The U.S. Economy Is Racing Ahead. Almost Everything Else Is Falling Behind.
By David Leonhardt Graphics by Ashley Wu Total G.D.P. Among high-income countries and China China $30 trillion $25 But by ...
International Monetary Fund14d
Global Growth: Divergent and Uncertain
The forecast for 2025 is broadly unchanged from that in the October 2024 World Economic Outlook (WEO), primarily on account of an upward revision in the United States offsetting downward revisions in ...
Euronews17d
What is Davos and why is it important? Your guide to the World Economic Forum’s annual summit
At any other time of the year, Davos is unremarkable other than being a popular ski resort high in the Swiss Alps. But for a week in January, it becomes the focus of the world’s attention as the ...
Oxfam America19d
Top 5 reasons billionaires are bad for the economy
As global elites gather this week in the ski resort town of Davos, Switzerland, for the annual World Economic Forum, our global context couldn’t be more alarming. Billionaire wealth has risen three ...
Hindustan Times20d
Trump’s mandate economy not Greenland; risk of wealth concentration: Ro Khanna
House India caucus co-chair and California Congressman spoke to HT on Trump, his China approach and ties with India, Indian-Americans, Silicon Valley, and liberal internationalism Ro Khanna ...
The New York Times20d
World Economic Forum
A new U.S. president’s promise to expand fossil fuels that is at odds with global ambitions to combat climate change will be a topic of discussion at the World Economic Forum. By David Gelles ...
NDTV20d
India's Economy To Grow By 6.7% In Next Two Fiscal Years: World Bank
The world's largest economy, the US, was estimated to have grown by 2.8 last year with the projected growth slowing down to 2.3 per cent this year and 2 per cent next year. The report warned about ...
The Australian Financial Review20d
China economic growth to slow to 4pc in 2026: World Bank
Washington | The global economy is growing steadily ... is expanding at an agonisingly slow pace. The World Bank downgraded its GDP growth forecast for the 20 countries that share the euro ...
MarketWatch21d
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes Effect of rate hikes ‘has been much weaker than the economics textbook would have predicted,’ according to ...
MarketWatch21d
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Insurance companies are bracing for more than $20 billion in insurance losses from ... Late Thursday, Accuweather pinned the economic losses from the fires at between $135 billion and $150 billion ...
Wall Street Journal21d
Global Economy to Record Steady But Weak Growth, Limiting Catch-Up, Warns World Bank
In its twice-yearly report on the outlook for the global economy, the World Bank said output is likely to rise by 2.7% in 2025 and 2026, the same rate of growth recorded last year. However ...
Bloomberg L.P.21d
Trump Treasury Pick Says China’s Economy Is in Recession
Scott Bessent, President-elect Donald Trump’s nominee for Treasury Secretary, described the world’s No. 2 economy as being in a recession, if not a depression. Bessent, in further bearish ...