Economic News

U.S. Jobless Claims Drop to 218,000 as GDP Revised Higher

By Harshit| September 27, 2025 | Washington D.C. | 5:45 AM EDT The U.S. labor market showed unexpected strength last week as jobless claims fell well below expectations, while economic growth was revised sharply higher for the second quarter, offering fresh evidence that the economy continues to defy predictions of a slowdown. Jobless Claims Fall […]

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Global Debt Hits Record $337.7 Trillion Amid Accommodative Central Banks

By Harshit, Washington D.C., September 27, 2025 — 01:50 AM EDT Global debt reached a new record of $337.7 trillion at the end of the second quarter, driven by easing financial conditions, a softer U.S. dollar, and a more accommodative approach from major central banks, according to a quarterly report released Thursday. Debt Surge Across

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U.S. Core Inflation Holds at 2.9% in August, Fed Still on Track for Rate Cuts

By Harshit, Washington D.C., September 26, 2025 — 8:45 AM ETD Inflation in the United States remained steady in August, according to the Federal Reserve’s preferred gauge, reinforcing expectations that policymakers will move ahead with two more interest rate cuts before the end of the year. Inflation Data: In Line with Forecasts The Commerce Department

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European Stocks Edge Higher as Investors Digest U.S. Trade Policy Moves

By Harshit, London, September 26, 2025 — 10:05 CEST European stocks opened broadly higher on Friday as investors reacted to the latest trade policy announcements from the White House and assessed the potential impact on key sectors. The pan-European Stoxx 600 index was up 0.2% by mid-morning in London, with most sectors trading in positive

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Fewer Americans Quitting Jobs Signals “Frozen” Labor Market

By Harshit, Washington D.C., September 25, 2025 — 09:45 ET Fewer Americans are leaving their jobs, and hiring has slowed significantly, creating a labor market that experts describe as “frozen” with limited mobility. Economic uncertainty is prompting workers to remain in their current roles, even amid growing dissatisfaction, a trend some analysts call “job hugging.”

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European Stocks Fall Ahead of U.S. Jobs Report; H&M Shares Jump on Earnings

By Harshit, London, September 25, 2025 — 09:36 CEST European stock markets opened lower on Thursday as investors awaited key U.S. labor market data, while a strong earnings report from Swedish fashion retailer H&M provided a rare bright spot. Economic Growth: Markets Stay Cautious The pan-European Stoxx 600 index was down 0.6% by mid-morning in

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OECD Raises Global Growth Forecast for 2025 Amid Resilient Economies

By Harshit | September 23, 2025 | Washington, D.C. | 11:45 AM EST Global Economy Shows Unexpected Strength The Organisation for Economic Co-operation and Development (OECD) upgraded its global economic growth forecast on Tuesday, citing unexpectedly resilient performance in several major economies. The organization now projects the world economy will expand 3.2% in 2025, up

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The biggest shifts and trends driving short- and long-term growth in the future

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Credit Bank, which offers loans to people without credit score, has raised $15M

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Credit Bank, which offers loans to people without credit score, has raised $15M Read More »