Quick Overview Income Recovery: U.S. median household income rose by 4% in 2023, returning to near pre-pandemic levels. Poverty Rates:…
Key Points Fed’s Dual Mandate: The Fed must balance inflation control with employment support, focusing on labor market strength. Soft…
Quick Overview Massive Wealth Erosion: $16 billion lost by China’s wealthiest due to stock selloffs in Nongfu Spring and PDD…
Quick Overview Wholesale Price Stability: After a spike in 2021-2022, wholesale prices have stabilized, indicating a potential easing of inflation.…
Quick Look: Dow dropped over 1,000 points, Nasdaq fell 3.4%, and S&P 500 declined nearly 3%. CBOE Volatility Index hit…
Quick Look: The eurozone grew by 0.3% in Q2, surpassing predictions but showing uneven performance across countries. Germany’s economy declined…
Quick Look: Venezuela’s economy is projected to grow by 4.2% in 2024, primarily driven by trade and services. Despite sanctions,…
Quick Look: China’s economy grew at 4.7% in Q2, below the expected 5.3%, reflecting ongoing recovery challenges. Weak consumer demand…
Key Points: South Korea saw consumer inflation at 2.4%, down from 2.7% in May, surpassing expectations. June’s CPI experienced a…
Key Points: Japan’s GDP for Q1 was revised from -1.8% to -2.9%, highlighting persistent economic challenges. A slight decline from…
