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The Latest Breaking News from Economy

Trump wants economy to crash — this year

He wants Americans to "lose their jobs. He wants them to lose their savings," says MSNBC host Joe Scarborough

Salon

The stage-three tax cuts are politics over policy – and no way to save our struggling economy

If Anthony Albanese is determined to forge ahead with the Coalition’s fiscal booby trap, any political capital must be used on genuine redistributive tax reform

The Guardian - AU

Global economy will slow for a third straight year in 2024, World Bank predicts

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

The Independent UK

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Risk of financial ‘wasted decade’ for poor countries, World Bank warns

Global economy set to slow for third year in 2024, with poor countries especially hard hit, body says

The Guardian - UK

Inflation Surges in Mexico, Core Rate Shows Some Relaxation

Mexico's economy sees a slight rise in headline inflation for December, while the core rate softens. A delicate balance to keep an eye on.

Top News

‘Ghost strike’ will still take a toll on London business

City Comment: At a time when London’s economy needs more than ever to be firing on all cylinders this corrosive brinkmanship needs to be brought to an end

Evening Standard

Trump says he hopes the US economy crashes this year for his own benefit

Republican insists Joe Biden’s success amounts to ‘running off the fumes of what we did’

The Independent UK

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Optimism among CFOs about economic conditions declines, but they remain confident about harnessing tech for long-term gains

Interest rates, the macroeconomic economy, and geopolitics are CFOs' top three concerns, according to Deloitte's new analysis.

Fortune

Wharton’s Jeremy Siegel says the U.S. economy is at a perfect ‘Goldilocks pace’—neither too strong nor too weak to spook the Fed or markets

"Everyone is focused on how many rate cuts are priced ... and how we need six cuts to have a good 2024. I totally disagree with that."

Fortune

Spicy Food Costs Push India's Dec Inflation to 5.87%

India's inflation rises to 5.87% fueled by surging food prices, posing challenges for the country's economy. Find out more in this Reuters poll analysis.

Top News

Jobs Report Reveals Downward Revisions, Inflation Continues Amid Wage Stagnation

Discover the creative truth behind the US economy's recent job gains and steady unemployment rate. Are things really as good as they seem? Dive in to find out!

Top News

China's New Yuan Loans Skyrocket, Smashing Records in 2023!

China's new yuan loans are anticipated to soar in December, reaching a record high in 2023, as the country continues to drive its booming economy forward. ...

Top News

Gujarat has set target to become $500 billion economy by 2026-27: CM Patel

Gujarat is set to host the Vibrant Gujarat Global Summit 2024, which will be inaugurated by Prime Minister Narendra Modi on Wednesday.

The Hindu

Thai Prime Minister Unveils May Launch for Digital Wallet Scheme!

Thai Prime Minister announces plans to launch a digital wallet scheme by May, promoting technological advancements and transforming the country's economy.

Top News

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Top News

Tokyo's Inflation Slows, Easing Pressure on BOJ

Discover how inflation in Japan's capital is gradually slowing down, relieving pressure on the Bank of Japan. Explore the current state of the economy here.

Top News

Economy's 'Ugly Truth': Downward Revised Job Numbers, Declining Real Wages

Discover the hidden truth behind the latest jobs report and inflation rates in the US economy. A humorous and creative take on the realities of the current...

Top News

Fed's Bostic: Inflation and Employment Goals Harmoniously Coexist

Take a whimsical journey as Fed's Bostic weighs in on the delicate dance between inflation and employment goals, revealing they're not yet in conflict. Div...

Fortune

The narrative of Bidenomics isn’t sticking because it doesn’t reflect Americans’ lived experiences

The average American’s confidence in the economy has been plunging to numbers not seen since 2008.

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InsideEVs

Hyundai Is The Most Fuel-Efficient Legacy Automaker In The U.S., The EPA Says

Overall, though, Tesla is still number one thanks to its emissions-free and efficient EV portfolio.

The Conversation

There will be more elections in 2024 than ever before – here's how it could affect financial markets

Rishi Sunak, the UK prime minister, has indicated that the upcoming UK election will not be until the second half of 2024, but this is just the tip of the iceberg for polling activity in the coming months. This is set to be the biggest election year in history, with…

StockNews.com

3 China Stocks With 2024 Gain Potential

Given China's crucial role in driving global economic growth in 2024 and optimistic projections from the IMF and various institutions, fundamentally sound Chinese stocks Autohome (ATHM), Tuniu (TOUR), and Vipshop Holdings (VIPS) might be ideal buys for gains this year. Keep reading.

Latin Times

Diboll, the Small Town that Wants to Be Named the 'Quinceañera Capital' of Texas

Diboll's growing Hispanic population has inspired a new economy of party planners and DJs to produce quinceañeras. City leaders are taking notice.

Fortune

Meta and OpenAI have spawned a wave of AI sex companions—and some of them are children

The uncensored AI economy is booming, giving rise to hard legal and ethical questions.

Top News

Budget Held Hostage: UK Government's Financial Plans at Stake

Lock and load! The next UK government's budget is at the mercy of the economy. Brace yourself for the impact as money becomes the ultimate hostage.

Barchart

Stocks Set to Open Mixed as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.06% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

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