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The Latest Breaking News from Economy

China central bank to cut rates, boost liquidity to aid economy

China's central bank is expected to lower its key interest rate and increase liquidity on Monday in an effort to support the country's struggling economy.

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Japan's December CPI hits 18-month low, strengthens steady BOJ view

According to a Reuters poll, Japan's December Consumer Price Index (CPI) is expected to reach an 18-month low, reinforcing a steady outlook on Bank of Japa...

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China's Economy Stagnates as Inflation Falters and Deflation Persists

China's consumer prices and factory-gate deflation persist, indicating a decline in the country's economy. Find out more about the current state of China's...

Top News

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Biden Sells Economic Strength, But Voters Aren't Buying Yet

US President Joe Biden has good news to sell on the economy as he seeks reelection in November -- but voters don't seem to be buying it.

International Business Times

Surge in Auto Insurance Costs Fuel US Inflation Concerns

Discover how the surge in auto insurance costs has contributed to rising inflation in the United States, impacting consumers and the economy.

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Turkish Central Banker Vows to Achieve Disinflation, says Sources

This article discusses the determination of Turkish central banker Erkan to achieve disinflation, highlighting the country's efforts to attract and reassur...

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Biden knocks Trump by comparing him to Herbert Hoover in new campaign video

President was responding to a viral clip of his predecessor from earlier this week

The Independent UK

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US Consumer Inflation Increases in December Due to Rising Costs

The cost of shelter and healthcare in the US has caused a hike in consumer inflation in December, which is crucial information for understanding the economy.

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IMF Approves 0 Million Loan for Pakistan Bailout

The International Monetary Fund (IMF) has approved a loan of 0 million as part of a bailout package for Pakistan, providing crucial financial support fo...

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Latino Financial Empowerment Surpasses National Average as More Latinos Report Economic Progress

A "Vibes" survey from Axios and the Harris Poll illustrated respondents' feelings about certain key issues, rather than hard data

Latin Times

Inflation roller coaster: 2023 closes with 3.4% increase

Get the scoop on the roller coaster ride of the economy in 2023 with the final inflation report. Bumpy road ahead, but cooling inflation brings hope for th...

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Labour 'split' as party's own analysis admits Brexit cost UK 1.8 million jobs

THERE are 1.8 million fewer jobs in the UK than there would have been without Brexit, according to new analysis commissioned by the Labour mayor…

The National (Scotland)

3 A-Rated China Stock Buys

This year, China's economy is expected to expand at an increased pace and continue on an upward track. Therefore, it appears wise to invest in robust A-rated China stocks China Automotive Systems (CAAS), LexinFintech Holdings (LX), and X Financial (XYF) this year for solid returns. Read on….

StockNews.com

'Waste of time': London Tories boycott City Hall investigation into Brexit

Brexit shrunk London's economy by £30 billion last year, research has found

Evening Standard

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US Inflation Rises in December Despite Fed's Efforts

Read about the latest U.S. inflation data, which shows higher energy and housing prices contributing to a 0.3% increase in overall prices in December.

Top News

US CPI Suggests No Rush for Fed Cuts

A slightly hot December US CPI reading indicates that there is no immediate need for the Federal Reserve to make any interest rate cuts.

International Business Times

London Mayor Urges Closer UK Ties With EU

London's mayor called Thursday for closer ties with Europe and a better debate about immigration as he branded Brexit a "key contributor" to Britain's cost-of-living crisis.

Evening Standard

City on watch for Bank of England rate cut after latest lacklustre growth data

UK heads away from recession as economy grows in November but weak expansion adds to pressure on the BOE for action

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Top News

China Expresses Concern to US Over Chip Export Controls

China expresses worries to the US regarding export controls and sanctions on chip-making, raising concerns over the impact on trade and the economy.

StockNews.com

3 China Stocks to Buy Climbing the Charts

Several officials and experts indicate a positive outlook for the Chinese economy in 2024, playing a crucial role in driving global economic growth. Amid an optimistic economic backdrop, it could be wise to invest in top China stocks Ping An Insurance (Group) (PNGAY), Sunlands Technology (STG), FinVolution (FINV) for substantial…

Reason

Labor Department's New Regs Aim To Rescue Gig Workers From Their Own Preferences

Biden undid Trump-era rules for independent contractors, but the new rule will likely last only until another Republican is elected president. This is no way to regulate an economy.

Evening Standard

The MSG Sphere was a chance to invest in London's cultural life

City Voices: Loss of London Sphere is a blow to fans and the economy

Top News

Trump slams critics, touts economic success and energy potential

Former President Donald Trump discusses his thoughts on supporting candidates, his stance on shutdowns, the economy, and cutting spending in a lively and c...

The Independent UK

Russia’s ban on social media cost its economy £3.1bn last year

Internet shutdown across nations cost over £7bn to world economy

The Guardian - UK

Labour will be taking a risk sticking by its £28bn green energy plan. It should do it anyway

True, the Tories will accuse Starmer of being spendthrift, but it’s better for the party to fight an election on its own terms, says Guardian economics editor Larry Elliott

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