SYCAMORE – Sycamore city leaders are expected to vote on a proposal Monday which could expand DeKalb County’s geographical area meant for economic development by almost 800 acres of land, in an effort to entice further countywide business growth, documents show. A modification for what’s known as the DeKalb County Enterprise Zone is up for […]
The US dollar and gold prices soared to unprecedented levels in Turkey on Friday, reflecting the ongoing inflationary pressures faced by the nation’s residents. The dollar peaked at 31.50 Turkish liras during the morning trading session before stabilizing at 31.33 liras by midday. Concurrently, the price for one gram of gold climbed to 2,070 liras, […]
A closely-watched estimate of US gross domestic product (GDP) was revised down for the final three months of last year, according to Commerce Department data released on Wednesday, albeit it is still consistent with positive economic growth. GDP growth in the world’s largest economy was lowered to an annual rate of 3.2 per cent in […]
The US, the world’s number one economy is shining. And the second largest, China, is slowing down. Any change in the Top Two means big news for the whole world – for better or worse. For Bangladesh as well, low inflation and high employment in the US are good news as they will spur consumer […]
Just since last November, the most closely watched measure of consumer confidence about the economy has soared by about 25 percent. That’s among the most rapid improvements recorded in years for the University of Michigan’s Index of Consumer Sentiment, even after a slight decline in the latest figures released yesterday. And yet, even as consumer […]
HIGH POINT — Though he’s only been on the job a month, the city of High Point’s new economic development director said it’s clear to him that he walked into a good situation. Peter Bishop said he has plenty of selling points to work with when he’s recruiting businesses to the city. “The things you […]
Key points: US February ISM manufacturing 47.8 vs 49.5 expected US January construction spending -0.2% vs +0.2% expected US February UMich final consumer sentiment 76.9 vs 79.6 expected US Feburary S&P Global final manfacturing PMI 52.2 vs 51.5 prelim Fed’s Barkin: Yesterday was a high inflation report Fed’s Kugler: Signs firms are adjusting prices slower, […]
WEBCAST | Trouble Ahead For U.S. Markets & Economy? Hedgeye Read the full article…
This content was published on March 1, 2024 – 05:02 By Marcela Ayres and Christian Kraemer SAO PAULO (Reuters) -Finance leaders from the world’s largest economies failed to agree on a joint statement as they wrapped up talks on Thursday, with divisions over the wars in Gaza and Ukraine overshadowing efforts to forge a consensus […]
Xi Jinping’s consolidation of power has cleared the path for him to break China’s cycle of debt-driven growth and put the economy on a more sustainable footing. But there’s a big problem: He’s failing to convince the nation that’s a good idea. As the world’s second-biggest economy undergoes a prolonged slowdown, Xi’s move to shun […]
