Talk of the K-shaped economy is brewing once again. The moniker first gained traction in 2020 to describe the divergence ...
The top 10% of earners now account for roughly half of all consumer spending, according to a report by Moody’s Analytics.
The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020’s brief but devastating pandemic-induced recession. The nation’s gross ...
The recession caused by the coronavirus pandemic was the shortest economic downturn in modern U.S. history, a panel of economic experts declared Monday. A panel of the National Bureau of Economic ...
WASHINGTON, Aug 4 (Reuters) - Many Americans who voted for U.S. President Joe Biden in 2020 say they believe the economy has faired poorly under his stewardship and that they might not vote for him in ...
An earlier version of this story inadvertently mischaracterized the direction of GDP. After a blockbuster 2021, the U.S. economy decidedly came back to earth early this year, contracting for the first ...
Mexico's economy grew quicker than first estimated during the fourth quarter as the country recovered from its sharpest economic contraction in nearly nine decades, official data showed on Thursday.
Switzerland’s economy unexpectedly expanded at the end of last year, with foreign demand for its goods helping offset the impact of lockdown measures to control the pandemic. Gross domestic product ...
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