background preloader

Global Economy.

Facebook Twitter

Why Americans Aren't Shopping. NEW YORK, United States — The US economy hasn’t looked as bright since before the dark days of the Great Recession.

Why Americans Aren't Shopping

In April 2016, the unemployment rate held steady at 5 percent. The same month, 160,000 new jobs were created. Prediction: There will be no more billion dollar brands. Investor piles pressure on French Connection to address concerns. Brexit 'means economy faces 50/50 recession chance'. Image copyright Reuters The UK has a 50/50 chance of falling into recession within the next 18 months following the Brexit vote, says a leading economic forecaster.

Brexit 'means economy faces 50/50 recession chance'

The National Institute of Economic and Social Research (NIESR) says the country will go through a "marked economic slowdown" this year and next. Why The Hermès Birkin Bag is a Better Investment Than Gold.