New Jersey Lawmakers Throw Governor Murphy’s Flailing Offshore Wind Agenda an Economic Lifeline
TRENTON, N.J. — A proposed bill in the New Jersey Legislature would create a new tax credit program aimed at supporting manufacturers and clean energy product manufacturers, allocating up to $500 million…
NY Fed finds modest economic impact from restart of student loan payments
By Michael S. Derby NEW YORK (Reuters) – The resumption of student loan payments should have only a modest impact on U.S. consumer spending levels, the Federal Reserve Bank of New York…
Japan ruling LDP offers proposals for Kishida’s economic package, but no income tax cuts
TOKYO (Reuters) – Lawmakers from Japan’s ruling Liberal Democratic Party (LDP) gave a list of proposals to Prime Minister Fumio Kishida’s cabinet for possible inclusion in an economic package to help people…
Former Jackson Police Officer Pleads Guilty to Submitting False Covid-19 Economic Injury Disaster Loan Application
Jackson, Miss. – A Jackson man pleaded guilty to wire fraud in connection with his submission of a false COVID-19 Economic Injury Disaster Loan (EIDL) application. According to court documents, Wesley Murray,…
Yellen: Too early to speculate on economic consequences from Israel conflict
LONDON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Monday it was too early to speculate on the economic consequences of the Israeli-Palestinian conflict, and that the impact would depend on…
Yellen, China’s top central banker talk about debt, economic developments -US Treasury
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen and People’s Bank of China Governor Pan Gongsheng on Friday held a “substantive and productive” meeting that covered debt, financial architecture and future…
Most Japanese firms expect China’s economic slowdown to persist into 2025 – Reuters poll
By Tim Kelly TOKYO (Reuters) – Most Japanese companies expect a slowdown in China’s economy to persist into 2025, with nearly two thirds of firms that operate there looking to shift some…
Italian companies see bleaker economic outlook-central bank survey
MILAN (Reuters) – Italian companies’ views on the prospects for the economy darkened markedly in the third quarter, the Bank of Italy said in its quarterly survey on Tuesday, hit by uncertainty…
IMF raises Ukraine’s economic growth outlook to 2% in 2023
KYIV (Reuters) – The International Monetary Fund has revised its forecast for Ukraine’s economic growth this year up to 2%, and expects its gross domestic product to increase by 3.2% in 2024,…
Middle East conflict adds new risks to global economic outlook
By Howard Schneider and Ann Saphir DALLAS (Reuters) – The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow…
Gaza unrest sends message about economic misery under Israeli blockade
By Nidal al-Mughrabi GAZA (Reuters) – Weeks of violent protests by young men in Gaza have sent a message about the dire financial squeeze in the Israeli-blockaded enclave, economists and even some…
Biden’s Economic Approval Dives To Lowest Point Of His Presidency: POLL
Biden’s Economic Approval Dives To Lowest Point Of His Presidency: POLL Jake Smith on October 2, 2023 President Joe Biden’s economic approval ratings have hit an all time low as his administration…
Factbox-U.S. economic data set to be affected by a gov’t shutdown
(Reuters) – A partial shutdown of the U.S. federal government due to lack of appropriations could begin on Oct. 1 and would mean key agencies involved in the collection and publication of…
US poor face economic hit as shutdown, childcare cliff, student loans converge
By Andrea Shalal WASHINGTON – Lower income households and Black and Latino communities will be hit hard when a confluence of U.S. economic events kick off next week, including a sharp drop…
IMF says Argentina spending splurge sharpens economic challenge
By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund said on Thursday recent policy moves by Argentina’s government, including wide-ranging tax breaks for individuals and sectors, were aggravating the country’s…
Japan maintains modest economic recovery view, raises corp profits assessment
TOKYO (Reuters) – Japan retained its view of a modest recovery in the world’s third-biggest economy, but upgraded its assessment of corporate earnings for the first time since March 2022 even as…
Exclusive-German economic institutes forecast 0.6% GDP contraction this year – sources
By Christian Kraemer and Rene Wagner BERLIN (Reuters) – Five economic institutes are predicting gross domestic product in Germany to contract by 0.6% in 2023, two sources told Reuters on Tuesday. For…
Lack of momentum to weigh on German economic growth in 2024 – IMK institute
BERLIN (Reuters) – Germany’s economy will grow more slowly than previously expected next year due to a lack of positive momentum towards the end of this year, the IMK institute said in…
EJ ANTONI: There’s No Economic Fact Too Big For Democrats To Ignore
EJ ANTONI: There’s No Economic Fact Too Big For Democrats To Ignore E.J. Antoni on September 24, 2023 On September 19, I testified before a House subcommittee on the impacts of Bidenomics…
US Treasury launches US-China economic, financial working groups
By David Lawder WASHINGTON (Reuters) – The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing a regular…
India says rising oil prices a concern, but economic outlook ‘bright’
NEW DELHI (Reuters) – Rising oil prices are a concern for the Indian economy but its outlook remains bright after better September monsoons and a retreat in the prices of some key…
New Jersey’s Economic Powerhouses: Top Industries Driving the Garden State
New Jersey might be small in size, but it’s a giant when it comes to economic diversity and dynamism. The state is home to a richly diverse population, with a third of…
China, EU to hold high-level economic and trade dialogue in Beijing
BEIJING (Reuters) – The 10th China-EU High-Level Economic and Trade Dialogue will be held in Beijing on Sept. 25, the Chinese commerce ministry said on Thursday. (Reporting by Beijing Newsroom; Editing by…
Japan to pull together pillars of economic package early next week, says PM
(Reuters) – Japan’s Prime Minister Fumio Kishida said on Thursday he will instruct his government to pull together the pillars of an economic package early next week under his new cabinet. Speaking…
Swiss expect economic growth ‘significantly below average’ in 2023 and 2024
ZURICH (Reuters) – Switzerland’s economy is expected to grow by 1.3% this year, the government said on Wednesday, significantly below the country’s long-term average as industry struggles with weak demand abroad and…
Brazil’s economic activity at start of third quarter beats expectations
BRASILIA (Reuters) – The Brazilian economy kicked off the third quarter with a stronger-than-expected pace, bolstering recent upward revisions in the country’s GDP growth forecast for 2023. The IBC-Br economic activity index,…
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