World economic outlook articles
-
Economic Slowdown and Rising Insolvencies: CEE Company Outlook
In the wake of an economic downturn, Central and Eastern European (CEE) countries witnessed a dramatic surge in company insolvencies throughout 2023. While businesses initially weathered the storm with government support measures during the pandemic, the subsequent withdrawal of these initiatives combined with macroeconomic pressures drove insolvency rates to new heights. The economic downturn resulted […]
-
Worst of Both Worlds: U.S. Economic Growth Slows as Inflation Rates Rise
Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
-
Global Payments stock slides as uncertainty clouds economic outlook; Q1 earnings beat
Global Payments stock drops after maintaining 2024 guidance, CFO cites potential for a more tempered economic environment.