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The Latest Breaking News from Economy

Breaking Live 3 publishers covering this story in the last 6 hours

35m ago A look at France's public debt as economy takes centre stage in French Presidential election
1h ago A look at France’s public debt as economy takes center stage in French election
2h ago Argentine leader Milei on mission to beef up economy during Paris visit
3h ago India can't take growth for granted, FinMin warns as global rates rise and investors turn cautious

Zero-Covid: five charts that show how restrictions are throttling the Chinese economy

Three years into the pandemic, China is still relying on snap lockdowns and mass testing – and that could spell trouble for the global economy

The Guardian - AU · Dec 1, 2022

Australians are worried about govt corruption: here are three ways to help fix it

Every year the global economy loses billions to corruption. Measures to combat it have a mixed track record.

360info · Dec 1, 2022

Is the Bear Market Over???

The S&P 500 (SPY) quickly dispensed with 2 key levels of resistance on Wednesday following statements by Fed Chairman Powell. Now more people are contemplating that the 2022 bear market may be over and time to get more bullish. 40 year investment veteran Steve Reitmeister weighs in on this timely…

StockNews.com · Dec 1, 2022

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BoT hikes policy rate as recovery gathers steam

The Bank of Thailand believes the country's economy will take off in the final quarter of this year and return to pre-pandemic growth levels.

Bangkok Post · Nov 30, 2022

How are Thais spending so much now?

Third-quarter GDP growth for 2022 (Q3/2022) is 4.5% -- substantially higher than the expected 4%. The main driving factor is robust private consumption -- not tourism income -- which expanded 9% in real terms and 15.7% in nominal terms, compared to the same quarter last year. On the surface, this…

Bangkok Post · Nov 30, 2022

Aging boomers are making it harder to tame inflation

Older Americans aren’t returning to the workforce, and that has major implications for inflation and the U.S. economy long term.

Fortune · Nov 30, 2022

2 Defensive Stocks That Deserve a Spot in Your Portfolio

Despite widespread market volatility and rising recession fears, the U.S. economy looks resilient enough to deal with a palpable growth slowdown. Experts are hopeful that the broader markets will stabilize eventually. Amid this, investors should exercise caution and consider adding fundamentally strong and defensive stocks Altria Group (MO) and Sprouts…

StockNews.com · Nov 30, 2022

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Elon Musk just accused the Fed of ‘massively amplifying’ the risk of a severe recession

The Tesla and Twitter CEO has suffered major stock dips this year, but there’s little chance of a Fed pivot.

Fortune · Nov 30, 2022

US job openings fall to 10.3 million in hopeful sign for Fed

U.S. job openings fell in October, reversing a surprise jump in the prior month, in a hopeful sign for the Federal Reserve as it seeks to curb demand across the economy.

Tribune News Service · Nov 30, 2022

Louis Theroux reveals moment he saw 'behind the veil' working for the BBC

Louis Theroux had a two-decade-long partnership with the BBC. He spoke about flying economy while the execs 'lived the highlife'

Daily Mirror · Nov 30, 2022

2 Stocks You'll Be Glad You Bought at These Prices

With inflation finally showing signs of cooling down and the Fed hinting at less aggressive interest rate hikes, the stock market is experiencing a modest rally. Analysts believe the economy is resilient enough to avoid a recession and attain a soft landing. Therefore, investors could now invest in attractively priced…

StockNews.com · Nov 30, 2022

Tech’s latest gold rush is selling influencers the tools they need to influence you

Providing social media influencers with tech tools and services is a hot industry. Can it survive the cooling economy?

Fortune · Nov 30, 2022

Jordan’s Draft 2023 Budget Forecasts Lower Deficit, Steady Economic Growth

Finance Minister Mohamad Al Ississ said on Wednesday that Jordan's draft 2023 budget forecasts 11.4 billion dinars ($16 billion) in state expenditure as the economy's recovery gathers pace. Al Ississ said in a statement the budget deficit was expected to fall to 2.9% of GDP next year from 3.4% this…

Asharq Al-Awsat · Nov 30, 2022

US revises up last quarter’s economic growth to 2.9 percent

Wednesday’s data shows that last quarter’s GDP uptick was led by solid gains in exports and consumer spending.

