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The Latest Breaking News from Economy

Wages in Japan continue downward spiral for 20th consecutive month

Japan's economy continues to face challenges as November's real wages decrease for the 20th consecutive month, highlighting the ongoing struggle for workers.

Top News

New US Labor Rule May Help Gig Workers Qualify As Employees

A rule issued Tuesday by the US Labor Department making it tougher for companies to classify workers as "independent contractors" could take a toll on the gig economy -- and is likely to face challenges.

International Business Times

Good growth, low demand: On the NSO projection

While the NSO has made bold to project real GDP growth marginally quickening, sectoral output figures and demand data show an economy still searching for durable drivers of consumption-led growth

The Hindu

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Year in review 2023, part one

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

Investor confidence: On the two-day Tamil Nadu Global Investors Meet, GIM 2024

The aspiration to make Tamil Nadu a trillion dollar economy by 2030 needs to be matched with action

The Hindu

Trump says he doesn't "want to be Herbert Hoover" and says he hopes economy crashes in next 12 months

Former president made the comments on network owned by MyPillow founder Mike Lindell.

Fortune

3 China Stocks to Add to Your 2024 Portfolio

With projections indicating an optimistic outlook for the Chinese economy this year, three China stocks, Weibo Corp (WB), Leju Holdings (LEJU), and Xunlei Limited (XNET), could be worth adding to your investment portfolio this year. Read more….

StockNews.com

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These 2 Air Transport Stocks Could Be in for Some Sky-High Profits

A strengthening economy, which should come into play in 2024 as the result of a cessation of interest rate increases, and eventual cuts, should benefit not only cash strapped small businesses, but the consumer as well. And if there is one thing a consumer does in the U.S. it’s spend…

StockNews.com

China: Xi's new year's address wasn't a threat against Taiwan – it was a strategic move for legitimacy

In his new year address, Chinese president Xi Jinping claimed that Taiwan would “surely be reunified” with China. Against the backdrop of increased Chinese military posturing in the Taiwan Strait, some western journalists are framing Xi’s remarks as an overt and direct threat against Taiwan. They argue that Xi’s rhetoric…

The Conversation

Will President Xi’s Corruption Crackdown Worsen Sentiment Toward Chinese Stocks?

Chinese President Xi Jinping has vowed to deepen an anti-corruption campaign against several sectors of the economy, a move that risks hurting market sentiment, hampering China’s economic recovery, and further driving away foreign investors. On Monday, President Xi singled out the finance, energy, pharmaceutical, and infrastructure sectors and state-owned enterprises...

Barchart

"Not only is the quality of life getting lower, but our politics and economy are volatile". Gen And The Degenerates tackle uncertain futures on dystopian new single Kids Wanna Dance

Gen And The Degenerates share defiant new track Kids Wanna Dance, lifted from upcoming debut album Anti-Fun Propaganda

Louder

Mining Investments Crucial for Mongolia's GDP Growth: Finance Minister

Discover the financial ambitions of Mongolia as they strive to attract mining investments to boost their economy and meet their GDP targets.

Top News

Trump wants economy to crash — this year

He wants Americans to "lose their jobs. He wants them to lose their savings," says MSNBC host Joe Scarborough

Salon

The stage-three tax cuts are politics over policy – and no way to save our struggling economy

If Anthony Albanese is determined to forge ahead with the Coalition’s fiscal booby trap, any political capital must be used on genuine redistributive tax reform

The Guardian - AU

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The Independent UK

Global economy will slow for a third straight year in 2024, World Bank predicts

Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024

The Guardian - UK

Risk of financial ‘wasted decade’ for poor countries, World Bank warns

Global economy set to slow for third year in 2024, with poor countries especially hard hit, body says

Top News

Inflation Surges in Mexico, Core Rate Shows Some Relaxation

Mexico's economy sees a slight rise in headline inflation for December, while the core rate softens. A delicate balance to keep an eye on.

Evening Standard

‘Ghost strike’ will still take a toll on London business

City Comment: At a time when London’s economy needs more than ever to be firing on all cylinders this corrosive brinkmanship needs to be brought to an end

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The Independent UK

Trump says he hopes the US economy crashes this year for his own benefit

Republican insists Joe Biden’s success amounts to ‘running off the fumes of what we did’

Fortune

Optimism among CFOs about economic conditions declines, but they remain confident about harnessing tech for long-term gains

Interest rates, the macroeconomic economy, and geopolitics are CFOs' top three concerns, according to Deloitte's new analysis.

Fortune

Wharton’s Jeremy Siegel says the U.S. economy is at a perfect ‘Goldilocks pace’—neither too strong nor too weak to spook the Fed or markets

"Everyone is focused on how many rate cuts are priced ... and how we need six cuts to have a good 2024. I totally disagree with that."

Top News

Spicy Food Costs Push India's Dec Inflation to 5.87%

India's inflation rises to 5.87% fueled by surging food prices, posing challenges for the country's economy. Find out more in this Reuters poll analysis.

Top News

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

China's New Yuan Loans Skyrocket, Smashing Records in 2023!

China's new yuan loans are anticipated to soar in December, reaching a record high in 2023, as the country continues to drive its booming economy forward. ...

The Hindu

Gujarat has set target to become $500 billion economy by 2026-27: CM Patel

Gujarat is set to host the Vibrant Gujarat Global Summit 2024, which will be inaugurated by Prime Minister Narendra Modi on Wednesday.

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