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The Economic Blackout refers to a series of 24-hour consumer spending boycotts that took place on February 28, 2025, in the United States, with planned boycotts for future dates including March 28. Organized by The People's Union USA activist group, the protest encouraged Americans to refrain from making any purchases for an entire day.
Business and economy A global technology stocks selloff on the Nasdaq Stock Market , prompted by the release of the Chinese DeepSeek -R1 model, leads to record losses in the market capitalizations of AI and computer hardware companies .
Business and economy. German economic crisis. The Handelsblatt Research Institute reports that the German economy is in its "greatest crisis in post-war history" after projecting that the economy will enter its third year of recession in 2025 with a 0.1% contraction, following a 0.3% contraction in both 2023 and 2024. Disasters and accidents
The market outlook for 2025 sees U.S. GDP growing at a healthy rate, the stock market gains diversifying beyond the Magnificent Seven—with health care a likely winner—and an evolution in the ...
US stocks sold off on Friday, marking the worst day of 2025 just two days after the S&P 500 hit a record high. Economic data releases raised concerns about a rebound in inflation. The Dow Jones ...
2025 Chile blackout. A nationwide power outage occurs in Chile, impacting most of the country's population and causing the temporary stoppage of several significant industries. 2025 Queensland floods. At least twelve people are killed by a melioidosis outbreak caused by standing waters from persistent flooding in Queensland, Australia.
Yet based on Trump's stated economic plans, Yun said he thinks the average 30-year fixed mortgage rate will bounce around between 6% and 7% for the next year, and could stick around 6.5% for much ...
Business and economy Argentine debt restructuring Argentina 's country risk index, measured by the JPMorgan GBI-EM Index , briefly drops to 444 points, its lowest level since 2018, before closing at 561 points due to technical adjustments linked to upcoming bond payment amid improved market sentiment driven by cooling inflation and signs of ...