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From Retail Sales To Job Reports, Government Shutdown Delays Key US Economic Data
The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the US economy.
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US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
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"Domestic Consumption Growth Can Offset US Tariff Losses": Top Economist
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
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India's GDP Grows 7.8% In Q1 Compared To 6.5% Last Year
In some economic good news for India amid the US tariff conundrum, the GDP has grown by 7.8% in the first quarter of this financial year against an estimate of 6.7%.
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"Unilateral Bullying Rampant": What China Told India Amid Trump Tariff War
Five years after their armies fought a pitched battle in Galwan, India and China are working to mend ways as the Donald Trump administration in the US steps up the tariff war against New Delhi
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US Producer Inflation Highest In 3 Years in July
US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs that businesses are facing pressures from President Donald Trump's tariffs.
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Opinion | Hypocrisy, In Numbers: A List Of All That EU And US Still Buy From Russia
While the West's political rhetoric calls for total economic isolation, its own data reveal its selective exposure to Russia, not the kind of total 'divorce' news headlines have been implying.
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Sensex Breaches 82,600, Nifty Crosses 25,300 As Markets Open At Record High
Indian shares hit record highs just after the open Monday, tracking gains in regional peers after US economic data eased growth concerns, while investors await domestic quarterly growth data.
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Bitcoin Holds Firm Around $19,000 in Anticipation of US CPI Figures
Crypto traded sideways again, and traders were sidelined, while the markets wait for key economic data to drop Thursday morning. Traditional financial markets experienced a similar story in trading on Wednesday.
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5G Rollout Race: European Union Asked by Watchdog to Pick Up Pace
As the US grapples with the 5G rollout affecting airlines, a European Union watchdog warned the EU faces much bigger economic and security threats unless member countries step up cooperation.
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Joe Biden Says Inflation "Top Priority" As US Prices Hit 30-Year High
President Joe Biden has made fighting US inflation his "top priority" after government data showed it reached a 30-year high last month, underscoring the continued threat to his presidency and the economic recovery.
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Germany, France Hope Cloud Data Project GAIA-X Will Boost Sovereignty
Germany and France on Thursday launched a project to set up a European cloud computing platform that they hope will enhance European economic sovereignty in the wake of the coronavirus crisis and break the continent's dependence on US and Chinese companies.
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Dow Surges Again After US Economic Relief Bill Advances
The Dow surged for a third straight session Thursday after a massive US economic relief package cleared the Senate and data showed an unprecedented spike in unemployment claims.
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US Unemployment Falls To 50-Year Low Of 3.5% In September
America's jobless rate tumbled in September to its lowest level in 50 years, which could help assuage fears of an economic slowdown, according to government data released Friday.
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At 6.6%, China's Economy Grew At Slowest Pace In Almost 3 Decades In 2018
China Economy: China's economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles to quell massive debt and a US trade war, official data showed Monday.
-
From Retail Sales To Job Reports, Government Shutdown Delays Key US Economic Data
The government shutdown that began Wednesday will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the US economy.
-
US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
-
"Domestic Consumption Growth Can Offset US Tariff Losses": Top Economist
Chief Economic Adviser V Anantha Nageswaran on Friday said India's domestic consumption growth can offset the US tariff-related losses, which is why the GDP estimates for the year 2025-26 haven't been revised downwards.
-
India's GDP Grows 7.8% In Q1 Compared To 6.5% Last Year
In some economic good news for India amid the US tariff conundrum, the GDP has grown by 7.8% in the first quarter of this financial year against an estimate of 6.7%.
-
"Unilateral Bullying Rampant": What China Told India Amid Trump Tariff War
Five years after their armies fought a pitched battle in Galwan, India and China are working to mend ways as the Donald Trump administration in the US steps up the tariff war against New Delhi
-
US Producer Inflation Highest In 3 Years in July
US producer price inflation bounced in July to its highest reading since 2022, data showed Thursday, with underlying signs that businesses are facing pressures from President Donald Trump's tariffs.
-
Opinion | Hypocrisy, In Numbers: A List Of All That EU And US Still Buy From Russia
While the West's political rhetoric calls for total economic isolation, its own data reveal its selective exposure to Russia, not the kind of total 'divorce' news headlines have been implying.
-
Sensex Breaches 82,600, Nifty Crosses 25,300 As Markets Open At Record High
Indian shares hit record highs just after the open Monday, tracking gains in regional peers after US economic data eased growth concerns, while investors await domestic quarterly growth data.
-
Bitcoin Holds Firm Around $19,000 in Anticipation of US CPI Figures
Crypto traded sideways again, and traders were sidelined, while the markets wait for key economic data to drop Thursday morning. Traditional financial markets experienced a similar story in trading on Wednesday.
-
5G Rollout Race: European Union Asked by Watchdog to Pick Up Pace
As the US grapples with the 5G rollout affecting airlines, a European Union watchdog warned the EU faces much bigger economic and security threats unless member countries step up cooperation.
-
Joe Biden Says Inflation "Top Priority" As US Prices Hit 30-Year High
President Joe Biden has made fighting US inflation his "top priority" after government data showed it reached a 30-year high last month, underscoring the continued threat to his presidency and the economic recovery.
-
Germany, France Hope Cloud Data Project GAIA-X Will Boost Sovereignty
Germany and France on Thursday launched a project to set up a European cloud computing platform that they hope will enhance European economic sovereignty in the wake of the coronavirus crisis and break the continent's dependence on US and Chinese companies.
-
Dow Surges Again After US Economic Relief Bill Advances
The Dow surged for a third straight session Thursday after a massive US economic relief package cleared the Senate and data showed an unprecedented spike in unemployment claims.
-
US Unemployment Falls To 50-Year Low Of 3.5% In September
America's jobless rate tumbled in September to its lowest level in 50 years, which could help assuage fears of an economic slowdown, according to government data released Friday.
-
At 6.6%, China's Economy Grew At Slowest Pace In Almost 3 Decades In 2018
China Economy: China's economy grew at its slowest pace in almost three decades in 2018, losing more steam in the last quarter as it battles to quell massive debt and a US trade war, official data showed Monday.
