The Latest Breaking News from Economy

Stocks Set to Open Lower as Investors Await Powell Testimony, China’s Rate Cut Disappoints

September S&P 500 futures (ESU23) are down -0.48%, and September Nasdaq 100 E-Mini futures (NQU23) are down -0.53% this morning as concerns over the Chinese economy weighed on risk appetite, while investors looked ahead to testimony from Federal Reserve Chair Jerome Powell for more cues on the U.S. central bank’s…

Barchart · Jun 20, 2023

Sage urges Government to ramp up moves to a digital economy

The Tyneside software giant has set out its Blueprint for Digital-led Growth to help strengthen the UK Economy

Birmingham Post · Jun 20, 2023

NSW budget faces ‘severe challenges’ as economy slows and interest rate repayments soar

Nevertheless, Labor has confirmed it is deferring a decision on an increase to the sales tax on the Star casino group

The Guardian - AU · Jun 20, 2023

UK economy in growth ‘doom loop’ after decades of underinvestment

Institute for Public Policy Research points to £500bn-plus underspend compared with other advanced economies

The Guardian - UK · Jun 19, 2023

Fixing UK’s draughty homes could add £40bn to economy, says Citizens Advice

Report finds that raising minimum energy efficiency standards by 2030 could have huge impact beyond bills

The Guardian - UK · Jun 19, 2023

One lakh jobs to be provided under Knowledge mission project

The Knowledge Economy Mission will be implementing the ‘My job, my pride 2.0’ project, aimed at providing employment to one lakh people in one year, in collaboration with local bodies.

The Hindu · Jun 19, 2023

Only 1 in 3 African women have access to the internet–compared with half of men. The cost to the continent’s economy could be in the billions

More business and philanthropic leaders should join in the effort to promote gender equality and digital access in Africa, writes Michelle Williams.

Fortune · Jun 19, 2023

Should You Buy, Sell or Hold JPMorgan Chase & Co. (JPM)?

The largest U.S. bank by assets, JPMorgan (JPM), raised its net interest income guidance by $3 billion last month following the acquisition of the First Republic Bank. However, the bank remains cautious as the uncertainty over deposits and the economy could impact its forecast. Should investors consider buying the stock…

StockNews.com · Jun 19, 2023

It is the responsibility of every citizen to see India become the third largest economy by 2030, says Governor

India has become the fifth largest economy in the world and it is the sole responsibility of every individual citizen to make a major contribution to see India as the third largest economy by 2030, Governor and Chancellor Thaawarchand Gehlot has said. He was addressing students after distributing degree convocation certificates…

The Hindu · Jun 19, 2023

NIO Inc. (NIO) vs. Honda Motor Co. Ltd. (HMC): Which Auto Stock Should You Buy?

With the global economy on the path to recovery, the automotive industry is poised for a significant upswing in sales of both commercial and personal vehicles. While leading auto stocks Honda Motor (HMC) and NIO (NIO) should benefit, let's discuss which of these auto stocks presents a more compelling investment…

StockNews.com · Jun 19, 2023