economic activity

More job opportunities, fewer layoffs as the U.S. labor market cools

In October the U.S. job openings rose while the layoffs hit a record low, indicating a labor market cool down

12 months ago

China’s Industrial Output and Retail Sales Surge, Boosting Recovery Hopes

China's economic outlook shows improvement as industrial output and retail sales beat expectations in October. Industrial output accelerated to 4.6%,…

2 years ago

Inflation Eases in October, A Glimmer of Hope for Consumers Amidst Economic Uncertainties

In October, consumer prices in the U.S. rose by 3.2% compared to the previous year, signaling a noteworthy slowdown and…

2 years ago

Assessing Canada’s Economic Challenges Amidst the Threat of Recession

The Canadian economy's recent performance paints a sobering picture, with stagnant GDP figures in August and a looming threat of…

2 years ago

The Delicate Balancing Act of Interest Rates, Bank of England’s Dilemma Amidst Persistent Inflation

Navigating the complexities of persistent inflation, the Bank of England faces a crucial dilemma. While some economists argue for sustained…

2 years ago

Rethinking the Role of Wage Growth in the UK’s Economic Recovery

Given the evolving economic landscape, the Bank of England's current emphasis on restraining wage growth warrants reconsideration. As inflation and…

2 years ago

Mobile Sector Adds $5.2 Trillion to Global Economy

Mobile technologies and services generated 5% of global GDP, a contribution that amounted to $5.2 trillion of economic value added.…

3 years ago

China Plans Shanghai-Hangzhou Hyperloop Train by 2035

China is all set to build its first hyperloop train line between Shanghai and Hangzhou, according to the nation’s top…

3 years ago

US FED Hikes Interest Rate for Tenth Time in a Row

The US Federal Reserve (US FED) has hiked interest rates for the tenth time in a row, bringing the key…

3 years ago

Exclusive: Goldman Sachs to cut asset management investments that weighed on earnings

Goldman Sachs Group Inc's asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the bank's…

3 years ago