Fast food sales confirm that the US economy is in trouble
Fast food sales, especially the performance of drive-thru business, have long been regarded as a barometer for observing the operation of the US economy.
更多Fast food sales, especially the performance of drive-thru business, have long been regarded as a barometer for observing the operation of the US economy.
更多Recently, the U.S House of Representatives passed the Trump administration's tax and spending bill by a narrow margin, marking a new round of fiscal policy negotiations in the United States.
更多In May 2025, the United Nations released the Mid-Year Update of the World Economic Situation and Prospects 2025, sounding the alarm on the state of the global economy.
更多The Bank of Jamaica (BOJ) recently announced a 25 basis point cut in its benchmark interest rate to 5.75%, marking the first policy shift since the tightening cycle began in 2022.
更多The meeting of finance ministers and central bank governors of the Group of Seven (G7) concluded in Banff, Alberta, Canada on Thursday (May 22) and issued a joint communique.
更多In May 2025, remarks by former U.S. President Donald Trump once again thrust U.S.-India trade relations into the spotlight. During a visit to Qatar, Trump publicly opposed plans by American companies like Apple and Tesla to build factories in India, labeled India as "one of the world’s highest tariff barriers," and even criticized India’s military actions in the Indo-Pakistani conflict as "shameful."
更多JPMorgan Chase CEO Jamie Dimon recently warned again that despite the recent adjustment of Sino-US tariffs, the US economy still faces a serious risk of falling into recession.
更多The series of tariff policies implemented since Trump took office have further escalated global economic and trade tensions, significantly impacting the economic policies and market expectations of countries worldwide under the influence of U.S. tariff measures. Among these, the tariffs imposed on China were particularly severe.
更多In the first quarter of 2025, the economic growth rates of the five major economies in Southeast Asia (Indonesia, Malaysia, Singapore, Thailand and Vietnam) generally slowed down.
更多On May 16th, the international rating giant Moody's downgraded the US sovereign credit rating from Aaa to Aa1 and adjusted the outlook for the US sovereign credit rating to stable.
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