Wen described China's goal of doubling its year 2000 per capita gross domestic product (GDP) figure by 2010 as "active and prudent." He also said the goal of reducing energy costs per unit GDP by 20 per cent in the coming five years "achievable." This reflects the requirement for the ...
Spending on data centers likely contributed 0.1%-0.3% to GDP growth in 2024, as per J.P.Morgan's estimates. While the brokerage estimates exclude the costs of new power generation, it projected each 5-10 gigawatt in new capacity could require $20 ...
The gray bars throughout the charts indicate the past U.S. recessions since 1967. A quick look at the “Historical Treasury Yield Spread (10Y-1Y)” graph suggests that historically, an economic recession generally follows once the yield spread drops below 0% (the red Y-axis). This is esp...
The S&P 500 in late November was trading at 22.5 times estimates of next year's earnings, according to a PwC analysis of data from S&P and FactSet. That's 40.1% higher than the average over the last 20 years. Meanwhile, PwC anticipates annual real GDP will have shown growth at 2.7% ...
Amid stubborn inflation that shows no sign of abating, US gross domestic product (GDP) growth slowed significantly to an annual rate of 1.6 percent in the first quarter, marking a sharp drop from the 3.4 percent in the f...
Former Planned Parenthood President, Women's Rights Activist Cecile Richards Has Died at 67 Cecile Richards, a national leader for women’s rights who led Planned Parenthood for 12 tumultuous years, has died Associated PressJan. 20, 2025
Are There Any Tax-Free Investments? Investing doesn't only mean picking profitable stocks; it's also about minimizing tax exposure. Marguerita ChengFeb. 12, 2025 7 Best Socially Responsible Funds Though Trump has given up on ESG and DEI initiatives, investors don't have to. ...
A Nebraska man is getting title to his home back, years after losing it over a $588 tax debt Associated PressDec. 26, 2024 Storms Across US Bring Heavy Snow, Dangerous Ice and a Tornado in California Inclement weather has plagued areas of the U.S. in the first half of the weekend, ...
Describe the change in the US government debt as a percentage of GDP over the past 20 years What are the three “knock-on” effects of rising government debt around the world mentioned in the article? What role does the US dollar’s status as a global reserve currency play in the governm...
Surveying Past U.S. Recessions Let's take a look at all official U.S. recessions since the Great Depression, focusing on common measurements of their severity as well as causes. Duration: How long did the recession last, according to NBER? GDP decline: How much did economic activity con...