Economy
Economy Slows to 1.5% Growth, Consumers Maintain Spending Pace
The U.S. economy grew at a 1.5% annual rate in the spring, a slowdown from Q1, but consumer spending remained strong at...
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Economy
China’s Economic Growth Decelerates Sharply, Missing Official Target
China's economy grew 4.3% in Q2, falling short of Beijing's target. Weak domestic demand and oil price shocks from the Iran war...
Economy
China’s Q2 Growth Hits Post-Covid Low at 4.3%
China's economy expanded by 4.3% in the second quarter, marking its weakest growth since late 2022, driven by subdued consumer demand despite...
Economy
Australia’s Q1 Growth Halves, Misses Forecasts Amid Household Caution
Australia's economic growth decelerated sharply in the first quarter, missing expectations as households tightened spending due to rising interest rates and higher...
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.