US business inventories rebound in December US business inventories bounced back in December, suggesting that companies are restocking after depleting their inventory levels. This indicates potential... Top News · Feb 15, 2024
Jobless Claims Fall, Labor Market Resilient Despite Interest Rates Despite efforts by the U.S. Federal Reserve to cool the economy, jobless claims remain low. Applications fell by 8,000 to 212,000 in the latest report. Top News · Feb 15, 2024
Small businesses optimistic about growth despite concerns over inflation and hiring Discover the latest insights from small business data, revealing a mix of optimism and concerns about the economy, inflation, hiring challenges, and growth... Top News · Feb 15, 2024
OPINION - The UK economy is in recession (and becoming a bit more European) Four years after the UK exited the European Union and three years after leaving its formal structures (single market and customs union), the British economy is becoming a bit more European. Evening Standard · Feb 15, 2024
What Happened To Mazda's Innovative Skyactiv-X Engine? Mazda's novel compression-ignition engine once looked like a savior for internal combustion. Years later, it hasn’t caught on. Motor1 · Feb 15, 2024
US Import Prices Spike in January, Largest Gain in Years In January, US import prices experienced their largest increase in almost two years, suggesting a potential rise in inflation in the country's economy. Top News · Feb 15, 2024
ECB Policymakers Resist Quick Rate Cuts Amid Falling Inflation ECB policymakers remain cautious about implementing hasty rate cuts despite a decline in inflation, emphasizing the need for a measured approach to policy ... Top News · Feb 15, 2024
Germany's Economy Faces Biggest Slump in 20 Years Germany's chamber of commerce has issued a warning about the country's economy, predicting the most significant decline in 20 years due to multiple factors. Top News · Feb 15, 2024
Chile Central Bank Considers Significant Rate Cut in January Discover how the Chile central bank contemplated a rate cut of up to 150 bps in January and its potential impact on the country's economy. Top News · Feb 15, 2024
Global Stocks Rise as Wall Street Recovers, Oil Prices Decline Shares rise in Europe and Asia as Wall Street bounces back. Japan and UK report economic contractions. Tokyo's Nikkei 225 closes at highest level in 34 years. Top News · Feb 15, 2024
EU Cuts Eurozone Inflation, Growth Forecasts For 2024 The European Commission on Thursday cut both its growth and inflation forecasts for the eurozone in 2024, as it warned geopolitical tensions spelled rising uncertainty for the single-currency area's economy. International Business Times · Feb 15, 2024
UK Economy Slides Into Recession Ahead Of Election Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year. International Business Times · Feb 15, 2024
Japan's Economy Slips Into Recession Amid Consumer Spending Decline Discover the concerning state of Japan's economy as it enters a recession, experiencing two consecutive quarters of contraction. Higher prices and reduced ... Top News · Feb 15, 2024
UK Officially in Recession as GDP Drops in Fourth Quarter Learn about the UK's official recession as government data reveals a 0.3% GDP drop in Q4. Brexit, pandemic, and energy crisis contribute to the economic ch... Top News · Feb 15, 2024
The Guardian - UK · Feb 15, 2024 Ukraine says frozen Russian assets should be used to rebuild war-hit economy Call comes as report puts reconstruction cost at nearly $500bn since start of conflict
The Guardian - UK · Feb 15, 2024 Labour accuses Hunt of being ‘out of touch’, with voting under way in Kingswood and Wellingborough byelections – as it happened Labour aiming to win two byelections as chancellor defends Sunak’s record, saying ‘economy is turning a corner’
International Business Times · Feb 15, 2024 UK Economy Entered Technical Recession In Q4 Of 2023 All three major economic sectors contracted in the fourth quarter: Services (-0.2%), production (-1%), and construction (-1.3%). This resulted in an overall GDP growth of only 0.1% for the entire 2023.
Al Jazeera · Feb 15, 2024 SpaceX launches private Odysseus lander as US shoots for moon NASA, the main sponsor with experiments on board, hopes to jumpstart lunar economy ahead of astronaut missions.
The Guardian - UK · Feb 15, 2024 Even a technical recession is a headache for Rishi Sunak Governments try to generate a feelgood factor before an election. The UK has the opposite: a feel-bad factor
Al Jazeera · Feb 15, 2024 UK economy slips into recession, official data shows GDP shrank by 0.3 percent in the last three months of 2023, after contracting 0.1 percent in the third quarter.
Evening Standard · Feb 15, 2024 FTSE 100 Live 15 February: ‘Low growth not a surprise’, says Hunt, as UK falls into recession The UK economy finished last year in recession after GDP declined by a bigger-than-expected 0.3% in the fourth quarter.
Evening Standard · Feb 15, 2024 'Rishi's recession': Blow to Sunak's key election pledge as Britain slips into negative growth GDP fell by a worse than expected 0.3% in the last three months of 2023
The Guardian - UK · Feb 15, 2024 UK tips into recession in blow to Rishi Sunak GDP fell 0.3% in three months to December after collapse in retail sales in run-up to Christmas
The Guardian - UK · Feb 15, 2024 Rishi Sunak’s promise to grow the economy ‘in tatters’ as UK enters technical recession – as it happened UK economy shrank by 0.3% in October-December, worse than expected, putting country into a technical recession in a blow to the PM
The Guardian - AU · Feb 15, 2024 Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says