This month marks the 121th month of economic expansion that emerged from the great financial crisis, US economic. This cycle, which begins in June 2009, breaks the record of 120 months of economic growth from March 1991 to March 2001, according to the National Bureau of Economic Research.
India has lost its place as the fastest growing economy in the world and has grown slower than expected in the first three months of 2019. Official data showed that the economy grew 5.8%, which is slower than the 6.4% growth registered by China, and after 6.6% in the previous quarter. It is the first […]
The number of Americans applying for unemployment benefits increased moderately last week, suggesting that the labour market remains solid, even if the economy slows down. First claims to state unemployment benefit rose to 3,000 seasonally adjusted 215,000 for the week ended May 25, the Ministry of Labour said Thursday. The data for the previous week […]
US consumer prices rose in April, which could support the Federal Reserve’s claim that recent low inflation rates were temporary and allow the central bank to keep interest rates unchanged for a while. The Commerce Department said on Friday its personal consumption expenditures (PCE) price index rose 0.3% last month, after 0.2% in March. The […]
The Association of British industry has warned Conservative top candidates against a brexit without a deal. Such a scenario would cause “serious” damage to businesses, said the panel-which supports the party-to all MPs. General director Carolyn Fairbairn told BBC Radio 4’s Today program that a no-deal Brexit should be an option “not even considered”.
Gottlieb’s comments come as the Food and Drug Administration holds its first public hearing Friday on CBD with testimony lined up from some 140 manufacturers, researchers, farmers, retailers and others. CBD products are “flooding the market” since Congress approved the sale of CBD, or cannabidiol, derived from hemp last year, Gottlieb said in an interview on […]
Any defense of the extravagant compensation for corporate executives inevitably boils down to two points: first, it’s fair because it’s tied directly to increased profits and, second, because it provides necessary incentive for these highly talented people to share their excellence and make the often tough decisions necessary to keep their companies competitive. In an […]
President Donald Trump said Friday the U.S. economy would climb like “a rocket ship” if the Federal Reserve cut interest rates. “I think they should drop rates and get rid of quantitative tightening,” Trump told reporters, referring to the Fed’s policy of selling securities to unwind its balance sheet, a stimulus put in place during […]