IMF warns on China’s property market worsening as it cuts country’s growth outlook
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg |…
Global Economy News, Financial Trends & Market Analysis
Stay updated with the latest economy news, inflation reports, GDP growth updates, Federal Reserve decisions, and global financial developments at StockXpo. Our expert-driven economy coverage helps readers understand market movements, economic trends, and worldwide financial changes with simple and informative analysis.
IMF hikes UK growth outlook amid lower inflation and interest rates
General view of the City of London skyline, the capital’s financial district, in October.Sopa Images | Lightrocket | Getty ImagesLONDON…
Here’s why inflation may look like it’s easing but is still a huge problem
A family shops for Halloween candy at a Walmart Supercenter on October 16, 2024 in Austin, Texas. Brandon Bell | Getty…
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The U.S. Treasury building in Washington, D.C., on Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe Biden administration rang…
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy that is now getting a boost from the Federal Reserve,…
UK inflation falls sharply to 1.7%, below Bank of England’s target for first time in over three years
A wet Piccadilly Circus during a rainy morning in the West End, on 26th September 2024, in London, England. Richard Baker…
The Federal Reserve may have pretty much just hit its 2% inflation target
Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of the Federal Open Market Committee…
Wholesale prices were flat in September, below expectations
A measure of wholesale prices showed no change in September, pointing to a continued easing in inflation, the Labor Department…
French budget surprises with focus on tax hikes as analysts warn of ratings downgrades
France’s newly-installed government on Thursday presented a draft budget containing 60 billion euros ($65.6 billion) in tax hikes and spending…
UK economy returns to growth as Labour tees up all-important budget
Alexander Spatari | Moment | Getty ImagesLONDON — The U.K. economy returned to growth in August following two consecutive months…
Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023
The pace of price increases over the past year was higher than forecast in September while jobless claims posted an…
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton,…
Hurricane Milton could cause as much as $175 billion in damage, according to early estimates
Heavy traffic begins to back up on Interstate 275 South as residents evacuate St. Petersburg, Florida, ahead of Hurricane Milton,…
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22,…
Here’s where the jobs are for September 2024 — in one chart
Getty ImagesThe September jobs report was surprisingly strong, and the details show that growth came from many different areas of…
Jobless rates fall for Black and Hispanic men in September
Job seekers attend the JobNewsUSA.com South Florida Job Fair held at the Amerant Bank Arena in Sunrise, Florida, on June…
U.S. job creation roared higher in September as payrolls surged by 254,000
The U.S. economy added far more jobs than expected in September, pointing to a vital employment picture as the unemployment…
Here’s everything to expect when the September jobs report is released Friday
Attendees at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg |…
Private payrolls show better-than-expected growth of 143,000 in September, ADP says
Private sector hiring picked up in September, indicating the labor market is holding its ground despite some signs of weakness,…
Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in…
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