The Latest Breaking News from Economy

Economy, energy row and drugs loom at North American summit

North American leaders aim to give new impetus to strengthening economic ties at a meeting this week, even as a major dispute grinds on over Mexico's energy policies which has distracted from cooperation on other issues like immigration.

Reuters · Jan 8, 2023

No matter their differences, Starmer and Sunak face the same obstacle

Whether it’s Labour plan for renewal or the Tory path to recovery, both remain hostage to circumstance in 2023

The Guardian - UK · Jan 8, 2023

Bristol City Council's planning backlog is badly 'impacting city's economy'

City Hall's planning department has 'ground to a halt' with at least four months to even get assigned a planning officer

Bristol Post · Jan 8, 2023

If economy slows, Stellantis' Belvidere plant, others could be at risk

The CEO of the maker of Jeep SUVs said if the economy and consumer demand worsen, that could be bad news for its Cherokee plant in Belvidere, Illinois, and perhaps other manufacturing facilities.

Tribune News Service · Jan 7, 2023

Australian consumers look for an escape

Australians are feeling pessimistic about the economy but a new survey shows it's not stopping them from spending.

AAP · Jan 6, 2023

Americans are already pessimistic about how the year will go

So much for the roaring 2020s. U.S. adults are already out on 2023 and expecting the worse, especially when it comes to work and the economy.

Fortune · Jan 6, 2023

India’s economic growth to slow to 7%, government forecasts

India remains a relative ‘bright spot’ in the world economy, but weak exports are expected to hamper its growth.

Al Jazeera · Jan 6, 2023

3 Growth Stocks to Buy Now and Hold All of 2023

Amid slowing interest rate hikes and the economy possibly avoiding a recession this year, growth stocks could stage a recovery. Hence, fundamentally strong growth stocks Raytheon (RTX), Archer-Daniels-Midland (ADM), and Celestica (CLS) could be solid buys now. Read on….

StockNews.com · Jan 6, 2023

Germany backs Norwegian plan to capture carbon from cement

Germany's economy minister Robert Habeck threw his weight behind a Norwegian project to capture carbon emissions and re-use them being carried out by multinational HeidelbergMaterials.

Reuters · Jan 6, 2023

US hiring solid while wages cool, giving Fed room to slow hikes

The U.S. labor market stayed strong last month and wage gains cooled, boosting hopes the economy will dodge a recession and giving the Federal Reserve room to slow interest-rate hikes.

Tribune News Service · Jan 6, 2023