Economic News
- UK business sentiment drops,...on October 24, 2024
UK business sentiment drops, adding pressure on Reeves before budget Reuters UKLive news: PE group KKR reports record earnings as US dealmaking rebounds Financial TimesEconomists sound alarm over ‘worrying’ job cuts - latest updates The TelegraphGlobal economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – business live The GuardianUK Budget Jitters Send Private Sector Growth to 11-Month Low Bloomberg
- Jobless claims fall again as...on October 24, 2024
Jobless claims fall again as hurricane effects fade. Layoffs back to very low levels. MarketWatchUS Initial Jobless Claims Fall Back to Pre-Hurricanes Levels BloombergUS applications for jobless benefits fall, but continuing claims rise to highest level since 2021 ABC NewsUS weekly jobless claims fall; continuing claims hit highest level in three years ReutersJobless claims fall to lowest level in nearly a month Yahoo Finance
- Trump can bring down...on October 24, 2024
Trump can bring down inflation: John Paulson Fox BusinessTrump Inflation Is Being Priced In by Traders BloombergTrump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says CNBCDavid Rosenberg: Don’t believe the academics. Trump’s policies won’t be all that inflationary at all The Globe and MailTrump's Protectionist Policies Would Reignite Inflation | Opinion Newsweek
- Rachel Reeves’ “Bank...on October 24, 2024
Rachel Reeves’ “Bank Economist” Myth Busted Guido Fawkes
- EU Economy: Euro-Zone Private...on October 24, 2024
EU Economy: Euro-Zone Private Sector Fails to Grow for Second Month BloombergEurozone economic activity still in decline, PMI survey shows Financial TimesMorning Bid: PMIs take centre stage ReutersEurozone activity contracts again in October, S&P PMI surveys suggest MarketWatch
- Data shows disconnect between...on October 24, 2024
Data shows disconnect between Americans' perceived financial strain and reality AxiosView Full Coverage on Google News
- Japan's factory activity dips...on October 24, 2024
Japan's factory activity dips for 4th straight month, PMI shows ReutersJapan flash PMIs (October): Manufacturing 49.0 (prior 49.7) Services 49.3 (prior 49.6) ForexLiveJapan's business activity declines while selling price inflation rises in October S&P GlobalJapan's flash PMI numbers show fastest output decline in six months Seeking AlphaJapan’s private sector falls into contraction as PMI services plunges to 20-month low Action Forex
- Economy under the gavel -...on October 24, 2024
Economy under the gavel DAWN.comView Full Coverage on Google News
- RBNZ Thinking About Lingering...on October 24, 2024
RBNZ Thinking About Lingering Inflation Pressures, Orr Says Yahoo FinanceMacro Week 2024: Reserve Bank of New Zealand Governor Orr Forex FactoryInside Economics: Orr goes to Washington; why markets love low interest rates New Zealand HeraldOrr hints at more 'incremental' reduction in Official Cash Rate Interest.co.nzRBNZ’s Orr Wishes People Would Read Detailed ‘Record of Meeting’ BNN Bloomberg
- Heightening chance China now...on October 24, 2024
Heightening chance China now faces the prospect of a Japanese-style lost economic decade ForexLiveWill China’s Stepped-Up Stimulus Push Off Deflationary Risks? Forex FactoryGathering Clouds Over The Chinese Economy Seeking AlphaIn charts: How a slowdown in China impacts India Mint
- South Korea’s Economy Ekes...on October 24, 2024
South Korea’s Economy Ekes Out Growth as BOK Assesses Risks Yahoo FinanceSouth Korea's economy barely grows in Q3 as exports slip ReutersSouth Korea Q3 GDP expands 0.1% as consumption edges up Nikkei AsiaSouth Korea: Disappointing GDP could accelerate Bank of Korea rate cut ING ThinkEditorial: Zombie companies threaten Korea’s economy, urgent reforms needed 조선일보
