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The Latest Breaking News from Economy

Markets are surging as fears about the economy fade. Why the optimists could be wrong

The markets have rallied this year as investors believe inflation will continue to ease and that the economy will avoid a recession – but it could end in tears.

WEKU

ASEAN Ministers Urge Myanmar Junta to Implement Agreed Peace Plan

Southeast Asian ministers at the end of two-day talks in Indonesia on Saturday urged Myanmar's junta to implement a five-point peace plan agreed two years ago to create a path towards ending the country's political crisis. Indonesia -- Southeast Asia's biggest economy -- is the chair of the 10-member Association…

Asharq Al-Awsat

Wife 'goes nuts' after husband lies about booking her and son premium tickets on long-haul flight

He will be travelling in business class, though

Nottingham Post

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Novel pact expected to create village digital volunteers

The Office of the National Digital Economy and Society Commission (ONDE) has signed a memorandum of understanding (MoU) with nine organisations to create digital volunteers to promote accessibility and understanding of digital technology for local communities nationwide.

Bangkok Post

How to watch Joe Biden’s State of the Union address

President expected to discuss police reform, economy and Ukraine war

The Independent UK

Watch: Biden and Harris give update on US jobs and economy

Joe Biden and Kamala Harris delived an update on the current state of the US economy and job developments.

The Independent UK

2 High-Flying Growth Stocks to Buy Now

As inflation continues to ease, the Fed recently raised interest rates by 25 bps, lower than its December hike of 50 bps. With the continued slowdown in rate hikes and the economy moving in the right direction, a soft landing for the economy looks increasingly possible to most analysts. Hence,…

StockNews.com

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January’s ‘eye-popping’ jobs report is going to make the Fed’s inflation battle even harder

“Unless this labor market strength turns out to be a one-month blip…the Fed is likely to dig in and keep rates higher for longer,” BMO Wealth Management’s chief investment strategist, Yung-Yu Ma, said.

Fortune

Slowing economic growth and a FTSE record high can coexist – here’s how

The blue-chip Footsie has closed at an all-time high while the UK’s economy is set to shrink

The Guardian - UK

Managing inflation is now crucial for the future of economy and society

After being disregarded for so long, managing inflation will be hugely important to the future of the UK’s economy and society

Birmingham Post

Man books first-class flights for him and pal - but leaves wife fuming in economy

After kicking up a fuss that her husband had booked her economy airplane seats while he and his pal are flying luxury in first-class, a woman was slammed for being 'entitled'

Daily Mirror

US adds a surprisingly strong 517,000 jobs despite Fed hikes

January’s gains were broad-based across industries. A category that includes restaurants and bars added 99,000 jobs. Professional and business services jobs, including bookkeepers and consultants, rose by 82,000.

Chicago Sun-Times

Canary Islands: La Palma volcano goes silent, but anger rumbles on

After lying dormant for half a century, the Cumbre Vieja volcano on La Palma, in Spain's Canary Islands, suddenly exploded in a river of fire on September 19, 2021. The eruption lasted for 85 days. No one was killed, but more than 1,000 homes were destroyed, as well as 70…

France 24

The 5 Best Stocks to Invest $1,000 in Right Now

Improving investors’ sentiments amid the cooling inflation and moderating interest rate increases helped the stock market to surge in recent weeks. Moreover, the IMF raised its world economy growth forecast. Given the rising optimism, AbbVie (ABBV), Vertex Pharmaceuticals (VRTX), Murphy (MUSA), MasterCraft Boat (MCFT), and PrimeEnergy Resources (PNRG) might be…

StockNews.com

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StockNews.com

3 Smart Stocks to Buy for a Potential Recession

Despite the cooling inflation, the Fed is not expected to cut rates in 2023 as it is committed to achieving its 2% inflation target. Continued rate hikes, albeit at a lower rate, could potentially push the economy into a recession this year. Amid lingering recession fears, it could be wise…

InsideEVs

Tesla Co-Founder JB Straubel Offers Insight On Battery Recycling

In a recent interview for MIT Technology Review, JB offers some new insights into the massive challenge of building a circular economy, and why we can’t wait.

WEKU

U.S. employers added 517,000 jobs last month. It's a surprisingly strong number

U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.

Axios

U.S. economy adds whopping 517,000 jobs in January

The numbers are more than double the 190,000 forecasters anticipated.

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StockNews.com

3 Stocks for Long-Term Investors to Buy in 2023

As inflation shows signs of cooling, the Fed has significantly slowed its aggressive rate hike policy. Moreover, given a tight labor market, experts believe the economy might avoid a recession. Amid the rising optimism, we think quality stocks Merck (MRK), PepsiCo (PEP), and Limbach (LMB) are ideal buys for long-term…

Axios

It’s not the COVID economy — it’s just the economy now

The pandemic shocks have reshaped the very fabric of the economy.

The Independent UK

Woman shocked as husband books her and toddler into economy while flying business class

‘Am I being unreasonable to drag him out of business class so he can do his share of parenting?’ asks blindsided mother

The Times of India

Apple, Alphabet and Amazon hurt as economic slump crimps demand

Apple Inc, Amazon.com Inc and Alphabet Inc, technology bellwethers with a combined market value approaching $5 trillion, posted results Thursday that show an economic slowdown is throttling demand for electronics, e-commerce, cloud computing and digital advertising — mainstays of the global tech economy.

Reuters

IMF giving Pakistan tough time in 'unimaginable' economic crisis - PM

Pakistan Prime Minister Shehbaz Sharif said on Friday the International Monetary Fund was giving his country a "tough time" over unlocking stalled funding from a $6.5 billion bailout at a time of "unimaginable" economic crisis.

WEKU

In India, couples begin their legal battle for same-sex marriage

Couples have filed petitions to India's Supreme Court seeking the legalization of same-sex marriage. The decision could make India the second economy in Asia after Taiwan to recognize the unions.

The Independent UK

Sunak urges UK to ‘have hope’ despite bleak assessment of economy

Sunak, in an interview with Morgan insisted he could deliver the five priorities he has set for the nation

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