Tag: economic indicators
-
UK fell into recession at the end of 2023 as economy takes center stage in runup to general election
The British economy fell into recession at the end of 2023 as output shrank more than anticipated in the final three months of the year
-
CBO warns 2025 debt interest costs to exceed World War II levels
The cost to service the U.S. government’s burgeoning debt load will hit a record high next year and then keep on climbing, the Congressional Budget Office warned on Wednesday. Net interest payments will climb to 3.1% of gross domestic product next year, the highest level in records going back to 1940, and then go on…