Economy News: Heroes of the high-rate economy? Bank of America praises consumers for propping up 2024

Economic News Reports

Details: Written by Bing News Search Results; Category: Economic News Reports; Published: 28 October 2024; Created: 28 October 2024; Last Updated: 28 October 2024

You could argue the economic heroes of 2024 were the Federal Reserve, mega-cap stocks, and big banks. But ultimately, it was American consumers who kept the economy steady. Throughout the year, analysts anticipated consumers would reach a breaking point—where inflation and high Fed rates would stifle spending.
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Posted: 2024-10-27 02:22:00

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IMF Video: The Housing Crunch: What's Driving the Affordability Crisis?

Play Video: The Housing Crunch: What's Driving the Affordability Crisis?

Homes are now less affordable than during the house price bubble that preceded the global financial crisis of 2007–2008, according to a new dataset spanning 40 countries. Affordability has plunged in countries like the US, UK, and Canada, leaving policymakers scrambling for solutions. In the latest F&D magazine, we explore what needs to be done.

Published: 23rd Dec 2024 03:32:00 By: IMF

IMF Video: Falling Private Debt: 2024 Global Debt Database

Play Video: Falling Private Debt: 2024 Global Debt Database

Launch of the 2024 IMF Global Debt Database—the most comprehensive debt data in the world. A panel discussion with the IMF’s Vitor Gaspar, S&P Global’s Ruth Yang, Brookings’ Gian Maria Milesi-Ferretti, and LSE’s Luiz Awazu Pereira da Silva, moderated by the FT’s Chris Giles.

Published: 4th Dec 2024 03:07:55 By: IMF

IMF Video: Closing Session - 12th IMF Statistical Forum: Measuring the Implications of AI on the Economy

Play Video: Closing Session - 12th IMF Statistical Forum: Measuring the Implications of AI on the Economy

AI for all – navigating the unevenness in adopting AI

Published: 22nd Nov 2024 09:14:17 By: IMF

IMF Video: Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia

Play Video: Navigating the Evolving Geoeconomic Landscape in the Caucasus and Central Asia

Growth in the Caucasus and Central Asia remains robust and broad-based. Still, the region is exposed to geoeconomic developments and countries face heightened uncertainty amid tentative signs that trade, financial flows, and migration patterns are changing. Moreover, boosting medium-term growth will require effective reform implementation. In this context, what policies and reforms can help countries create a predictable environment conducive to investment and sustainable economic growth? A distinguished panel of speakers explores these pivotal issues and many more from the IMF’s latest Regional Economic Outlook for the Middle East and Central Asia and take questions from the audience during the Q&A portion of the event.

Published: 22nd Nov 2024 02:08:42 By: IMF

IMF Video: Перспективы развития региональной экономики стран Центральной Азии и Кавказа. Три важных факта

Play Video: Перспективы развития региональной экономики стран Центральной Азии и Кавказа. Три важных факта

Директор Департамента стран Ближнего Востока и Центральной Азии МВФ Джихад Азур выделяет три ключевых факта, касающихся перспектив экономического развития стран Ближнего Востока и Северной Африки. С полным текстом доклада вы можете ознакомиться по ссылке: https://www.imf.org/ru/Publications/REO/MECA/Issues/2024/10/24/regional-economic-outlook-middle-east-central-asia-october-2024

Published: 21st Nov 2024 07:22:33 By: IMF

World Economic Forum Video: The Future of Growth: Rethinking Prosperity for All

Play Video: The Future of Growth: Rethinking Prosperity for All

Explore how the World Economic Forum’s Future of Growth initiative is shaping sustainable and inclusive economic models for the 21st century. https://initiatives.weforum.org/future-of-growth-initiative/home The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/ Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #InclusiveGrowth #Sustainability #InvestingInPeople #wef25

Published: 23rd Dec 2024 12:01:11 By: World Economic Forum

World Economic Forum Video: Safeguarding Green Spaces & Heavy Industries Push for Net Zero | WEF | Top Stories of the Week

Play Video: Safeguarding Green Spaces & Heavy Industries Push for Net Zero | WEF | Top Stories of the Week

