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The Latest Breaking News from Economy

Scots could be £10k better off with 'independence prize of higher living standards'

SCOTS could enjoy higher living standards of countries such as Denmark, Finland and Ireland under independence, the First Minister will say.

The National (Scotland)

Trump's Ad Claims on Economy Contain Misleading Information: Fact Check

Fact-checking Trump's ad on Biden's economy: gas prices, take-home pay, and mortgage rates. Unveiling the truth behind the claims in a creative perspective.

Top News

Why is Somalia so angry about Ethiopia’s new Red Sea port deal?

Ethiopia’s economy has struggled with no sea access, and an agreement to use a Somaliland port has upset its neighbour.

Al Jazeera

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Voices: Biden’s case for 2024: Dollars, Dobbs and democracy

Joe Biden hopes to make a positive argument for his presidency: defending abortion rights, democracy and growing a strong economy. Will it be enough?

The Independent UK

Biden's economic guru insists both Wall Street and Main Street can celebrate another strong jobs report as the market yawns

“At the end of the day, this idea that what's good for Main Street is bad for Wall Street is not really correct,” Jared Bernstein, chair of the Council of Economic Advisers, told Fortune.

Fortune

China’s global travel rebound didn’t happen in 2023. But analysts still predict ‘out of the park’ growth in outbound travel this year

China ended its system of quarantine almost a year ago, but Chinese tourists largely stayed home rather than embark overseas.

Fortune

Tamil Nadu continues to be the second largest State economy: Finance Minister

Ahead of the Global Investors’ Meet, Finance Minister Thangam Thennarasu dismissed claims that Uttar Pradesh had overtaken Tamil Nadu as the second largest State economy

The Hindu

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December Jobs Growth Comes in Hot: What the Experts Are Saying

A stronger-than-expected jobs report clouds the picture for interest rate cuts.

Kiplinger

Consumer confidence is rising amid gloomy economic news – here's what that means and why it matters

People’s confidence in the UK’s economic outlook improved towards the end of 2023, despite continuing to battle a cost-of-living crisis. Although it has strengthened over the year to December, “consumer sentiment” as this confidence is called, is still in negative territory.

The Conversation

Hotter than expected jobs report boosts confidence in economy

The final jobs report of 2023 exceeded expectations, with 216,000 jobs added in December. While this indicates a strong labor market, there are cooling tre...

Top News

Strong Jobs Report Fuels Hopes Of Soft Landing

The U.S. economy generated 216,000 jobs in December 2023, outpacing expectations and sending a strong signal of a safe landing.

International Business Times

US Hiring Exceeds Expectations In December

US job growth surged unexpectedly in December, government data showed Friday, wrapping up a solid year for the labor market even as voters remain gloomy about the economy ahead of November's presidential election.

International Business Times

Jobs report surpasses expectations with 216,000 new jobs added in December

Inflation easing has not tempered a hot labour market as President Joe Biden prepares to make the economy a central point of his re-election campaign

The Independent UK

Boom! US Economy Surges, Adding Strong 216K Jobs in December

Get ready to be surprised! US employers defy expectations with a whopping 216,000 job additions in December, showcasing unstoppable economic strength.

Top News

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Brazil's Debt-to-GDP Ratio Climbs to 73.8%

Brazil's economy plays a budget tightrope, with the public sector gross debt reaching 73.8% of GDP in November. Can they dance their way to financial stabi...

Chicago Sun-Times

Economy looking up, but Americans are feeling down

The larger impact of the pandemic goes well beyond prices. It has damaged our national confidence, our ability to believe in the future.

International Business Times

Chinese President Xi Jinping Sees A Resilient Economy – Numbers Point Otherwise

The leader is optimistic about the country's economy, but economic numbers do not support this optimism.

The Guardian - UK

Global finances: what does 2024 hold in store for major economies and markets?

From a potential roaring 20s in the markets to recession fears in the UK, here’s our look ahead to the year in finance

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The Independent UK

UN economic forecast cites conflicts, sluggish trade, high interest and climate disasters

The United Nations has issued a somber global economic forecast for 2024, pointing to challenges from escalating conflicts, sluggish global trade, persistently high interest rates and increasing climate disasters

The Hindu

Indian economy outperforming peers; projected to grow at 6.2% in 2024: United Nations

“India is projected to grow at 6.2% in 2024, supported by robust domestic demand and strong growth in the manufacturing and services sectors,” the United Nations has said. The UN World Economic Situation and Prospects (WESP) 2024 report, launched on January 4, said that gross domestic product in South Asia…

Top News

Governor Haley's Plan to Revamp Economy and Address Slavery History

Join Molly Hohner's quirky interview with Governor Haley as they discuss the economy, taxes, slavery, and the importance of unity in leadership. A creative...

The Independent UK

Jobs report for December will likely conclude another solid year of hiring in 2023

Bringing resurgent inflation down was never expected to be so relatively pain-free

The Guardian - UK

Why is Germany’s economy struggling – and can the government fix it?

As railway staff, lorry drivers, farmers and others threaten to strike, we examine the challenges the country faces

International Business Times

US Private Sector Hiring Up More Than Expected In December

The US private sector added more jobs than anticipated in December, payroll firm ADP said Thursday, signaling a strong labor market could continue to support the economy despite higher interest rates.

The Independent UK

Week-long Tube strike could cost London economy £100m a day

‘Entire country will suffer’ if capital grinds to a halt, leading business groups tell The Independent

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