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The Latest Breaking News from Economy

December Jobs Growth Comes in Hot: What the Experts Are Saying

A stronger-than-expected jobs report clouds the picture for interest rate cuts.

Kiplinger

Consumer confidence is rising amid gloomy economic news – here's what that means and why it matters

People’s confidence in the UK’s economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, “consumer sentiment” as this confidence is called, is still in negative territory.

The Conversation

Hotter than expected jobs report boosts confidence in economy

The final jobs report of 2023 exceeded expectations, with 216,000 jobs added in December. While this indicates a strong labor market, there are cooling tre...

Top News

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Strong Jobs Report Fuels Hopes Of Soft Landing

The U.S. economy generated 216,000 jobs in December 2023, outpacing expectations and sending a strong signal of a safe landing.

International Business Times

US Hiring Exceeds Expectations In December

US job growth surged unexpectedly in December, government data showed Friday, wrapping up a solid year for the labor market even as voters remain gloomy about the economy ahead of November's presidential election.

International Business Times

Jobs report surpasses expectations with 216,000 new jobs added in December

Inflation easing has not tempered a hot labour market as President Joe Biden prepares to make the economy a central point of his re-election campaign

The Independent UK

Boom! US Economy Surges, Adding Strong 216K Jobs in December

Get ready to be surprised! US employers defy expectations with a whopping 216,000 job additions in December, showcasing unstoppable economic strength.

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Brazil's Debt-to-GDP Ratio Climbs to 73.8%

Brazil's economy plays a budget tightrope, with the public sector gross debt reaching 73.8% of GDP in November. Can they dance their way to financial stabi...

Top News

Economy looking up, but Americans are feeling down

The larger impact of the pandemic goes well beyond prices. It has damaged our national confidence, our ability to believe in the future.

Chicago Sun-Times

Chinese President Xi Jinping Sees A Resilient Economy – Numbers Point Otherwise

The leader is optimistic about the country's economy, but economic numbers do not support this optimism.

International Business Times

Global finances: what does 2024 hold in store for major economies and markets?

From a potential roaring 20s in the markets to recession fears in the UK, here’s our look ahead to the year in finance

The Guardian - UK

UN economic forecast cites conflicts, sluggish trade, high interest and climate disasters

The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters

The Independent UK

Indian economy outperforming peers; projected to grow at 6.2% in 2024: United Nations

“India is projected to grow at 6.2% in 2024, supported by robust domestic demand and strong growth in the manufacturing and services sectors,” the United Nations has said. The UN World Economic Situation and Prospects (WESP) 2024 report, launched on January 4, said that gross domestic product in South Asia…

The Hindu

Governor Haley's Plan to Revamp Economy and Address Slavery History

Join Molly Hohner's quirky interview with Governor Haley as they discuss the economy, taxes, slavery, and the importance of unity in leadership. A creative...

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The Independent UK

Jobs report for December will likely conclude another solid year of hiring in 2023

Bringing resurgent inflation down was never expected to be so relatively pain-free

The Guardian - UK

Why is Germany’s economy struggling – and can the government fix it?

As railway staff, lorry drivers, farmers and others threaten to strike, we examine the challenges the country faces

International Business Times

US Private Sector Hiring Up More Than Expected In December

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

The Independent UK

Week-long Tube strike could cost London economy £100m a day

‘Entire country will suffer’ if capital grinds to a halt, leading business groups tell The Independent

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Fortune

Stock forecaster who called 2023's bull run sees 4 'clear and present dangers' spelling 6 months of pain ahead

Stocks may be in for a volatile few months, but this is still the Roaring 2020’s, according to Yardeni. Expect the S&P 500 to rally to 5,400 by year-end.

AAP

UN tips slow and steady inflation progress in Australia

The United Nations says the world economy is in for another tough year, with Australia and other developed economies in Asia facing strong headwinds.

The Guardian - UK

Political realities constrain Sunak over when to call an election

A later election would give PM more time to turn the economy around but a spring surprise is not out of the question

The Guardian - UK

Global economy faces period of prolonged weakness, UN warns

Secretary general urges countries to increase investment to avoid falling behind on climate action and sustainable development

The Hindu

Watch | What is the Tamil Nadu Global Investors Meet 2024 all about?

Tamil Nadu Global Investors Meet 2024: In this video, we look at the M K Stalin government’s plans to achieve a $1 trillion economy goal for Tamil Nadu by 2030

Barchart

What Will Provide Direction for the Global Economy This Year?

In 2023, major headwinds faced the global economy, from soaring inflation and aggressive central bank tightening to wars in Europe and the Middle East and a festering property crisis in China that stunted its economic growth. Despite all of these negative factors, the post-pandemic global recovery managed to flourish. However,...

The Guardian - US

Gambling boom detrimental to New Jersey economy, report says

Campaigners call for scrutiny of ‘gold rush’ after economists estimate gambling tax surge may be ‘roughly equal’ to social costs

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