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This week’s reports provide a snapshot of how the economy ended 2024. While market swings are likely, the data is unlikely to alter the Federal Reserve’s approach.
Business and economy. Protests against the second presidency of Donald Trump. Economic Blackout. A 24-hour consumer spending boycott takes place across the United States, in protest of wealth and income inequality, high prices of essential goods, and the rollback of diversity, equity, and inclusion initiatives by the Trump administration.
A fading 'tail risk' The January jobs report released on Friday showed continued signs of resilience in the labor market as the unemployment rate unexpectedly fell, wages grew more than expected ...
The series consist largely of interviews of government officials, economic analysts, and people who have experienced important events for the economy of the United States. Herbert Stein , an economic advisor for the Nixon administration, is one of the many guests interviewed in the series.
Analysis by Oxford Economics estimated that 25% tariffs implemented across all sectors and predicted retaliatory tariffs would cause Canada's GDP to fall by 2.5% by early 2026, increase its inflation rate to 7.2% by mid-2025, and increase its unemployment rate to 7.9% by the end of 2025 due to an estimated 150,000 layoffs.
"Energy was the third worst performing sector in 2024," BTIG analyst Jonathan Krinsky wrote in a research note this week. He added that it was the only sector in the red for the prior two years ...
In 2020, he started the YouTube-channel GarysEconomics, where he campaigns against economic inequality and explains economic concepts to a wider audience. [ 6 ] [ 7 ] Stevenson is a contributor to policy debates on inequality in Britain and has contributed to outlets such as The Guardian , BBC , LBC , Novara Media , and Piers Morgan Uncensored .
A significant recession, as defined lost economic output, occurred during the financial crisis of 2007–2008, when GDP fell by 5.0% from the spring of 2008 to the spring of 2009. Other significant recessions took place in 1957–1958, when GDP fell 3.7% following the 1973 oil crisis , with a 3.1% fall from late 1973 to early 1975, and in the ...
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related to: economics current events economy articles today youtube show episode 5 imageswsj.com has been visited by 10K+ users in the past month