The US Treasury Building in Washington, DC on August 15, 2023. Nathan Howard | Bloomberg | Getty Images The U.S. government spent another half a trillion dollars in red ink in the first quarter of its fiscal year, the Treasury Department announced Thursday. For the period from October to December 2023, the budget deficit reached … Read more
A view of the city from the Azabudai Hills Mori JP Tower in the Minato district of Tokyo, Japan on November 24, 2023. Ahmet Furkan | Anadolu | Getty Images Asia-Pacific markets rose across the board, with Japan significantly extending its record rally ahead of US inflation data for December. Country benchmark Nikkei 225 it … Read more
The US, China and India may take turns leading the global economy this century, according to an analysis by the Center for Economic and Business Research. The CEBR forecast suggests that China could potentially take the top spot as the world’s largest economy by gross domestic product as early as 2037. The forecast also sees … Read more
US President Joe Biden during his visit to Flex LTD in West Columbia, South Carolina, June 6. Jonathan Ernst | Reuters The White House took aim at former President Donald Trump after the Republican presidential candidate said he hoped the economy would collapse this year rather than during his theoretical second term. “It is the … Read more
After the closing bell at the New York Stock Exchange on December 13, 2023, the screen will show the Dow Jones Industrial Average. Brendan McDermid | Reuters The global economy is moving into a new ‘super cycle’, with artificial intelligence and decarbonisation as driving factors, says Peter Oppenheimer, head of macro research in Europe at … Read more