Undp Report News Today

China’s Caixin/S&P Global services purchasing managers’ index (PMI) remained in expansionary territory for the 16th straight month in April, but eased from March, data released on Monday showed.

David Donabedian, CIO of CIBC Private Wealth U.S., warned the spike in core inflation seen in the latest GDP report is a major setback for the economy and the Fed.

As US growth shows signs of sputtering and inflation keeps rising, a re-run of the tumultuous 1970s is looking more likely.

Ten years ago, India was the 10th largest economy in the world, with a GDP of USD 1.9 trillion at current market prices.  

The 2024 Asia-Pacific Human Development Report, launched on November 6, paints a qualified picture of long-term progress but also persistent disparity and widespread disruption, foreseeing a turbulent development landscape and urgently calling for new directions to boost human development.

The U.S. economy likely grew in the third quarter at its fastest pace of any quarter in nearly two years, again defying dire warnings of a recession, as higher wages from a tight labor market helped to power consumer spending. The Commerce Department's advance estimate of third-quarter gross domestic product on Thursday is also expected to show residential investment rebounding after nine straight quarters of declines. President Joe Biden's administration has taken steps to encourage...

Canada’s GDP expected to ease in Q2 US nonfarm employment payrolls expected to dip to 177,000 The Canadian dollar is calm in the European session, t

ADP reported that private-sector employers added 177,000 jobs this month, far below last month's revised reading of 371,000.

(Bloomberg) -- Turkish growth slowed less than predicted in the second quarter, though activity is set to be subdued for the rest of the year as officials seek to put the economy on a more sustainable footing by raising interest rates.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Smashes Banking Record as It Absorbs Credit SuisseHong Kong to Shut Down City Before Super Typhoon Saola HitsSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsSt

Canada's second-quarter GDP report, due on Friday, is likely to show a sharp slowdown in economic growth, a Reuters poll of economists showed, which could lead the Bank of Canada to pause its interest rate hikes despite recent hotter inflation data. The GDP report will be the last major piece of domestic data before the Canadian central bank makes its next policy decision on Sept. 6. It is expected to show the economy growing at a 1.1% pace in the second quarter, down from 3.1% in the fir...