The Latest Breaking News from Economy

These 2 Air Transport Stocks Could Be in for Some Sky-High Profits

A strengthening economy, which should come into play in 2024 as the result of a cessation of interest rate increases, and eventual cuts, should benefit not only cash strapped small businesses, but the consumer as well. And if there is one thing a consumer does in the U.S. it’s spend…

StockNews.com · Jan 9, 2024

China: Xi's new year's address wasn't a threat against Taiwan – it was a strategic move for legitimacy

In his new year address, Chinese president Xi Jinping claimed that Taiwan would “surely be reunified” with China. Against the backdrop of increased Chinese military posturing in the Taiwan Strait, some western journalists are framing Xi’s remarks as an overt and direct threat against Taiwan. They argue that Xi’s rhetoric…

The Conversation · Jan 9, 2024

Will President Xi’s Corruption Crackdown Worsen Sentiment Toward Chinese Stocks?

Chinese President Xi Jinping has vowed to deepen an anti-corruption campaign against several sectors of the economy, a move that risks hurting market sentiment, hampering China’s economic recovery, and further driving away foreign investors. On Monday, President Xi singled out the finance, energy, pharmaceutical, and infrastructure sectors and state-owned enterprises...

Barchart · Jan 9, 2024

Global economy will slow for a third straight year in 2024, World Bank predicts

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

The Independent UK · Jan 9, 2024

Risk of financial ‘wasted decade’ for poor countries, World Bank warns

Global economy set to slow for third year in 2024, with poor countries especially hard hit, body says

The Guardian - UK · Jan 9, 2024

Inflation Surges in Mexico, Core Rate Shows Some Relaxation

Mexico's economy sees a slight rise in headline inflation for December, while the core rate softens. A delicate balance to keep an eye on.

Top News · Jan 9, 2024

‘Ghost strike’ will still take a toll on London business

City Comment: At a time when London’s economy needs more than ever to be firing on all cylinders this corrosive brinkmanship needs to be brought to an end

Evening Standard · Jan 9, 2024

Trump says he hopes the US economy crashes this year for his own benefit

Republican insists Joe Biden’s success amounts to ‘running off the fumes of what we did’

The Independent UK · Jan 9, 2024

Optimism among CFOs about economic conditions declines, but they remain confident about harnessing tech for long-term gains

Interest rates, the macroeconomic economy, and geopolitics are CFOs' top three concerns, according to Deloitte's new analysis.

Fortune · Jan 9, 2024

Wharton’s Jeremy Siegel says the U.S. economy is at a perfect ‘Goldilocks pace’—neither too strong nor too weak to spook the Fed or markets

"Everyone is focused on how many rate cuts are priced ... and how we need six cuts to have a good 2024. I totally disagree with that."

Fortune · Jan 9, 2024