economy

Russia's Vladimir Putin Is Eyeing Big Tax Increases After Election to Fund the Country's War in Ukraine

Russia's President Vladimir Putin could decide to increase taxes after this month's election to fund the country's war in Ukraine.

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China's Exports and Imports for First 2 Months Beat Expectations

China's import and export growth in January and February exceeded expectations.

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Gold Hits Record High Amid U.S. Monetary Easing Expectations and Geopolitical Tensions

The Middle East's geopolitical instability has fueled gold price hikes, with investors anticipating a Federal Reserve rate decrease.

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US Inflation Inches Up in January, Marking Smallest Annual Increase in Three Years

The Federal Reserve may decrease interest rates in June following the lowest annual gain in over three years in the United States.

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US-ECONOMY-BUSINESS-FINANCE-BANKING

US Middle Class Is Better off Under Biden’s Leadership Than Trump’s: Treasury Sec. Janet Yellen

Treasury Secretary Janet Yellen supported President Joe Biden's economic program, comparing it with that of former President Donald Trump.

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US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November

US Economy Is Still Robust With Labor Market Adding 199,000 Jobs in November

The US workforce added 199,000 jobs in November, and the unemployment rate fell to 3.7% as the world's largest economy continues to struggle with higher interest rates.

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Walmart CEO Says Deflation Could Be Coming This Holiday Season

Walmart CEO Says Deflation Could Be Coming This Holiday Season

Walmart CEO Doug McMillon said on Thursday that the possibility of deflation could be coming this holiday season as other general merchandise and essential grocery gets more affordable.

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Goldman Sachs Says Global Economic Growth in 2024 Will Exceed Expectations

Goldman Sachs Says Global Economic Growth in 2024 Will Exceed Expectations

Goldman Sachs Research is boldly predicting that the global economy is poised to outperform expectations in 2024, demonstrating resilience in the face of recent challenges.

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UK to Host Second Global Investment Summit This Month, Attracting Top Banking Executives Worldwide

UK to Host Second Global Investment Summit This Month, Attracting Top Banking Executives Worldwide

The second Global Investment Summit (GIS 23) will take place on November 27, according to UK Prime Minister Rishi Sunak.

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Boost Your Personal Finances in 2024 by Using These 3 Money Tips From an Economist

Boost Your Personal Finances in 2024 by Using These 3 Money Tips From an Economist

As the financial landscape braces for potential economic challenges in 2024, consumers are encouraged to adopt a strategic approach to their finances.

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India Introduces New Restrictions On Deposits Of Demonetized Money

The Reserve Bank of India launched a new set of rules regarding the deposit of demonetized notes. The new set of restrictions were welcomed with complaints among confused individuals.

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Regulatory Costs Stifle Economic Growth

The accumulated regulations over the decades have been blamed for the slow economic growth in the U.S. A recent study revealed that the buildup of regulations have caused higher costs and more complicated decision-making for the firms operating in the economy.

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Australia Economy Becomes Vulnerable Due To Household Debt Outrages

Here is how Australia's household debt binge has left the country vulnerable as economy shrinks.

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FED Foresees US Economy Expansion Among World Regions

FED has claimed that US economy is still at its highest life as it expands towards regions.

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Brexit To Damage Various Sectors Of UK Economy

A commissioned report revealed that the hard Brexit would bring significant damage to the wealth-creating and manufacturing sectors of the UK economy. MPs supporting the continued membership in the single market are set to present the findings of the study in an Open Britain event.

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