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The Latest Breaking News from Economy

Yellen Warns China Industrial Subsidies Pose Risk To World Economy

Yellen arrived in the southern city of Guangzhou on Thursday for several days of talks with Chinese officials on her second visit to the world's second-largest economy in less than a year.

Latin Times

Japan's Coincident Index Slumps, Signaling Economic Slowdown

Japan's declining coincident index raises concerns about economic slowdown and global impact.

Top News

US Economy Expected To Add 200,000 Jobs In March

Insights on American economy's job growth, Federal Reserve's interest rate cuts, and resilience amidst inflation concerns.

Top News

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US Layoffs Surge To 14-Month High Due To Cutbacks

Recent data shows layoffs in the US at a 14-month high, driven by cutbacks in government and tech sectors, posing challenges for the job market and economy.

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Italy's State-Backed Loans Pose Restructuring Challenge

Italy's state-backed loans post-COVID pose challenges, potential defaults may strain economy.

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US Economy Predicted To Experience Moderate Slowdown In March

Recent economic indicators suggest a potential slowdown in job and wage growth in the US economy for March.

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Japan's Household Spending Declines For 12Th Consecutive Month

Japan's household spending continues to decline, posing challenges for the economy amid COVID-19 impact.

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Philippine Inflation Accelerates In March Due To Rising Rice Prices

Learn about the recent surge in inflation in the Philippines driven by rising rice prices and its potential impact on the economy and consumers.

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Marco Rubio Is Wrong About Industrial Policy

Breaking down Rubio's factually flawed and logically incoherent call for more government involvement in the economy.

Reason

Will the US unemployment rate continue at historic lows?

US job growth has continued at a steady clip in months since COVID pandemic, but experts are looking for warning signs.

Al Jazeera

Canada Homebuilding Declines For Third Consecutive Year

Learn about the declining trend in homebuilding in Canada and its potential impacts on the economy.

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US Trade Deficit Grows In February Due To Increased Imports

US trade deficit widens in February as imports surge, impacting the economy and job creation. Efforts needed to address the imbalance and promote domestic ...

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No, the New Minimum Wage Won’t Wreck the Fast Food Industry or the Economy

Studies have repeatedly shown wage increases bring few job cuts and boost local economies.

Capital & Main

NYC Marathon Organizers Face Bridge Toll Dispute

Dispute between NYC Marathon and MTA over Verrazzano-Narrows Bridge toll impacts iconic race and city economy.

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Al Jazeera

What’s behind the latest US sanctions on Zimbabwe President Mnangagwa?

Have sanctions ever achieved much in Zimbabwe, and how do they affect the country’s economy?

The Hindu

T.M. Thomas Isaac interview | ‘If BJP gets a third term at Centre, federalism is finished’

T.M. Thomas Isaac, former Finance Minister of Kerala and Central committee member of CPI(M), is Left front’s candidate in 2024 Lok Sabha elections from Pathanamthitta constituency, a Congress stronghold. He discusses his ongoing battle with ED, the Left’s prospects in upcoming Lok Sabha elections

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Japanese Companies Agree To Largest Wage Hike In 33 Years

Japanese companies agree to largest wage increase in 33 years, boosting economy and supporting workers' financial well-being.

Top News

UK Economy Shows Signs Of Recovery Despite Slower Services Growth

Latest PMI data shows UK economy resilient with balanced recovery across sectors, moving towards exiting recession.

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Latin Times

Asian Markets Mixed After US Data, Eyes On Jobs Report

An equities rally that started at the back end of 2023 has stuttered in recent weeks after a string of reports suggested the economy was too strong and prices too sticky for officials to begin easing monetary policy this year.

International Business Times

Asian Markets Lifted By US Data And Fresh Rate Cut Hopes

Asian markets rose Thursday after US data provided a fresh indicator that inflation was easing and Federal Reserve boss Jerome Powell soothed worries about the bank's plans to cut interest rates this year.

WEKU

Taiwan earthquake briefly halts chip factories that power the global economy

The Taiwan Semiconductor Manufacturing Co., which makes more than 90% of world's most advanced chips, also halted production, but it plans to resume chipmaking overnight.

Tom’s Guide

Are inexpensive mattresses worth it or are they a waste of money?

An inexpensive mattress can save you hundreds, but are their cheap price tags a false economy? I'm a sleep writer — here's my take...

International Business Times

Cutting Rates Too Soon Could Be 'Quite Disruptive': Fed's Powell

The US Federal Reserve's high benchmark rate is "doing its job" against elevated inflation, chairman Jerome Powell said Wednesday, warning that lowering it too soon could be "quite disruptive" for the American economy.

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Federal Reserve Likely To Reduce Benchmark Interest Rate Later This Year

Federal Reserve Chair hints at rate cuts in 2023 despite strong economy. Fed remains independent from political influence.

AAP

Venture seeks 'big bets' on new clean, green economy

Venture capitalists say investors can mitigate climate change and biodiversity risks and create significant economic and investment value at the same time.

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