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The Latest Breaking News from Economy

With higher-than-expected job gain and inflation, concerns about the Fed’s tight monetary policy pushing the economy into a recession still loom large. Therefore, investors could look to buy fundamentally strong and profitable stocks, Johnson & Johnson (JNJ), Canon (CAJ), and Forrester Research (FORR). Keep reading….

StockNews.com

Keir Starmer's 'five missions' for Britain explained - can Labour achieve them?

Labour leader Keir Starmer set out his plans for a better Britain in a major speech in Manchester. Here's what his 'five missions' for the future of the country are and whether they can be achieved

Daily Mirror

Netanyahu gets funding boost under shadow of economic woes

An Israeli parliamentary committee has approved new funding for Prime Minister Benjamin Netanyahu and his family, a small but contentious boost in spending at a time when he is facing mass protests over his policies and as the economy is on shaky ground

The Independent UK

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What are Keir Starmer’s five ‘missions’ for future Labour government?

Labour leader says his plan will fix ‘fundamental’ problems facing Britain and give the UK the ‘confidence’ to move forward as a country

The Independent UK

2 Oil and Gas Stocks With Major Upside Potential

Improved demand from the Chinese economy and increasing air travel have created tailwinds for the energy sector. Given this backdrop, fundamentally strong energy stocks HF Sinclair (DINO) and PBF Energy (PBF), with major upside potential, might be solid buys in 2023. Read on….

StockNews.com

Six weeks of falling applications for unemployment benefits

The number of Americans filing for jobless aid fell again last week as the labor market remains resilient in the face of the Federal Reserve’s interest rate increases meant to cool the economy

The Independent UK

US revises down last quarter's economic growth to 2.7% rate

The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said in a downgrade from its initial estimate

The Independent UK

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Measures announced in Union Budget to promote jobs, spur economic growth: Report

NEW DELHI: The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the finance ministry said on Thursday.

The Times of India

Gas prices are falling but your energy bills still won't be affordable any time soon

Wholesale gas prices – the price paid by the company that then sells it on to you – are at last starting to fall to levels below where they were before Russia invaded Ukraine in February 2022, though not back to levels before the global economy restarted after COVID lockdowns.

The Conversation

WPP profits top £1bn as ad giant’s boss embraces “scary” AI revolution

WPP offered hope today that the economy could be in for a “soft landing” as clients resumed spending and profits zipped past £1 billion.

Evening Standard

Keir Starmer in clash with BBC presenter as he’s accused of ‘crimes against the English language’

Country needs ‘confidence to move forward’ and tackle challenges ahead, Labour leader says as he launches “mission plan”

The Independent UK

Commentary: On the debt limit fight, it’s time to end business as usual

President Joe Biden has called for an increase in the debt ceiling. To avoid another fight with Congress on the issue ahead of the 2024 elections, he would need lawmakers to boost the current ceiling by roughly $2.5 trillion. This would allow for total debt of about $34 trillion, or…

Tribune News Service

Minister challenged over Deposit Return Scheme contract

Circular Economy Minister Lorna Slater was grilled by opposition MSPs

Insider UK

Raimondo seeks to rally US behind $52 billion chip program

The government's $52 billion investment to develop advanced computer chips has become a rare source of bipartisan agreement

The Independent UK

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Bangkok Post

Poll seen sparking spending spree

The upcoming general election is likely to stimulate consumption, with around 60-70 billion baht to be circulated within the country’s economy, enhancing the Thai stock market both one week before and one month after the polls, say analysts.

Reason

Why Congress Should Pass a Ukrainian Adjustment Act

Giving recent Ukrainian refugees the right to permanent residency in the US will avert potential tragedy for them, and benefit the US economy.

Daily Mirror

Building 100,000 homes a year would 'pump more than £17billion' into economy

The former Tory Cabinet Minister Brandon Lewis - who backed the report - said that since the 1970s 'we have consistently failed to deliver enough new housing'

Bangkok Post

Netflix unveils special Thailand travel guide

Netflix has announced a partnership with the Tourism Authority of Thailand, the Department of National Parks, Wildlife and Plant Conservation, and the Creative Economy Agency to put together Uncover Thailand: A Creative Travel Guide, a first-of-its-kind Thailand travel guide.

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Bangkok Post

Thai Wah expects 20% revenue rise

Thai Wah Plc, a starch and starch-based food company, is optimistic about the global economy in 2023 and projects revenue growth of nearly 20% to 12-13 billion baht.

Bangkok Post

Changing Thailand: a series (prologue)

Before I start talking economic jargon filled with figures, let me explain Thailand's economic situation in plain language.

Bangkok Post

Buoyant Nippon Paint eyes 25% revenue uptick in 2023

An improved economy is among the key factors that Nippon Paint Decorative Coatings (Thailand) believes will help it record revenue growth of 25% to 2.25 billion baht in 2023.

StockNews.com

2 China Stocks That Could Be Better Buys Than Alibaba in 2023

Amid the reopening of China’s economy, stocks are expected to see a significant rebound. Therefore, investors could invest in fundamentally strong stocks Hello Group (MOMO) and China Automotive Systems (CAAS) instead of Alibaba Group (BABA). Read more….

Fortune

We're in danger of falling into 1970s-style inflation without aggressive interest rate hikes, according to a top Fed official

“If inflation doesn’t start to come down, you risk this replay of the 1970s... Let’s be sharp now, let’s get inflation under control,” St. Louis Fed President James Bullard told CNBC Wednesday.

StockNews.com

2 Dow Stocks to Buy and Watch This Week

Despite the consecutive rate hikes, the U.S. economy remains resilient amid robust consumer spending and a tight labor market. So, given the Dow Jones’ steady start to 2023, we think quality Dow stocks Coca-Cola (KO) and McDonald's (MCD) could be great buys now. Keep reading.

Al Jazeera

Tight fiscal leash awaits winner of Nigeria presidential election

Ahead of the election, Africa’s largest economy is in a precarious position due to rising debt and low revenue.

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