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The Latest Breaking News from Economy

Xi Jinping says Chinese business having ‘tough time’ in new year message

Recovery of world’s second-biggest economy held back by severe property slump and lacklustre global demand

The Guardian - UK

2024 will open new avenues for Kerala’s emergence as a knowledge economy: CM

Kerala CM Pinarayi Vijayan highlights achievements in public health, infrastructure, social welfare & law enforcement for a knowledge economy.

The Hindu

India making defence ecosystem for self-reliance, says Rajnath Singh

Union Defence Minister Rajnath Singh highlights steps taken to make India a strategic economy through domestic defence industrial ecosystem.

The Hindu

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China's Xi Hails 'Resilient' Economy In Bullish New Year Speech

President Xi Jinping said Sunday the Chinese economy had grown "more resilient and dynamic" in 2023, despite financial figures continuing to disappoint as the post-Covid recovery stalls.

International Business Times

Resilient US economy defies expectations with double-digit market growth

Discover the surprising twists and turns of the U.S. economy in 2023! From inflation to job growth, find out why experts got it all wrong and what to expec...

Top News

Tories have plenty of weak spots – and dislike years that end in four

Labour will be going on the attack, mindful of having come to power in 1924, 1964 and 1974

The Guardian - UK

Lessons on the economy from 2023 and forecasts for 2024

City Voices: Why 2024 will be better than 2023

Evening Standard

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Britain is stuck in a doom loop: the system is rigged against growth. That needs to change

UK’s pension regime makes investment nigh-on impossible. A radical reform under Labour would turbo-charge the economy

The Guardian - UK

Rishi Sunak insists his economic plan is working as he asks voters for optimism in 2024

PM claims economy on the mend, as he gears up for general election while trailing badly in polls

The Independent UK

2024 Election: Third-Party Candidate Possibility Sparks Concern for Biden

Dive into a lively discussion on President Biden's poll numbers, age concerns, potential third-party candidates, and the White House's handling of the economy.

Top News

Three and easy as Barr hopes to hit economy's 'sweet spot' in 2024

Energy prices will be the focus of cost-of-living measures.

The Canberra Times

I fly first class and make my kids fly economy – here’s why

Celebrities including Robbie Williams and Gordon Ramsay may have been vilified in the press for turning left on a plane while their children turn right – but it’s a perfectly natural way to travel, argues Jill Robbins

The Independent UK

From Fed's Inflation Fight To Battle Over Bud Light, 2023 Was A Wild Year For US Economy

2023 witnessed major business events, including the Fed's inflation battle and controversies like Bud Light's risky ad campaign.

International Business Times

Investor excitement soars as S&P 500 surges 24%

Get ready to ride the wave of investor excitement as the S&P 500 leaps 24% this year, fueled by a resolute US economy and inflation at ease. Catch the buzz...

Top News

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Top News

Economy's Resilience Shocks Experts, Misery Index Hits Record Low

Discover why voters perceive the economy differently despite its strong performance. Explore factors such as political polarization, inflation, and future ...

Barchart

2024 Inflation Crisis: ETF Solutions

An inflation crisis is when the general price level of goods and services in an economy rises rapidly and uncontrollably. When inflation becomes a crisis, it often results in negative consequences for individuals, businesses, and the overall economy—2024 promises to be a tumultuous year. We will review some ETFs that…

Top News

Russia's Economy Contracts by 1.2% in 2022, Surpassing Expectations

Russia's economy waltzes to its own beat, shrinking by just 1.2% in 2022, defying gloomy forecasts. The stats service takes center stage with new numbers.

Evening Standard

Top 10 British AI entrepreneurs amassed a $3 billion fortune in 2023

The 10 richest British AI entrepreneurs now have a combined net worth of more than £2.3 billion ($3 billion), according to new analysis by the Evening Standard, in a sign that the UK’s growing artificial intelligence industry is set to generate huge wealth for the economy.

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The Hindu

Union Finance Minister Sitharaman allays concerns over impact of AI on jobs

Union Finance Minister Nirmala Sitharaman reassures that AI will create new domain expertise & jobs, not replace them. She encourages students to use AI to exploit its capacity & benefit the economy.

The Independent UK

Stock market today: Stocks drift on the final trading day of a surprisingly good year on Wall Street

Stocks are drifting on the final trading day of a year of surprisingly robust gains for Wall Street

The Guardian - UK

Five charts explaining the UK’s economic prospects in 2024

As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions?

Top News

Kenya's Inflation Eases to 6.6% YoY in December

Kenya's inflation rate sees a slight decline in December, easing to 6.6% YoY. Discover how this impacts the economy and consumer prices.

International Business Times

What Could Trigger The First Interest Rate Cut In 2024 — Clues From Greenspan's Fed

Fed Chair Jerome Powell may find himself in a situation similar to the late 1980s in the spring of 2024, triggering the first interest rate cut if the labor market weakens and unemployment rises.

The Guardian - UK

China cracks down on negativity over economy in bid to boost confidence

Record high youth unemployment and struggling property sector are among increasingly sensitive topics

Top News

South Korea's December Inflation Falls Short, Clocks +3.2% YoY

South Korea's consumer inflation in December came in at +3.2% YoY, disappointing expectations. Find out why this might have economic implications.

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