One might argue that central banks’ interest-rate hikes and hawkish inflation rhetoric are working: inflation expectations have stabilized in the eurozone, the US, and the
Global growth has proven “surprisingly resilient” and most countries will avoid a recession this year, the IMF said today, as it upgraded its forecasts and
The engine of the U.S. economy—consumer spending—is starting to sputter. Retail purchases have fallen in three of the past four months. Spending on services, including
Wall Street’s worst year since 2008 wreaked havoc on tech companies, particularly those reliant on digital advertising. Facebook parent Meta lost almost two-thirds of its
Innovation is often associated with developments in information and communication technologies, but for economists, innovation is also about developing new business models and new ways
The shocks that have shaken the global economy in recent years have introduced a new normal for turbulence, driven in some cases by political fragmentation