El-Erian, Krugman and other economists have very different opinions on China’s struggling economy
The divide between China bulls and bears is getting louder as the beleaguered economy comes into full focus this year.
‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist Art Laffer
The world is looking at a debt crisis that will span the next 10 years and it's not going to end well, economist Arthur Laffer...
Credit card delinquencies surged in 2023, indicating ‘financial stress,’ New York Fed says
Debt that has transitioned into "serious delinquency," or 90 days or more past due, increased across the board during the year,
Red Sea tensions risk significantly higher inflation, OECD warns
Higher shipping costs could add 0.4 percentage points to consumer price inflation, the Paris-based group said Monday.
Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’
With Turkey's inflation at 65%, the 42-year-old economist has his work cut out for him.
Turkey’s inflation sees biggest monthly jump since August, nears 65% year-on-year
In January, Turkish inflation saw its biggest monthly jump since August, rising 6.7% from the month prior, according to the Turkish Central Bank.
The unemployment rate of Black men rose in January, underscoring continued inequality in labor market
While experts warn against reading too much into month-to-month changes, data does show a continued disparity between Black and white males in the workforce.
U.S. economy added 353,000 jobs in January, much better than expected
Nonfarm payrolls were expected to increase by 185,000 in January, according to a Dow Jones consensus estimate.
January hiring was the lowest for the month on record as layoffs surged
Challenger, Gray & Christmas said planned layoffs totaled 82,307 for the month, a jump of 136% from December.