The Latest Breaking News on Economy

Canada sets immigration record as Trudeau seeks more workers

Canada added more than 431,000 new permanent residents last year, the largest annual increase in its history, as Prime Minister Justin Trudeau seeks to ease the country’s labor shortages.

Tribune News Service · Jan 4, 2023

2 Upgraded Stocks to Add to Your Watchlist This January

IMF chief has warned that this year will be more challenging than the last year. Furthermore, growing recessionary fears and the COVID “bushfire” could negatively impact the economy. Amid an uncertain economic backdrop, it could be wise to add fundamentally strong stocks Altria Group (MO) and Schlumberger (SLB) to your…

StockNews.com · Jan 3, 2023

3 Stocks That Thrive During Economic Uncertainty

With the Fed signaling to keep raising rates through this year, the threat of a recession is looming. Given an uncertain market backdrop, investors should buy fundamentally sound stocks, PepsiCo (PEP), Humana (HUM), and Sysco Corp. (SYY), that can generate steady returns. Read on….

StockNews.com · Jan 3, 2023

Threatened teachers strikes in coming months could see most children sent home

Mainstream education could revert back to the pandemic era

Wales Online · Jan 2, 2023

2023 to be tougher for global economy than 2022, IMF chief says

IMF Managing Director Kristalina Georgieva says one-third of world’s economies expected to be in recession this year.

Al Jazeera · Jan 2, 2023

China economic activity worsens in December as Covid spreads

BEIJING: China’s economic activity contracted at a steeper pace in December as the country suddenly reversed its Covid Zero policy and the virus swept through major cities, causing people to stay home and businesses to shut.

The Times of India · Dec 31, 2022

Unemployment Rate Continues to Decline among Saudis

Saudi Arabia’s labor market indicators showed a decrease in the unemployment rate by 1.4 percentage points in the third quarter of 2022, compared to the same period in 2021. The rate of participation of citizens in the labor force increased by 2.7 percentage points, and the ratio of the employed…

Asharq Al-Awsat · Dec 30, 2022

VIEWPOINT 2: Fed will cause unnecessary harm and other predictions

Here are eight predictions for the coming year in accordance with a hallowed tradition that I have previously not honored. If some of the supporting facts below seem unfamiliar, it could be because they have not received the attention they deserve. But they are real.

Tribune News Service · Dec 30, 2022

As the UK falls into a recession that could soon swallow Europe, this town offers clues on England's cost-of-living nightmare

Prices quietly surged in this small town in the United Kingdom. Then it became the epicentre of a cost-of-living crisis.

ABC News · Dec 29, 2022

India's external debt declines by $2.3 billion in Q2 FY23

NEW DELHI: India's external debt stood at $610.5 billion in the second quarter of 2022-23, down by $2.3 billion from end-June 2022, the finance ministry said on Thursday.

The Times of India · Dec 29, 2022