Dubai has secured a position among the world’s top four cities in financial technology, according to the latest release of the Global Financial Centres Index (GFCI). This recognition […]
Banks
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Top Economic Officials Urge Supreme Court to Preserve Federal Reserve Independence
A group of former leaders from the Federal Reserve and Treasury Department are urging the U.S. Supreme Court to intervene and prevent the removal of Lisa Cook from […]
Economy
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U.S. Economy Grew at 3.8% Rate in Second Quarter, Exceeding Expectations
The U.S. economy expanded at an unexpectedly robust pace of 3.8% between April and June, according to revised government data released Thursday, surpassing earlier projections and signaling resilience […]
Economy
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Russia’s Economic Strain Mounts Amid Tax Hikes and Spending Cuts
Russia is grappling with intensifying economic pressures as its budget deficit widens, prompting the government to propose tax increases and reductions in nonmilitary expenditures. The draft budget for […]
Economy
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U.S. GDP Growth in Second Quarter Lifted by Consumer Strength
MarketWatch reports that the U.S. economy demonstrated renewed vigor in the second quarter of 2025, with gross domestic product expanding at a 3.8% annualized rate, according to updated […]
Economy
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U.S. Economy Expands at 3.8% Annual Rate in Second Quarter, Rebounding from Earlier Contraction
WASHINGTON, Sept 25 (Reuters) – The U.S. economy grew at a 3.8% annualized rate in the second quarter of 2025, according to revised data from the Bureau of […]
Economy
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From Banking to Teaching: Economist Brings Real-World Insights to Students
Li Zhang’s journey into academia was shaped by years of practical experience in finance and housing policy in China. Before stepping into a university lecture hall, she worked […]
Economy
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New Jersey Governor Completes Economic Mission Across India
Governor Phil Murphy, First Lady Tammy Murphy, and a state delegation concluded a six-day economic mission across India, culminating in Mumbai after visits to four cities. The trip, […]
Economy
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US Economic Growth Revised Upward Amid Strong Consumer Spending
The US economy expanded at a faster pace than initially reported during the spring months, driven by solid consumer expenditure and a decline in imports, according to updated […]
Economy
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Concerns Over Potential Economic Recession in the United States
Growing unease has emerged regarding the possibility of an economic downturn in the United States. Analysts are observing key indicators such as slowing GDP growth, rising unemployment claims, […]