This week's top stories of the week include: 0:15 How corruption damages society – Corruption is a pervasive issue that undermines societies, economies, and governance. Defined as the abuse of entrusted power for personal gain, it has far-reaching consequences that go beyond financial losses. Understanding its impact and adopting strategies to fight it are critical to creating more equitable and sustainable societies. 4:29 Tips for safeguarding green spaces – Just 37% of the world’s 500 most populous cities have developed a dedicated strategy around nature and biodiversity preservation. Travis Beck is Chief Park Officer at the Presidio, a historic national park site in California’s San Francisco Bay Area. He discusses 3 ways the park is safeguarding its future under his watch. 7:24 Heavy industries push for net zero – Eight heavy-emitting sectors account for around 40% of global greenhouse gas emissions. These sectors play a key role in the global economy. Demand is set to rise more than 60% by 2050, so it’s imperative to make them more sustainable. How are they getting on? The Net Zero Industry Tracker has the answers. 10:42 Impact of climate change on profits – Researchers have calculated the business risks posed by climate hazards such as extreme weather, which pose a threat to companies’ fixed assets such as property, machinery and equipment. Together, these losses could cut 7% from companies’ profits every year by 2035, half as much as the losses incurred during the worst of the COVID-19 pandemic. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/ Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 21st Dec 2024 01:01:01 By: World Economic Forum

World Economic Forum Video: How do we make the green transition fair for everyone?

Play Video: How do we make the green transition fair for everyone?

A sustainable future is not just about going green—it’s about fairness, equity, and ensuring no one is left behind. From empowering workers with green skills to addressing economic inequalities, the Equitable Transition Initiative brings leaders together to create a future that’s both sustainable and fair. Watch our film and learn more about how we’re making this vision a reality at the Equitable Transition Initiative: : https://initiatives.weforum.org/equitable-transition-initiative/home The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/ Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #InclusiveGrowth #ClimateAction #EnergyTransition #GreenSkills #wef25

Published: 20th Dec 2024 04:08:00 By: World Economic Forum

World Economic Forum Video: A music superstar, romance fraud, and life-changing advice: highlights from the Forum's podcasts ...

Play Video: A music superstar, romance fraud, and life-changing advice: highlights from the Forum's podcasts ...

One of the biggest names in music talks about AI and human soul. The victim of the 'Tinder Swindler' highlights a multi-billion dollar cyber crime. And leaders from business and civil society share life-changing advice. In 2024, some of the brightest minds spoke to the World Economic Forum's podcasts Radio Davos and Meet the Leader. In this 'Best Of' episode, podcast hosts Robin Pomeroy and Linda Lacina each select three highlights from a busy year. Featured episodes: AI vs Art: Will AI rip the soul out of music, movies and art, or help express our humanity? (https://www.weforum.org/podcasts/radio-davos/episodes/ai-vs-art-nile-rodgers-hollywood/) Build a culture of innovation: HPE's CTO shares what must be in place (https://www.weforum.org/podcasts/meet-the-leader/episodes/fidelma-russo-innovation-cto/) Tinder Swindler: how 'romance fraud' became a multi-billion dollar cybercrime (https://www.weforum.org/podcasts/radio-davos/episodes/tinder-swindler-romance-fraud-cybercrime/) IKEA HR chief shares decades of career lessons learned and what’s needed to bridge the gender equity gap (https://www.weforum.org/podcasts/meet-the-leader/episodes/ulrika-biesert-ingka-group-gender-equity/) Can climate action survive geopolitical upheaval? (https://www.weforum.org/podcasts/radio-davos/episodes/gfc-geopolitics-climate-global-south/) How to motivate your team - from an organization with 17 million volunteers (https://www.weforum.org/podcasts/meet-the-leader/episodes/jagan-chapagain-red-cross-red-crescent-disaster-insurance/) Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 19th Dec 2024 05:29:43 By: World Economic Forum

World Economic Forum Video: Skills in the Age of AI

Play Video: Skills in the Age of AI

By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted. From AI tutors to lifelong learning schemes, what approaches and opportunities hold the greatest potential to close gaps and prepare people for tomorrow’s economy? This session has been developed in collaboration with CNBC. This is the full audio from a session at the Annual Meeting of the Global Future Councils 2024 in Dubai on 17 Oct, 2024. Watch it here: https://www.weforum.org/meetings/annual-meeting-of-the-global-future-councils-2024/sessions/skills-in-the-age-of-ai/ Speakers: Nela Richardson, Chief Economist and Environmental, Social and Governance (ESG) Officer, ADP Dan Murphy, Anchor and Correspondent, CNBC Stuart Russell, Professor of Computer Science, University of California, Berkeley Jo O'Driscoll-Kearney, Chief Learning Officer, Majid Al Futtaim Holding Abdallah Abu Sheikh, Founder and Chief Executive Officer, Astra Tech Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 16th Dec 2024 08:41:09 By: World Economic Forum

