Tag: economy

Credit ratings agency Fitch has maintained its AA+ long-term foreign currency sovereign credit rating for the United States. Despite projecting that the United States economy would grow at a shrinking rate in 2024, Fitch has maintained a "stable" outlook for the economy, which has...

European stocks slipped lower on Monday after economic data showed that Germany's economy contracted for the first time since the pandemic. The Stoxx Europe 600 index fell 0.3%, reversing its upward trajectory following a 13% gain over the course of 2023. Consumer goods and...

China appears to be on course to meet its economic growth goal for 2023, Yahoo Finance claimed, with economic data due on Wednesday expected to show that gross domestic product rose by 5.2% for the year. This comes despite the nation's struggles with a...

An influx of incoming economic data is expected to show that the U.S. economy remains strong despite recession concerns. Considering that the economy grew at its fastest rate in the third quarter in nearly two years, this is posing a challenge for the Federal...

China's economy appears to be stabilizing after an extended period of turbulence following the release of the country's latest purchasing managers' index (PMI). The report, published by the National Bureau of Statistics, found that factory activity in the world's second-largest economy is expanding for...

China's economic pressures eased in August as consumer prices rose, showing signs that the world's second-largest economy may have gotten over its worst post-pandemic economic slump. Data released by the National Bureau of Statistics on Saturday showed that China's consumer price index rose by 0.1%...