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The Latest Breaking News from Economy

US Fed Official Predicts Higher Long-term Interest Rates

A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.

International Business Times

Eurozone Factory Downturn Deepens In March, Recovery Signs

Eurozone's PMI data for March shows manufacturing contraction but hints at recovery, offering hope for the economy.

Top News

London is losing out on new job listings for head office staff

Even as the economy recovers, London’s soaring living cost remains a challenge to attract and retain young professionals

Evening Standard

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Economy and Society April 2, 2024: Mississippi issues cease and desist order to BlackRock, warns of potential finesEconomy and Society April 2, 2024:

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

China Opposes US Trade Barriers, Lists As Primary Concern

China disputes US report on trade barriers, highlighting progress in opening economy. Ongoing tensions in trade negotiations.

Top News

Australia faces postwar-style reconstruction to reach net zero target, Greg Combet says

‘Pipeline’ of clean projects being assembled, according to head of agency charged with multibillion-dollar transformation

The Guardian - AU

Io Capitano review – chilling indictment of the refugee exploitation economy

Two teenage boys star in Matteo Garrone’s passionate exposé of how greed, trauma and corruption drive the modern-day slave trade in would-be migrants

The Guardian - UK

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Swedish Central Bank Proposes Billion Capital Injection

Swedish central bank proposes billion capital injection to boost post-pandemic economy and support businesses and individuals affected by the crisis.

Top News

Citadel's Griffin Predicts Challenging US Economic Landscape, Favors Fixed Income

Kenneth Griffin of Citadel anticipates challenges in the US economy, favoring fixed income investments. Stay informed and vigilant in response to evolving ...

Top News

Thailand Welcomes 9.4 Million Tourists, .4 Billion Spending

Thailand's tourism booms with 9.4 million visitors and .4 billion spending in the first quarter, boosting the economy and various sectors.

Top News

Hong Kong Rally Leads Asian Markets, Traders Assess Fed Rate Plans

Hong Kong led most Asian markets higher Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world's number-two economy.

International Business Times

Investors are unwinding ‘buy India, sell China’ stocks trade

The Times of India

Thailand’s economy stumbles as Philippines, Vietnam, Indonesia race ahead

Thai economy is falling far behind its Southeast Asian peers amid growing middle-income trap fears.

Al Jazeera

The PMLA — a law that has lost its way

The raison d’etre of the PMLA is the crime of the laundering of a huge volume of black money generated from the international drug trade and the spectre of destabilisation of the world economy

The Hindu

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Top News

President Biden Optimistic About Economy And Voter Engagement In 2024

President Biden and First Lady Jill Biden express optimism for the 2024 election amidst mixed voter sentiments on the economy and key election issues.

International Business Times

Bitcoin And S&P 500 Are The Big Winners Of The First Quarter, Despite Higher Bond Yields — What Is Next?

The digital currency ended the quarter hovering around $70,000, up 65%, on solid buying from spot ETFs launched by Wall Street financial powerhouses and the prospect of a tighter supply on the upcoming halving in April.

WEKU

How anti-vaccine activists and the far right are trying to build a parallel economy

Due to fears of "cancellation," alternative technology and financial platforms are being built for the so-called freedom economy by figures on the far right, including those with antisemitic beliefs.

The Guardian - UK

Conservatism’s biggest failure is the despair it has created about Britain’s future

Fantasies about British exceptionalism have brought the UK to the brink of collapse. We need a new, realistic vision, says author and journalist Will Hutton

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Top News

Japan Finance Minister Concerned About Speculative Yen Movements

Learn about the impact of speculative moves on the yen's volatility and Japan's economy.

Top News

Asian Factory Weakness Dampens China's Economic Rebound

China's economic recovery faces challenges as Asian factories struggle, impacting global economic outlook.

Top News

Indonesia's March Inflation Rate Reaches 7-Month High

Learn about Indonesia's economy facing challenges with rising inflation and its implications on the population and economic growth.

The Guardian - US

Engineers begin removing Baltimore Key Bridge’s mangled wreckage

Crew starts intricate removal work on Francis Scott Key Bridge as officials stress that health of US national economy depends on it

The Guardian - UK

The UK is trapped in a cycle of political, social and financial turmoil. But there is a way out…

The Conservatives’ pernicious reign, defined by a toxic belief in self-organising markets, has brought Britain to its knees. But we now have an opportunity to turn things around

Al Jazeera

What is the economic cost of Baltimore’s Key Bridge collapse?

The Baltimore port’s closure could cost the economy $15m per day while insurers face up to $3bn in claims.

Top News

Francis Scott Key Bridge Collapse: Legal, Economic, Insurance Impacts

Learn about the aftermath of the Francis Scott Key Bridge collapse in Maryland, impacting the economy, legal proceedings, and insurance coverage.

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