The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

This Is America’s Most Visited City Park

Iconic city parks began to be built in many of America’s large cities just before the Civil War. Master landscaper Frederick Law Olmsted designed many of these parks. He helped build Belle Isle in the middle of the Detroit River. He designed parks in Buffalo, Chicago, Louisville, Niagara and Montreal, as well as in Connecticut and Wisconsin. In each case, […]

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German Economy Logs Moderate Growth In 2021

The German economy logged only a moderate recovery in 2021 amid the Covid-19 restrictions and supply chain disruptions weighing heavily on German industries, data published by Destatis showed on Friday. Gross domestic product grew 2.7 percent in 2021, in contrast to the 4.6 percent decline in the previous year. The annual growth matched economists’ expectations. Similarly, calendar-adjusted GDP advanced 2.7 […]

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Jobless claims unexpectedly rise to 230,000 as omicron surges

Austan Goolsbee: It could be a ‘blockbuster year’ for economy, pending impact of omicron Economics professor Austan Goolsbee joined ‘Cavuto: Coast to Coast’ to discuss how COVID-19 could likely impact the economy this year alongside the job market and the supply chain. The number of Americans filing for unemployment benefits unexpectedly climbed to the highest level since mid-November as an unprecedented […]

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This Is America’s Most Popular National Monument

“Monument” can be a confusing word when it comes to places people can visit. Monuments, as statues, have been in the news recently. Models of Confederate leaders, particularly generals, have been torn down across America. Some parts of the country have large collections of monuments. The best example of this may be the dozens of monuments scattered across Central Park […]

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Inflation sticking around in 2022

Americans are ‘concerned’ about price tag of spending bill, inflation: Rep. Zeldin Rep. Lee Zeldin, R-N.Y., argues Americans are concerned how the spending bill will impact their daily lives.  American consumers are grappling with the fastest price increase in decades, with the cost of everything from cars to gasoline to food soaring nationwide.  And the problem may get worse before […]

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This Is the American City With Most Property Crime

By the FBI’s measures, property crime is well down the list of severity. It does not involve killing or even injuring a person. The FBI describes property crime as including “the offenses of burglary, larceny-theft, motor vehicle theft, and arson.” There is no force or threat of violence against another person in this type of crime. Yet, property crime happens […]

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Consumer confidence rosy, but COVID, inflation remain headwinds

Outlook for markets in 2022, GDP Navellier & Associates chairman and founder Louis Navellier on his predictions for the markets in 2022 and how the political landscape impacts wall street. U.S. consumers are feeling pretty good about the economy, even with the omicron variant, new threats of lockdowns and rising inflation, but these issues still remain wild cards for 2022.  […]

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BoJ Lowers Emergency Funding Measures

The Bank of Japan decided on Friday to scale back its emergency funding measures after its major counterparts the Federal Reserve announced its plan to end its pandemic support efforts and the Bank of England resorted to an immediate rate hike on this week. At the end of two-day rate setting meeting, the policy board of BoJ, governed by Haruhiko […]

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BOE surprises with first hike in crisis to curb inflation

LONDON (BLOOMBERG) – The Bank of England (BOE) unexpectedly raised interest rates for the first time since the pandemic struck, setting aside the threat to the UK economy posed by record coronavirus cases to become the most high-profile central bank to take on surging inflation. Officials led by governor Andrew Bailey voted 8-1 to lift borrowing costs by 15 basis […]

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