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Economic News Reports

The president-elect is promising bold action when limiting uncertainty in an already solid and improving economy would be the best course.
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Source:www.bloomberg.com


Posted: 2024-11-12 04:30:00

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Economy News: Shutdown is costing US economy $15 billion a day, Bessent says

Thu, 16 Oct 2025 01:07:59 +0000
The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic ...
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Economy News: Russia pushes back against Trump warning that the Russian economy is near collapse

Thu, 16 Oct 2025 01:07:59 +0000
By Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) -One of President Vladimir Putin's top economic officials on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian ...
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Economy News: Shutdown is costing US economy $15 billion a day, Bessent says

Wed, 15 Oct 2025 22:07:58 +0000
The two-week-old federal government shutdown is costing the U.S. economy about $15 billion a day in lost output, Treasury Secretary Scott Bessent said on Wednesday, putting an estimate on its economic ...
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Source:www.msn.com

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Economy News: Fed: Economy Flat in October With Weak Demand for Labor and Higher Prices

Wed, 15 Oct 2025 19:07:59 +0000
The ‘beige book’ survey of regional conditions showed a subdued economy facing inflation and little or modest growth.
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Source:money.usnews.com

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Economy News: Kremlin rejects Trump's view that the Russian economy could collapse

Wed, 15 Oct 2025 16:07:59 +0000
By Guy Faulconbridge, Olesya Astakhova and Gleb Stolyarov MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse ...
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China reports $30.5 billion in economic losses from natural disasters so far in 2025

Wed, 15 Oct 2025 20:01:13 GMT
China's Ministry of Emergency Management said on Thursday that natural disasters in the first three quarters of 2025 affected crops with an area of 530,000 hectares and had a direct economic loss of ...

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Bank reports reflect profitable Wall Street quarter

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Wall Street had one of its most profitable quarters ever, if the earnings from four of the nation's biggest banks that reported Tuesday are to be believed; as the companies were helped by a flurry of ...

UK's Reeves considering tax increases and spending cuts for budget, Sky News reports

Tue, 14 Oct 2025 22:29:30 GMT
Britain's finance minister Rachel Reeves said she was looking at both tax rises and spending cuts in the upcoming budget, according to an interview with Sky News on Wednesday.

IMF Set to Release Global Economic Outlook Amid Growing Market Uncertainty

Tue, 14 Oct 2025 04:30:00 GMT
Today, October 14, 2025, the International Monetary Fund (IMF) will present its eagerly awaited World Economic Outlook (WEO) report at a hybrid press ...


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