Canada’s economy perked up in the final months of last year as consumers continued to ramp up their spending, spurred on by the central bank’s rapid-fire interest-rate cuts.
Moody's Analytics Chief Economist Mark Zandi talked about how U.S. economic growth increasingly depends on spending by high-income earners.
U.S. government debt sold off Thursday morning, pushing the 10-year yield up from an 11-week low, after a strong updated reading on fourth-quarter economic growth and President Trump's fresh tariff ...
A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.
The top 10% of earners — households making $250,000 a year or more — are responsible for 49.7% of all consumer spending.
Rich people buy more stuff. That has always been the case. But something's changing: America's wealthy are not just ...
The US economy is more reliant on the richest Americans than ever before. The top 10 percent of earners - households making ...
The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according to a new analysis by Moody's Analytics.
It said that India’s GDP is expected to grow 6.4% both in the 2025 and 2026 fiscal years. Talking about China, it said that ...
India's Gross Domestic Product (GDP) growth is set to shrink to 6.4 per cent in 2025, as compared to 6.6 per cent in 2024, ...
Investing.com-- Most Asian currencies moved in a flat-to-low range on Thursday as the prospect of slower U.S. interest rate cuts in 2025 kept traders averse to regional markets. The Chinese yuan ...
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