The Latest Breaking News from Economic Growth

Crude Oil Prices Lower as Economic Concerns Dominate

August WTI crude oil (CLQ23 ) today are down -0.78 (-1.12%), and Aug RBOB gasoline (RBQ23 ) are unchanged. Crude oil are lower today as concern resurfaces about Chinese and global economic growth. ECB President Lagarde today reiterated hawkish comments. Also, there is no longer any concern about Russian oil...

Barchart · Jun 27, 2023

China's premier says economic growth is accelerating and the country can hit its 5% target this year

China’s No. 2 leader says economic growth accelerated in the latest quarter and he expressed confidence it can hit the ruling Communist Party’s official target of 5% for the year

The Independent UK · Jun 27, 2023

Greece’s New Democracy sets ambitious goals in second term

Party has its work cut out to raise investment, economic growth and wages while lowering debt and unemployment.

Al Jazeera · Jun 26, 2023

Pandemic-level growth rates highlight economic ills

Australia is on track for two years of below-trend economic growth that may be even weaker than first feared.

The New Daily · Jun 21, 2023

Consumers keep cutting back as pressures mount

The pullback in non-essential spending continues as households scrimp on nice-to-haves so they can meet higher mortgage repayments.

AAP · Jun 20, 2023

US housing starts surge most since 2016, exceed all estimates

U.S. housing starts unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting residential construction is on track to help fuel economic growth.

Tribune News Service · Jun 20, 2023

Ulster University's Magee campus gets €56 million funding boost from Irish government

Taoiseach Leo Varadkar said the expansion will 'foster new jobs and economic growth'

Belfast Live · Jun 20, 2023

Drowning in debt

Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

Bangkok Post · Jun 18, 2023

Chinese youth unemployment hits record high as Covid recovery weakens

New data shows Chinese economic growth slowing, with property investment in steep decline and youth unemployment at a record high. Also, the US Federal Reserve confirms its "hawkish pause" policy, keeping interest rates steady for now but planning for more hikes. Finally, economists name an unlikely culprit for persistent Swedish…

France 24 · Jun 15, 2023

Commentary: By the treasury secretary’s own definition, we’re back in recession

Last month, the Department of Commerce released troubling data on the anemic economy, showing that gross domestic income (GDI) shrank in the previous six months. That’s no surprise to half of Americans who believe we’re currently in a recession, but the data refute President Joe Biden’s claim that the economy…

Tribune News Service · Jun 15, 2023