- Here's What We're Looking for...on October 24, 2024
Here's What We're Looking for in the October Flash PMI Data TheStreetS&P Global PMIs show the US economy kept expanding at the beginning of Q4 FXStreetU.S. economy keeps up the momentum as holiday season approaches, S&P surveys find MarketWatchGrowth in US Business Activity Picks Up on Strength in Services BloombergUS: Robust output and sales growth reported in October as selling prices rise at slowest rate since May 2020 Forex Factory
- IMF projects stability as...on October 23, 2024
IMF projects stability as naira drops to 1,654.09/$ Punch NewspapersCBN policies helping Naira show signs of stability – IMF Premium TimesNigeria’s Resilience in Global Debt Markets Amid Economic Challenges TV360£5.7m to N121.67trn: Afe Babalola traces Nigeria’s ‘worrisome’ debts from 1923 to 2024 Freedom OnlineIMF projects Nigeria’s debt-to-GDP ratio to gradually reduce from 2025 TheCable
- India allocates up to 4.6% of...on October 23, 2024
India allocates up to 4.6% of GDP in education, higher than many in region, says Unesco The Times of IndiaUNESCO Report: India spends more on Education than China & Japan News On AIRIs India putting enough money on education? A closer look at recent trends The Economic TimesUnesco praises India for spending up to 4.6% of GDP on education FirstpostIndia education GDP allocation 2024: India's education expenditure aligns with global benchmarks India Today's Best Colleges
- BOJ chief says it is 'still...on October 23, 2024
BOJ chief says it is 'still taking time' to hit inflation goal ReutersView Full Coverage on Google News
- Kenya fulfilled all targets...on October 23, 2024
Kenya fulfilled all targets in IMF review, central bank governor says ReutersStern test as Ruto moneymen face key lenders amid slowing economy The StandardMbadi leads Treasury, CBK team to IFM/World Bank meetings The Star Kenya Govt Bows to Tight IMF Conditions Months After Finance Bill Withdrawal Kenyans.co.keIMF Board to Weigh Next Kenya Disbursement Later This Month Bloomberg
- Nigeria’s external reserve...on October 23, 2024
Nigeria’s external reserve hits $40.2bn VanguardExternal reserve hits $40bn as Nigeria target $1bn monthly inflow Daily TrustNaira Mixed as Nigeria’s Foreign Reserves Cross $39 billion MarketForces AfricaForeign Reserves Hit $40.2bn in October – CBN Economic ConfidentialExternal Reserves Grow $2.92bn in Three Months, Hit $38.9bn THISDAY Newspapers
- Jumbo rate cut in December...on October 23, 2024
Jumbo rate cut in December 'almost a given': CIBC Financial PostBank of Canada reduces policy rate by 50 basis points to 3¾% Bank of CanadaMacklem Offers Mortgage Relief With Jumbo Rate Cut BloombergBank of Canada’s interest rate announcement - Implications for the Canadian real estate market and economy Altus GroupBank of Canada slashes rates, says monetary policy has worked Reuters
- IMF forecasts Portuguese GDP...on October 23, 2024
IMF forecasts Portuguese GDP growth of 1.9% in 2024 The Portugal News
- Electricity Prices, Driven Up...on October 23, 2024
Electricity Prices, Driven Up by Mandates, Jeopardize Economic Stability Daily SignalWith electricity prices rising, groups blame slow rollout of renewables The Chesapeake Bay JournalWhy Electricity Prices Are Soaring in Blue States Heritage.orgWhy Rising Energy Prices Don't Necessarily Mean Higher Power Bills CNETWhy Is My Electric Bill So High? MarketWatch
- US economic activity little...on October 23, 2024
US economic activity little changed in recent weeks, Fed survey shows Yahoo FinanceFed’s Beige Book Shows Little Growth Across Most of US BloombergUS firms point to steady economy but see lower profit margins, Fed says ReutersFed's Beige Book reports slight labor growth in October Yahoo FinanceRegional Economy Cools a Bit: Beige Book Federal Reserve Bank of Atlanta