Al Jazeera · Nov 30, 2022

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The Times of India · Nov 30, 2022

India on track to achieve 6.8-7% GDP growth this fiscal: CEA Anantha Nageswaran

NEW DELHI: The Indian economy is on track to achieve a 6.8-7 per cent GDP growth in the current fiscal, chief economic advisor (CEA) V Anantha Nageswaran said on Wednesday.

Newslaundry · Nov 30, 2022

Using data to tell the story of India’s infrastructure issues, and the way ahead

In October 1963, while inaugurating the Bhakra dam on the Sutlej river in Himachal Pradesh, then prime minister Jawaharlal Nehru used the evocative phrase “temples of modern India” to describe the infrastructural milestones in the formative years of India’s post-Independence economic rebuilding. The dam, which took nearly 15 years to…

The Guardian - AU · Nov 30, 2022

Inflation may now have peaked. The RBA must tread carefully

The next worry for Philip Lowe is he’ll have to apologise for raising interest rates longer than needed

Tribune News Service · Nov 30, 2022

Layoffs mount: Twitter, tech, biotech firms chop 900-plus Bay Area jobs

SAN JOSE, California — Twitter and other companies have unveiled plans to chop more than 900 Bay Area jobs in a fresh round of tech and biotech layoffs that could jolt the region’s increasingly wobbly economy.

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StockNews.com · Nov 30, 2022

2 Stocks That Have Wall Street's Stamp of Approval

Despite rampant market volatility ahead of the November jobs data, and possible recession fears, experts believe the U.S. economy is resilient enough to handle a potential growth slowdown. Given the possibility of a year-end rally, quality stocks Pfizer (PFE) and AT&T (T) could now be ideal additions to your portfolio.…

The Times of India · Nov 30, 2022

Indian economy grows 6.3% in Q2 of FY23; services shine, manufacturing & mining sectors drag

NEW DELHI: India's gross domestic product (GDP) for the period July-September 2022 grew by 6.3% , data released by the government showed on Wednesday.

The Times of India · Nov 30, 2022

Government targets to cross 1 crore job-mark from digital economy in next 2 years: Ashwani Vaishnaw

NEW DELHI: The government has set a target to cross 1 crore job-mark in the next 2 years in three main segments of digital economy - electronics, startups and IT, and IT-enabled services, minister for IT and communications Ashwani Vaishnaw said on Wednesday.

Asharq Al-Awsat · Nov 30, 2022

Türkiye’s Economic Growth Slows to 3.9% in Q3 as Foreign Demand Falls

Türkiye’s economy expanded 3.9% in the third quarter from a year ago, according to official data released on Wednesday, though growth slowed from the previous quarter as a global slowdown put a drag on exports, but the tourism sector remained strong. Gross domestic product (GDP) contracted 0.1% from the previous…

Tribune News Service · Nov 30, 2022

Eduardo Porter: Migrant workers face worse choices than building World Cup stadiums

The global financial crisis of 2008 dealt a blow to thousands of Indian laborers. They were set to join hundreds of thousands of compatriots providing the workforce for a construction boom in Dubai. Then the world economy spasmed, the price of oil tanked and international finance dried up. Hundreds of…

The Times of India · Nov 30, 2022

Investors want more of India, says Goldman Sach’s Sengupta

NEW DELHI: Foreign investors are showing increased interest in India, as Asia’s third-largest economy ramps up its manufacturing capacity and improves infrastructure, said Santanu Sengupta, chief India economist at Goldman Sachs Group Inc.

The Guardian - UK · Nov 30, 2022

Bulb Energy takeover by Octopus cleared; anger over HSBC branch closures; food inflation at record – as it happened

The UK’s sale of collapsed Bulb Energy to Octopus Energy will go ahead after it was approved by a London judge this afternoon

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