Why is the economy so strong? New hires are spending more and upgrading their lifestyles

Americans who get new jobs spend more and step up their lifestyles. That's propping up the economy even as COVID savings run dry and debt rises. Read More

‘Envy of the World’—U.S. Economy Expected to Keep Powering Higher

Economists, in fact, don’t think the economy will get even close to a recession. In January, they on average forecast sub-1% growth in each of the first three quarters of this year. Now, they expect ... Read More

US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations

Federal Reserve speakers will continue to parse incoming data in public speaking engagements and the Fed's turn toward "higher-for-longer" interest rates put more pressure on the housing market. Read More

Advanced economies pledge $11 bn to boost World Bank lending

A group of advanced economies have pledged $11 billion in new funding commitments to boost the World Bank's lending capacity by up to $70 billion over a decade, the development lender announced Friday ... Read More

World News

More than 960 million Indians are eligible to vote as the world’s most populous country elects a new Parliament in this general election. In Israel, officials described the strike as a limited ... Read More

Strengthen Central Bank Independence to Protect the World Economy

Calls are growing for interest-rate cuts, even if premature, and are likely to intensify as half the world’s population votes this year ... in bringing down inflation contrasts sharply to the economic ... Read More

President Biden touts 'best economy in the world' in Easter Monday interview

President Biden touted the "best economy in the world" during an Easter ... to win this," she said. A Fox News poll released on March 27 found that over half of voters feel they're worse off ... Read More

China’s economy is forecast to slow sharply in 2024, the World Bank says, calling recovery ‘fragile’

The report said the recovery of the world’s second-largest economy from setbacks of the ... It said the value of new property sales fell 5% in January-October from a year earlier while new ... Read More

Zimbabwe introduces new currency as depreciation and rising inflation stoke economic turmoil

Authorities hope the new measure will halt a currency crisis underlining the country’s yearslong economic troubles ... lower denominations of the now scrapped currency, with many insisting ... Read More

5 reasons to invest in silver bars and coins right now

Investors are facing a fair share of economic challenges right now, including persistent ... the supply of new silver is quite constrained. Most of the world's silver supply comes as a byproduct ... Read More

Why Immigration Is Now the No. 1 Issue for Voters

The economy has always been the top issue at the ballot box for 65-year-old Garfield Cousins. But this year Cousins, an independent voter in an Atlanta suburb, said the sustained surge of migrants ... Read More

World News

Now they are counting the dead and trying not ... Images of a saturated desert metropolis startled the world, prompting talk of cloud seeding, climate change and designing cities for intensified ... Read More