Browsing: economic slowdown

NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United Nations. The organisation said current conditions reflect an environment in which economic

WASHINGTON, October 6, 2025: Gold prices reached an all-time high on Monday, surging above $3,960 per ounce as global investors sought safety amid increasing economic and geopolitical uncertainty. Spot gold climbed to $3,963.42 per ounce in early trading, setting a

Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior week and exceeding expectations of 225,000. The figures, released by the U.S. Department of Labor,

The Banque de France has revised its economic forecast, lowering the country’s gross domestic product (GDP) growth projection for 2025 to 0.7 percent, down from the 1.1 percent estimate made in December 2024. The French central bank announced the adjustment

Brent crude prices declined nearly 3% on Wednesday, rebounding slightly from a three-year low as U.S. crude stockpiles rose more than expected, adding pressure on oil markets already grappling with OPEC+ plans to increase production and fresh U.S. tariffs on