The Latest Breaking News from Economy

Fed Stands Pat on Interest Rates: What the Experts Are Saying

The Fed elected to go with a "hawkish pause" on interest rates for a second straight meeting.

Kiplinger · Nov 1, 2023

The Fed held interest rates steady — but the fight against inflation is not over yet

The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.

WEKU · Nov 1, 2023

Kamal Hassan says Kerala model is his lodestar in politics

Kamal Hassan praised Kerala's model of development, citing its literacy, public health, social welfare, hygiene, and quality of life index. He lauded its decentralised government, People's Plan campaign, and Chief Minister Pinarayi Vijayan's efforts to transform it into a knowledge-based economy. He also credited art forms for inculcating a civic…

The Hindu · Nov 1, 2023

IMF urges higher interest rates to control inflation

An independent assessment of Australia's economy says interest rates will need to lift higher and government effort will be required to bring inflation down.

AAP · Oct 31, 2023

CapitaLand Investment launches India’s first net zero business park in Chennai, to invest 500 million Singapore dollars over next five years

CapitaLand Investment Limited (CLI) has commenced operations for phase 1 of International Tech Park Chennai Radial Road, investing over S$500 million in Chennai over the next five years. It is the first business park in India certified by IGBC as Net Zero for energy efficiency, water conservation and waste management.…

The Hindu · Oct 31, 2023

The 2023 Hyundai Elantra Hybrid Is A Nearly Perfect Economy Car

It may not be flashy, but the Elantra Hybrid gets more than 500 miles of range on a single tank.

Motor1 · Oct 31, 2023

Are journalists serving Virginia's voters well? Election could offer insights on media on national level

As Virginia holds elections on Nov. 7, 2023, to fill all 140 seats in the state legislature, the results will likely offer insights on the nation’s political pulse. Voters’ preferences for Democrats or Republicans may well reflect how they feel about Joe Biden or Donald Trump – and about key…

The Conversation · Oct 31, 2023

Eurozone economy shrinks by 0.1%, putting it at brink of recession

Ireland posts biggest decline, while Germany contracts by 0.1% and France grows by 0.1%

The Guardian - UK · Oct 31, 2023

Rental Market Will Slow Through 2023: The Kiplinger Letter

Expected growth in the rental market is likely to remain slow for the rest of the year amid a slow housing market and cooling economy.

Kiplinger · Oct 31, 2023

Europes' largest economy falls further behind US in recession warning

The German economy declined 0.1% in the third quarter, with falling oil demand sounding the latest recession alarms.

Fortune · Oct 31, 2023