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The Latest Breaking News from Economy

Canada prepares for potential surge in business bankruptcies

Discover how Canada is preparing for a potential surge in business bankruptcies and its impact on the economy. Stay informed on the latest developments.

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Canadian Factory PMI Rebounds, Confidence at 6-Month High

The Canadian factory manufacturing PMI shows a strong rebound and records a 6-month high in confidence, indicating positive trends in the country's economy.

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Central Banks Shift Policy: Rate Cuts on the Horizon

Learn why big central banks around the world are shifting their policies towards rate cuts and how this decision may impact the global economy.

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From analysis to the latest developments in health,
read the most diverse news in one place.

The AfD's Impact on Germany's Economy: A Closer Look

Learn about the far-right political party in Germany, the AfD, and its impact on the country's economy, as well as how it aims to turn back the clock.

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What the Finance Minister’s budget speech tells us – and what it doesn’t

Finance Minister Nirmala Sitharaman presented her sixth budget today. It was an interim budget, with the full budget being due once the next government is elected after the Lok Sabha polls, which should happen in April and May.

Newslaundry

Chile's December Economic Activity Disappoints with Unexpected Drop

Chile's economic activity disappoints as it sees a drop in December, defying earlier estimates. Find out more about the country's economic performance.

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Honourable mention for bioeconomy in Interim Budget, with trillion-dollar potential in mind

Budget 2024: Finance minister Nirmala Sitharaman announced a new bio-manufacturing scheme in the 2024-2024 Interim Budget to boost India's bio-economy, but budget cuts may hinder progress.

The Hindu

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EU Leaders Seal Deal for Billion Support Package for Ukraine

The leaders of the 27 EU countries have reached a deal to provide Ukraine with a billion support package for its economy, overcoming threats of a veto ...

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Inflation in Europe Eases, Boosting Speculation of Rate Cuts

Inflation in Europe eases to 2.8% in January, fueling speculation of interest rate cuts. The decline offers hope for a stagnant economy.

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India budget 2024: What does it say about the economy, elections?

The Modi government has snipped its food subsidy bill while also lowering its fiscal deficit target.

Al Jazeera

With UK PM under pressure, is Labour on track for a landslide election win?

Polling suggests a huge defeat for the Conservatives later this year. Professor Tim Bale says it’s too early to predict.

Al Jazeera

Union Budget | Indian economy witnessed profound positive transformation in last 10 years, says FM Nirmala Sitharaman

FM Nirmala Sitharaman Budget 2024 Speech: Indian economy witnesses positive transformation, projected to become third largest in the world with a GDP of $5 trillion

The Hindu

IMF Authorizes $4.7 Bn For Argentina After Milei's 'Bold' Reforms

The International Monetary Fund on Wednesday approved a fresh $4.7 billion for Argentina, praising the new administration of President Javier Milei as he enacts "bold" cost-cutting to bring the country's ailing economy back on track.

International Business Times

Cuba Delays 500% Fuel Price Hike Over 'Cybersecurity' Incident

Cuba's government on Wednesday delayed a planned 500 percent surge in the fuel price after a "cybersecurity incident," an economy ministry official said.

International Business Times

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Former Treasury Secretary Steven Mnuchin endorses President Trump for 2024

Former Treasury Secretary Steven Mnuchin discusses his thoughts on the current situation with Iran, the state of the US economy, and why he is endorsing fo...

International Business Times

Argentina Lawmakers Debate Milei's Hefty Reform Package

Argentina's lower house of Congress on Wednesday began what is expected to be a marathon debate on President Javier Milei's mega-bill to reform the economy, politics and even some aspects of private life.

Kiplinger

Fed Holds Rates Steady, Pushes Back on Cuts: What the Experts Are Saying

The Fed is in no hurry to bring interest rates down from a 23-year high.

Top News

Federal Reserve holds rates steady, pushes back on rate cut expectations

Discover the latest decision by the Federal Reserve on interest rates. Gain insights into their stance on rate cuts and the current state of the economy. S...

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WEKU

The Federal Reserve holds interest rates steady but signals rate cuts may be coming

The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.

The Hindu

Modi government has lost the plot on structural reforms: P. Chidambaram

The Union government, led by Prime Minister Narendra Modi, has not carried out any structural reforms, its boast about India becoming a $5-trillion economy soon is misleading, and the government’s economic growth figures are suspect, says former Union Finance Minister P. Chidambaram. Edited excerpts:

International Business Times

UK Opposition Labour Courts Business Before Election

With a UK general election looming, the country's main opposition Labour party is starting to persuade business and financial sector leaders that it can be trusted to grow the economy.

InsideEVs

'Unfathomable': Judge Fires Elon Musk's $55B Pay Package Into The Sun

Plus, more on why General Motors is embracing hybrids again, and Volkswagen starts an AI lab.

Top News

IMF Raises India's Growth Forecast to 6.5% for Next Year

The IMF has raised India's growth forecast to 6.5% for the next financial year, reflecting a positive outlook for the country's economic recovery.

International Business Times

US Private Sector Job Gains Slow In January As Labor Market Cools

Private sector hiring in the United States slowed more than anticipated this month, according to data Wednesday from payroll firm ADP, following efforts to cool the world's biggest economy and tame inflation.

Evening Standard

Sadiq Khan slams Home Office visa changes as 'damaging economic policies' for London

'We should support skilled workers who want to come here and fill roles,' the Mayor says

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