Tag: Economic slowdown
Barclays Bank Profit Beats, Prepares for Tariff Impact
So, like, guess what? British bank Barclays totally crushed it in the first quarter, beating expectations on both the top and bottom lines. Pre-tax profit soared to £2.7 billion ($3.6 billion), which is an...
Friday’s Jobs Report: Slowest Hiring Pace in Years
Friday's Jobs Report: Slowest Hiring Pace in YearsOn Friday, the Bureau of Labor Statistics is expected to release a report indicating that October had the slowest job creation in nearly four years. Economists predict...
China’s Annual Growth Target Likely to Be Missed – Economic Analysis and Forecast
The recent economic data from China has been disappointing, leading to a revision in the annual GDP growth forecast for 2024. The country's economy has shown a renewed downturn, with weak domestic consumption being...