economic outlook

MSCI’s global index of stocks fell on Thursday, on track for its biggest one-day percentage decline since April, while Treasury yields rose as a surge in U.S. private payrolls fueled concerns that interest rates would stay higher for…

Last Updated: June 16, 2023, 01:13 ISTUnited States of America (USA)LinkedIn's revenue jumped 34% to $3.5 billion last year, helped by advertising demand and a strong job market.This comes after LinkedIn introduced AI features to help…

FILE PHOTO: A man checks his phone outside the Reserve Bank of India (RBI) headquarters in Mumbai, India | Photo Credit: SHAILESH ANDRADE Growth is expected to be driven in the first quarter of 2023-24 by private consumption, supported by…

The dollar edged up against most major peers on Tuesday as traders, seeing no immediate breakthroughs on the U.S. debt-ceiling talks, look to new inflation data for a clearer picture of the economic outlook and the Federal Reserve’s likely…

Last Updated: May 09, 2023, 02:07 ISTThe report comes as the financial sector contends with deposit outflow worries on the back of turmoil after the high-profile collapse of Silicon Valley Bank and Signature Bank in March. (Image:…

By David Lawder and Andrea Shalal Reuters Posted April 10, 2023 10:33 am Descrease article font size…

Skyline in lower Manhattan.Gary Hershorn | Corbis News | Getty ImagesOver the last two years, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world, a new report from Oxfam says.A total of…

Americans look to the country's most powerful bank, the Federal Reserve, to combat inflation."I think our biggest problem, at least for the foreseeable future, is high inflation," Mark Zandi, chief economist at Moody's Analytics, told…

The International Monetary Fund on Tuesday cut its global growth forecast for 2023 amid colliding pressures from the war in Ukraine, high energy and food prices, inflation and sharply higher interest rates, warning that conditions…

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy."There has been a lot of talk recently that we're in a recession. We have two…