Immigration is playing a significant role in boosting the U.S. economy amid global challenges, according to Joyce Chang, the chair of global research at JPMorgan. Despite high interest rates and inflation concerns, the U.S. Federal … Read more
The Global Impact of Falling Fertility Rates: What You Need to Know A recent study published in The Lancet medical journal has highlighted the significant demographic shifts that are expected to occur over the next … Read more
The Swiss National Bank Surprises Market with Rate Cut The Swiss National Bank made headlines on Thursday by announcing a surprise decision to lower its main policy rate by 0.25 percentage points to 1.5%. This … Read more
In a recent segment on CNBC, Jim Cramer shared his insights on the economy, shedding light on the growing wealth gap in America. Drawing on a metaphor involving microchips and potato chips, Cramer highlighted the … Read more
British Finance Minister Jeremy Hunt said earlier this month the U.K. would not enter a recession this year. Hannah Mckay | Reuters LONDON — Economists expect U.K. Finance Minister Jeremy Hunt to use a small … Read more
The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, … Read more
Calls for a wealth tax on the world’s super-rich are once again gaining attention after U.S. President Joe Biden said he would impose a new “billionaire tax” on the country’s wealthiest if reelected in November. … Read more
Self-employed and gig workers may have to wait a little longer than other jobless Americans to get their unemployment benefits. The new coronavirus relief law significantly expanded the financial assistance it gives to out-of-work Americans, … Read more
The European Central Bank must take its time to get interest rate cuts right and will have a clearer picture of inflationary pressures in June, the institution’s chief economist told CNBC. “A lot of evidence … Read more
Peter Dazeley | Getty Images Scam artists have their eyes on the stimulus checks Americans started receiving this week to help weather the economic contagion of the coronavirus. The federal government deposited the first batch … Read more