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The Latest Breaking News from Economy

Economy Strong, No Need For Fed Rate Cuts: Economist

Economist Chris Rupkey remains positive about the economy, downplaying the need for immediate intervention.

Top News

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Protests, sectarian violence and a growing spat with India: Bangladesh’s new leaders are beset with challenges to its democracy

When student-led, anti-government protests in Bangladesh snowballed into the ouster of Sheikh Hasina’s 15-year-long autocratic rule in August 2024, many in the South Asian nation hoped it signaled better times ahead.

The Conversation

10 Must-Have Apps For 2025 That Gen Zers Totally 'Stan'

Gen Zers are the digital natives that embrace innovation and technological development, and in the new economy, there are specific apps that stand out among Gen Z.

International Business Times

Trump's Trade Policies Pose Greater Risk To South Korea's Economy Than Domestic Martial Law Crisis, Says Central Bank Chief: 'A Lot More Uncertainty'

The governor of the Bank of Korea, Rhee Chang-yong, expressed that the South Korean economy is more threatened by the trade policies of Donald Trump than the current political crisis in the country.

Benzinga

China fine-tunes economic stimulus as it braces for new US administration

China is fine-tuning its policies aimed at revving up its economy as it braces for an uncertain future in relations with the United States under President-elect Donald Trump

The Independent UK

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China's ban on key high-tech materials could have broad impact on industries, economy

China has banned exports of key materials used for a wide range of products, including smartphones, electric vehicles, radar systems and CT scanners, swiping back at Washington after it expanded export controls to include dozens of Chinese companies that make equipment used to produce computer chips

The Independent UK

US hiring likely rebounded last month after storms and strikes curtailed October job growth

Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to its lowest level in nearly four years

The Independent UK

CBI downgrades UK economic growth forecasts amid Budget pressures on firms

The CBI has reduced its growth forecasts for the UK economy in 2024 and 2025 as inflation is expected to pick up.

Evening Standard

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

ECONOMIC SUMMARY AND OUTLOOKThe global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled,

Benzinga

Javier Milei: Madman? Or Savior?

Reason visited Argentina to find out if Javier Milei's reforms are working.

Reason

3 High-Yield Dividend Stocks to Boost Your Portfolio in 2024

With the economy showing mixed growth signals and changing federal policies, buying high-yielding dividend stocks could be a great choice for your portfolio. Thus, investors can invest in high-yield dividend stocks Pfizer (PFE), Altria Group (MO), and VICI Properties (VICI) to boost their portfolio. Read more….

StockNews.com

Data, trust, and time are the key ingredients to make old neighbourhoods like Bangkok's Charoen Krung hip again

Pichit Virankabutra and Thailand’s Creative Economy Agency are trying to revive one of Bangkok’s oldest neighborhoods: “When we moved in, it was a ghost town.”

Fortune

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The Conversation

Tough talk on Nato from Putin and his proxies may hide a willingness to compromise

With the war nearly three years old and the Russian economy under severe pressure after a collapse of the ruble and rising inflation, the Kremlin needs to show domestic audiences that it remains strong. Recent rhetoric from the Kremlin and from proxies for the Russian president, Vladimir Putin, has focused…

The Conversation

Ghana heads to the polls: why the economy is the biggest issue for many voters

The outcome and aftermath of Ghana’s 2024 elections will be a key test whether the West African nation can find a balance between the dual objectives of living within its means and achieving economic growth that creates sustainable jobs for its teeming youth.

The Conversation

Grattan on Friday: frustrated government can only bite its tongue as it waits on Michele Bullock

As she reads the economic commentators, Reserve Bank Governor Michele Bullock might, in moments of doubt, wonder whether she’s making a similar misjudgement to her predecessor Philip Lowe.

The Independent UK

14,000 jobs and £1 billion boost to the economy: Why Gatwick Airport needs a second runway

OPINION: Exclusive: A second runway is the ‘obvious choice’ for economic growth, says Gatwick’s CEO Stewart Wingate, as he calls on the government to give the go-ahead

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Al Jazeera

South Korea’s economy rattled by martial law decree

South Korean president’s bid to erase ‘Korea discount’ sputters after martial law declaration unnerves markets.

Fortune

Europe has caught a workplace absenteeism bug, turning one of the continent’s biggest advantages into a multi-billion euro strain

The factors driving sick leave culture differs depending on where you look, but are linked to mental health, welfare benefits, and cultural factors.

inkl

How many stocks in dow jones

The Dow Jones Industrial Average (DJIA) ranks among the world's leading market indices. Since 1896, it has tracked America's largest companies, serving as a key market health indicator. Like LON Vodafone's position in the FTSE, the DJIA's components represent crucial sectors of the US economy.

The Independent UK

Afghan economy shows modest signs of growth but recovery remains fragile, says World Bank

The World Bank says Afghanistan’s economy is showing modest signs of growth after two years of severe contraction

Barchart

Stocks Rally as Powell Bullish on US Economy

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.24%. Stocks rallied moderately on Wednesday, with the S&P 500, the Dow Jones Industrials, and...

Benzinga

Jerome Powell Says US Economy In 'Remarkably Good Shape,' Fed Can Be 'A Little More Cautious' With Interest Rates

U.S. Federal Reserve Chair Jerome Powell painted a rosy picture around the U.S. economy ahead of key jobs data due Friday. The strength of the economy is allowing the Fed to be more cautious with interest rates.

AAP

Are you better off: question at heart of next election

The opposition says excessive government spending is trashing the economy, but Labor says coalition cuts would just make it harder for households.

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