February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumers grew more pessimistic about the economic outlook in February as worries brewed about a slowing economy and rising inflation, the Conference...
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Africa's 10 richest countries with combined wealth of £1.9 trillion - full list
Africa is a rapidly developing continent, home to some of the fastest-growing economies in the world. While many nations still face economic...
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Forget $15 an Hour — the Minimum Wage Should Be $24
The coronavirus pandemic relief bill passed by the House of Representatives this week would raise the federal minimum wage in steps until it reached...
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It's almost impossible for first-time buyers to afford a home, top analyst says
It's virtually impossible for first-time buyers to afford a home today, says Mark Zandi of Moody's. The surge in house prices and mortgage rates...
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ECB set to cut rates this week: Could Trump tariffs cloud outlook?
The ECB is expected to cut rates by 25bps to 2.75% on Thursday as inflation nears 2% and growth remains weak. Analysts see further cuts in 2025, but...
Read MoreGold prices steady, investors eye upcoming U.S. PCE data
Gold prices steadied on Wednesday after a recent record rally, while investors looked towards inflation data due later this week and the latest...
Read MoreThe Federal Reserve's favorite recession indicator is flashing a danger sign again
An ominous measure that the Federal Reserve considers a near surefire recession signal again has reared its head in the bond market. The 10-year...
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Teachers consulted on 2.8% pay rise and potential strike action
Teachers are to be consulted about a 2.8% pay rise and whether they are prepared to strike over the offer. Around 284,000 members of the National...
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Unemployment will double by the end of the year with an economic hard landing inevitable, strategist says
Unemployment will reach 6% or 7%, and a hard landing will hit by the end of 2024, a strategist says. Declining inflation is set to shrink company...
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Vietnam raises GDP growth target to at least 8%, approves China rail link
Vietnam's National Assembly on Wednesday approved raising the economic growth target for this year and also voted in favor of major infrastructure...
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