The Latest Breaking News from Economy

Fed keeps rates unchanged for first time in 15 months as inflation slowly eases

The Federal Reserve’s move to leave its benchmark rate at about 5.1% suggests that it believes the much higher borrowing rates it’s engineered have made some progress in taming inflation.

Chicago Sun-Times · Jun 14, 2023

Corporate ‘greedflation’ could lead to a ‘deeper for longer’ recession, top investment bank strategist warns

Greedflation may force the Federal Reserve to keep interest rates “higher for longer” to fight inflation, pushing the economy into recession.

Fortune · Jun 14, 2023

French minister Schiappa quizzed by Senate over 'Marianne Fund' payments

During three hours of grilling by a Senate committee, the minister for the social economy and associations, Marlène Schiappa, denied Wednesday that she had favoured the main beneficiary of the "Marianne Fund" an entity she helped set up in the spring of 2021.

Radio France Internationale · Jun 14, 2023

US slips in supply-chain ranks after child-labor violations

The U.S. has joined a list of mostly emerging-market countries where ESG supply-chain risks are “high,” after the world’s richest economy failed to provide adequate protections for vulnerable populations including migrant children, according to a fresh study.

Tribune News Service · Jun 14, 2023

Upwork (UPWK) and Fiverr (FVRR): Two Ways of Approaching the Same Problem

While an argument can be made that either Upwork or Fiverr is superior to the other, the reality is that both UPWK and FVRR represent very similar investments.

Barchart · Jun 14, 2023

Cabinet clears 14th Five-year Plan approach paper

It aims to transform Kerala into a modern economy founded on democratic values, sustainable development, social welfare, and scientific temper.

The Hindu · Jun 14, 2023

Campus placements in Mysuru exceed expectations indicating economic buoyancy

Camps placements in some of the engineering colleges in Mysuru have exceeded expectations in the current cycle of recruitments reinforcing the view of buoyancy of the economy.

The Hindu · Jun 14, 2023

Keir Starmer dares Rishi Sunak to call immediate general election

Labour leader says PM is more focused on Tory wrangling over honours than on economy and asylum

The Guardian - UK · Jun 14, 2023

Canada needs to set its businesses up for success in the clean energy transition

Canada committed to the United Nation Sustainability Development Goals (SDGs) in 2015. These 17 goals aim to “achieve peace and prosperity for people and the planet.” This is an important, yet challenging, undertaking.

The Conversation · Jun 14, 2023

How a UK hydrogen car industry could cut fuel costs and carbon emissions

British car company Jaguar Land Rover’s owner, the Indian conglomerate Tata, is expected to finalise a deal soon to build a multi-billion pound electric vehicle (EV) battery plant in the UK.

The Conversation · Jun 14, 2023