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The Latest Breaking News from Economy

The Economy Is Doing Way Better Than Many Believe

Reason

Here's a big reason why people may be gloomy about the economy: the cost of money

Former Treasury Secretary Larry Summers argues that high interest rates are contributing to people's gloomy economic mood. Sentiment may improve, though, if the Federal Reserve begins to cut rates.

WEKU

Australia's Jan Inflation Holds At Two-Year Low

Australia's inflation rate remains stable at a two-year low, influencing economic decisions and future trends. Analysts await February data for insights.

Top News

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US Congress Leaders Work Toward Spending Deal To Avert Shutdown

US Congress in urgent negotiations to prevent government shutdown; crucial for economy and public welfare.

Top News

Cuba Delays Five-Fold Fuel Price Hike To March 1

Cuba postpones significant fuel price hike to evaluate impact on economy and citizens. Delicate balance between economic reforms and public welfare.

Top News

Vignettes of a Janus-faced economy

As India braces for the next general election, claims and counter-claims on the performance of the economy have been a prominent theme for discussions

The Hindu

Labour in power faces dire economic inheritance, says Rachel Reeves

Shadow chancellor criticises Tory years of failure and says national mission is needed to kickstart economy

The Guardian - UK

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How Ozempic could boost the US economy

Goldman predicts that anywhere between 10 million to 70 million Americans will be taking weight-loss drugs by 2028

Salon

US Economy Grew 3.2% In Q4, Inflation Eases

Learn about the U.S. economy's 3.2% growth in Q4 2023 driven by consumer spending and moderated inflation. Analysts expect further Fed rate cuts to support...

Top News

India is on its way to becoming a global leader, says Jaishankar

External Affairs Minister S. Jaishankar praises PM Modi's leadership, predicts India will become the world's third-largest economy soon.

The Hindu

Brian Riedl: Who Bankrupted Us More—Trump or Biden?

"I'm concerned about a Trump-Biden rematch," argues Riedl. "You have two presidents with two of the worst fiscal records of the past 100 years."

Reason

Venezuela Government Focuses On Inflation Control Before Election

Venezuela intensifies efforts to combat inflation and stabilize economy ahead of election.

Top News

Lack of support for children in England leading to ‘literacy crisis’

Crisis could cost economy £830m for each school year group, according to new research

The Guardian - UK

10 Best Technology ETFs: Navigating The Finest For Investors

Here, we unveil 10 top tech ETFs powering the market in 2024, exploring diverse options for investors of all risk tolerances.

International Business Times

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Kiplinger

How Does the Federal Reserve Work?

The Federal Reserve has been a major plotline in the economy over the last two years. So, how does the Federal Reserve work?

Top News

Global Markets Mixed As U.S. Stocks Hold Near Record Levels

Global markets show mixed performance with U.S. stocks near record levels. Asian markets vary due to China's Country Garden news. U.S. economy remains strong.

Latin Times

Why Immigration is Largely Responsible for the Recent Outsized Growth of the U.S. Economy

A new report by the Washington Post explains that the influx of people has propelled the job market and helped boost the post-pandemic rebound

Top News

Trump Leads By 35 Points In Michigan GOP Primary

Trump leads in Michigan GOP primary, Biden trails by 5 points. Key issues include economy and border security.

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International Business Times

G20 Finance Ministers Meet On World Economy Hit By Crises, Conflicts

G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza.

Top News

Global Focus Shifts To New Zealand Monetary Policy

Global attention on Reserve Bank of New Zealand's interest rate decision and its impact on economy and financial markets.

The Hindu

India will take up deep sea exploration this year, say experts

Deep-sea hydrocarbon exploration, blue economy sustainability, and ocean resource utilization discussed at World Ocean Science Congress in Chennai.

Reason

The 'Vibescession' Will Continue Until Interest Rates Fall

A new economic paper explains why interest rates are the missing piece to understanding why people are unhappy about a seemingly strong economy.

International Business Times

UK 'Net Zero' Economy Bucks Recession: Study

Britain's green economy grew in 2023 to buck a broader recession, a report showed Tuesday that urged politicians heading into a general election to stick by climate-friendly investments.

The Hindu

Environment dept. plans to engage Kudumbashree workers to tackle menace of water hyacinth

State Environment department explores solutions to combat invasive water hyacinths in Vembanad kol ecosystem, promoting circular economy.

International Business Times

10 Wealthiest Countries In The World: Leading Nations In Global Prosperity

These nations often have diverse industries, strong infrastructure, and stable political systems, contributing to their economic prosperity.

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