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Is US really in a recession? More than half of Americans think so

Americans perceive US in recession, attribute economic challenges to Biden. Inflation and cost of living major worries, despite GDP growth.

Money-market fund assets rose as elevated short-term rates continued to lure funds, even after recent economic data suggests the Federal Reserve could ease monetary policy this year. Photographer: Al Drago/Bloomberg(Bloomberg)
Published on May 24, 2024 08:00 AM IST

Boost for Rishi Sunak? UK exits recession with better-than-expected 0.6% growth

The Office for National Statistics said gross domestic product expanded by 0.6% in the three months to March.

Britain's Prime Minister Rishi Sunak hosts a meeting with Vice Chancellors from some of the country's leading universities, and representatives from the Union of Jewish Students, inside Downing Street in central London.(AFP)
Updated on May 10, 2024 12:08 PM IST
Reuters |

Solid profits at banks as execs debate US economic risks

Solid profits at banks as execs debate US economic risks

HT Image
Updated on Apr 12, 2024 09:05 PM IST

California is gripped by economic problems, with no easy fix

Rising unemployment, a growing deficit and persistent outmigration are a painful trinity

The Golden Gate Bridge and San Francisco skyline (AP)
Published on Apr 06, 2024 08:09 AM IST
The Economist

New Zealand GDP shrinks 0.3% unexpectedly, entering second recession in a row

Gross domestic product dropped 0.1% in the fourth quarter after declining 0.3% in the prior three months, government data showed.

View of an entrance to the Reserve Bank of New Zealand in Wellington, New Zealand.(Reuters)
Published on Mar 21, 2024 08:04 AM IST
Bloomberg |
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