Tag: Economic Growth
Wealthy Drive Spending as Others Struggle
A K-Shaped Economy Emerges The U.S. economy is showing signs of a deep divide in consumer behavior. Wealthy households are sustaining overall spending levels, while [more…]
US Manufacturing Sector Contracts Amid Tariff Impact
The US manufacturing sector continued to experience contraction in May, as economic activity remained sluggish, according to the latest report from the Institute for Supply [more…]
Wall Street Reacts to U.S.-China Tariff Talks
Wall Street’s main indexes saw mixed results on Friday as investors closely monitored President Trump’s comments regarding U.S.-China tariffs ahead of the scheduled trade talks [more…]
US Economy Shows Weakest Growth Since 2022 Amid Trade Wars
The U.S. economy had its worst quarter since 2022, with gross domestic product (GDP) shrinking at an annualized rate of -0.3% in the first quarter, [more…]
Goldman Warns of Economic Blow From Tariff Surge
Bank sees rising inflation, slowing growth, and higher jobless rate With President Donald Trump’s tariff announcement due this week, Goldman Sachs has issued a stark [more…]
UK Private Sector Rebounds Despite Manufacturing Slump
Service sector strength lifts March PMI to 6-month high UK private sector output grew at its fastest pace since last September, driven by a strong [more…]
German Industrial Output Rises, But Exports Decline
German industrial output increased in January, but exports plunged, highlighting the challenges facing the incoming government as it attempts to revive the euro zone’s largest [more…]
Investors Bullish on Stocks, Bearish on Other Assets
Investors remain highly optimistic about global stocks while showing skepticism toward other asset classes, as cash levels drop to their lowest point since 2010, according [more…]
Canada’s Services Sector Grows Amid US Trade Concerns
Canada’s services sector expanded for the second consecutive month in November, with the Purchasing Managers’ Index (PMI) reaching 51.2—its highest level since April 2023. This [more…]
10-Year Treasury Yield Climbs – Fed Cautions Against Rushed Rate Cuts
The 10-year Treasury yield saw a slight uptick on Friday, closing a week marked by significant inflation data and Federal Reserve Chair Jerome Powell’s remarks [more…]
