gdp

CBO Boosts Economic Growth Forecast, Sees $1 Trillion Deficit

CBO Boosts Economic Growth Forecast, Sees $1 Trillion Deficit

Stronger-than-expected U.S. economic growth that’s pushed the jobless rate to a five-decade low will contribute to an uptick in inflation this year, according to the Congressional Budget Office.
Lighthizer to Talk Trade Deal With India Before Trump Visit

Lighthizer to Talk Trade Deal With India Before Trump Visit

U.S. Trade Representative Robert Lighthizer will be in India in the second week of February to finalize a trade deal ahead of President Donald Trump’s expected visit, according to people with
U.K. Should Cut Salary Threshold for Top Migrants, Advisers Say

U.K. Should Cut Salary Threshold for Top Migrants, Advisers Say

Boris Johnson’s British government should lower its proposed minimum salary threshold of 30,000 pounds for migrants and create a new route for the most talented people who don’t have a job offer, in
Brussels Edition: Poland’s Trouble With the Law

Brussels Edition: Poland’s Trouble With the Law

Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning.
Crunch Time for Lebanon as Cabinet Decides on Bond Payment

Crunch Time for Lebanon as Cabinet Decides on Bond Payment

Crisis-ridden Lebanon finally has a government again and top of its agenda will be whether to repay a Eurobond maturing in six weeks.
The health of the economy in nine charts

The health of the economy in nine charts

Taken together, these nine economic indicators can give investors a sense of where things are—and where they might be headed.
We asked some of the world’s best forecasters if there will be a recession in 2020

We asked some of the world’s best forecasters if there will be a recession in 2020

Should we be worried about a recession in 2020? If so, what will cause it? Some of the world’s best forecasters shared their thoughts on what’s to come.
India’s struggling consumer goods sector pins its hopes on Budget 2020

India’s struggling consumer goods sector pins its hopes on Budget 2020

Fixing GST, and arresting rural slump are top priorities.
Fitch Raises Greece’s Status Making It Easier to Sell New Debt

Fitch Raises Greece’s Status Making It Easier to Sell New Debt

Fitch Ratings raised Greece’s sovereign credit rating by one notch, paving the way for the government to sell more debt in the coming days.
Nigeria Surprised by News of Possible U.S. Travel Restrictions

Nigeria Surprised by News of Possible U.S. Travel Restrictions

Nigeria’s government was surprised by the news that the U.S. is considering travel restrictions on its citizens and the ban would mean officials will have to find new ways to meet with investors,
Turkey’s Fine for Contempt of U.S. Court Could Soon Reach $1 Billion

Turkey’s Fine for Contempt of U.S. Court Could Soon Reach $1 Billion

If U.S. prosecutors get their way, Turkey’s Halkbank could be liable to pay $1 billion of dollars in fines as early as March if it continues to refuse to appear in a court case in New York.
Free Trade Is Dead. Long Live Managed Trade

Free Trade Is Dead. Long Live Managed Trade

President Trump’s upending of global commerce may endure even after he’s gone.
A Waste-Free Economy Catches On at Davos

A Waste-Free Economy Catches On at Davos

Bales of crushed plastic waste sit stacked on a truck trailer at the Petstar PET plastic recycling plant in Toluca, Mexico State, Mexico, on Thursday, Jan. 24, 2019. Petstar recycles 3,100 million
Xi Isn’t Tightening China’s Grip on Hong Kong, Carrie Lam Says

Xi Isn’t Tightening China’s Grip on Hong Kong, Carrie Lam Says

Chinese President Xi Jinping offered personal assurances that he wouldn’t use protests in Hong Kong as an excuse to increase Beijing’s control over the city, Chief Executive Carrie Lam said, as she
Ethiopia Pushes Privatization to Give Its Economy a Sugar Rush

Ethiopia Pushes Privatization to Give Its Economy a Sugar Rush

The government needs to boost the economy to deal with dwindling exports and growing foreign debt.
IMF Sees Global Economic Growth Accelerating, U.S. Slowing Down

IMF Sees Global Economic Growth Accelerating, U.S. Slowing Down

The U.S. economy is expected to slow due to tighter monetary policy and the lift from the 2018 tax cuts fading over time.
Kenya Aims to Halve Its Budget Shortfall in Four Years

Kenya Aims to Halve Its Budget Shortfall in Four Years

Kenya plans to almost halve its budget deficit in the next four years as the government implements measures to boost revenue amid pressure to fund the president’s ambitious “Big Four” development
What interest rates dating back to 1311 tell us about today’s global economy
Hong Kong Mustn’t Lose Faith in Youth, Finance Secretary Says

Hong Kong Mustn’t Lose Faith in Youth, Finance Secretary Says

Hong Kong must not give up on its youth and should invest in future generations, Finance Secretary Paul Chan said at a forum Saturday, Radio Television Hong Kong reported.

The U.S. trade war slowed China’s 2019 economic growth to its weakest pace in nearly 30 years

China's economy last year grew at its weakest pace since 1990, and the birth rate fell to the lowest level since 1961.