- Despite inflation, U.S....on October 23, 2024
Despite inflation, U.S. consumers are 5% better off than in 2019—here’s why they don’t feel that way FortuneOpinion | People Keep Making These Six Mistakes About Inflation The New York TimesAmerica’s Most Famous Inflation Gauge Is Easing — But Some of Your Biggest Expenses Are Left Out BloombergKey inflation gauge doesn't include credit card interest, property taxes New York Post
- Head NAR Cheerleader Blames...on October 23, 2024
Head NAR Cheerleader Blames the Election for Poor Existing-Home Sales Mish TalkVideo Existing home sales on track for worst year since 1995 ABC NewsExisting home sales in September fall to lowest level since 2010 Yahoo FinanceExisting-home sales sink to a 14-year low, as home buyers pull back ahead of the November election MarketWatch
- IMF 'urges' Turkey to avoid...on October 23, 2024
IMF 'urges' Turkey to avoid repeating large minimum wage hike Duvar EnglishSignificant minimum wage increases threaten inflation in Türkiye, says IMF Türkiye TodayIMF suggests Türkiye to avoid repeat of bumper minimum wage hike | Daily Sabah Daily Sabah
- Fed thinks 50 bps cut was a...on October 23, 2024
Fed thinks 50 bps cut was a mistake and more easing is unlikely, says MetLife's Drew Matus CNBC TelevisionView Full Coverage on Google News
- What will the Bank of...on October 23, 2024
What will the Bank of Canada’s rate cut mean for you? | The Current with Matt Galloway | Live Radio | CBC Listen CBC.caTrudeau Is Urged by Fellow Party Members to Step Down as Prime Minister The New York TimesJustin Trudeau faces caucus revolt by rebel MPs, told to step down by October 28 The Indian ExpressJustin Trudeau pressured to resign by backbench MPs within own party The GuardianSome Liberal lawmakers ask Canadian Prime Minister Justin Trudeau not to run for a fourth term The Associated Press
- ECB’s Lagarde stays...on October 23, 2024
ECB’s Lagarde stays cautious on rate cuts, urges competitiveness reforms EuronewsLagarde Says ECB Sees ‘Really Good Progress’ on Inflation So Far BloombergEuropean Central Bank President Lagarde speaking today. Lane, Stournaras, Cipollone also ForexLiveECB's Lagarde: We need to be cautious in cutting rates Reuters
- Most expensive province to...on October 23, 2024
Most expensive province to buy groceries in South Africa BusinessTechPrice of average food basket increases by R92.97 in October DFAFood prices must reflect economic conditions IOLThe rand is stronger and fuel is cheaper, so why is food still so expensive? News24Why food prices are still sky-high despite lower production costs Namibian
- How a 2% interest rate could...on October 23, 2024
How a 2% interest rate could impact mortgage rates BNN BloombergTime to buy? Some house hunters take a contrarian view The Globe and MailFor mortgage rates this week, it's the calm before the storm Financial PostCanadian homeowners consider switch to variable rate mortgages after big rate cut ReutersBUSINESS BEAT – Interest rates will surely come down later this month Armchair Mayor
- Jobs bloodbath in South...on October 23, 2024
Jobs bloodbath in South Africa BusinessTech
- Energy outlook 2025 -...on October 23, 2024
Energy outlook 2025 Economist Intelligence UnitGeopolitical and trade tensions force businesses to review strategies Economist Intelligence UnitKey Challenges and Opportunities Across Six Global Industries in 2025 Sri Lanka GuardianElectronics experts are discussing the future of the electronics industry today Baltic Times
- France and Italy Won’t Meet...on October 23, 2024
France and Italy Won’t Meet EU’s 3% Deficit Goal on IMF Horizon Bloomberg
- Aussie budget takes out...on October 23, 2024
