The Latest Breaking News from Economy

Guyana’s Economy Set To Double In Size, Driven By Booming Oil Industry

Fastest-growing nation poised for explosive growth as oil production surges and non-oil sectors see investments

Zenger · Sep 27, 2023

The economist who’s been predicting a recession for 18 months says the ‘litmus test’ is finally here, especially with oil headed toward $100 a barrel

David Rosenberg said the current situation with the economy is like trying to cancel winter just because it didn’t snow in December. “It hasn’t materialized, dot dot dot, yet.”

Fortune · Sep 27, 2023

Gabor Maté claims trauma contributes to everything: from cancer to ADHD. But what does the evidence say?

Our health consumes a growing share of our economy and our attention, but we are not in great shape. Even as a ruinous pandemic subsides, epidemics of chronic disease, obesity, addiction and mental illness continue. Systems of care strain to cope and many of us engage in an anxious and…

The Conversation · Sep 27, 2023

The U.S. economy has always shrugged off government shutdowns–but that might stop being the case if they become the new normal

Past government shutdowns barely made a dent in the U.S. economy–but real risk arises if hardball negotiating tactics become routine in Congress.

Fortune · Sep 27, 2023

Why central banks should stop raising interest rates

Mortgage borrowers breathed a sign of relief following a recent pause in the Bank of England’s 14-month campaign of base rate hikes.

The Conversation · Sep 27, 2023

How Detroit and JPMorgan Chase teamed up to tackle the city's economic woes

Detroit's unemployment, housing, and economy are trending in the right direction, and JPMorgan Chase has been a big part of the turnaround.

Fortune · Sep 27, 2023

Bangladesh Joins Digital Cooperation Organization To Boost Digital Economy

Bangladesh becomes a member state, strengthening initiatives for digital empowerment and inclusive growth.

Zenger · Sep 27, 2023

Cloud-based micro businesses floated for future economy

Artificial intelligence in health, education or agriculture could fix many social challenges and is within reach for even the smallest firms, a report shows.

AAP · Sep 27, 2023

Disney Stock Continues Downtrend Amid Legal Battles And Market Concerns

Walt Disney Co (NYSE: DIS) falls 32% since Feb. 9 as legal battles and economic worries persist

Zenger · Sep 26, 2023

Stocks Tumble as Confidence in the U.S. Economic Outlook Wanes

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -1.47%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.51%. Stocks on Tuesday sold off, with the S&P...

Barchart · Sep 26, 2023