Economy - Page 52

The economy was supposed to get a lot weaker, and hiring was supposed to slow to a crawl. Neither has happened. The U.S. is

Jeffrey Gundlach, founder of DoubleTree, shared his insights on the U.S. economic outlook and Federal Reserve’s monetary policy on CNBC’s “Closing Bell” Wednesday. The

Treasury Secretary Janet Yellen on Thursday called the relationship between the U.S. and China among “the most consequential in the world,” saying, “we need

India’s gross Goods and Services Tax (GST) revenue for October 2023 soared to its second-highest-ever figure of ₹1.72 lakh crore ($22.9 billion), marking a

The U.S. Federal Reserve has held its benchmark lending rate steady for the second consecutive time, signifying a pause in its ongoing rate-hiking campaign

The numbers: The productivity of American workers rose at a 4.7% annual clip in the third quarter, the government said Thursday. Economists surveyed by

In its second consecutive monetary policy meeting, the US Federal Reserve (Fed) has maintained the federal funds rate at a range of 5-1/4 to

The numbers: The number of Americans who applied for unemployment benefits last week rose by 5,000 to a seven-week high of 217,000, suggesting some

India’s Gross Goods and Services Tax (GST) collections for October 2023 have risen by 13% year-on-year (YoY), reaching Rs 1.72 lakh crore ($23 billion),

Orders for manufactured goods rose 2.8% in September, the Commerce Department said Thursday. That’s the biggest gain since January 2021. Economists surveyed by the Wall