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France’s Budget Problems ‘Very Serious,’ Prime Minister Says
Posted inBarnier, Michel Budgets and Budgeting Economic Conditions and Trends France Gross Domestic Product Legislatures and Parliaments Macron, Emmanuel (1977- ) Taxation Villeroy de Galhau, Francois (1959- )

France’s Budget Problems ‘Very Serious,’ Prime Minister Says

The French government, which missed a deadline this week to set a blueprint to lower its debt and deficit, is struggling to meet fiscal requirements set by the E.U.
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Posted by By Liz Alderman
U.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate
Posted inConsumer Behavior Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Labor and Jobs Production United States Economy

U.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate

The report on gross domestic product offered new evidence of the economy’s resilience in the face of high interest rates.
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Posted by By Ben Casselman
France Warned by E.U. About ‘Excessive’ Deficit
Posted inBudgets and Budgeting Economic Conditions and Trends Embargoes and Sanctions European Union Gross Domestic Product Le Pen, Marine Macron, Emmanuel (1977- ) National Rally (France)

France Warned by E.U. About ‘Excessive’ Deficit

The rebuke for breaking European Union rules that require strict financial discipline comes two weeks before French voters head to the polls for parliamentary elections.
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Posted by By Liz Alderman
GDP Gain in First Quarter Revised Downward in U.S.
Posted inCommerce Department Consumer Behavior Gross Domestic Product Income Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

GDP Gain in First Quarter Revised Downward in U.S.

Consumers eased up on spending in the face of rising prices and high interest rates, Commerce Department data shows.
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Posted by By Ben Casselman

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