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The stock market is bracing for a busy week of political news as Donald Trump returns to the Oval Office. ... the Fed discussion in the week ahead as no major economic data releases are expected ...
Last week, the crucial August jobs report offered the latest evidence the US labor market continues to slow, with the US economy creating 187,000 new jobs last month while the unemployment rate ...
The Standing Committee of China’s National People’s Congress is meeting this week, and analysts say the government may endorse major spending initiatives to boost economic growth amid troubles ...
Business and economy 2021–2023 inflation surge The Turkish central bank raises its main interest rate from 15% to 17.5% in order to control rising inflation , after the key rate nearly doubled last month.
US stocks were lower on Monday as investors looked to new economic data due out in the week. Late last week, major indexes nearly erased all of the losses incurred in a sharp three-day sell-off.
Business and economy. British oil and gas company BP announces that it will lay off 4,700 employees and 3,000 contractors globally to reduce costs. Health and environment. The Zimbabwean Ministry of Health reports that a new cholera outbreak that started in December 2024 has reached eight districts and infected nearly 300 people, causing one death.
The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic.
Last week, the S&P 500 saw both its worst and best single-day performances of the year.A sign to some on Wall Street that all is not well in markets right now. On Monday, rising recession concerns ...