Economy News The Future Of The Us Economy Is In The South
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U.S. economy speeds up again after government shutdown, S&P finds. Businesses more optimistic.
The U.S. economy grew in November at the fastest pace in four months, new surveys showed, and businesses turned more optimistic about the future after the end of the government shutdown. Read More
The Era of Dollar Dominance Is Coming to a Close
The era of easy foreign savings flowing into dollar assets, suppressing US borrowing costs and giving Washington a powerful sanctions lever, is moving slowly to a close. That points to higher rates ... Read More
Even AI can't save the US economy from one of its biggest risks, Moody's Mark Zandi says
Moody's economist Mark Zandi warns that the trend of deglobalization will act as a headwind that could offset the boost provided by AI next year. Read More
Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy
Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned. Read More
The Global South Is the Climate Future
For countries like India and Pakistan, energy security has driven the switch to renewables. Today three-quarters of the global population lives in fossil fuel-importing countries, many of which are ... Read More
Federal shutdown could cost US economy up to $14 billion
WASHINGTON, Oct 29 (Reuters) - The federal government shutdown could cost the U.S. economy between $7 billion and $14 billion, shaving up to 2% from gross domestic product in the fourth quarter due to ... Read More
Government shutdown standoff could trim $14 billion from GDP, CBO warns
FIRST ON FOX: The U.S. economy could lose up to $14 billion in economic growth due to the ongoing government shutdown, a new analysis said Wednesday. The nonpartisan Congressional Budget Office (CBO) ... Read More
South Africa’s economy turns corner, but big reforms still needed: Katzenellenbogen
S&P upgrade and end of power cuts lift economic confidence in SATreasury projects modest 1.2% growth despite positive reformsSlow, partial reform ... Read More
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