Reuters Video: US stocks finish a stellar 2024 on a down note | REUTERS

Play Video: US stocks finish a stellar 2024 on a down note | REUTERS

Wall Street lost ground as and investors looking to 2025 are eyeing stretched valuations and uncertainties surrounding tax and tariff policies from the incoming administration of President-elect Donald Trump #News #wallstreet #2024 #Reuters #Newsfeed Read the story here: https://reut.rs/4gBkx9j 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 1st Jan 2025 01:35:18 By: Reuters

Reuters Video: Poll: Ample supply, slow demand to cap oil price gains in 2025 | REUTERS

Play Video: Poll: Ample supply, slow demand to cap oil price gains in 2025 | REUTERS

Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a Reuters monthly poll showed. #News #opec #oil #business #Reuters #Newsfeed Read the story here: https://reut.rs/3ZXnyJY 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 31st Dec 2024 09:15:09 By: Reuters

Reuters Video: US says China hacked Treasury Dept. in ‘major’ breach REUTERS

Play Video: US says China hacked Treasury Dept. in ‘major’ breach REUTERS

Chinese state-sponsored hackers breached the US Treasury Department's computer security guardrails and stole documents in what the Treasury called a ‘major incident.’ #News #treasury #cybersecurity #hacker #unitedstates #Reuters #Newsfeed Read the story here: https://reut.rs/3BGgmtH 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 31st Dec 2024 07:33:14 By: Reuters

Reuters Video: Messi's real estate trust debuts in Spanish market | REUTERS

Play Video: Messi's real estate trust debuts in Spanish market | REUTERS

A real estate investment trust launched by soccer star Lionel Messi has made its debut in the Spanish market. It has a market capitalization of just over $232 million. #News #Reuters #Newsfeed #world #business #markets #stocks #LionelMessi #realestate #Spain Read the story here: https://reut.rs/3BRZShY 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 31st Dec 2024 05:27:53 By: Reuters

Reuters Video: China stocks post first annual gain since 2020, Hong Kong ends 4-year rout | REUTERS

Play Video: China stocks post first annual gain since 2020, Hong Kong ends 4-year rout | REUTERS

Chinese stocks registered their first annual gain following an unprecedented three-year decline despite a dip on the final trading day of 2024, while Hong Kong shares ended the year higher, supported by optimism over policy support. #News #Reuters #Newsfeed #world #AsiaPacific #business #market #stocks #China #HongKong Read the story here: https://reut.rs/3ZQdsKE 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on Twitter: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

Published: 31st Dec 2024 12:01:56 By: Reuters

Business Video: What you should do to make the most of your money in 2025

Play Video: What you should do to make the most of your money in 2025

Michelle Singletary, syndicated personal finance coach for The Washington Post, shares some financial tips with CNN's Jessica Dean for people looking to make the most of their money in 2025. #CNN #News

Published: 26th Dec 2024 04:07:24 By: CNN

Business Video: ‘Ridiculous’: Business owner responds to government shutdown threat

Play Video: ‘Ridiculous’: Business owner responds to government shutdown threat

North Carolina restaurant owner Katie Button discusses what the disaster aid in the government funding bill means for hard-hit areas after Hurricane Helene. The US is just hours away from a government shutdown unless a funding plan is passed to avoid it. The House failed Thursday to pass a new Donald Trump-backed GOP proposal to fund the government into March, intensifying the threat of a shutdown ahead of the midnight deadline. #CNN #News

Published: 20th Dec 2024 05:10:28 By: CNN

Business Video: Woman took Ozempic for her diabetes. Then, she experienced an unexpected side effect

Play Video: Woman took Ozempic for her diabetes. Then, she experienced an unexpected side effect

CNN's Nick Watt talks to a woman who describes what she says happened after she started taking Ozempic for her diabetes. #CNN #News

Published: 20th Dec 2024 03:53:19 By: CNN

Business Video: Health insurance exec quits over industry practices

Play Video: Health insurance exec quits over industry practices

Former health insurance company executive Wendell Potter speaks to CNN’s Jake Tapper about what he witnessed as a health insurance executive that made him quit. #cnn #news

Published: 19th Dec 2024 12:33:05 By: CNN

Business Video: John Bolton reacts to NYT reporting on Elon Musk, SpaceX facing federal reviews

Play Video: John Bolton reacts to NYT reporting on Elon Musk, SpaceX facing federal reviews

Former Trump national security adviser John Bolton joins CNN’s Kaitlan Collins to react to New York Times reporting that federal agencies have opened reviews of Elon Musk and SpaceX, looking into alleged repeated failures to comply with government protocols that protect US state secrets. #CNN #News

Published: 18th Dec 2024 03:00:43 By: CNN

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