The Latest Breaking News from Economy

Ukraine Army Spy Chief Pledges More Attacks On Crimea

Ukraine's military spy chief Kyrylo Budanov said in an interview published Friday that Kyiv's attacks in Russian-annexed Crimea were set to intensify, adding that Moscow's economy was proving surprisingly resilient despite sanctions.

International Business Times · Jan 12, 2024

US Bank Profits Decline Due to Insurance Fund Charges

Learn why big U.S. bank profits have taken a hit due to charges on insurance funds and shrinking lending margins, impacting the economy.

Top News · Jan 12, 2024

Naval Attacks In Red Sea Force Tesla To Pause Berlin Gigafactory For Two Weeks

The conflicts in the Red Sea and attacks on transport vessels are starting to take effect on the European economy, which sources components from Asia.

InsideEVs · Jan 12, 2024

UK interest rate cuts cannot come soon enough for economy and Jeremy Hunt

Modest GDP growth in November gives chancellor little to celebrate when three-month figure shows contraction

The Guardian - UK · Jan 12, 2024

China's 2023 Bank Lending Reaches Record High amidst Economic Struggles

China's bank lending in 2023 hits a record high, illustrating the country's efforts to revive its struggling economy, despite ongoing challenges.

Top News · Jan 12, 2024

S&P Futures Tick Lower Ahead of Key U.S. PPI Data and Big Bank Earnings

March S&P 500 E-Mini futures (ESH24) are trending down -0.12% this morning as investors geared up for crucial U.S. PPI data and earnings from big U.S. banks.

Barchart · Jan 12, 2024

S&P Futures Tread Water Ahead of Key U.S. PPI Data and Big Bank Earnings

March S&P 500 E-Mini futures (ESH24) are trending up +0.02% this morning as investors geared up for crucial U.S. PPI data and earnings from big U.S. banks.

Barchart · Jan 12, 2024

BOJ confident inflation will stay near target, sources say

The Bank of Japan is expected to maintain its inflation target forecast, signaling confidence in the country's economy despite challenges.

Top News · Jan 12, 2024

The war in Gaza has taken an economic toll on tech, Israel's most productive sector

Reservists have been called into military service, leaving tech companies understaffed. The tech sector employs about 12% of Israel's workforce and accounts for half of the country's exports.

WEKU · Jan 12, 2024

Surge in German Insolvencies Signals Economic Turmoil at Year-End

Discover how German insolvencies have surged in late 2023, affecting the country's economy. Learn about the implications of this increase.

Top News · Jan 12, 2024