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latest news in economic growth

U.S. Economic Growth Projected to Accelerate Amid Job Market Concerns

Washington, D.C., Monday, 13 October 2025.
Economists predict U.S. GDP will rise by 1.8% in 2025, an increase from earlier forecasts. However, job market challenges persist, with significant layoffs and sluggish job gains expected.

Economist Declares Climate Investment as 21st Century's Key Growth Opportunity

London, Monday, 13 October 2025.
Economist Lord Nicholas Stern emphasizes shifting from fossil fuels to sustainable investments as essential for economic growth and resilience, warning against the self-destructive nature of fossil-fuel reliance.

2025 Nobel Prize in Economics Recognizes Innovation-Driven Growth

Stockholm, Monday, 13 October 2025.
Economists Joel Mokyr, Philippe Aghion, and Peter Howitt won the 2025 Nobel Prize for their work on innovation-driven economic growth, highlighting the impact of technological advancement and creative destruction.

U.S. Stock Market Bull Run Nears Three-Year Milestone

New York, Thursday, 9 October 2025.
The U.S. stock market is nearing its third consecutive year of growth. Historical patterns suggest bull markets often extend beyond this period, offering optimism for continued economic strength.

New Zealand Slashes Interest Rates to Spur Economic Growth

Wellington, Wednesday, 8 October 2025.
On October 8, 2025, the Reserve Bank of New Zealand cut interest rates by 50 basis points to 2.5%, marking the lowest level in over three years, aiming to stimulate a sluggish economy.