Economics News Headlines

Confidence of US consumers continues to decline as Americans worry about the future

U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures

Ireland records $750m in tax revenue amid Brexit windfall reports

The emerald isle has significantly benefited from Brexit, recording over €700m ($750) in tax revenues. With its long-standing reputation as a thriving hub for global tech and digital companies, including Alphabet, Google’s parent company, Ireland has been well-positioned to capitalize on the economic opportunities presented by Brexit. Ireland is a significant exporter of goods to […]

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US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace

German retirees will get an inflation-busting pension increase this year

Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rate