Economy
Economy news
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CEO Recession Expectations Decline in Latest Survey Findings
Recent CEO recession expectations are showing signs of optimism, as less than 30% of corporate leaders predict a mild or…
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Russia Interest Rate Cut Signifies Economic Easing
In a significant move to stimulate economic stability, the recent Russia interest rate cut marks the Bank of Russia's first…
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China Shock: How It’s Cooling Inflation Globally
The term "China shock" is resurfacing as the world braces for the economic ripples from a surge of low-cost Chinese…
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Corporate Layoffs: Companies Making Cost-Cutting Moves
Corporate layoffs have surged recently, with numerous companies announcing significant job cuts as part of their restructuring efforts.Amid heightened economic…
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May Jobs Report: What to Expect from Payroll Numbers
The May jobs report is poised to reveal a significant slowdown in hiring, with economists forecasting only 125,000 new jobs…
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Trade Deficit Records Major Decrease Amid Lower Imports
A trade deficit occurs when a country imports more goods and services than it exports, creating a significant imbalance in…
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Economic Report: Fed Beige Book Cites Slow Growth and Inflation
The latest economic report from the Federal Reserve, commonly referred to as the Fed Beige Book, highlights concerning trends within…
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Tariff Price Increases Impacting Companies and Consumers
Tariff price increases are reshaping the landscape of consumer goods and services, as companies respond to the financial pressures imposed…
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Bulgaria Eurozone Membership: A Step Towards Economic Growth
Bulgaria is poised to join the eurozone, marking a significant step towards euro adoption that will expand the bloc from…
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Private Sector Hiring: Slowest Increase in Two Years
Private sector hiring saw a notable slowdown in May, with only 37,000 jobs added, according to the latest ADP employment…
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