Aussie budget takes out bronze medal news.com.au
Global Politics
- Liam Payne, former One Direction member, dies at 31 in Argentina hotel fallby Associated Press on October 17, 2024 at 3:00 am
- Kamala Harris' interview with Fox News' Bret Baier gets combativeby Associated Press on October 17, 2024 at 1:15 am
- Israel says 4 soldiers killed by Hezbollah drone attackby Associated Press on October 14, 2024 at 3:30 am
- Israelis mark a year since Hamas' Oct. 7 attackby Associated Press on October 7, 2024 at 5:28 am
- A look at Gaza City before and after Oct. 7, 2023by Associated Press on October 6, 2024 at 1:53 pm
- Pro-Palestinian demonstrators clash with police in Romeby Associated Press on October 5, 2024 at 7:52 pm
- Israel military video shows troops preparing to cross into Lebanonby Associated Press on October 1, 2024 at 8:11 am
- Dockworkers at US ports go on strike over wages and automationby Associated Press on October 1, 2024 at 7:14 am
- Israel begins ground offensive against Hezbollah in southern Lebanonby Associated Press on October 1, 2024 at 2:48 am
- NYC Mayor Eric Adams vows not to resign after indictmentby Associated Press on September 26, 2024 at 3:30 am
- Israeli airstrike in Gaza kills dozens, Biden hosts Quad leaders, and more | AP Top Storiesby Associated Press on September 21, 2024 at 10:58 pm
- An Israeli strike on a school kills at least 22 people, Gaza Health Ministry saysby Associated Press on September 21, 2024 at 5:40 pm
- Pagers that exploded in Lebanon and Syria were made by a company in Budapest, Gold Apollo saysby Associated Press on September 18, 2024 at 8:00 am
- Sean 'Diddy' Combs arrested in New York after federal indictmentby Associated Press on September 17, 2024 at 9:30 am
- Officials describe apparent assassination attempt on Donald Trumpby Associated Press on September 16, 2024 at 12:26 am
Market Insight
- US elections 2024: Pennsylvania’s undecided voters could sway close race between Harris and Trumpby Al Jazeera English on October 23, 2024 at 8:21 pm
- Israeli army strikes in the heart of Historic city of Tyre in Lebanon amid forced evacuationsby Al Jazeera English on October 23, 2024 at 6:06 pm
- Trump courts Latino voters as presidential race enters final two weeksby Al Jazeera English on October 23, 2024 at 4:31 am
- UK prisoner release more inmates sent home early to tackle overcrowdingby Al Jazeera English on October 22, 2024 at 9:00 pm
- Blinken arrives in Israel amid missiles in bid to revive ceasefire pushby Al Jazeera English on October 22, 2024 at 5:35 pm
- Lebanon: Deadly Israeli strike hits close to Beirut’s main hospitalby Al Jazeera English on October 22, 2024 at 4:11 pm
- ‘Smell of death everywhere’: Israel kills dozens, blocks aid to north Gazaby Al Jazeera English on October 22, 2024 at 2:14 pm
- Push to win battleground states: US presidential candidates target moderate votersby Al Jazeera English on October 22, 2024 at 6:30 am
- London police officer who fatally shot Chris Kaba acquitted of murderby Al Jazeera English on October 22, 2024 at 5:15 am
- US election 2024: Legal experts question Elon Musk’s planned cash giveawaysby Al Jazeera English on October 22, 2024 at 4:17 am
- Police in Mozambique disperse opposition protest after disputed electionby Al Jazeera English on October 22, 2024 at 3:55 am
- BRICS summit 2024: Russia takes over chairmanship of blocby Al Jazeera English on October 21, 2024 at 9:33 pm
- The aftermath of Israeli attack on Hezbollah-linked finance group in eastern Lebanonby Al Jazeera English on October 21, 2024 at 9:24 pm
- Israel bombs Hezbollah-linked finance group in Lebanonby Al Jazeera English on October 21, 2024 at 6:02 pm
- ‘Genocide unfolding’: 640 Palestinians killed in north Gaza in 17 daysby Al Jazeera English on October 21, 2024 at 4:37 pm