Saudi Arabia says all NEOM megaprojects will go ahead as planned despite reports of scaling back
Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the…
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.
WEF president: ‘We haven’t seen this kind of debt since the Napoleonic Wars’
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces…
All the data so far is showing inflation isn’t going away, and is making things tough on the Fed
A customer shops for food at a grocery store on March 12, 2024 in San Rafael, California.Justin Sullivan | Getty…
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed few signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that…
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
U.S. economic growth was much weaker than expected to start the year, and prices rose at a faster pace, the…
Why the Fed keeping rates higher for longer may not be such a bad thing
US Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services Committee hearing on the “Federal…
Something strange has been happening with jobless claims numbers lately
A “Now Hiring” sign is displayed on a shopfront on October 21, 2022 in New York City.Leonardo Munoz | View…
UK inflation eases less than expected to 3.2% in March, sparking concerns of U.S.-style stickiness
Workers deliver drinks to a pub in the City of London, UK, on Tuesday, April 16, 2024. Bloomberg | Bloomberg |…
Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’
One of the International Monetary Fund’s top economists signals little risk of a global recession, despite the ongoing rumblings of…
High company valuations a ‘worry,’ IMF’s capital markets chief says
Financial Counsellor and Director of the Monetary and Capital Markets Department Tobias Adrian hold the press briefing of the Global…
U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says
The U.S. economy could be headed for stormy waters in 2025 if the Federal Reserve does not take action soon…
IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite downside risks
Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one…
Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn’t deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department…
Surging inflation fears sent markets tumbling and Fed officials scrambling
A sign advertising units for rent is displayed outside of a Manhattan building on April 11, 2024 in New York…
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
DUBAI, UNITED ARAB EMIRATES – DECEMBER 04: Larry Fink, CEO of Blackrock, speaks at a roundtable discussion titled: “Financing the…
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…
UK economy posts 0.1% growth in February in further sign of recession rebound
People shelters from the rain beneath a Union flag-themed umbrella as they walk past spring flowers in blossom, in St…
European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday,…
Wholesale prices rose 0.2% in March, less than expected
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…
Hot inflation data pushes market’s rate cut expectations to September
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New…
At StockXpo, we simplify complex economic developments into easy-to-understand insights for investors, traders, and everyday readers. Our economy coverage includes inflation updates, Federal Reserve decisions, GDP trends, employment data, and global financial developments that impact markets worldwide. Follow StockXpo for trusted economic analysis and real-time market intelligence.
