US Economy Recorded Robust Growth In Q4, But With Underlying Weakness
Summary Fourth-quarter GDP rises at 2.9% rate Consumer spending steady; business investment weakens Weekly jobless claims ...
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Tag: economy
US Institutions Account For 85% Of Bitcoin Acquisition In ‘Very Positive Sign’ – Matrixport
Institutional investors are “not giving up on crypto,” with recent data indicating that up to 85% ...
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U.S. Economy Losing Momentum As Retail Sales Post Largest Plunge In 12 Months
Summary Retail sales drop 1.1% in December; November sales lowered Core retail sales fall 0.7%; November ...
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Savings: Britons Encouraged To Act Soon As Some Interest Rates Exceed 4%
Consumers have gotten used to little returns on savings accounts, but there are now better deals ...
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Canada’s Economy Has A Scope To Cool With ‘Exceptionally High’ Job Openings – Central-Bank Governor
Bank of Canada Governor Tiff Macklem said there is scope to cool the economy based on ...
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Insolvencies Surge As Companies Fret About Energy Bills
Nearly a quarter of small businesses say that energy prices are their major concerns as insolvencies ...
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China’s Economy Rebounds But Threatened By Property Crisis
Summary Key August indicators better-than-anticipated Retail sales growth fastest in 6 months Property fall a significant ...
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BlueBay Among Bears Unnerved By Recent Yen Fall As Tokyo Increases Warnings
The steep fall in Japan’s currency (yen) has continued so far and fast it’s causing panic ...
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Sri Lanka Gets IMF’s Provisional Approval For $2.9B Loan
Sri Lanka has struck a preliminary agreement with the International Monetary Fund (IMF) for a loan ...
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UK Inflation To Reach 15% in Early 2023 – Citi Prediction
British consumer price inflation is projected to peak at a yearly rate above 15% in the ...
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After nearly 11 years of 24/7/365 operation, Global Economic Intersection co-founders Steven Hansen and John Lounsbury are retiring. The new owner, a global media company in London, is in the process of completing the set-up of Global Economic Intersection files in their system and publishing platform. The official website ownership transfer took place on 24 August.
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