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The main event is the December jobs report, where employment gains are expected to ha ... The upcoming week is filled with crucial economic data releases that will provide insight into the state ...
The strength of the U.S. economic recovery post-COVID and a quest for safe-haven investments helped boost U.S. dominance of global financial flows, while manufacturing incentives led to a surge in ...
Business and economy A general strike by Belgian unions to protest against government plans for pension reform occurs, with the work stoppages severely disrupting public transport in Brussels as well as rail and air travel throughout the country.
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This demographic surge prevented the consecutive GDP declines typically defining a recession, despite significant economic challenges following the 2022-2023 period of inflation and interest rate increases by the Bank of Canada. As a result, The economy exhibited several indicators of weakness despite avoiding a technical recession.
The decline was due to the highest inflation readings as part of the 2021-2023 inflation surge and the resulting increases in interest rates, combined with fears of a global recession due to a decline in economic indicators and an inverted yield curve, exacerbated by supply chain disruptions due to the 2022 Russian invasion of Ukraine and ...
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