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The Latest Breaking News from Economy

AI Could Solve The Inflation And Growth Problems Of The World Economy — A Bullish Trend For Bonds And Stocks

"The notion of a virtuous cycle—wherein improvements in one domain precipitate enhancements across others—is particularly salient," said Patrick Fan, professor of business analytics at the University of Iowa's Tippie College of Business and an AI expert.

International Business Times

US Government Debt Trajectory To Push Long-Term Yields Higher

PIMCO predicts US government debt will drive up long-term yields, impacting interest rates and the economy.

Top News

Hyundai To Invest Hyundai To Invest Top News.1 Billion In Brazil, Confirms Lula.1 Billion In Brazil, Confirms Lula

Hyundai's Hyundai To Invest Top News.1 Billion In Brazil, Confirms Lula.1 billion investment in Brazil boosts the economy and strengthens bilateral relations, driving innovation in the automotive industry.

Top News

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Dollar Slips as the S&P 500 Rallies to a Record High

The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down -0.04%. Thursday’s rally in the S&P 500 to a new record high reduced liquidity demand for the dollar. Losses in the dollar were limited by signs of strength in the U.S. economy after weekly...

Barchart

Crude Prices Climb on U.S. Economic Strength

April WTI crude oil (CLJ24 ) on Thursday closed up +0.70 (+0.90%), and Apr RBOB gasoline (RBJ24 ) closed up +3.67 (+1.45%). Crude oil and gasoline prices on Thursday posted moderate gains. Signs of strength in the U.S. economy supported energy demand and crude prices after Thursday's news showed weekly...

Barchart

The next frontier: On India’s space sector

The government has taken the logical next step in spurring the contributions of private space flight operators, technology-developers, and application designers to the national space economy

The Hindu

Karnataka Assembly adopts resolution condemning ‘stepmotherly’ attitude of Centre

Karnataka Legislative Assembly condemns Centre's alleged injustice in fund allocation, citing huge financial losses and biased treatment.

The Hindu

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Crude Prices Supported by U.S. Economic Strength

April WTI crude oil (CLJ24 ) this morning is up +0.45 (+0.58%), and Apr RBOB gasoline (RBJ24 ) is down -0.32 (-0.13%). Crude oil and gasoline prices this morning are mixed. Signs of strength in the U.S. economy are supporting energy demand and crude prices after weekly jobless claims fell...

Barchart

Taylor Swift takes to the stage, fans, PM, go wild

Taylor Swift has taken to the stage in Sydney in cooler temperatures as the city was treated to a surprise shower after the mercury earlier peaked at 36C.

AAP

South Africa To Utilize Contingency Reserves, Says Finance Minister

South Africa plans to use contingency reserves to support the economy during global uncertainties, emphasizing financial stability and growth.

Top News

Euro Zone Business Activity Shows Growth In February

Eurozone business activity shows growth in February, indicating a positive economic outlook with challenges ahead.

Top News

‘Hell for us’: Why Yemenis fear the US Houthi ‘terrorist’ designation

It could cripple remittances, financial transactions and destroy an already battered economy, say Yemenis.

Al Jazeera

China Faces Pressure For Major Economic Policy Changes

China under pressure to implement policy changes for economic growth amidst global uncertainty.

Top News

Nigeria's Economy Thrives With Increased Oil Production

Nigeria's economy grows with increased oil production and diverse sector support, aiming for stability and prosperity.

Top News

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Top News

Canada's December Retail Sales Increase, January Sales Expected To Decline

Canada's retail sector shows growth in December but faces potential decline in January. Impact on economy and consumer sentiment highlighted.

The Hindu

India’s maritime strength plays a crucial role in achieving Viksit Bharat by 2047, says Vice-President Jagdeep Dhankar

India’s maritime strength plays a crucial role in achieving Viksit Bharat by 2047, says Vice-President Jagdeep Dhankar. Scrupulous adherence to international law, including the United Nations Convention on the Law of the Sea, is imperative, essential, and the only way for peaceful coexistence and sustainable use of maritime resources, he…

Al Jazeera

‘Tired not demoralised’: Ukraine’s tech workers fight growing war fatigue

It’s become harder to get investment and clients from overseas, and the sector is suffering from brain drain.

Latin Times

Ecuador Government Proposes To Boost Security Spending By $214 Million

Economy Minister Juan Carlos Vega said that the government will also add 15% VAT (Value Added Tax) from April onwards.

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Evening Standard

Lloyds Bank sets aside £450m for car loan investigation

LLOYDS BANK offered a positive view of the UK economy this morning, with booming profits and low impairment charges on bad debts.

International Business Times

US Heads Back To The Moon -- With A Commercial Spaceship

One giant leap for the private sector? NASA paid Intuitive Machines $118 million to ship its hardware under a new initiative called Commercial Lunar Payload Services (CLPS), which it created to delegate trucking services to the private sector to achieve savings and stimulate a wider lunar economy.

The Guardian - UK

Growth in CO2 emissions leaves China likely to miss climate targets

Carbon intensity of the country’s economy remains high, despite rapid improvements in clean energy output

Barchart

Dollar Slightly Lower as Mortgage Rates Climb in Negative Factor for U.S. Economy

The dollar index (DXY00 ) on Wednesday fell by -0.07% but stayed above Tuesday’s 2-week low. On Wednesday, the dollar posted modest losses after the weekly MBA mortgage applications report showed the average 30-year fixed mortgage rate rose above 7% for the first time in 2 months, a negative factor...

StockNews.com

Top 3 China Stocks Unleashing Gains in February

Despite facing challenges, China's economy exceeded its growth rate expectations last year. Moreover, the recent surge in consumer spending indicates a promising outlook ahead. Hence, fundamentally sound China stocks Vipshop Holdings (VIPS), China Automotive Systems (CAAS), and Sunlands Technology (STG) might be solid buys for gains this month. Read on.

Top News

Australia's Q4 Annual Wage Growth Reaches 15-Year High

Australia's economy sees 15-year high in annual wage growth, signaling positive economic outlook with potential for sustained growth.

International Business Times

Germany Cuts 2024 Growth Forecast As Economic Woes Pile Up

The German government slashed its growth forecast for 2024 on Wednesday, warning that Europe's largest economy was in "difficult waters" as it faced a series of headwinds.

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