The Latest Breaking News from Economy

St. Petersburg’s structural racism study authors are eager to see action

ST. PETERSBURG, Fla. — Mayor Ken Welch promised in his inaugural address that he would oversee a city where people from all backgrounds benefit from a booming economy that is leaving many behind.

Tribune News Service · Mar 16, 2023

Jonathan Bernstein: Blaming SVB on ‘woke’ banks masks Republican divide

Politicians generally don’t like looking silly. And yet a whole bunch of Republican politicians reacted to the collapse of Silicon Valley Bank by raging about “woke” banking” in ways that made them appear ridiculous to anyone actually concerned about the danger to the banking system and the economy.

Tribune News Service · Mar 16, 2023

Jeremy Hunt defends Budget amid £1bn tax giveaway for wealthy

The Chancellor said the measures he set out will have a 'transformational' impact on the economy

Manchester Evening News · Mar 16, 2023

China picked to catapult Thai economy

China's economic growth and the preference among Chinese for Thai properties should make it a key driver for the Thai economy and property market, according to economic and property analysts.

Bangkok Post · Mar 15, 2023

Arkhom pledges stability after poll

The government is ready to take action, even in a caretaker position before the next administration takes power, should global volatility affect the country's economy or financial system, Finance Minister Arkhom Termpittayapaisith told reporters.

Bangkok Post · Mar 15, 2023

New Zealand GDP down 0.6 per cent in Q4 2022

New Zealand has had a 0.6 per cent contraction in GDP in the December 2022 quarter, beginning a predicted 2023 dip a quarter earlier than expected.

AAP · Mar 15, 2023

Recession or not, California’s economy should fare better than rest of the nation

Whether the economy slumps this year or not, California shouldn’t feel as much pain as the rest of the country.

Tribune News Service · Mar 15, 2023

Varadkar says Ireland has to work harder to shape EU agenda post-Brexit

The Taoiseach said that despite many challenges, the Irish economy has been ‘remarkably resilient’.

The Independent UK · Mar 15, 2023

Colleagues pray for Jezza to cut his losses when his four Es fail to kick in

Education, Employment, Enterprise and … Everywhere? Chancellor’s solutions to heal economy fall flat as he fails to read the room

The Guardian - UK · Mar 15, 2023

‘Dr. Doom’ Nouriel Roubini warns that ‘contagion’ from U.S. banks could spread globally

“A banking crisis can morph into a debt crisis for the sovereign, in a doom loop between the banks,” Roubini told Fortune in November.

Fortune · Mar 15, 2023