Tuesday, May 13, 2025

Tag: GDP

Golden State Ascendant: How California Became a Global Economic Powerhouse

California's economy has surpassed Japan's, reaching $4.1 trillion, with a growth rate of 6% amid concerns over tariff policies.

South Korea Rises to 21st in Global Income by 2075—Japan Slips to 45th

South Korea is projected to rank 21st globally in income by 2075, while Japan's ranking will drop significantly to 45th.

You Won’t Believe How Much Google Owes Russia

Russia has fined Google an astronomical 2 undecillion rubles, exceeding global GDP, amid ongoing disputes over banned media channels.

Strong Consumer Spending Fuels U.S. GDP Growth Despite Predictions

On Wednesday, the U.S. Department of Commerce announced that the preliminary GDP growth rate for the third quarter of 2023 was 2.8%.

Future Rate Cuts Could Slow as U.S. Economy Beats Expectations, Says Fed’s Waller

In September, the U.S. Federal Reserve (Fed) lowered interest rates by 0.5%, signaling a potential slowing of future rate cuts.