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The Latest Breaking News from Economy

Tokyo Inflation Slows, Output Declines Impact BOJ Rate Hike

Tokyo's economic challenges prompt concerns about BOJ's interest rate decisions and impact on Japan's economy. BOJ's response crucial for stability and growth.

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Vietnam Economy Grows 5.66% In Q1 With Export Boom

Vietnam's economy grew by 5.66% in Q1, driven by strong exports and diverse industries, positioning for continued success.

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Crude Rallies on Stronger-Than-Expected US Economic Reports

May WTI crude oil (CLK24 ) on Thursday closed up +1.82 (+2.24%), and May RBOB gasoline (RBK24 ) closed up +4.87 (+1.82%). Crude and gasoline prices Thursday settled moderately higher, with crude posting a 1-week high. Thursday's stronger-than-expected US economic reports signaled strength in the economy that was bullish for...

Barchart

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Jobs outlook bleak: On the ‘The India Employment Report 2024’

With the general election process underway, politicians have their task cut out to ensure jobs and the quality of education and training for a technologically evolving economy are accorded primacy

The Hindu

Milei To Slash 70,000 Government Jobs To Reform Argentina's Economy

The cuts are part of the president's broader strategy to achieve fiscal balance at any cost.

Reason

Manufacturers' time to shine as nation reindustrialises

It's hoped a billion-dollar investment in solar panel manufacturing will usher in a new age of industrialisation for the Australian economy.

AAP

Crude Rallies on Strength in the US Economy

May WTI crude oil (CLK24 ) this morning is up +1.23 (+1.51%), and May RBOB gasoline (RBK24 ) is up +2.94 (+1.10%). Crude and gasoline prices this morning are moderately higher, with crude climbing to a 1-week high. Today's mostly stronger-than-expected US economic reports signal strength in the economy that...

Barchart

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US Economy Grew At 3.4% Annual Pace In Q4

U.S. economy grew by 3.4% in Q4 2023, driven by consumer spending and business investments, with inflation moderating.

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US Unemployment Claims Fall, Economy Grows Stronger

Labor Department report shows slight decrease in jobless claims, indicating strong labor market and high job security.

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US Fourth-Quarter GDP Growth Revised Higher, Strong Labor Market

US economy shows resilience with higher Q4 growth rate and strong labor market performance.

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Canada's GDP Rebounds, Expected To Increase In February

Canada's GDP shows signs of recovery with a projected 0.4% increase in February, indicating economic progress.

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S&P Affirms United States Sovereign Ratings On Economic Resilience

S&P affirms U.S. sovereign ratings at 'AA+/A-1+'. Confidence in economic resilience and stability.

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Fed Implements Tricky Soft-Landing Strategy In Market

Learn how the Federal Reserve is strategically managing bank reserves to achieve a soft landing in the market and balance economic growth with inflation co...

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Why UK recession may be deeper than two quarters of falling GDP suggest

Greater fall per head and latest trade data illustrate longer term decline of economy

The Guardian - UK

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France's Efforts To Reduce Unemployment Benefits Explained

France is reforming its unemployment benefits system to reduce costs, incentivize job seekers, and boost the economy.

The Hindu

Siddaramaiah failed to manage economy of Karnataka, alleges MLC

Chief Minister Siddaramaiah has failed to manage the economy of Karnataka, BJP MLC Pratap Simha Nayak alleged here on Thursday.

Evening Standard

Rishi Sunak to call general election for November 14 or 21, suggests Cabinet minister Michael Gove

As William Hague says most Tories back an autumn election

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Japan Considers Currency Moves, Government Spokesman Says

Japan's government considers options to address yen's strength and its impact on the economy.

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China's Economy To Drive Global Recovery

China's economy, driven by innovation and sustainability, poised to lead global recovery post-pandemic. Insights from Boao Forum for Asia Annual Conference...

Reason

Most Americans Aren't Buying Biden's Misleading Narrative That the Economy Is Getting Better

The question of how best to measure inflation has no single and straightforward answer, but most people know that the president's economic claims aren't true.

PC Gamer

Economy class will be slightly less punishing if you fly on an aircraft with Panasonic's Astrova in-flight entertainment system

Now, about those seats...

AAP

Solar largesse shines on coal industry in sunset

Australia's former fossil fuel hubs could play a significant role in the nation's energy transition as the government makes a major manufacturing commitment.

The Guardian - AU

Australia’s economy has become a young people-screwing machine. So how do we unscrew ourselves?

Millennials and younger generations are on the brink of outnumbering older cohorts as the largest voting bloc. Living in a democracy affords us the power to change the system

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Global Crisis: Baltimore's Key Bridge Collapse Threatens Global Economy

The collapse of Baltimore's Key Bridge raises concerns about its impact on global trade and the economy, particularly through the Port of Baltimore.

Al Jazeera

Is the US media layoffs phenomenon the next housing crisis?

The media sector’s challenges amplify shadow banks’ toll on the US economy and mirror the 2008 housing crisis.

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