Economic boost from Taylor Swift’s Eras Tour could be overstated, Nomura warns
Taylor Swift performs onstage at Lumen Field in Seattle on July 22, 2023.Mat Hayward/tas23 | Getty Images Entertainment | Getty…
Economy News, Analysis & Global Insights
Explore key updates and expert insights on global economy trends, markets, and financial policies.
Germany’s housebuilding sector is in a ‘confidence crisis’ as the economy struggles
A construction site with new apartments in newly built apartment buildings.Patrick Pleul | Picture Alliance | Getty ImagesGermany’s housebuilding sector…
Fed’s Waller wants more evidence inflation is cooling before cutting interest rates
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, D.C., on Friday, Sept. 23,…
Turkey ends hiking cycle after 8 months, holding key rate at 45%
Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday.Ismail Ferdous | Bloomberg |…
Germany slashes 2024 growth forecast to just 0.2% as economy in ‘tricky waters,’ minister says
Robert Habeck, German Minister for Economy and Climate Protection and Vice Chancellor, is pictured during the weekly meeting of the…
Israel’s GDP contracts nearly 20% in fourth quarter amid Gaza war
An Israeli national flag above produce for sale at Carmel Market in Tel Aviv, Israel, on Nov. 7, 2023.Bloomberg |…
Bank of England rate cuts likely later but larger, Goldman Sachs says
Blurred buses pass the Bank of England in the City of London on 7th February 2024 in London, United Kingdom. Mike…
January wholesale prices rise more than expected, another sign of persistent inflation
Customers shop at a Costco Wholesale store on December 15, 2023 in Miami, Florida.Joe Raedle | Getty Images News |…
British retail rebound provides some hope for recession-hit economy
A general view of a kiosk near Charing Cross station in London, England, on January 20, 2024. (Photo by Alberto…
Retail sales tumbled 0.8% in January, much more than expected
Consumer spending fell sharply in January, presenting a potential early danger sign for the economy, the Commerce Department reported Thursday.Advance…
Brexit Britain has ‘significantly underperformed’ other advanced economies, Goldman Sachs says
Pro-EU demonstrators protest outside Parliament against Brexit on the fourth anniversary of Britain’s official departure from the European Union in…
Prices rose more than expected in January as inflation won’t go away
Inflation rose more than expected in January as stubbornly high shelter prices weighed on consumers, the Labor Department reported Tuesday.The…
China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says
DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows…
Russia’s economy ‘in for very tough times’ despite improved growth outlook, IMF managing director says
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14,…
Germany’s economy is on shaky ground and glimmers of hope are few and far between
Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and…
Inflation in December was even lower than first reported, the government says
People shop in a supermarket in the Manhattan borough of New York city on January 27, 2024.Charly Triballeau | AFP…
El-Erian, Krugman and other economists have very different opinions on China’s struggling economy
Many Chinese developers have halted or delayed construction on presold homes due to cash flow problems. Pictured here is a…
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist
A mosaic collection of world currencies.FrankvandenBergh | E+ | Getty ImagesThe world is looking at a debt crisis that will…
Credit card delinquencies surged in 2023, indicating ‘financial stress,’ New York Fed says
D3sign | Moment | Getty ImagesCredit card delinquencies surged more than 50% in 2023 as total consumer debt swelled to…
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Arthur Laffer
A mosaic collection of world currencies.FrankvandenBergh | E+ | Getty ImagesThe world is looking at a debt crisis that will…
