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Ozempic and Wegovy, Novo Nordisk’s Weight Loss Drugs, Reshape Denmark’s Economy

After 100 years of relatively quiet existence as a maker of diabetes drugs, the Danish firm Novo Nordisk has suddenly grown so big that the company is reshaping the Danish […]




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What China’s Economic Woes May Mean for the U.S.

The news about China’s economy over the past few weeks has been daunting, to put it mildly.The country’s growth has fallen from its usual brisk 8 percent annual pace to […]







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GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

Inflation has also slowed significantly. Consumer prices rose at a 2.6 percent rate in the second quarter, down from 4.1 percent in the first quarter and from more than 7 […]




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China’s Second-Quarter G.D.P. Shows Post-Covid Rebound Faltered

Because of the huge impact of the closure of Shanghai, which has 25 million people, comparing this spring and last spring provides “a misleading picture of China’s economic performance,” said […]













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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

“Resilience is a good thing in many ways, but it’s also something that makes things harder for the Federal Reserve and it hardens their resolve,” said Diane Swonk, chief economist […]




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The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: […]