GDP

May 02 2025FINANCE

Economic Shifts: Jobs, Tariffs, and Uncertainty

The economic landscape in April 2025 was a mix of stability and uncertainty. Despite a significant announcement about tariffs, the job market showed resilience. The U. S. added 177, 000 jobs, which was a slowdown from the previous month's 228, 000 but still strong. The unemployment rate stayed steady at 4. 2%, which is quite low historically. This data came from the ...

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Feb 22 2025HEALTH

Who's the Boss of Your Health Data?

Health records are super sensitive. Imagine if anyone could peek into them. Scary, right? That's why a new system using blockchain and smart contracts is a big deal. These smart contracts act like digital bodyguards, making sure only authorized folks can access your health info. They check a set of rules, or policies, to decide who gets in. These rules are set by so...

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Feb 13 2025FINANCE

UK Economy Shows Surprising Growth in Late 2024

In late 2024, the UK economy showed a small but surprising growth of 0. 1% in the fourth quarter. This news came as a pleasant surprise, as experts had predicted a slight contraction of 0. 1%. The services and construction sectors were the stars of the show, with growth rates of 0. 2% and 0. 5% respectively. However, the production sector took a hit, falling by 0. 8%...

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Jan 31 2025FINANCE

Tech Stocks Soar, But What's the Catch?

The stock market is like a rollercoaster, with big tech stocks making some exciting moves. Let's talk about the Dow Jones Industrial Average. This reached a 240 point jump, with a rise of 0. 54%. But this is not the whole story. The Nasdaq and S&P 500 also saw gains of 0. 18% and 0. 53% respectively. This was driven by strong earnings reports from s...

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Dec 19 2024TECHNOLOGY

AI and Privacy: What's Allowed and What's Not?

The European Data Protection Board (EDPB) recently stepped in to help clarify how AI models can use personal data without breaking the law. They looked at big questions like whether AI models can be anonymous and if companies need people's consent to use their data. They also discussed what to do with AI models trained on data that wasn't collected legally. The EDPB ...

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Dec 09 2024BUSINESS

California's Top Counties Power the US Economy

Did you know that ten counties in California generate more economic activity than some entire countries? A recent report shows that these counties are no joke when it comes to business. Los Angeles leads the pack, producing goods and services worth about the same as Switzerland's entire economy. That's huge! But here’s the twist: LA’s growth was pretty slow last year...

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Nov 19 2024POLITICS

Why GDP Isn't the Whole Story: Americans Feel the Pinch

Ever wondered why Americans seem so gloomy about the economy, even when experts say it's booming? The answer lies in the gap between GDP (Gross Domestic Product) and the actual money in our pockets. GDP is like a big, flashy scoreboard that shows how much stuff is being made and sold. But it doesn't tell us how much we can actually buy with our dollars. Over the pas...

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Nov 15 2024FINANCE

Japan's Economy: A Surprising Jump After a Bumpy Ride

In a twist of events, Japan's economy has seen a surprising 0. 3% year-on-year boost in its real GDP this past quarter. This sharp turnaround comes after a 1. 1% dip in the previous quarter. You might be wondering what caused this sudden shift. The Bank of Japan made an interesting move when it raised interest rates to 0. 25% in July, hitting a high not seen since 20...

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Oct 30 2024FINANCE

U. S. Economy's Q3 Growth: Steady Consumer Spending and Government Cash Drive the Way

You know how often people worry about economic slowdowns? Well, the U. S. economy showed it wasn't bothered by such fears in the third quarter of 2024. It grew at a steady pace of 2. 8%, which is a bit less than expected but still solid. Consumers were the heroes, spending more than they were supposed to, given high interest rates. Their purchases alone made up about...

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Oct 30 2024FINANCE

Economy Grows Despite High Interest Rates

You might think high interest rates would slow down the economy. But surprisingly, the U. S. economy grew at a steady 2. 8% pace from July through September. Consumers were the big spenders, driving growth even with higher interest rates. While business investments cooled off a bit, exports picked up speed. The good news? Inflation is starting to ease, which is great...

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