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The Latest Breaking News from Economy

March's Job Report: The Three Numbers That Should Matter The Most For The Fed And Wall Street

The Federal Reserve and Wall Street should look below the headline March jobs report released Friday to three numbers that matter the most for inflation and interest rates -- labor force participation, unemployment rate, and hourly earnings.

International Business Times

Stocks Settle Higher as a Strong US Labor Market Powers the Economy

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.28%. Stock indexes on Friday posted moderate gains. Stocks rallied Friday on optimism that strength...

Barchart

Zimbabwe Launches New Currency Zig To Stabilize Economy

Zimbabwe introduces new currency ZiG backed by gold and foreign reserves to stabilize economy amidst currency crisis.

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March Jobs Growth Blows Past Estimates: What the Experts Are Saying

A whopper of a jobs report could complicate the Fed's rate-cut plans.

Kiplinger

Stocks Gain as US Labor Strength Signals a Strong Economy

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.15%. Stock indexes this morning are moderately higher on optimism that strength in the...

Barchart

Stocks Climb on Optimism in the US Economy

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.55%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.70%. Stock indexes this morning are moderately higher on optimism in the US economy...

Barchart

US Hiring Blows Past Expectations In March

US hiring rose much more than expected last month, according to government data published Friday, increasing the chances that the Federal Reserve will remain on pause for longer as it weighs when to start cutting interest rates.

International Business Times

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Zimbabwe Launches New Gold-backed Currency

Zimbabwe's central bank launched a new "structured currency" backed by gold on Friday, as it seeks to tackle sky-high inflation and stabilise the country's long-floundering economy.

International Business Times

Baltimore Grant To Boost Cargo Shipments, US Transport Department

US Department of Transportation grants Baltimore to enhance cargo shipments post-bridge incident, boosting local economy.

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US Employers Add 303,000 Jobs In March

US economy adds 303,000 jobs in March, signaling strength and optimism for future growth.

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President Biden's LNG Export Ban Threatens Southeast Texas Economy

President Biden's LNG export ban impacts Southeast Texas, risking jobs and economic growth.

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Indonesia Reviews Import Rules After Business Group Complaints

Indonesia is reviewing import rules to enhance efficiency and transparency, aiming to boost its economy and trade relations.

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OPINION - The Standard View: Don't take the capital of culture for granted

London is not only the capital of the nation, but also a global metropolis for culture and the arts. From world-class academia to museums, video games to fashion, the city is teeming with energy and fresh ideas. And so today, Sadiq Khan pledged to “turbo charge” the capital’s creative economy…

Evening Standard

SK hynix to Build $3.87 Billion Memory Packaging Fab in the U.S. for HBM4 and Beyond

SK hynix this week announced plans to build its advanced memory packaging facility in West Lafayette, Indiana. The move can be considered as a milestone both for the memory maker and the U.S., as this is the first advanced memory packaging facility in the country and the company's first significant…

AnandTech

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The Simpsons Tackles Modern Labor Issues In New Episode

Explore how 'The Simpsons' addresses workers' rights in the gig economy in the upcoming episode 'Night of the Living Wage'.

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BOJ Hosts Workshop To Review Post-1990S Japanese Economy

Explore the Bank of Japan's workshop insights on Japan's economy post-1990s, focusing on low inflation, monetary policies, and structural reforms.

Latin Times

Yellen Warns China Industrial Subsidies Pose Risk To World Economy

Yellen arrived in the southern city of Guangzhou on Thursday for several days of talks with Chinese officials on her second visit to the world's second-largest economy in less than a year.

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Japan's Coincident Index Slumps, Signaling Economic Slowdown

Japan's declining coincident index raises concerns about economic slowdown and global impact.

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US Economy Expected To Add 200,000 Jobs In March

Insights on American economy's job growth, Federal Reserve's interest rate cuts, and resilience amidst inflation concerns.

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US Layoffs Surge To 14-Month High Due To Cutbacks

Recent data shows layoffs in the US at a 14-month high, driven by cutbacks in government and tech sectors, posing challenges for the job market and economy.

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Italy's State-Backed Loans Pose Restructuring Challenge

Italy's state-backed loans post-COVID pose challenges, potential defaults may strain economy.

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US Economy Predicted To Experience Moderate Slowdown In March

Recent economic indicators suggest a potential slowdown in job and wage growth in the US economy for March.

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Japan's Household Spending Declines For 12Th Consecutive Month

Japan's household spending continues to decline, posing challenges for the economy amid COVID-19 impact.

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Philippine Inflation Accelerates In March Due To Rising Rice Prices

Learn about the recent surge in inflation in the Philippines driven by rising rice prices and its potential impact on the economy and consumers.

Reason

Marco Rubio Is Wrong About Industrial Policy

Breaking down Rubio's factually flawed and logically incoherent call for more government involvement in the economy.

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