The budget deadlock in the US and the political crisis in Italy could test the growth of the global economy.
Tags: Global economy
US Economy Holding Strong Despite Global Instability, But For How Long?
The US Labor Department has released a report outlining the growth of the US economy with a low unemployment rate and job growth. This growth puts pressure on the US because of the current instability in the rest of the world's economies.
China's Slowdown: Hints of the Brink of a Global Disaster?
China's slowdown has caused negative effects in businesses and countries around the world that financially depend on a large chunk of business with the Asian country. China must transition into a consumer drive economy in order to grow in the future, but the steps necessary to do so are complicating their international partnerships.
More central banks meet, but ability to pilot economies in doubt
Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much.
U.S. jobless claims fall as labor market gains momentum
The number of Americans filing new claims for unemployment benefits fell more than expected last week, offering fresh evidence that the labor market was gathering steam.
Latest News
Eurozone indicators and US trends point to a recovery in the global economy. Positive results from business surveys conducted in the Euro Zone as well as encouraging trends in the US all point to better prospects for the global economy.
Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy. Prices of world shares and commodities rose Thursday, suggesting recovery in the global economy.
