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Chinese security monitors a checkpoint as the Communist Party’s Central Committee holds its third plenum meeting in Beijing, China, on July 15, 2024. | Photo Credit: AP China posted lower than expected growth in the second quarter on July 15, with all eyes on how top officials gathering for a key meeting in Beijing might…
Read More “China posts disappointing growth as officials hold key ‘Third Plenum’ meeting” »
U.S. borrowers on lower incomes are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, prompting banks to become more cautious about dishing out credit cards and car loans. A growing number of Americans have seen their savings dwindle as rising prices squeeze budgets while interest rates stay…
Read More “U.S. consumers on lower incomes face loan stress while banks pull back” »
Moody’s corporate headquarters in New York. File | Photo Credit: Reuters Moody’s Analytics on April 12 projected India’s economy to expand 6.1% in 2024, lower than 7.7% growth clocked in 2023. It said output in India remains 4% lower than it would have been without the COVID pandemic and its various aftershocks — from supply…
Read More “India’s GDP to grow 6.1% in 2024: Moody’s Analytics” »
