Month: February 2019

Consumer price rates were constant throughout January 2019 as lessened gasoline prices counteracted the effect of rising costs of housing, clothing and medical care. The labor department said that the Consumer Price Index increased only 1.6 percent which is less than its increments in previous years. Last year, CPI increment was 1.9 percent. The price […]Continue Reading

The United States is facing another partial government shutdown at the end of this week after negotiations aimed at extending government funding broke down over the weekend. Talks between Democratic and Republican lawmakers on border security funding have ended in a stalemate, raising the fears of another government shutdown. Democrats have critically planned to cap […]Continue Reading

Former Goldman Sachs Chairman Jim O’Neill has told in a recent interview that the single most important thing in today’s world economy is reviving the Chinese consumer. As per Chinese official statistics, the country’s growth has been slowed down to 6.6 percent in 2018, which is slowest in the last many years. The country’s on-going […]Continue Reading