Here’s why China’s GDP cannot surpass United States this year
The US economy’s strong performance in 2023, along with the challenges faced by China’s economy,…
Browsing: Markets
Gold gains on dollar retreat, focus now on US inflation data
Gold prices rose on Monday, helped by a pullback in the dollar, while investors looked…
Consumers tapping out amid sticky inflation and slowing job market
The U.S. economy is starting to see weakness in its most important growth driver, the…
US retail sales rise a meagre 0.1% in May from April as still high inflation curbs spending
The national average price for a gallon of unleaded gasoline was USD 3.45 as of…
US inflation cooled in May in a sign that price pressures may be easing
Inflation in the United States eased in May for a second straight month, a hopeful…
These 5 U.S. cities have been hit hardest by inflation
Dallas, Detroit, Honolulu, San Francisco and Seattle are all distinctly different U.S. cities, but with…
Will the UK and US cut interest rates like Europe?
After pushing borrowing costs sharply higher in recent years to try to quell soaring prices,…
Dollar set for first monthly drop after US inflation readout
The dollar was lower on Friday and on track for its first monthly decline in…
US economic growth slows but inflation grows
The US economy grew by less than forecast in the first three months of this…
Here’s why summer travel vacations will cost more this year
Summer vacations, a big-ticket purchase for most Americans, will be even costlier this year despite…