Surging business confidence in rich countries has put the global economy “back on track” to resume a steady recovery, according to the latest Brookings Institution-Financial Timestracking index. The improvement in outlook has come as a surprise over …
NUSA DUA, Indonesia (Reuters) – Chinese President Xi Jinping said on Monday he expected a "long and tortuous process" of world economic recovery, while China's economic growth rate of about 7 percent was "within a reasonable and expected range".
WASHINGTON, Oct. 6 (Xinhua) — Despite weak growth prospects, the global economy is now less turbulent than several years ago, and the spillover effects of U.S. fiscal and monetary policies are affecting emerging economies, a leading World Bank …
Surging business confidence in rich countries has put the global economy “back on track” to resume a steady recovery, according to the latest Brookings Institution-Financial Times tracking index. The improvement in outlook has come as a surprise over …
The rising American economy isn't lifting all boats — and may even sink some. As the U.S. looks set to accelerate, economists from Bank of America Corp. to Morgan Stanley predict it will provide less oomph abroad than it once did, partly because of …
"They're doing that, I would say, at the great expense of the average American, the U.S. economy and, to some degree, the global economy," said Jason Ware, chief analyst at Albion Financial Group in Salt Lake City. After media reports that House …
… divided Congress. "The government shutdown is bad enough, but failure to raise the debt ceiling would be far worse, and could very seriously damage not only the US economy, but the entire global economy," she said, according to her prepared remarks.
While global markets have so far been relatively resilient, there are growing jitters about the impact on the US economy at a time of heightened uncertainty over a possible winding-down of the Federal Reserve's massive stimulus measures. Apart from …
… into another recession and cause widespread economic chaos. “It'll be a massive hit to our financial system and the U.S. economy at a time when we're still recovering,” said Stan Veuger, a resident scholar at the right-leaning American Enterprise …