Economic growth

Around 400,000 furloughed federal workers and contractors aren’t being paid as a result of the government shutdown. And that’s hurting not just their households, but also the economy at large.  Click the audio player above to hear the full story.

Economic growth in the rest of the world will slow next year. And that slowing growth will take a bit of wind out the U.S. economy’s sails. So said Maurice Obstfeld, the outgoing chief economist of the IMF, this past weekend. In other words, despite “America first” rhetoric and increasingly nationalistic economic policies, the United States […]

Major company layoffs are not tied to economic worries necessarily.

What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

What goes up must come down. In the case of the Chinese economy, what grows like an economic weed inevitably starts to slow down. Today we learned China grew by a mere 6.5 percent the latest quarter. The country’s lowest growth since the Great Recession. You might be tempted to blame that on China’s current […]

The International Monetary Fund said Tuesday it’s shaving off some of its earlier optimism about world economic growth over the next couple years. It has downgraded its growth forecast for this year from 3.9 percent to 3.7 percent, and for next year, the IMF has ticked the world’s growth down from 2.7 percent to 2.5 […]