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In a research note released to reporters on Monday, BofA's economics team led by Claudio Irigoyen projected the US economy will grow at an annualized rate of 2.4% in 2025, higher than current ...
AccuWeather releases a preliminary estimate of the total physical and economic losses caused by the ongoing wildfires in Southern California of between $250–275 billion, a figure attributed to exceptionally high property values in and near Santa Monica, which would surpass their estimates of the costs of the entire 2020 United States wildfire ...
Minister of Finance and Deputy Prime Minister of Canada Chrystia Freeland would resign from her cabinet position just prior to her being scheduled to deliver the Trudeau government's Fall Economic Statement in the afternoon. In her resignation letter, Freeland implicitly referred to a Trudeau-fronted proposal to grant $250 cheques to working ...
The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic.
That's the topic everyone was buzzing about at a Washington, D.C., event with major U.S. retailers in early December. President-elect Donald Trump's proposed tariffs on China, Canada and Mexico ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The economic impact of the COVID-19 pandemic in the United States has been widely disruptive, adversely affecting travel, financial markets, employment, shipping, and other industries. The impacts can be attributed not just to government intervention to contain the virus (including at the Federal and State level), but also to consumer and ...
Butterfly Economics: A New General Theory of Social and Economic Behavior is a book by Paul Ormerod dealing with economic theory, published in 1998. The author uses a plethora of insect-related metaphors to show that an economy tends to function like a living organism and is thus able to learn and to adapt.