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The Latest Breaking News from Economy

US economy shows steady job growth in January amid Biden-Trump transition

Labor department data shows 143,000 jobs added with unemployment rate steady at relatively low 4%

The Guardian - US

US Jobs Report Shows Economy Added 143,000 Jobs In January

A US jobs report for January was released on Friday and showed unemployment dropped to 4%.

International Business Times

Putin Hails Russia's Strong 2024 Economic Growth

Russia reported strong economic growth for 2024 on Friday as record spending on the military offensive against Ukraine outweighed the impact of Western sanctions.

International Business Times

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Washington's Debt Delusion: Economic Growth Cannot Fix the Deficit

Republicans are betting trillions on the hope that the economy will grow fast enough to cover their deficit spree.

Reason

Cheap coffee and smaller pizzas help Yum China survive an uncertain consumer market

Yum China’s New York–traded shares jumped by 9.1% on Thursday, after the company reported resilient earnings and an expanded dividend.

Fortune

Germany Logs Record US Surplus Amid Trump Tariff Fears

Germany logged a record trade surplus with the United States last year, data showed Friday, news that could stoke tensions with US President Donald Trump as he threatens the EU with tariffs.

International Business Times

US job creation slowed in January; UK can’t say ‘job done’ fighting inflation, say’s BoE’s Pill – as it happened

US economy added 143,000 new jobs last month, fewer than expected

The Guardian - UK

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Friday briefing: The Bank of England interest rate cut suggests there are more gloomy times ahead

In today’s newsletter: The Bank also downgraded its growth forecast for the UK, piling pressure on Labour to turn its rousing rhetoric on economic expansion into reality

The Guardian - UK

Japanese Prime Minister Ishiba Meets With US President Trump

Japanese Prime Minister Ishiba meets with President Trump to discuss defense, economy, and a blocked merger between US Steel and Nippon Steel.

Top News

'Its never really about economy': Sanjay Manjrekar on Harshit Rana's expensive ODI debut

NEW DELHI: Cricketer-turned-commentator Sanjay Manjrekar feels that the significance of Harshit Rana's three vital wickets in "many ways" that sealed the match for India should be the main focus, rather than his economy against England in the first ODI at Nagpur.

The Times of India

Amsterdam: A Thriving Business Hub

Amsterdam, the capital of the Netherlands, is renowned for its picturesque canals, historic architecture, and vibrant culture. However, beyond its postcard-perfect scenery lies a dynamic and innovative business hub that has become a magnet for entrepreneurs, startups, and multinational corporations alike

inkl

AI will have a ‘seismic impact’ and could take over 70% of tasks in computer-based jobs, say experts

AI is likely to have a ‘seismic impact’ on the economy and society, experts say

The Independent UK

Bank of England interest rate cuts are a much-needed boost for the economy

THE INDEPENDENT VIEW: Editorial: The quarter percentage point cut surprised no one but it is still more significant than it sounds – and we can expect Rachel Reeves to make the very most of it in the weeks ahead

The Independent UK

‘Stagflation’ fears as Bank of England cuts growth forecast and warns of price rises

UK economy expected to grow by just 0.75% this year, in fresh blow to Rachel Reeves’s attempts to raise confidence

The Guardian - UK

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The Guardian - UK

Grim news for Rachel Reeves is good news for the FTSE 100

The stock market is not the economy – as shown by the new closing high after the Bank of England’s rates cut

Top News

US Trade Representative Nominee Faces Questions On Retaliatory Tariffs

Confirmation hearing addresses concerns about retaliatory tariffs and potential economic impacts on US economy and industries.

Evening Standard

Bank of England cuts rates but slashes growth forecast in blow to Labour

The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

Evening Standard

Interest rates: Why have they been cut and what does it mean?

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

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Evening Standard

Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75%

Inflation also expected to be higher than previously forecast, rising to 3.7% this year

The Independent UK

Bank of England cuts interest rates to 4.5% as it downgrades growth forecast

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

The Independent UK

Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth

Top News

Jamieson Greer To Face Senate Committee For U.S. Trade Representative

Learn about Jamieson Greer's nomination for U.S. trade representative and the impact of new tariffs on Mexico, Canada, and China on the economy and consumers.

The Independent UK

UK construction activity contracts as ‘full impact’ of Budget sets in

The latest S&P Global construction purchasing managers’ index showed a reading of 48.1 in January, down sharply from 53.3 in December.

The National (Scotland)

Blow for Labour's 'growth' drive as Bank of England cuts forecast in half

THE Labour Government’s flagship economic pledge has been dealt a blow after the Bank of England halved its growth forecast for 2025 ...

Top News

Impact Of Tariff Threats On Mexico's Border Economy

Explore the impact of potential tariffs on Ciudad Juárez's manufacturing sector and cross-border trade dynamics.

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