The French economy accelerated in the first quarter, increasing somewhat faster than predicted due to an increase in consumer spending and company investment, according to official figures released on Tuesday.   The eurozone's second-largest economy grew by 0.2% in the first three months of...

Growth in China's manufacturing and services sectors slowed in April, according to government surveys released on Tuesday, indicating a loss of momentum for the world's second-largest economy at the start of the second quarter.   Signs of decreasing activity following large increases in...

Advertising is really back.   Following a harsh 2022 in which brands curtailed expenditure to offset inflation, and a cost-cutting and layoff-filled 2023, the leading digital advertising businesses have resumed growth at a robust rate.   This week, Meta, Snap, and Google all released...

The president of the World Economic Forum, Borge Brende, provided a dire assessment of the state of the world economy, stating that if the proper policies are not implemented, the world would see a decade of slow development.   Speaking on Sunday in Riyadh, Saudi Arabia, during the WEF's...

An appliance manufacturer in southern China is having difficulty shipping its goods to Russia—not because there are issues with the devices, but rather because China's major banks are blocking payments for these kinds of transactions due to worries about U.S. sanctions.   The founder of the...

Although monthly inflation in the United States increased somewhat in March, persistently high housing and utility costs signalled the Federal Reserve would maintain high interest rates for some time.   The Commerce Department's report, released on Friday, provided some respite to financial...

The first quarter saw a sharp slowdown in the expansion of the US economy. According to figures from the nation's Commerce Department, the US GDP grew by just 1.6% year over year at the conclusion of the first three months of the year. This is far less than the 3.4% result from the previous quarter...

Ahead of a Bank of Japan meeting where interest rates are anticipated to remain low, the yen was parked by a 34-year low on the dollar and decade lows on other crosses, while the dollar dropped elsewhere on softer-than-expected U.S. GDP statistics.   In response to statistics indicating that...

The first quarter saw the U.S. economy expand at its slowest rate in almost two years due to a spike in imports and a slight accumulation of unsold goods at businesses. These indications of strong demand, coupled with an increase in inflation, confirmed expectations that the Federal Reserve would...