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The Latest Breaking News from Economy

Breaking 6 publishers covering this story in the last 6 hours

1h ago China rolls out new measures to bolster its property sector and economy
1h ago India to have more older population set as fertility falls below replacement: Moody’s
2h ago 83% of CFOs say U.S. stocks are overvalued, even as optimism about their companies rises
2h ago Trump Slashes Fuel Economy Standards: Critics Warn Drivers Will Burn More Gas as Prices Soar
3h ago Human touch in AI era & 'original' Indian piece in reels & movie puzzle

Electronic Arts Cuts Bookings View on ‘Star Wars’ Game Delay, Spending Slowdown

Electronic Arts Inc lowered its annual bookings forecast on Tuesday, as the videogame publisher delayed the release of a title based on the "Star Wars" franchise and consumers dialed back spending in a sagging economy. The company's shares fell nearly 7% in extended trading as the results added to last…

Asharq Al-Awsat · Feb 1, 2023

UK curbs on international student visas would be ‘act of economic self-harm’

University leaders fear billions being lost as a result of battles within government over immigration policy

The Guardian - UK · Feb 1, 2023

Factbox-Nigeria election 2023: what you need to know and what's at stake

Voters in Africa's biggest economy and most populous nation head to the polls on Saturday to elect a new president and lawmakers, in what is set to be a close contest amid rising frustration over cash and fuel shortages, unprecedented insecurity and surging inflation.

Reuters · Feb 1, 2023

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Saudi Economy Grows 8.7%

Saudi Arabia registered an 8.7% economic growth in 2022, the General Authority for Statistics (GASTAT) said on Tuesday. The real GDP of the Kingdom during the fourth quarter of 2022 grew by 5.4 percent, compared to the same period in 2021. “This increase in GDP was a result of the…

Asharq Al-Awsat · Feb 1, 2023

India to raise spending on job creation ahead of election

Prime Minister Narendra Modi’s government plans to ramp up capital spending by 33% in a $550 billion annual budget designed to spur economic growth and create jobs ahead of a general election next year

The Independent UK · Feb 1, 2023

‘Work is about belonging’: LGBTQ+ people’s history in the workplace

In a new book, historian Margot Canaday studies the neglected history of queer people in American workplaces

The Guardian - US · Feb 1, 2023

UK's teachers and civil servants join mass strike on 'Walkout Wednesday'

Up to half a million British teachers, civil servants, and train drivers walked out over pay in the largest coordinated strike action for a decade on Wednesday, with unions threatening more disruption as the government digs its heels in over pay demands.

Reuters · Feb 1, 2023

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The risk of Australia entering recession has just risen

From a drop in retail sales to falling house prices, there are signs pointing towards a recession in Australia. How will the Reserve Bank respond?

ABC News · Feb 1, 2023

Economy may grow 4% on tourism - minister

Thailand's economy could grow as much as 4% this year, which would be the fastest rate in five years, bolstered by a rebound in the tourism sector and increased domestic consumption, Deputy Prime Minister and Energy Minister Supattanapong Punmeechaow said on Wednesday.

Bangkok Post · Feb 1, 2023

Powell likely to stress Fed's inflation fight far from over

Inflation is cooling, and parts of the economy appear to be weakening

The Independent UK · Feb 1, 2023

Humanising capitalism: Jim Chalmers designs a new version of an old Labor project

Treasurer Jim Chalmers begins his Monthly essay “Capitalism After the Crises” with a quote from the ancient Greek philosopher Heraclitus: “No man ever steps in the same river twice. For it’s not the same river, and he’s not the same man.”

The Conversation · Feb 1, 2023

Investor Alert: Why the Bear Market Might End on 2/1?

The stock market (SPY) is at a fork in the road coming into the 2/1 Fed announcement at 2pm ET. However, in this case there are 4 different directions stocks could head from here and thus 4 trading plans you should be aware of now. 40 year investment pro Steve…

StockNews.com · Jan 31, 2023

A JPMorgan strategist just said that markets are in big trouble if the economy doesn't fall into a recession

Without a recession in 2023, the Fed may be forced to hike interest rates later in the year, JPMorgan's Mike Bell says.

Fortune · Jan 31, 2023

ASX closes up, Flight Centre lifts and shock CEO exits — as it happened

The Australian share markets close up 0.3 per cent. Catch up on the day's events and insights from our business reporters on the ABC News live markets blog.

ABC News · Jan 31, 2023

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Bangkok Post · Jan 31, 2023

December MPI marks the lowest level in 28 months

Thailand's Manufacturing Production Index (MPI) fell by 8.19% year-on-year in December last year to 93.98 points, the lowest level in 28 months, as the world economy contracted.

The Guardian - UK · Jan 31, 2023

Tory MPs urge Hunt to bring forward tax cuts after bleak IMF forecast

Chancellor defiant as pressure mounts with warning from within that party could face end of an era in government

StockNews.com · Jan 31, 2023

The 3 Top ETFs to Purchase in 2023

With less aggressive but drawn-out interest rate hikes by the Fed visibly slowing down an otherwise robust economy, the stock market is expected to remain volatile in the foreseeable future. Hence, it would be wise to invest in Vanguard Value ETF (VTV), iShares Russell 1000 Value ETF (IWD), and Energy…

The National (Scotland) · Jan 31, 2023

BBC slated for Brexit anniversary coverage featuring 'insulting' Radio 4 interview

THE BBC has been heavily criticised for its coverage of the third Brexit anniversary after broadcasting an “insulting” interview with two…

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The National (Scotland) · Jan 31, 2023

SNP MP launches 'one stop shop' resource for independence and the EU

Alyn Smith, SNP’s spokesperson for EU accession in Westminster, set up the website to highlight the economic decline of the UK following Brexit

Axios · Jan 31, 2023

The space industry is attracting new business

The space economy has grown a lot in the last 10 years.

Tribune News Service · Jan 31, 2023

GM reports nearly $10 billion in profit in 2022 despite headwinds

General Motors Co. booked $9.9 billion in net income last year, down from 2021's $10 billion despite chronic supply chain woes, rising interest rates and a slowing economy.

Axios · Jan 31, 2023

Democracies embrace economic security to counter China and Russia

The vision of a truly open global economy is fading

Evening Standard · Jan 31, 2023

When is Budget Day 2023? What to expect from Jeremy Hunt’s statement

The Chancellor set out his plans amid a soaring cost of living crisis

The Independent UK · Jan 31, 2023

Mexico's growth slows to 0.4% in 4Q, 3.6% in 2022

Mexico's economy slowed in the last quarter of 2022 but still managed to advance by 0.4%, bringing economic expansion for the full year to 3.6%

Birmingham Post · Jan 31, 2023

Bristol Airport expansion gets go-ahead as High Court appeal dismissed

The transport hub said the decision was 'excellent news' for the South West economy

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