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The Latest Breaking News from Economy

China falls deeper into deflation territory, hitting markets; IMF warns of risk of cold war II – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Dec 11, 2023

The Guardian view on Labour and the climate crisis: the £28bn question deserves an answer

Editorial: Sir Keir Starmer has popular plans to green the economy but electoral support is the crucial precondition to make them a reality

The Guardian - UK · Dec 10, 2023

All about the consumer: next year will see the end of the spending party

Interest rate hikes will probably end by next year, but small business owners should be prepared for a consumer slowdown

The Guardian - US · Dec 10, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

The migration strategy won’t silence Dutton but Labor is backing away from the feared Big Australia

The Albanese government is reducing migrant intake as it seeks to make inroads to easing the population and housing squeeze before the next election

The Guardian - AU · Dec 10, 2023

What Is Quantitative Easing?

Quantitative easing is one strategy the Federal Reserve uses to stimulate the economy. Here's how it works.

Kiplinger · Dec 10, 2023

Bank of England, Fed and ECB poised to leave interest rates on hold

Stubbornly high inflation forces central banks to avoid cuts, but markets expect falls next year

The Guardian - UK · Dec 10, 2023

Labour is on course for victory – but what kind of economy will it inherit?

Inflation is coming down, but Keir Starmer will need to improve public services when there is a lack of ready cash

The Guardian - UK · Dec 10, 2023

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The real legacy of Margaret Thatcher

THE Scottish founder of the Labour Party is probably turning in his grave at his namesake’s praise of former Tory prime minister Margaret…

The National (Scotland) · Dec 10, 2023

Gerry Hassan: What Labour in power will mean for the United Kingdom

AS the Tory government grows nastier and more punitive by the day, they become more divided, desperate and prepared to do anything to maintain power.

The National (Scotland) · Dec 10, 2023

Australia’s economy 2023 report: how it started v how it’s going

Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

The Guardian - AU · Dec 9, 2023

India poised to become a developed country by the year 2047, says Union Finance Minister Nirmala Sitharaman

Union FM Sitharaman launched Viksit Bharat Sankalp Yatra to ensure welfare schemes reach targeted sections. Modi ki Guarantee vehicles tour to spread awareness of schemes like Ayushman Bharat, PM Garib Kalyan Anna Yojana, Jan Dhan bank accounts, PM Awas Yojana and PM Kisan. Economy making rapid strides and will reach…

The Hindu · Dec 9, 2023

A year after lifting COVID rules, China is turning quarantine centers into apartments

Dozens of makeshift centers were built and now stand empty. Now authorities want to revive a stagnating economy and attract young workers to cities by turning the structures into affordable housing.

WEKU · Dec 9, 2023

India to be $5 trillion economy by end of 2025: Amit Shah

Union Home Minister Amit Shah on December 9 said India will become a $5 trillion economy by the end of 2025. Addressing the valedictory session of the Uttarakhand Global Investors Summit in Dehradun, Mr. Shah said India has grown exponentially on every front over the past one decade due to…

The Hindu · Dec 9, 2023

The Fed watcher who called the 2007 housing bubble expects interest rates to stay high for ‘much, much, much longer.’ It’s payback for the unsustainable ‘free money era’

Jim Grant of Grant's Interest Rate Observer believes it will take years to undo the kinks from a decade of ultra-low interest rates.

Fortune · Dec 9, 2023

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WEKU · Dec 9, 2023

The economy is a trouble spot for Biden despite strong signs. Here's why

Despite job growth, low unemployment and record spending, Americans are in a sour mood about the economy — and that could spell trouble for President Biden's reelection chances.

The Hindu · Dec 9, 2023

India's GDP growth is reflection of transformative reforms of last 10 years: PM Modi

PM Modi said his government wants to turn the Gujarat International Finance Tec (GIFT) City into a global nerve centre of the new age global financial and technology services.

International Business Times · Dec 9, 2023

Nearly Two Years Into War, Is Russia's Economy Out Of The Woods?

As he prepares to run for re-election in 2024, is President Vladimir Putin right to claim the worst is over for the Russian economy?

The Independent UK · Dec 8, 2023

A 'soft landing' or a recession? How each one might affect America's households and businesses

The solid hiring revealed in Friday’s jobs report for November, along with a raft of other recent economic data, is boosting hopes that the U.S. economy will achieve a “soft landing” next year rather than a widely feared recession

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WEKU · Dec 8, 2023

How a top economic adviser to Biden is thinking about inflation and the job market

The latest numbers show a strong picture for the U.S. economy. Yet many Americans have a pessimistic view. Here's how an adviser to Joe Biden says they're addressing that.

WEKU · Dec 8, 2023

California faces record $68 billion budget deficit, analyst says

The nation's most populous state — with an economy that is the fifth largest in the world — has been struggling with the rising prices of most goods and services.

Fortune · Dec 8, 2023

Unemployment rate drops to 3.7%, and experts say it’s another ‘soft landing’ signal that will leave the Fed in limbo

“The recession that seemed so inevitable at the end of 2022 still hasn’t arrived and may not come anytime soon,” said Chris Zaccarelli, chief investment officer of the Independent Advisor Alliance.

The Conversation · Dec 8, 2023

The NBA In-Season Tournament is a play for viewer attention — will it succeed over time?

The National Basketball Association’s inaugural In-Season Tournament wraps up this weekend. The tournament kicked off on Nov. 3 and will culminate in a championship game between the Indiana Pacers and Los Angeles Lakers on Dec. 9.

StockNews.com · Dec 8, 2023

Bearish or Bullish: Deciphering the 3 Best China Stocks for December

China, the world’s second-largest economy, exhibited resilience even in the face of several macroeconomic challenges. In this context, should investors invest in the shares of Chinese stocks: Alibaba Group (BABA), Weibo Corp (WB), and Autohome Inc. (ATHM)? Read on….

Kiplinger · Dec 8, 2023

Jobs Growth Beats Expectations in November: What the Experts Are Saying

The jobs report keeps the economy on track for a soft landing, but rate cut hopes may be premature.

The Guardian - UK · Dec 8, 2023

By every measure, Brexit is harming Britain

Letters: Readers respond to an article by Larry Elliott that said the UK’s departure from the EU hasn’t been as bad as predicted

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