#economy

#economy

Paschal Donohoe stated that corporate tax receipts will begin to stagnate and decline due to trade or global tax reform, indicating a shift in profitability for large companies.

Rising food inflation, currently at double the rate of general inflation, is forcing families to pay an extra €3,000 annually for groceries, signifying a permanent trend in food price increases.

China's top leadership pledged to curb "low-price and disorderly competition among enterprises" and create a "unified national market", according to Xinhua state news agency.

The importance of American manufacturing extends beyond just high-profile items like cars and microchips; it encompasses everyday goods that enhance our lives.

"They're going to deliver rare earths to us" and once they do that, "we'll take down our countermeasures," Lutnick told Bloomberg News in an interview.

The dip in the U.S. dollar could boost domestic businesses that export goods but will raise costs for Americans traveling internationally and importing products.

The Department of Government Efficiency has already had a 'big impact' on Maryland's economy, its comptroller said this week.

The rise in the number of new millionaires is attributed primarily to strong markets and a stable dollar, with 379,000 newly minted in 2024 alone.

Spain's refusal to meet NATO's 5% GDP defense spending target, deemed 'unreasonable' by Prime Minister Sanchez, has raised concerns about its commitment to NATO.

Existing home sales fell by 0.7% in May compared with the same month last year, according to the National Association of Realtors, following the slowest April for 16 years.

The acquisition connects London's heritage with Wynn's expansive portfolio, emphasizing how key Mayfair has become for global gaming strategies.

Is it right that they can all make exactly 10 percent? That seems... you know... I'd be very surprised if that was the correct answer that came out of [the ZBR].

Every year, the U.S. government spends more money than it takes in, leading to a need to increase the national debt limit to avoid severe economic consequences.

War is costly, devastating lives and economies, as Israel experiences military escalations that challenge its workforce and economic stability amid ongoing conflicts.

Despite inflation edging down slightly to 3.4% in May, it remains well above the Bank of England's target, indicating persistent price pressures.

Singapore's economic success is highlighted by the dominance of its 'Big Three' banks and Trafigura Group, securing the top revenue spot in Southeast Asia.

We don't do almost anything stop-start, whether it's training people, hiring people, opening brands, hiring bankers, doing technology. We have a plan, and we're going to do the plan.

"The U.S. economy could incur over $1 billion per day in losses from a total GPS outage, revealing its critical role in modern infrastructure."