Last year, Lebanon was thrown into economic turmoil as its long-standing energy crisis worsened even further, leading to prolonged blackouts and severe fuel shortages. A year on, Lebanon has managed to avoid a civil war but continues to battle with extreme energy shortages and a failed economy. In 2021, the […]
economic news 1981
U.S. economy returned to growth last quarter despite surging inflation
The U.S. economy grew at a 2.6% annual rate from July through September, the government said Thursday — a strong rebound after the nation’s gross domestic product shrank in the first two quarters of the year. The resurgence comes as consumers and businesses are grappling with searing inflation and as […]
What’s happening with home prices? Mortgage rates, tight supply are factors
Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall too steeply. The sharp rise in mortgage rates over the past several months has made housing […]
Remarks by Secretary of the Treasury Janet L. Yellen at the Vermont Women’s Economic Opportunity Conference
As prepared for delivery Hello, everyone. It’s great to be at Vermont Technical College. Institutions like these are the backbone of our communities. Senator Leahy, I’m grateful for your kind words. And I’m even more grateful for your leadership over your eight terms in the Senate. For decades, you […]