U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected
The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of…
U.S. and China commercial property markets face headwinds but UOB is optimistic on Southeast Asia
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,…
The economy probably showed gangbuster growth in the third quarter. But will it last?
The U.S. economy likely turned in another strong performance heading into the final part of the year, though what’s ahead…
Peace talks in the Middle East will take time to resume, World Bank chief says
The president of the World Bank on Tuesday said that it will be some time before progress toward a more…
IMF chief says Israel-Hamas war is a new cloud on the world’s economic horizon
The head of the International Monetary Fund on Wednesday dubbed the worsening Israel-Hamas conflict as another cloud on the horizon…
‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz
Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…
U.S. wraps up fiscal year with a budget deficit near $1.7 trillion, up 23%
The federal government wound up its fiscal year in September with a deficit just shy of $1.7 trillion, the U.S.…
Fed’s Raphael Bostic doesn’t foresee rate cuts coming until ‘late 2024’
Atlanta Federal Reserve President Raphael Bostic on Friday said he doesn’t envision interest rate cuts happening until well into 2024.…
