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…
Argentina government expects economic rebound, inflation slowdown in 2024
BUENOS AIRES (Reuters) – Argentina’s economy is expected to grow 2.7% in 2024 after contracting 2.5% this year, according to a budget proposal sent by the economy ministry to Congress late on…
Biden weighed by economic concerns, age in potential 2024 rematch with Trump -Reuters/Ipsos poll
By Jason Lange and James Oliphant WASHINGTON (Reuters) – U.S. President Joe Biden’s chances of re-election are being jeopardized by voters’ concerns over his age, the economy and crime, according to a…
Thai PM to unveil new policies to match economic challenges
By Panarat Thepgumpanat and Panu Wongcha-um BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin on Tuesday said his cabinet would this week issue a raft of policies to lower the cost of…
German economic weakness belies France’s outperformance
By Leigh Thomas PARIS (Reuters) – Germany’s economic weakness is casting a flattering light on France’s relative resilience that belies the otherwise middling performance of the euro zone’s second-biggest economy, economists say.…
China economic woes could raise Taiwan risks, says US House committee chair
By Michael Martina WASHINGTON (Reuters) – China’s economic slowdown could increase the risk of Beijing taking military action toward Taiwan, the Republican chair of a U.S. congressional committee on China said on…
Treasury’s Adeyemo, in New York, says tackling rural economic inequality essential
By Andrea Shalal (Reuters) – Reversing a significant rise in inequality in the United States over the last four decades is essential to boosting overall economic growth, Deputy Treasury Secretary Wally Adeyemo…
EJ ANTONI: Biden Loves Vacations. His Economic Policies Mean Most Americans Can’t Afford One
EJ ANTONI: Biden Loves Vacations. His Economic Policies Mean Most Americans Can’t Afford One E.J. Antoni on September 10, 2023 The middle class is demonstrably worse off under President Joe Biden, but…
Malaysia targets at least 5% economic growth annually until 2025 – PM
KUALA LUMPUR (Reuters) – Malaysia is aiming for economic growth of at least 5% annually until 2025, lower than the Southeast Asian nation’s previous target, Prime Minister Anwar Ibrahim said on Monday.…
Kremlin says Laos will be top guest at economic forum, no word on Kim Jong Un
MOSCOW (Reuters) – Russia said on Saturday the top foreign guest at an economic forum in Vladivostok next week would be the vice president of Laos, and that it had “nothing to…
China July-Aug economic losses from disasters double from first six months
By Ethan Wang and Ryan Woo BEIJING (Reuters) – China’s direct economic losses from natural disasters in July to August ballooned to 75.37 billion yuan ($10.31 billion), nearly double of losses in…
Turkey’s economic team in Russia as Erdogan meets Putin – source
ANKARA (Reuters) – Turkey’s top economic policymakers are visiting Russia for meetings on Monday, a source said, travelling along with President Tayyip Erdogan who will meet Kremlin chief Vladimir Putin to discuss…
Analysis-Part of China’s economic miracle was a mirage. Reality check is next
By Joe Cash BEIJING (Reuters) – Chinese President Xi Jinping’s first major reform plans a decade ago were also his boldest, envisaging a transition to a Western-style free market economy driven by…
China’s economic woes may be behind Japan backlash -Suntory CEO
By Mayu Sakoda and Yukiko Toyoda TOKYO (Reuters) – China’s economy is in a “extremely difficult” situation, which may be contributing to a rising backlash against Japan over the release of treated…
Thailand’s economic recovery on track but exports weigh
BANGKOK (Reuters) – Thailand’s economic recovery remained on track in July as private spending increased and the tourism sector expanded on higher foreign tourist arrivals, while exports declined, the central bank said…
Euro zone Aug economic sentiment weaker than expected
BRUSSELS (Reuters) – Euro zone economic sentiment was weaker than expected in August, continuing a steady decline since the start of the year and inflation expectations among consumers rose, reversing a four-month…
US auto sales hint slowdown as economic woes weigh – S&P Global Mobility
(Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing early signs of a slowdown, S&P Global Mobility said on Monday. “Rising interest rates, credit tightening and new…
BOJ Ueda says China’s slowdown adds to economic uncertainty
TOKYO (Reuters) – Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a disappointment that could cloud Japan’s economic outlook, according to a text of…
Analysis-Investors see long wait for enlarged BRICS’ economic boon
By Rachel Savage and Karin Strohecker JOHANNESBURG/LONDON (Reuters) – The expansion of the BRICS group of developing countries could provide a lifeline to capital-starved new entrants Iran and Argentina, but investors and…
US economic activity picked up in July – Chicago Fed
NEW YORK (Reuters) – U.S. economic activity picked up pace last month as gauges of production and personal consumption improved, according to the Federal Reserve Bank of Chicago on Thursday. The bank’s…
China’s ban on Japanese seafood has more political than economic heft
By Katya Golubkova and Dominique Patton TOKYO/BEIJING (Reuters) – China may be Japan’s top seafood export market but marine products make up less than 1% of Tokyo’s global trade, which is dominated…
Argentina’s economic activity down 4.4% in June as agriculture plunges
BUENOS AIRES (Reuters) – Argentina’s economic activity fell 4.4% in June from a year earlier, the country’s official statistics agency said on Wednesday, below the expectations of a Refinitiv poll of a…
White House wants to cut delay before government comments on economic data
By David Shepardson and David Lawder WASHINGTON (Reuters) – The White House said Wednesday it is proposing to cut in half the delay before executive branch officials can comment on leading economic…
Kuwait’s economic recovery faces ‘substantial’ risks – IMF
DUBAI (Reuters) – Kuwait’s economic recovery is ongoing but risks to the oil producer’s outlook “remain substantial” and gridlock between the government and parliament continues to delay reforms, the International Monetary Fund…
White House: China economic data less transparent in recent months
By Andrea Shalal and David Ljunggren (Reuters) – The United States on Tuesday criticized China for reducing the transparency of its reporting on basic economic data in recent months, and for cracking…
Putin says Russia faces big economic challenges, must keep inflation in check
MOSCOW (Reuters) – Russian President Vladimir Putin said on Tuesday that inflationary risks were rising and he told the government and central bank to keep the situation under control. The threat that…
Breaking News
