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The Latest Breaking News on Economy

US Economy Grows 3.3% in Q4 2023, Exceeding Expectations

Discover how the US economy grew by 3.3% in the last quarter of 2023, surpassing expectations. Find out what this means for the Federal Reserve and rate cuts.

Top News

US economic growth ends 2023 with surprising strength

Growth slowed far less than expected in last three months of 2023 and gross domestic product grew at annualized rate of 3.3%

The Guardian - US

UK factories cut production for 11th month in a row amid tensions in Red Sea

Dominant services sector expanded more than expected, boosting overall outlook for British economy, according to survey

The Guardian - UK

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Labor on vote-buying spree promising tax cuts for all

Anthony Albanese is promising middle Australia will be the focus of cost-of-living support, as speculation mounts about changes to stage three tax cuts.

AAP

Economic Outlook Keeps Investors Wary On Nigeria

Record inflation, a sliding naira currency and weak financial structure are keeping investors wary of Nigeria, Africa's largest economy, with some companies even stepping away despite economic reforms under recently-elected President Bola Ahmed Tinubu.

International Business Times

More than 370,000 appointments in London cancelled due to NHS strikes

Nearly 37,000 appointments were rescheduled in the capital this week following the junior doctors' strike

Evening Standard

Odisha going in for carbon budget for 2024-25 fiscal year

The Naveen Patnaik government is going in for a carbon budget, a policy means to keep the emissions reduction targets under control, for the financial year of 2024-25

The Hindu

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Jobs Report Reveals Downward Revisions, Inflation Continues Amid Wage Stagnation

Discover the creative truth behind the US economy's recent job gains and steady unemployment rate. Are things really as good as they seem? Dive in to find out!

Top News

Storm clouds loom for economy as rain, floods take toll

The fallout from severe storms in Queensland could lead to consequences for the economy and budget bottom line, Treasurer Jim Chalmers has warned.

AAP

Kerala for ‘innovative measures’ to raise additional resources

In the run-up to the 2024-25 State Budget, the State government is looking at “innovative measures” for mobilising the much-needed additional resources.

The Hindu

US Private Sector Hiring Up More Than Expected In December

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

International Business Times

Humza Yousaf attacks Tories for 'choosing tax cuts for wealthy' over fair NHS pay

HUMZA Yousaf has accused the UK Government of prioritising “tax cuts for the wealthy” over fair pay for NHS staff as junior doctors in England…

The National (Scotland)

Here’s how many of Rishi Sunak’s five key pledges have been met one year on

RISHI Sunak is failing to deliver on most of the five key pledges he made a year ago which he said his government should be judged on, a report says.

The National (Scotland)

Global Investors’ Meet 2024 will focus on distributed growth in T.N., says Minister

Ahead of the Global Investors’ Meet 2024, scheduled to be held this weekend in Chennai, Tamil Nadu Industries Minister T.R.B. Rajaa, in an interview with The Hindu, shares the focus areas, goals and prospects of the big ticket event

The Hindu

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The Hindu

Urban consumer confidence stable, optimism in income levels | Data

November 2023 Consumer Confidence Survey: Pessimism about general economic situation, employment & income levels decreases; higher share of respondents say income levels have improved.

Evening Standard

UK economy set to escape 2024 'hard landing' in boost for Sunak

After a brush with recession, consumers are set to spur a rebound

The Independent UK

Recession warning puts another Sunak pledge at risk

The Prime Minister looks in danger of only meeting one of his five pledges for 2023.

The National (Scotland)

UK economy at risk of recession after worse than expected third quarter decline

THE UK is at risk of falling into a recession after revised official figures show the economy declined between July and September.

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news in one place.

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Evening Standard

Latest junior doctors’ strikes 'could lead to 75,000 cancellations in London' as medics walk out for second day

Training medics who are members of the British Medical Association are also preparing for the NHS’s longest-ever walkout in January

International Business Times

EU Strikes Budget Reform Deal After Two-year Wrangle

The EU agreed reforms Wednesday that will loosen budget rules with the goal of encouraging investments while keeping debt and spending under control, after France and Germany bridged their differences.

AAP

Productivity rebounds as pandemic bubble bursts

The pandemic's influence on the economy and job choice is wearing off, allowing productivity growth to snap back to pre-pandemic levels.

StockNews.com

2023 Stock Market Lessons Learned

If we don’t honestly review the lessons of the past, then we are likely doomed to repeat those same mistakes in the future. Not only is that foolish...but highly unprofitable. And that is the importance of doing this annual review of 2023 Stock Market Lessons Learned to improve our odds…

The Independent UK

Germany's economy seen shrinking again in the current quarter as business confidence declines

Germany's central bank says the country's economy is likely to shrink again slightly in the current fourth quarter

AAP

Higher tax payments help SA to first post-COVID surplus

South Australia is back in black by $41 million, but growing operating expenses have resulted in a lower surplus than expected.

Evening Standard

UK to 'dodge winter recession' as key business survey shows private sector growing

But the continued strength of the economy may encourage the Bank of England to keep interest rates higher for longer

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