The Latest Breaking News from Economy

Election campaigns are expected to stimulate the economy briefly amid global economic uncertainties that are blamed for causing the Manufacturing Production Index (MPI) to dip by 4.56% year-on-year in March to 104.6 points, says the Office of Industrial Economics (OIE).

Fundamentally sound stable stocks such as Stantec (STN), ComfortDelGro Corporation (CDGLY), and Ituran Location and Control (ITRN), which offer steady returns, could help you stay afloat amid the persisting market volatility. Hence, these stocks could be ideal buy-and-hold options. Read on….

The economic situation appears to be grim, with higher interest rates and the recent turmoil in the financial system causing sluggish growth in the first three months of this year. Hence, it could be wise to avoid struggling stocks Pliant Therapeutics (PLRX), Local Bounti (LOCL), and Kiromic BioPharma (KRBP). These…

With inflation easing and the U.S. economy cooling, is the Federal Reserve done raising interest rates? After all, gently bringing down the trajectory of prices without crashing the economy was the central bank’s objective when it began jacking up rates over a year ago.

Mexico’s economy grew by 1.1% in the first quarter of 2023, bringing growth to an annualized rate of 3.8% compared to the same period of 2022

July arabica coffee (KCN23 ) this morning is down -1.95 (-1.04%), and July ICE robusta coffee (RMN23 ) closed down -11 (-0.46%). Coffee prices this morning are moderately lower, with arabica falling to a 2-1/2 week low. Coffee prices are lower on concern that a slowdown in the global economy...

Making health care accessible and equitable is the goal.

Labour said the PM had tried to “cover up the evidence of his incompetent management of the economy and his flagrant waste of public money” during his time as chancellor

PM Mitsotakis will fight to keep leading the country, which is reeling from a rail crash and worries about the economy.

Technological advancements and rising demand is expected to boost the automotive industry. Therefore, investors could benefit from fundamentally strong auto dealer stocks Copart (CPRT), Penske Automotive Group (PAG), and Rush Enterprises (RUSHA). These stocks have been performing well despite the macro headwinds. Keep reading.

A key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year