Christine Lagarde, chief of the International Monetary Fund, cautions that global growth is slowing down more than expected earlier. Click the audio player above to hear the full story.
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 […]
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 […]
