinflation and could lead to higher interest rates, according...

IMF warns on China’s property market worsening as it cuts country’s growth outlook

Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg | Getty ImagesThe International...

IMF says global fight against inflation is ‘almost won’ but warns of rising risks

Much of the world has managed to successfully lower inflation and engineer an economic soft landing, avoiding recession, but faces rising geopolitical risks...

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