Massive Layoffs At Major New Jersey Corporations a Bad Look for Governor Murphy, Economy Touting Dems
TRENTON, N.J. — Thousands of jobs across New Jersey are set to be eliminated, according to Worker Adjustment and Retraining Notification (WARN) notices filed by major employers in the state. The layoffs,…
Peru’s economy grows by 1.66% in September, slight dip from August
LIMA (Reuters) -Peru’s economy expanded by 1.66% in September compared with the same month a year earlier, figures from the national statistics institute (INEI) showed on Tuesday, a slight dip from an…
Dutch economy shrank 0.2% in Q3 as inflation bites
AMSTERDAM (Reuters) – The Dutch economy shrank 0.2% on a quarterly basis in the third quarter as rising interest rates slowed down the housing market and surging inflation put a brake on…
UK’s Hunt: labour shortages more of an issue than Brexit for economy
LONDON (Reuters) – Britain’s labour force shortages are more of an issue for the economy than Brexit, finance minister Jeremy Hunt said on Sunday, adding that he would seek to address constraints…
Chinese premier says economy on ‘upward trend’, vows further support
BEIJING (Reuters) – China’s economy has grown 3% over the past three quarters and is stabilising on an “upward trend”, Chinese Premier Li Keqiang said, vowing to continue to support the economy…
Fiscal and social concerns equally important for Brazil’s economy, Itau CEO says
SAO PAULO (Reuters) – Fiscal and social concerns should be given equal weight in the running of Brazil’s economy, the chief executive of bank Itau Unibanco said on Friday, referring to market…
No easy fix for China as economy slows more than expected
By Kevin Yao BEIJING (Reuters) – An unexpectedly weak run of Chinese economic data this month has raised the heat on policymakers to deliver more stimulus measures, but it also shows the…
More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say
More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say John Hugh DeMastri on November 8, 2022 Delinquency rates on U.S. auto loans hit their highest level in over a…
Analysis-China’s markets clutch at economy reopening straws
SHANGHAI/HONG KONG (Reuters) – Rumours of a possible end to stringent COVID-19 lockdowns have sent China’s stock markets flying this week despite the lack of any announced changes, showing how desperate investors…
Japan economy set to slow sharply as global inflation, recession risks hurt- Reuters poll
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s economy is expected to have slowed markedly in the third quarter as global recession risks hurt external demand while rising inflation and a weak yen’s…
USTR Tai, Mexico’s economy minister discuss energy, corn exports
WASHINGTON (Reuters) -U.S. Trade Representative Katherine Tai discussed differences with Mexico over its energy sector and U.S. corn exports in a virtual meeting on Thursday with Mexican Economy Minister Raquel Buenrostro, the USTR…
Canada cuts 2023 GDP forecast but says economy to avoid recession
TORONTO (Reuters) – Canadian Finance Minister Chrystia Freeland on Thursday unveiled an economic update, slashing 2023 real GDP forecast to 0.7%, but said the economy would avoid a recession, while announcing C$11.3…
ECB warns of potential impact on economy from Spanish banking tax
By Jesús Aguado MADRID (Reuters) – The European Central Bank warned on Thursday in a non-binding opinion that Spain’s banking tax proposal could damage lenders’ capital, lead to higher credit costs for…
HANKE And HOFMANN: How The Federal Reserve Destroyed The US Economy
HANKE And HOFMANN: How The Federal Reserve Destroyed The US Economy Steve Hanke And Caleb Hofmann on November 2, 2022 According to the Federal Reserve, the White House, and the media, the…
China’s rich provinces post slower growth than national economy on COVID curbs
BEIJING (Reuters) – Some of China’s most affluent regions reported slower growth in the first three quarters of the year than the national economy, as COVID-19 curbs disrupted factory and consumer activity.…
Strong exports likely boosted Indonesia’s economy in Q3 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Indonesia’s economy grew at its fastest pace in over a year last quarter, buoyed by strong exports and consumption, but a slowdown in China and a…
Russia’s economy shrinks 5% year-on-year in September -economy ministry
(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW (Reuters) – Russia’s economy shrank by 5% on an annualised basis in September, the…
BOJ Kuroda: Must maintain ultra-loose policy to support economy
TOKYO (Reuters) – Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday the central bank must maintain ultra-loose monetary policy to support an economy that is still recovering from the COVID-19…
Swedish economy heading for ‘tough winter’, new finance minister says
By Johan Ahlander and Anna Ringstrom STOCKHOLM (Reuters) -The Swedish economy is heading into a recession next year, driven by rampant inflation and the war in Ukraine, the country’s new finance minister…
Hong Kong economy shrinks 4.5% yr/yr in Q3, outlook remains weak
HONG KONG (Reuters) – Hong Kong’s economy shrank faster in the third quarter, contracting 4.5% from the same period a year earlier, the third straight quarter of downturn, advance government data showed…
China central bank reaffirms it will step up support for real economy
BEIJING (Reuters) – China’s central bank will step up credit support for the real economy while keeping the yuan basically steady, Governor Yi Gang said in comments published on Sunday, reaffirming the…
Mexico’s economy seen growing in Q3, but at slower pace – Reuters poll
MEXICO CITY (Reuters) – Mexico’s economy likely grew between July and September for the fourth consecutive quarter, though at a slower rate due to a slowdown in the United States, a Reuters…
Analysis-Top central bankers fear breaking economy if they raise rates too fast
By Francesco Canepa FRANKFURT (Reuters) – The world’s top central bankers are beginning to fear that an already weak global economy will stall if they keep pressing on the brakes, unnerved by…
Ukraine economy to shrink by almost 32% in 2022 – central bank
(Reuters) – Ukraine’s economy will shrink by almost 32% this year and annual inflation will accelerate to 30%, largely due to the damage done by Russia’s invasion, the Ukrainian central bank said…
South Korea ministers pledge to boost economy
SEOUL (Reuters) -South Korea’s government said on Thursday it would ease regulations on the housing sector and boost policy support for the rechargeable battery and shipbuilding sectors to offset the growing downside…
‘He’s Gotta Own It’: Harris Faulkner Spars With Dem Consultant Over Biden’s Blame For Economy
‘He’s Gotta Own It’: Harris Faulkner Spars With Dem Consultant Over Biden’s Blame For Economy Harold Hutchison on October 25, 2022 Fox News host Harris Faulkner clashed with a fellow panelist on…
Breaking News
