The forecast for unemployment is that it will rise slightly from its current rate of 4.2% to 4.3% by year-end of 2025. Thus, there is no expectation of a hard landing. However, if unemployment doesn’t ...
Picture yourself living the American Dream. You likely have more opportunity than your parents did. Through hard work, smart ...
Sterling hit its weakest in more than two years against a stronger dollar and a 10-week low against the euro and could fall further this week as Wednesday’s U.K. inflation data is likely to be ...
The Federal Reserve has welcomed the New Year by more of the same. As government spending continues to explode, the Fed ...
Tom Petty and the Heartbreakers probably were not singing about interest rates in their 1981 hit “The Waiting,” but for ...
With a new year and a new White House administration looming, Newsweek spoke with some of the leading economic and political experts about what inflation could look like in 2025. President-elect ...
The economy is in good shape heading into 2025. Inflation is coming down, growth is brisk, and the job market has remained surprisingly resilient. Now economists are focused on the next big ...
But what economists call “soft landings” – when an economy slows just enough to curb inflation, but not enough to cause a recession – are only soft until they aren’t. As we turn to 2025 ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...
The government said Thursday it expects wage growth in Japan to outpace the country's consumer inflation in fiscal ... the day's meeting of its Council on Economic and Fiscal Policy showed.
Russia's economy is likely entering a year of pain in 2025. Since launching its full-scale invasion of Ukraine in February 2022, the Kremlin has restructured its economy to prioritize its war ...
Further, and relevant in the context, food price inflation triggers a wage price spiral in the rest of the economy, which can continue for a while even if food prices decline. The implication for ...