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The Latest Breaking News from Economy

Put entrepreneurs front and centre to revive global economy post-pandemic

Entrepreneurship brings jobs, turns ideas into new goods and services, and hastens structural change

Birmingham Post

Northern Ireland economy stagnating and outlook poor, accountants' body says

Chartered Accountants Ulster Society's survey blamed political instability and inflationary pressures but said opportunities from Windsor Framework exist if Executive gets back to work

Birmingham Post

3 Large-Cap Pharma Stocks to Protect Your Portfolio Through 2023

The worst banking crisis since 2008 could not stop the Fed from raising the benchmark interest rate. The possibility of further policy tightening and strict lending standards for banks might push the economy into a recession this year. Therefore, investing in large-cap pharma stocks Johnson & Johnson (JNJ), Merck &…

StockNews.com

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

Volcker slayed inflation. Bernanke saved the banks. Can Powell do both?

History remembers Paul Volcker as the slayer of inflation, and Ben Bernanke as the crisis firefighter. Jerome Powell is in danger of having to play both roles at once — or, what may be worse, to choose between them.

Tribune News Service

4 Best Pharma Stocks to Buy for the Long Haul

With the persistent rise in lifestyle diseases, the pharmaceutical industry is well poised for strong growth in the long term. Also, with the Fed likely to keep increasing the interest rates, the economy is likely to enter a recession, making pharma stocks attractive investment options. Therefore, investors could look to…

StockNews.com

Retail sales bounce points to resilience of UK economy but reveals shifting shopping patterns

Valentine’s Day bargain hunters help power stronger-than-expected sales rise

Evening Standard

EU Leaders Grapple with Bank Risks as Economy Weakens

European Union leaders gathered Friday to gauge the risk of a banking crisis developing from recent global financial turbulence and hitting the economy even harder than the energy crunch tied to Russia's war in Ukraine. The deliberations by EU government heads in Brussels follow US regulators shutting down two US…

Asharq Al-Awsat

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EU leaders grapple with bank risks as economy weakens

European Union leaders are gauging the risk of a banking crisis developing from recent global financial turmoil and hitting an already weak economy

The Independent UK

How "too big to fail" banks became a symbol of safety

Not that long ago, these banks were the villains that nearly cratered the economy.

Axios

Councillor accuses new leadership of Dumfries and Galloway Council of "by-passing the democratic process"

Just a matter of days after taking charge of the council administration, the Conservatives group came under scrutiny over its decision-making process

Daily Record

FTSE 100 Live: ‘Worries about contagion’, Deutsche Bank slides, FTSE closes down 1.3%

Banking stocks slipped further today, as shares in Deutsche Bank plunged in Frankfurt.

Evening Standard

What to expect from the first night of Scotland's Festival of Economics

Here’s what to expect on first night

The National (Scotland)

Scotland's first Festival of Economics kicks off in Dundee

SCOTLAND’S first Festival of Economics begins today in Dundee.

The National (Scotland)

'Employers have a central role' in accelerating Scotland's journey to net zero

CIPD report argues that skills development and community impact will be key in the transition to a green economy

Insider UK

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Fortune

Wall Street’s ‘Dr. Doom’ sees ‘Bermuda Triangle’ of risks for economy and warns of a 2008-like crisis

“We avoided the debt crisis a couple of times...but now the game is over," economist Nouriel Roubini said in a new interview.

Salon

Fed risks throwing millions out of work

"The Fed is playing with fire," warns former Labor Secretary Robert Reich

The Independent UK

Fed's unwanted ally in bid to tame inflation: Credit crunch

The Federal Reserve is getting some unwanted help in its drive to slow the U.S. economy and defeat the worst bout of inflation in four decades: A cutback in bank lending

Reason

Banning Chinese Products in the Name of 'National Security' Could Have Disastrous Consequences

It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.

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news in one place.

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Chronicle Live

Bishop Auckland Stack set to open next spring after plans given go-ahead

Work is expected to start on the site at Newgate Street immediately and will be a permanent building rather than shipping container structure

Al Jazeera

Bank of England raises interest rates to 4.25%

The UK’s central bank announces 11th consecutive interest rate increase as it focuses on fighting inflation.

StockNews.com

2 Stocks to Sell Short in 2023

Amidst high inflation, banking failures in recent weeks, and tight monetary policies, the economy is expected to witness a downturn this year. Against this backdrop, fundamentally weak stocks, Snap (SNAP) and Peloton Interactive (PTON) could be best sold short, liquidated, or avoided completely. Read on.

AAP

Regulator backs local banks to ride out global storm

Financial regulators confirm the resilience of Australia's banking system following rigorous oversight during the past fortnight.

The Conversation

Federal Reserve’s ‘soft landing’ goal has become bumpier with rate hike plan hit by bank turbulence

Federal Reserve policymakers have targeted a “soft landing” for the U.S. economy since beginning their effort a year ago to tame runaway inflation by hiking interest rates. That is, they believed they could do so without sending the U.S. into recession.

StockNews.com

2 Best Oil and Gas Stocks for Investors to Buy Today

The soaring global oil demand, especially driven by the Chinese economy, and constrained supplies have created enduring tailwinds for the energy sector. Given this backdrop, quality oil and gas stocks Marathon Petroleum (MPC) and Valero Energy (VLO) could be solid buys now. Read on….

StockNews.com

2 Cannabis Stocks to Think Twice About Before Buying

The cannabis industry has been facing several economic and regulatory challenges. Demand has also slowed amid a glut in supply. With the Fed unlikely to stop interest rate hikes, the economy could enter a recession this year. Amid this backdrop, it could be wise to avoid fundamentally weak cannabis stocks…

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