German economy slowed in 2022 as high energy prices took a toll
admin The German economy lost momentum in 2022 as the country faced multidecade high inflation rates…
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Jobless claims show no spike in layoffs
The numbers: Initial jobless claims fell by a seasonally adjusted 1,000 to 205,000 in the…
Read MoreEurozone Unemployment Rate Remained at Record Low in November Despite Slowing Economy
By Xavier Fontdegloria The eurozone jobless rate was stable in November at its record low,…
Read MoreOne-third of world economy expected to be in recession in 2023, says IMF chief
This year is going to be tougher on the global economy than 2022, the International…
Read MoreLeading indicators point to slowing U.S. economy and recession in 2023
The numbers: The U.S. leading index fell a sharp 1% in November, extending a downturn…
Read MoreU.S. economy grew at revised 3.2% rate in third quarter
The numbers: The U.S. expanded at an annual 3.2% annual rate in the third quarter,…
Read MoreFed hikes interest rate by half percentage point — benchmark rate seen topping out at 5.25%
The Federal Reserve on Wednesday raised its benchmark interest rate by 0.5 percentage point and…
Read MoreSome Easy Ways to Upgrade to Business Class From Economy Class
We all would love to spend less by purchasing an economy class ticket and get…
Read MoreItalian Economy Expected to Slow Sharply in 2023 as Inflation Takes Toll
By Xavier Fontdegloria Italy’s economy is expected to decelerate sharply in 2023 due to high…
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This little-known but spot-on economic indicator says recession and lower stock prices are all but certain
An obscure and arcane economic indicator suggests that Federal Reserve Chairman Jerome Powell was wrong…
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