Americans Are Less Confident About Where The US Economy Is Headed
US consumer confidence tumbled in December from the previous month amid Americans' growing uncertainty over the economic outlook in the year ahead.
US consumer confidence tumbled in December from the previous month amid Americans' growing uncertainty over the economic outlook in the year ahead.
Consumers have grappled with unusually high inflation for the last three years, an economic burden that may have influenced the presidential election.
Nouriel Roubini, renowned for his bearish market outlooks, gained prominence after predicting the 2008 Global Financial Crisis.
Developing nations, already set for a turbulent 2025, are having to cope with ballooning interest payments on $29 trillion of debt.
Jamie Dimon, the CEO of JPMorgan Chase has issued a sobering warning about the potential for economic turbulence in the United States.
China’s GDP figures have long been a subject of skepticism, and now a prominent Chinese economist has openly voiced doubts about their accuracy.
“20 years of subdued inflation, low interest rates, a reduced cost of capital and financial leverage have given way to a new regime," says economist.