Treasury Secretary Scott Bessent is pouring cold water on the hot economic numbers of the Biden administration, claiming that growth was ‘brittle underneath’
As proof, Bessent claimed the bulk of the job growth over the past 12 months took place within government and in sectors like ...
Trump official floats new approach on GDP, as economy poised to slow sharply
Commerce Secretary Howard Lutnick wants to separate government spending from GDP, which economists worry could lead to cherry ...
RBC’s McKay Warns of Hit to Economic Growth From Trump’s Tariffs
Royal Bank of Canada’s Dave McKay said he’s hopeful US tariffs end up being temporary but that it’s disappointing to see the ...
'Trumpcession' Talk Surges as US Economy Could Be Rapidly Shrinking
Consumer confidence is cratering, inflation expectations are rising and new tariffs imposed by the president have rocked ...
Economic And Market Data Signal A Recession Is Coming
A slew of economic and market data is signaling that a Trumpcession is around the corner. Declining stock market and dollar ...
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Trump’s tariffs could crimp economic growth, worsen inflation, warn asset managers
A slew of heavy tariffs imposed on Canada, Mexico and China by U.S. President Donald Trump will likely be inflationary and ...
Mises Institute1d
Remittances and Economic Growth
Remittances—financial transfers from migrants to their home countries—are often lauded as a driver of economic growth in ...
South African Economy Shifted Back to Growth in Fourth Quarter
South Africa’s economy expanded modestly in the fourth quarter following a mild contraction in the previous period.
Atlanta Fed model forecasts nearly -3% GDP growth in first quarter of this year
The Atlanta Fed's GDPNow model had, up until the Feb. 28 update, been forecasting growth between 2-4% in line with most other ...
South Africa's economy returns to growth in the fourth quarter
South Africa's economy returned to modest growth in the fourth quarter of last year after a small contraction in the previous ...
Credit markets start to show signs of angst as economic growth concerns build
Credit investors have been very sanguine for a while, pushing spreads for highly-rated corporate debt - the extra the businesses must pay to borrow compared to Treasurys - to multi-year lows. Bullish ...
India's economic growth picks up on rising government, consumer spending
December, picking up on increased government and consumer spending, official data showed on Friday, and the government said ...