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The US economy is not facing a recession, says Apollo chief economist Torsten Slk. Slk cites strong employment data, wage growth, and consumer spending as key indicators. Corporate profits are [...]

JPMorgan Chief U.S. Economist Michael Feroli says the August employment report 'reinforced the sense of waning vigor in labor market activity.' The economist believes slower income growth could prove a [...]

In its latest Beige Book report, the Federal Reserve stated: 'Economic activity grew slightly in three Districts, while the number of Districts that reported flat or declining activity rose from [...]

Heineken UK lost off-trade market share. to rivals a er pushing through its 'largest-ever price increases to date' last year, newly filed accounts have revealed. HUK faced 'inflationary pressure on [...]

China's July exports grew 7%, slower than expected, while import growth outperformed expectations. China is facing other economic woes, including weaker consumer spending and a real-estate slump. Businesses eyeing a [...]

Following a robust GDP expansion of 4.7% in 2023, we forecast that growth will ease slightly to 4% in 2024 and to 2.8% in 2025 as important sectors (such as [...]

China's Third Plenum meeting ended with a vague economic plan, disappointing analysts. China's economy is struggling amid a property crisis and weak consumer spending. China's exports are strong but consumer [...]

The Federal Reserve said in its latest Beige Book, 'Economic activity maintained a slight to modest pace of growth in a majority of Districts this reporting cycle. However, while seven [...]

The last year has been challenging for UK households balancing budgets against rising fuel costs, spiralling inflation and wage pressures, according to analysis by global analytics software firm FICO of [...]

Retailers and the hospitality sector are gearing up for a significant boost in consumer spending as Labour’s recent election victory coincides with a major weekend of sporting events, including England’s [...]

The UK economy failed to grow in April, with heavy rainfall significantly dampening consumer spending. According to the Office for National Statistics (ONS), economic activity remained flat for the month, [...]

As previously reported, Argus analyst John Eade upgraded Central Garden & Pet to Buy from Hold with a $50 price target. The company holds a valuable position in its industry, [...]

Converse, a subsidiary of Nike, is set to cut jobs as part of Nike’s broader $2 billion cost-saving initiative, a knowledgeable source disclosed on Tuesday. Announced in December, Nike’s three-year [...]

Consumers are finally slowing their spending and experts say that's a warning sign of the economy. Americans have propped up the economy with a powerful spending spree in the last [...]

Following a robust GDP expansion of 4.7% in 2023, we forecast that growth will ease to 3% in 2024 and to 2.6% in 2025 as important sectors (such as tourism) [...]

Mohamed El-Erian named three key risks that will determine where US growth is headed in 2024 through 2025. That includes changes to the Fed's inflation target and low-income consumer spending. [...]

Byline: S. KAMAL HAYDER KAZMI World Bank maintains Malaysian GDP growth forecast at 4.3pc for 2024 -- orld Bank maintains Malaysian GDP growth forecast at 4.3pc for 2024 The World [...]

The Federal Reserve said in its latest Beige Book: 'Overall economic activity expanded slightly, on balance, since late February. Ten out of twelve Districts experienced either slight or modest economic [...]

Strong economic data has cut the chance of an economic downturn in the next year to 33%, according to Bankrate. Economists credit robust consumer spending for boosting the strength of [...]

We expect real GDP growth to soften to 2% in 2024, before rising slightly to an annual average of only 2.2% in 2025-28. By and large, a softer US economy [...]

Cooling inflation data means the Fed is in position to cut rate in June, LPL's chief economist said. The PCE index, which is the Fed's preferred inflation gauge, decelerated to [...]

The odds of a recession are 'very high' in the US, according to Joe LaVorgna. The chief economist of SMBC Nikko pointed to a number recession warnings flashing in the [...]

Real GDP growth will pick up slightly to 5.1% in 2024, from 5% in 2023. Private consumption remains the biggest driver of growth, given the country's strong consumption base. Supply-chain [...]

Defiant consumer spending has helped the US economy dodge a recession. Yet consumers are saving less, raiding their piggy banks, and racking up record credit-card debt. Experts say their spending [...]

Consumers are spending more of their budgets on food than they have in 30 years. While inflation has slowed down, it's still left prices stubbornly elevated. And (https://www.businessinsider.com/high-food-prices-inflation-gas-costs-groceries-restaurants-americans-economy-2023-12) high food [...]

Byline: Opinion The cost of housing on Long Island is just too darned high. Whether rentals or home ownership, this expense continues to rise due to market pressures, interest rates [...]

The US has a 'super-duper' credit bubble on its hands as 'YOLO spenders' take on massive debt, David Rosenberg said. US household savings are quite low at 3.7%, while consumer [...]