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The Latest Breaking News from Economy

US Weekly Jobless Claims Plummet, Surpassing Expectations

US weekly jobless claims drop more than anticipated, indicating a positive trend in the labor market and a potential boost to the US economy.

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Czech Central Bank Cuts Interest Rate to Boost Economy

The Czech Republic's central bank cuts interest rates for the second time to support the struggling economy as inflation remains above target.

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In the year of the dragon, will China breathe fire into its deflating economy?

Plunge in consumer prices has sparked calls for a stimulus package – yet Beijing may still stick to the new normal of lower growth

The Guardian - UK

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"Economy in fragile state in 2014, economic mismanagement...it was crisis situation": Finance Ministry in White Paper tabled in Lok Sabha

Finance Minister Nirmala Sitharman on Thursday laid a White Paper on Indian Economy in the Lok Sabha. Read further on Dynamite News:

Dynamite News

Canada's Housing Bulls Pose Threat to Macklem's Inflation Fight

Canada's housing market surge poses a challenge to Bank of Canada Governor, Tiff Macklem, as he battles rising inflation. Learn more here.

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Philippine Finance Secretary Remains Optimistic on Inflation and Rates

The Philippine finance secretary remains optimistic about the country's economy, stating that they do not anticipate a rate hike due to easing inflation.

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Egyptian Economy Shifts Focus to Silver Amid Savings Protection Efforts

Discover how Egyptians are turning to silver to protect their savings in the face of economic uncertainty, with silver being deemed the new gold. Find out ...

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Question marks over China's economy have stocks on a long downward slide

Benchmark indexes are near a five-year low, after a rough start to the year. China's CSI 300 index is down nearly 20% over the past 12 months. Analysts say the malaise is a symptom of bigger problems.

WEKU

On Caucus Day in Nevada, Trump's pitch is all about November

While many eyes are on Trump's primary battle with former S.C. Gov. Nikki Haley in her home state, the former president is increasingly turning his focus to his next likely opponent: President Biden.

WEKU

China consumer prices plunge at fastest rate for 15 years as deflation fears deepen

Plummeting food prices feed steep annual drop amid renewed calls to stimulate economy and offset weakening demand

The Guardian - UK

Biden's economy faces challenges: inflation, debt, job losses, and housing woes

This content discusses the impact of Joe Biden's economic policies on the US economy, including inflation, rising debt, job losses, and financial struggles...

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China's central bank maintains policy rate amid economic outlook

China's central bank is expected to maintain its current medium-term policy rate in February, signaling stability in the country's economy.

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Thai central bank prepared to lower rates amid weakened private consumption

The Bank of Thailand is prepared to decrease interest rates in the event of a significant decline in private consumption, indicating proactive measures to ...

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CBI chief warns against ‘large scale tax cuts driven by short-termism’; BoE’s Mann warns of ‘pernicious’ inflation – as it happened

Rolling coverage of the latest economic and financial news, as China slipped deeper into deflationary territory in January

The Guardian - UK

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International Business Times

Chinese Consumer Prices Suffer Quickest Drop In 14 Years

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, piling pressure on the government for more aggressive moves to revive the country's battered economy.

International Business Times

China Consumer Prices Show Quickest Drop In 14 Years

Chinese consumer prices fell in January at their quickest rate in more than 14 years, data showed Thursday, as the country's leaders struggle to revive buying sentiment in the world's second-biggest economy.

The Guardian - AU

For corporations, greed is good – so how can Australia really tackle price gouging?

Restoring wages, breaking up dominant firms and more extensive price regulation are all ways we can make an economy that serves people, not profits

International Business Times

Most Asian Markets Track Wall St Record, Shanghai Extends Rally

Most Asian stocks rose Thursday following another record on Wall Street, with strong earnings, a resilient US economy and Chinese moves to boost the country's markets playing up against fading hopes for an early Federal Reserve interest rate cut.

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The Guardian - AU

Closing loopholes bill: the right to disconnect and five other changes coming to Australian workplaces

Laws agreed by Labor, Greens and David Pocock allows casuals to more easily apply to become permanent and may increase pay in gig economy

International Business Times

Economy Is A Gamble For Biden In Election Year

Anger over rising prices and wages that don't stretch far enough brought thousands of casino workers onto the streets of Las Vegas in recent months, part of a wave of labor discontent in the United States.

International Business Times UK

New AI Regulation White Paper Talks of Preparing the UK Economy for Future AI Risks

A new AI regulation white paper has called for strict changes AI regulatory framework including supporting UK regulators with £100 million in funding to develop technical systems to monitor AI systems.

inkl

Tech Trends of 2024 - The Growing Importance of Sustainability

As we move through 2024, the technology sector is significantly shifting towards sustainability.

AnandTech

German Court Bans Sales of Select Intel CPUs in Germany Over Patent Dispute

A German court has sided with R2 Semiconductor against Intel, ruling that the chip giant infringed one of R2's patent. This decision could lead to sales ban of select Intel processors as well as products based on them in Germany. Intel, for its part, has accused R2 of being a…

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US Trade Deficit Slightly Increases in December

Learn about the latest US trade figures as the trade deficit rises slightly in December. Gain insight into the impact on the US economy and international t...

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Russia's Military Spending Drives GDP Growth Amid Economic Challenges

Discover how Russia's GDP growth, fueled by increased military spending, masks underlying economic challenges and highlights the country's broader economic...

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