Germany’s economy ministry cuts 2022 GDP growth forecast to 2.2%, down from January’s projection of 3.6%. Nevertheless, 2023 GDP growth forecast is upgraded slightly from 2.3% to 2.5%. It expects Russia’s invasion of Ukraine, resulted sanctions and higher energy prices will weigh on output. Inflation is forecast to be at 6.1% in 2022 and 2.8% […]
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China kept its benchmark lending rates unchanged for the sixth consecutive month today. One-year loan prime rate was held at 3.1% and the five-year LPR steady at 3.6%. Subdued domestic inflation and growing global trade Read more…
As American workers approach retirement, many naturally worry about how Social Security monthly paychecks will support them financially in maintaining their desired lifestyle post-career. Dave Ramsey, bestselling author and radio host, warns retirees about an Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. The weather outside is a little less frightful, which means people Read more…