U.S. GDP grew at 3.1% annualized in Q3 2024, exceeding the 2.8% estimate, marking the fastest growth since Q4 2023. Consumer spending rose 3.7% in Q3, its strongest pace since Q1 2023, fueled by ...
The U.S. economy just delivered a blockbuster third quarter, but traders are already betting that the pace will start to cool sharply. Prediction markets reacted quickly after the ...
August economic data shows China's policy moves haven't acted quickly enough, Goldman Sachs says. The strategists pointed to weak retail sales and potential labor market pressures. They downgraded ...
Forbes contributors publish independent expert analyses and insights. As 2025 approaches, major macroeconomic trends—including interest rates, AI-driven labor market shifts, and the rise of ...
This article examines the gap between strong GDP figures and underlying economic weaknesses. The takeaway is that headline ...
If global crude oil prices rise to $130 per barrel and stay there for 2-3 quarters, then inflation could rise sharply and growth fall to 6.4% in FY27, the government’s top economist said.
China's economy can't seem to catch a break, and Beijing's policy interventions haven't done much to help. Analysts at Goldman Sachs downgraded their forecast for China's GDP growth from 4.9% to 4.7% ...