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The Latest Breaking News from Economy

Meta and OpenAI have spawned a wave of AI sex companions—and some of them are children

The uncensored AI economy is booming, giving rise to hard legal and ethical questions.

Fortune

Budget Held Hostage: UK Government's Financial Plans at Stake

Lock and load! The next UK government's budget is at the mercy of the economy. Brace yourself for the impact as money becomes the ultimate hostage.

Top News

Stocks Set to Open Mixed as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.06% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

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Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.16%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.17% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

Turkey's Current Account Deficit Surges in November - Reuters Poll

Turkey's economy takes a twist as November reveals a surprising deficit in the current account. Find out the implications in our latest report.

Top News

Stock Markets Drop As Early US Rate Cut Chances Recede

Stock markets retreated Monday, extending a weak start to the year, after a forecast-busting US jobs report further dampened hopes of an early cut to interest rates in the world's biggest economy.

International Business Times

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings

Barchart

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Thailand secures borrowing for .3bn handout plan - official

Thailand's economy gets a boost as it secures permission to borrow for a .3 billion handout plan, fueling hopes for economic recovery and relief for Tha...

Top News

Dazzling German Exports Triumph in November!

Breaking all expectations, Germany's exports have surged in November, painting a vibrant picture of the country's resilient economy in the face of global u...

Top News

‘State has to sustain high growth rate of 18% to achieve $1 trillion economy goal by 2030’

Tamil Nadu's goal to become a $1 trillion economy by 2030 is ambitious, but doable, say economists Raghuram Rajan & Arvind Subramanian.

The Hindu

T.N. Global Investors Meet kicks off with vision report for $1 trillion economy; slew of MOUs signed

Tamil Nadu Global Investors Meet (GIM) 2024 kicks off with Chief Minister M.K. Stalin unveiling a $1 trillion economy blueprint and multiple MOUs entailing mega investments.

The Hindu

‘T.N. needs huge investments to become $1 trillion economy’

Tamil Nadu to become go-to destination for FDI, attract $3.8-4.3 trillion investments to achieve $1-trillion goal by 2030.

The Hindu

Union Minister Hardeep Singh Puri blames States for not bringing down petrol price

Puri blames States for not bringing down petrol price

The Hindu

Kerala Congress factions to peg their poll campaigns to rubber

As the Lok Sabha elections draw near, the key Kerala Congress factions have begun designing their campaign strategies around the ailing rubber plantations — the mainstay of central Travancore economy for long.

The Hindu

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The Guardian - UK

Forget talk of Labour’s ‘tax bombshell’. It’s Tory policy that needs a watchful eye

Conservative economic promises such as tax cuts fail to match fiscal reality – the key to progress is investment, not austerity

Reason

The Post-Neoliberalism Moment

Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.

The National (Scotland)

Scots could be £10k better off with 'independence prize of higher living standards'

SCOTS could enjoy higher living standards of countries such as Denmark, Finland and Ireland under independence, the First Minister will say.

Top News

Trump's Ad Claims on Economy Contain Misleading Information: Fact Check

Fact-checking Trump's ad on Biden's economy: gas prices, take-home pay, and mortgage rates. Unveiling the truth behind the claims in a creative perspective.

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Al Jazeera

Why is Somalia so angry about Ethiopia’s new Red Sea port deal?

Ethiopia’s economy has struggled with no sea access, and an agreement to use a Somaliland port has upset its neighbour.

The Independent UK

Voices: Biden’s case for 2024: Dollars, Dobbs and democracy

Joe Biden hopes to make a positive argument for his presidency: defending abortion rights, democracy and growing a strong economy. Will it be enough?

Fortune

Biden's economic guru insists both Wall Street and Main Street can celebrate another strong jobs report as the market yawns

“At the end of the day, this idea that what's good for Main Street is bad for Wall Street is not really correct,” Jared Bernstein, chair of the Council of Economic Advisers, told Fortune.

Fortune

China’s global travel rebound didn’t happen in 2023. But analysts still predict ‘out of the park’ growth in outbound travel this year

China ended its system of quarantine almost a year ago, but Chinese tourists largely stayed home rather than embark overseas.

The Hindu

Tamil Nadu continues to be the second largest State economy: Finance Minister

Ahead of the Global Investors’ Meet, Finance Minister Thangam Thennarasu dismissed claims that Uttar Pradesh had overtaken Tamil Nadu as the second largest State economy

Kiplinger

December Jobs Growth Comes in Hot: What the Experts Are Saying

A stronger-than-expected jobs report clouds the picture for interest rate cuts.

The Conversation

Consumer confidence is rising amid gloomy economic news – here's what that means and why it matters

People’s confidence in the UK’s economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, “consumer sentiment” as this confidence is called, is still in negative territory.

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