Tag: Economic outlook
CSX 1Q profit dips 8% but railroad sees economy growing
OMAHA, Neb. — CSX Corp. said its first-quarter profit declined 8% due to higher expenses, but the railroad said it expects to benefit as...
Experts cut outlook for German growth amid 3rd pandemic wave
FRANKFURT, Germany — Leading German economic institutes have slashed their growth forecast for 2021 as a slow vaccination rollout and a more contagious variant...
IMF: Vaccine inequity threatens Mideast’s economic recovery
DUBAI, United Arab Emirates — Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass...
Pandemic impact may weigh on commercial real estate recovery
LOS ANGELES — The distribution of COVID-19 vaccines is fueling optimism that Americans will increasingly return to the ways they used to shop, travel...
From child care to COVID, rising job market faces obstacles
WASHINGTON — A surge in hiring in the United States last month — 916,000 added jobs, the most since August — coincides with...
Bank of Japan survey more optimism over economic recovery
TOKYO — Business sentiment is growing optimistic, a closely watched economic survey by the Bank of Japan showed Thursday, as the world’s third-largest economy...
Safety last: Risky investments soared at start of 2021
NEW YORK — Who needs safety when the world's about to get back to normal?
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IMF head: global growth prospects rising but dangers remain
WASHINGTON — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion...
Powell: US economy gaining, but recovery ‘far from complete’
WASHINGTON — Federal Reserve Chair Jerome Powell reiterated his belief Friday that while the U.S. economy has been steadily rebounding from the devastation caused...
German economist panel cuts 2021 growth outlook to 3.1%
BERLIN — The German economy — Europe's biggest — will grow by 3.1% this year, the government’s panel of independent economic advisers forecast on...