The Latest Breaking News from Economy

Countdown to Rocket Man launch - stadium ready for Elton

McDonald Jones Stadium venue manager Dean Mantle said Sir Elton John's concerts will be a "huge test event" that should lead to more major shows in Newcastle. A crowd of more than 28,500 is expected to pack into the Broadmeadow venue on Sunday, and again on Tuesday, as the rock…

Newcastle Herald · Jan 6, 2023

Weekly Must-Read: China’s Road to Economic Recovery Faces Post-Covid Speed Bumps

Policymakers are now squarely focused on reviving the economy. But some analysts warned against ‘excessive optimism’ about when pre-pandemic growth rates will return

Caixin Global · Jan 6, 2023

MSP vows cycling event will have 'lasting legacy' in Scotland

MSP for Edinburgh Central Angus Robertson says hosting the world's largest such event will boost the economy.

Daily Record · Jan 6, 2023

2 "Strong Buy" Penny Stocks to Add to Your Portfolio Now

Although inflation is cooling, the Fed is expected to keep raising interest rates this year, increasing the odds of the economy tipping into a recession. Amid an uncertain economic backdrop, it could be wise to add fundamentally sound penny stocks ARC Document Solutions (ARC) and Good Times Restaurants (GTIM) to…

StockNews.com · Jan 5, 2023

2 Food Makers Stocks That Hit the Sweet Spot

With the Fed indicating that it will continue raising rates this year, the odds of the economy tipping into a recession are increasing. Despite uncertain economic conditions, food makers will likely witness steady demand. Therefore, we think fundamentally strong food makers stocks Sysco Corporation (SYY) and Campbell Soup (CPB) could…

StockNews.com · Jan 5, 2023

Global economy 2023: how countries around the world are tackling the cost of living crisis

The rising cost of living is biting businesses and households around the world. Editors from across The Conversation’s international network have asked local academic experts to explain how their countries and regions are tackling this issue, as well as the 2023 outlook for prices and interest rates where they live.

The Conversation · Jan 5, 2023

Fewer Americans file for jobless claims last week

Fewer Americans applied for jobless benefits last week, reflecting a still-robust job market despite the Federal Reserve’s efforts to cool the economy and bring down decades-high inflation

The Independent UK · Jan 5, 2023

Diversity of US workplaces is growing in terms of race, ethnicity and age – forcing more employers to be flexible

Increased immigration, longer life expectancy and a decline in birth rates are transforming the U.S. workforce in two important ways. The people powering this nation’s economy include far more people of color and workers over 55 than was the case four decades ago.

The Conversation · Jan 5, 2023

Big interview: Simon Bird on the economy, freeport status, hydrogen and ferry terminal progress

David Laister speaks to the Humber port director as the new year sees activity across several key fronts

Birmingham Post · Jan 5, 2023

JP Morgan warns of gloomy job market ahead as the economy 'slips into a recession'

Hopes for a Fed pivot are premature, as Jay Powell has not succeeded yet in anchoring inflation expectations.

Fortune · Jan 5, 2023