The Latest Breaking News from Economy

Bank of England interest rate hike looms as main event in a blockbuster week for the economy

Will it be 0.75% or 0.50%? Thursday’s top-of-the bill rate move helps set the tone for the economy and consumers into 2023

Evening Standard · Dec 9, 2022

Chancellor’s post-Brexit City reforms risk a ‘race to the bottom’

There is a sweeping package of more than 30 reforms

Evening Standard · Dec 9, 2022

'More than just a football club' - The importance of Newcastle United for city on 130th anniversary

As Newcastle United celebrates its 130th anniversary we take a look at how vital the club is to the city and its economy

Chronicle Live · Dec 9, 2022

Without effective vaccines, China’s economy may not heal

Changes to zero-Covid policy could prove insufficient if lockdowns are expected to continue

The Guardian - UK · Dec 9, 2022

'It's dead out here': China's slow exit from zero-COVID

Judging by Friday's quiet streets in China's capital Beijing and the reluctance of some businesses to drop COVID curbs, enduring anxieties about the coronavirus are likely to hamper a speedy return to health for the world's second-largest economy.

Reuters · Dec 9, 2022

Why India Can’t Replace China

The barriers to New Delhi’s next boom.

Foreign Affairs · Dec 9, 2022

China seeks to tone down assertive diplomacy that ‘backfired,’ US official says

WASHINGTON — China’s assertive diplomacy in recent years has “backfired” and Beijing now seeks a more predictable relationship with the U.S. as the country’s economy slows and the government tries to loosen its strict COVID-19 curbs, the Biden administration’s top Asia official said.

Tribune News Service · Dec 9, 2022

Chicago attracting a healthy amount of investment, but all neighborhoods aren’t equal

Chicago attracted a lot of investment over the past decade, but how well its economy serves residents depends a lot on where they live. Between 2010 and 2020, neighborhoods where most residents are Black received a fraction of the overall investment recorded in mostly white neighborhoods, according to a new…

Chicago Tribune · Dec 9, 2022

Consumer confidence hit 20-month high last month

Consumer confidence increased for the sixth straight month in November, hitting a 20-month high, lifted by improved economic activity, an increase in foreign tourist arrivals and lower petrol prices.

Bangkok Post · Dec 8, 2022

3 Stocks That Stand to Benefit from the Ongoing Energy Crisis

Despite the recent retreat in oil and gas prices from their peaks, a surge in demand due to the onset of a chilly winter in the U.S. and Europe and the reopening of China’s economy could boost oil and gas prices significantly. Therefore, we think it could be wise to…

StockNews.com · Dec 8, 2022