U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration said in its ...

The average nominal wage increased by 14.2% y/y in Romania in the third quarter of the year, accelerating from 13.2% y/y in ...

Voters really don't like inflation. In fact, whenever there's a sustained jump in the cost of living, the party in power ...

Inflation affects everyone because it erodes purchasing power across income levels, while unemployment has a more ...

A new report by the Nigeria Economic Summit Group (NESG) in partnership with Stanbic IBTC reveals that businesses continue to ...

Chinese consumers have shown vibrant purchasing power for premium intelligent electronic devices ... surpassed 100 million yuan during the period, while high-end smartphones saw robust growth, with ...

The declining purchasing power of consumers has led to a 357.57 per cent rise in the inventory of unsold finished products of ...

Chinese consumers have exhibited robust purchasing power for high-quality and intelligent products containing innovative technologies during the Singles Day shopping extravaganza. Experts said this ...

Nigeria, the giant of Africa, has recently experienced a great downturn in its economy, leading to the exodus of several ...

When inflation is bad High inflation (10% or more) can wreak havoc on an economy. It erodes purchasing power, making everyday ...

Taylor Swift, now the wealthiest female musician with a net worth of $1.6 billion, has spending power beyond imagination. Radio host Bobby Bones recently illustrated this by comparing Swift's expenses ...

In a striking economic turnaround, Sri Lanka has recorded its first deflation in 29 years, with the inflation rate dipping to ...