Tag: economy

Who was better for the California economy, Biden or Trump?

Reality Check is a Sacramento Bee series holding those in power to account and shining a light on their decisions. Have a suggestion for a future story? Email realitycheck@sacbee.com.com. The nation enjoyed historically low unemployment under Donald Trump until the Covid pandemic. It’s also enjoying low jobless rates since Joe Biden became president. But prices […]

Biden, Trump trade fierce accusations, insults on economy, immigration, abortion

President Biden and former President Trump pummeled each other Thursday night in a highly contentious opening to their first debate, with furious exchanges about immigration, foreign policy and abortion dominating the opening minutes of their confrontation. The abundant disdain between the current president and his predecessor became evident from the opening moments, with Trump going […]

Trump and Biden spar on economy after skipping handshake at start of debate

PHOENIX (AP) — President Joe Biden and former President Donald Trump opened their first 2024 president debate without shaking hands and went right to mixing it up on policy Thursday night. Some key moments from their 90-minute faceoff. Economic fireworks Their first exchange delved into the economy. Biden spoke softly, in a hoarse voice, as […]

Trump’s claims about the economy in the debate will be lies

If Donald Trump is reelected in November, despite baggage that would deep-six any other politician, he can chalk it up mainly to one thing: Voters’ perception that he can handle their top concern — the economy — better than President Biden. Emphasis on “perception.” Trump would have Americans believe that as president, he created “the […]

Economy expected to grow in ‘robust fashion’ into 2025

The Irish economy is expected to grow “in a robust fashion” in 2024 and 2025, according to the ESRI. In its latest quarter economic commentary, the institute says headline and underlying indicators suggest the economy will perform well over the coming months, driven by a “better-than-expected international outlook and robust domestic growth”. Modified domestic demand […]

Turkish Rate Cut Likely Months Away for Economy Going in Reverse

(Bloomberg) — Turkey’s central bank is set to stick with an interest-rate pause that’s likely to last through much of the year or even beyond, engineering a slowdown in the economy to lower one of the world’s highest levels of inflation. Most Read from Bloomberg Economists surveyed by Bloomberg are unanimous in forecasting the one-week […]

Republican state AGs challenge new US fuel economy rules

By David Shepardson WASHINGTON (Reuters) -A group of 26 state attorneys general led by West Virginia and Kentucky on Wednesday challenged the Biden administration’s new fuel economy rules, calling the requirements unworkable and saying they would force automakers to build more electric vehicles. The National Highway Traffic Safety Administration earlier this month finalized tighter vehicle […]

A $100 Billion Bet on China’s Economy Sours as Warehouses Empty

(Bloomberg) — In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity. Most Read from Bloomberg Logistics hubs that were built in anticipation of a long-lasting boom in e-commerce, manufacturing and food storage are losing tenants, forcing […]

Scholz promises relief for German economy at industry conference

German Chancellor Olaf Scholz speaks at the Day of German Industry 2024 organized by the Federation of German Industries (BDI). The BDI’s two-day future conference with representatives from business, politics, science and society is being held this year under the motto “Cohesion in polarized worlds”. Bernd von Jutrczenka/dpa German Chancellor Olaf Scholz promised relief for […]

Here’s What That Would Mean for the Economy and Your Wallet

Robin Rayne / ZUMA Press Wire / Shutterstock.com Former president Donald Trump recently suggested that he is considering instituting a policy of tariffs that would lead to the elimination of the federal income tax. Check Out: Trump-Era Tax Cuts Are Expiring — How Changes Will Impact Retirees Read More: 4 Genius Things All Wealthy People […]

The Largest Economy in the World by 2050

We recently compiled a list of the Top 20 Largest Economies in the World by 2050 and in this article we will take a look at the country that’s expected to be the largest in 2050. Global Economic Forecast: Emerging Markets Set to Dominate by 2050 According to a report by the Organisation for Economic Co-operation […]