Typically, a recession is defined by a decline in economic activity that lasts more than a few months, the NBER says. But the U.S. economy is still chugging along, with second-quarter GDP growing 2.8%, faster than economists had expected. ...
GDP is getting a makeover — what it means for economies, health and the planetdoi:10.1038/d41586-022-03576-wEhsan MasoodNature
The CBO also projects that the federal budget deficit in fiscal year 2025 is on pace to grow by $1.9 trillion. What is the U.S. national debt right now? The U.S. national debt currently stands at more than $36.2 trillion, according to the U.S. Treasury Department. The country’s ...
Jessica WalrackApril 11, 2025 How Much Is the Average Tax Refund? The IRS has issued more than 61 million tax refunds so far in 2025. Here’s the average payment. Kimberly LankfordApril 11, 2025 3 Odd Tax Deductions Taxpayers who think outside the box might be eligible for some unique ...
The hourly minimum wage of Thailand (1.26 USD) is way lower than that of the USA, which is around 7.25 USD. It’s much lower than other Asian countries like Hong Kong (4.82 USD)and China (3.71 USD in Beijing). Also, the cost of infrastructure and office amenities is low in the co...
In a soft landing, the unemployment rate might rise, but the incline would be far from the extremes experienced in the Great Recession, when the jobless rate jumped from 5% to 10%. Right now, the Fed is forecasting that the jobless rate will inch up to 4.1% for 2024 and 2025, slightly...
In today's unpredictable markets, these seven ETFs provide investors with active, professional management. Glenn FydenkevezMay 7, 2025 Under-the-Radar AI Stocks These small-to-midsize AI plays are not as well known as the Magnificent Seven, but they are disruptors worth watching. ...
The average salary in Vietnam is 17.3 million Vietnamese Dong (VND) per month or 697 USD/month (according to the exchange rates in August 2024) — which is significantly lower than the average salaries in countries like the USA or UK. This low-cost labor, a highly educated workforce, ...
Is this a short-term action? How will this unfold over time? I think all of us are speculating, and I think we’re going to listen and learn and make sure that we can control the things we can control. But we don’t want to overreact right now to one day and one headline.”...
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