Tag: Economic recovery

Olaf Scholz, the German Chancellor, is facing the impending doom of the worst election defeat in the country's history. The main culprit behind this impending political catastrophe is Scholz's lackluster economic performance during his...

The number of Americans applying for jobless benefits has decreased, reaching a seven-month low. According to the Labor Department, jobless claims fell by 2,000 to 213,000 for the week of Nov. 23. However, continuing...

UK borrowing costs have surged to their highest level since the last general election, as investors brace for the upcoming budget announcement by Chancellor Rachel Reeves. The yield on 10-year UK government bonds rose...

Protectionism, the practice of imposing restrictions on trade between countries, is posing a serious threat to the global economic recovery, according to policymakers. The rise of protectionist measures, such as tariffs and import quotas,...

A week before Federal Reserve officials gather to reflect on the appropriate tempo of interest-rates cuts, three high-profile reports are set to show underlying resilience in the US economy and a temporary hiccup in...

European Central Bank Governing Council member Klaas Knot recently emphasized the importance of European governments, especially France, improving their financial stability to promote economic growth. Knot's remarks were made at a Group of 30...

Spending at small businesses has shown a positive uptick in July, indicating a potential economic revival post-pandemic. This increase in spending has been primarily driven by strong sales in general merchandise and health products,...