WASHINGTON (AP) — The outlook for the entire world financial state this yr has dimmed in the face of chronically significant inflation, increasing desire fees and uncertainties ensuing from the collapse of two huge American banking institutions. That’s the see of the Intercontinental Financial Fund, which on Tuesday downgraded its […]
Outlook
This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: IMF says medium-term growth outlook weakest in 30 years; US inflation slows to lowest level in nearly two years; Wages in Japan not keeping up with rising prices. 1. IMF warns medium-term […]
United Airlines CEO Scott Kirby did not mince words during the company’s Wednesday fourth-quarter earnings call, terming industry capacity aspirations for 2023 “simply unachievable.” He said that all companies, including airlines and the U.S. Federal Aviation Administration, need to staff at higher levels, an effort he said was hindered by […]
The outlook for the world wide economy headed into 2023 has soured, according to a variety of recent analyses, as the ongoing war in Ukraine proceeds to pressure trade, specifically in Europe, and as marketplaces await a fuller reopening of the Chinese financial system subsequent months of disruptive COVID-19 lockdowns. […]