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The Latest Breaking News from Economy

Breaking Live 3 publishers covering this story in the last 6 hours

40m ago US midterm elections: 9 key issues that could shape the November polls
1h ago The west is in freefall – and the worst part is that we were warned, but chose not to listen
1h ago Global bond sell-off deepens amid fears US economy may be running too hot – business live
4h ago Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mounting
4h ago Hundreds of trucks jam Turkey-Iran border crossing as US blockade pushes trade overland

IMF Ups Global Growth Forecast But Signals Medium-term Pessimism

The IMF has raised its outlook for the global economy this year, while maintaining a gloomy forecast over the medium term, according to fresh data published Tuesday.

International Business Times · Apr 16, 2024

Mideast-related Oil Price Spike Threatens 'Relatively Good' Economic Outlook: IMF Chief Economist

The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF's "relatively good" outlook for the world economy, its chief economist told AFP. "We are projecting a global economy that is quite resilient for 2024," Pierre-Olivier Gourinchas said in an interview ahead of…

International Business Times · Apr 16, 2024

Taylor Swift And Travis Kelce's Economic Impact On Business

Taylor Swift and Travis Kelce's relationship boosts their ventures and industries they're involved in, impacting the economy significantly.

Top News · Apr 16, 2024

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US Single-Family Housing Starts Drop Sharply In March

The decline in single-family housing starts in the US raises concerns for the economy and construction industry, impacting various sectors.

Top News · Apr 16, 2024

Canada's Inflation Rate Reaches 2.9%, Cooling Trend Persists

Canada's inflation rate rises to 2.9% due to higher prices, but underlying trends suggest a cooling effect on the economy.

Top News · Apr 16, 2024

US Economy Boosted By Strong Retail Performance

US retail sales data shows strong performance, boosting consumer spending and the dollar value, signaling a robust economic recovery.

Top News · Apr 16, 2024

Fed's Powell To Adjust Policy Based On Strong Data

Federal Reserve Chairman Powell and Treasury Secretary Jefferson to discuss 'restrictive' monetary policy in response to strong economic data, focusing on ...

Top News · Apr 16, 2024

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Dow CEO: My company is a major plastic producer. We must end plastic pollution

This month, an intergovernmental meeting convenes in Ottawa in hopes of advancing a legally binding global agreement to end plastic pollution.

Fortune · Apr 16, 2024

Chinese growth beats expectations in first quarter amid German chancellor's visit

China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile,…

France 24 · Apr 16, 2024

Pakistan Aims For Swift Approval Of New IMF Loan

Pakistan's Finance Minister is optimistic about securing an IMF loan to address economic challenges and stabilize the country's economy.

Top News · Apr 16, 2024

Japan Finance Minister Monitoring Yen Exchange Rate

Japan's finance minister closely monitors FX market and yen's impact on economy for stability.

Top News · Apr 16, 2024

Fed Chair Daly Urges Caution In Rate Cuts Decision

The President of the Federal Reserve Bank of San Francisco, Mary C. Daly, has stated that the Federal Reserve should not rush to cut interest rates unless it is deemed necessary. Daly's comments come amidst growing speculation about the possibility of the Fed implementing rate cuts to stimulate the economy.

Top News · Apr 16, 2024

China's Yuan-Dollar Cycle: Vicious Hoarding And Weakening Trend

China's economic landscape has been marked by a cycle of dollar hoarding and a weakening yuan, creating a vicious cycle that has significant implications for the global economy.

Top News · Apr 16, 2024

China's Q1 Property Investment Decline Worsens

China's property investment decline in Q1 raises concerns about economic stability and broader implications for the economy.

Top News · Apr 16, 2024

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Top News · Apr 16, 2024

UK Wage Growth Slows, Bank Of England Considers Rate Cuts

Recent data shows UK wage growth slowing as Bank of England considers interest rate cuts, raising concerns about the economy.

The Guardian - UK · Apr 16, 2024

Middle East oil shock would lead to higher interest rates, warns IMF; FTSE 100’s worst day in nine months – as it happened

IMF scenario shows how a 15% jump in oil prices would push up global inflation by 0.7 percentage points

International Business Times · Apr 16, 2024

Chinese Economy Beats Growth Expectations In First Quarter

Beijing has set a target of around five percent growth for the year, a goal officials last month admitted would "not be easy" and which analysts said was ambitious given the headwinds the country is confronting.

Top News · Apr 16, 2024

China's Economy Beats Expectations With 5.3% Growth In Q1

China's economy exceeded expectations in Q1 2024 with 5.3% growth driven by manufacturing and household spending. Challenges and policy responses are shapi...

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news in one place.

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International Business Times · Apr 16, 2024

Equities Sink, Oil Rallies On Fears Of Iran-Israel Conflict

Asian stocks fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after Israel's army chief vowed a response to Iran's unprecedented attack on his country at the weekend.

Al Jazeera · Apr 16, 2024

China’s economy beats expectations, growing 5.3 percent in first quarter

Statistics agency says economy has made ‘good start’ to the year under the leadership of Chinese President Xi Jinping.

Al Jazeera · Apr 16, 2024

Solomon Islands prepares for ‘most important election since independence’

Voters worry about state of economy and cost of living as foreign analysts focus on China ties.

International Business Times · Apr 16, 2024

China Posts Forecast-beating Growth In First Quarter

China's economy grew far more than expected in the first quarter of 2024, data showed Tuesday, even as it is buffeted by a property-sector crisis and flagging consumer activity.

InsideEVs · Apr 15, 2024

China Paid Billions In Aid To Local EV Makers, Including Tesla, To Dominate The Market: Study

BYD was the biggest beneficiary of China’s support scheme, raking $3.7 billion in direct subsidies, followed by Tesla.

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