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,…
Standard Chartered’s Winters says ‘gloom’ over economy arguably overdone
DUBAI (Reuters) – Standard Chartered Chief Executive Bill Winters said on Tuesday it was appropriate to be cautious in the current economic conditions, but the pessimism was probably too much. “Of course…
China’s Q4 GDP hits early speed bump as COVID stifles economy
By Ryan Woo, Ellen Zhang and Bernard Orr BEIJING (Reuters) – China’s economic growth is hitting an early speed bump in the fourth quarter as COVID-19 curbs and anxieties further tapped the…
South Korea’s economy likely ground to near halt in Q3 – Reuters Poll
By Devayani Sathyan BENGALURU (Reuters) – South Korea’s economy likely slowed to a near halt in the third quarter as weakening exports and rising interest rates knocked the wind out of what…
Biden says Republicans would cause ‘chaos’ in U.S. economy
By Steve Holland WASHINGTON (Reuters) – Under pressure over his handling of inflation, U.S. President Joe Biden took aim on Monday at opposition Republicans, warning their economic plans would cause chaos in…
Analysis-Xi’s next premier faces tough task reviving Chinese economy
By Kevin Yao BEIJING (Reuters) – China’s next premier, who will take office in March, will have few options but to step up stimulus to revive an economy ravaged by COVID-19, policy…
World Bank sees Western Balkans economy growing 3.4% in’22, 2.8% in ’23
SARAJEVO (Reuters) – The World Bank on Monday rose its 2022 forecast of economic growth for six countries of the Western Balkans to 3.4% from 3.1% previously but warned it was still…
Xi says China’s economy has high resilience, room for manoeuvre
BEIJING (Reuters) – China’s economy has high resilience, sufficient potential and room for manoeuvre, President Xi Jinping said on Sunday, during a ceremony where China unveiled the new members of its highest…
Biden: ‘Good News On The Economy’ Will Save Democrats
Biden: ‘Good News On The Economy’ Will Save Democrats Harold Hutchison on October 21, 2022 President Joe Biden claimed Friday that good economic news would give Democrats a boost in the midterm…
Yellen says inflation not ’embedded’ in U.S. economy, research to boost capacity
By David Lawder HERNDON, Va. (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that inflation was not becoming “embedded” in the U.S. economy and domestic investments in semiconductors and research…
Fed’s Williams says still difficult to find workers in U.S. economy
By Michael S. Derby HUDSON, N.Y. (Reuters) – Finding workers remains a challenge in the U.S. economy, New York Federal Reserve President John Williams said on Friday. “In the current environment, filling…
BOJ’s Kuroda says must watch FX impact on economy
TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda said on Friday the central bank must closely watch how financial and currency market moves could affect the country’s economy and prices. “Japan’s…
Marketmind: It’s still the economy, stupid
A look at the day ahead in European and global markets from Anshuman Daga Just two months ago, Liz Truss said her government’s defining mission would be to revive the economy. That…
Failed Dem Candidate Claims Biden ‘Saved Our Economy’ In Attempt To Spin Dismal Poll Numbers
Failed Dem Candidate Claims Biden ‘Saved Our Economy’ In Attempt To Spin Dismal Poll Numbers Harold Hutchison on October 19, 2022 Former Democratic Gov. Terry McAuliffe of Virginia claimed that President…
Evans: Rates moving too high could have ‘nonlinear’ impact on economy
By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) – Interest rates that move too high could have a “nonlinear” impact on the economy as businesses become more pessimistic about the future, Chicago Fed President…
Digital ad market shows ‘signs of life’ but economy clouds 2023 outlook
By Sheila Dang and Katie Paul (Reuters) – When Snap Inc kicks off the third-quarter earnings season for tech and social media companies on Thursday, investors are expecting modest revenue growth across…
LEWANDOWSKI: ‘It’s The Economy, Stupid!’ — Democrats Are In For A Rough November’It’s The Economy, Stupid!’ — Democrats Are In For A Rough November
LEWANDOWSKI: ‘It’s The Economy, Stupid!’ — Democrats Are In For A Rough November’It’s The Economy, Stupid!’ — Democrats Are In For A Rough November Corey Lewandowski on October 18, 2022 “It’s…
Australia, Singapore sign ‘green economy’ pact
By Lewis Jackson SYDNEY (Reuters) – Australia and Singapore agreed on Tuesday on a “green economy” deal to boost cooperation on climate investment, financing and technology. Singapore Prime Minister Lee Hsien Loong…
A Parallel, Conservative Economy Is Emerging To Compete With ‘Corporations That Hate You’
A Parallel, Conservative Economy Is Emerging To Compete With ‘Corporations That Hate You’ Laurel Duggan on October 17, 2022 Conservatives have long been concerned about companies discriminating against their viewpoints and…
After U-turn, Britain’s economy still paying for Truss’s growth plan
LONDON (Reuters) – Britain’s new finance minister Jeremy Hunt on Monday reversed the bulk of Prime Minister Liz Truss’s economic growth plan of unfunded tax cuts, sparking a rally in battered UK…
Brazil’s economy seen in soft landing as private spending cools – Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness on post-pandemic purchases and increasing financial costs,…
Big Chinese banks pledge enhanced support for economy as Xi sounds call for growth
BEIJING (Reuters) – China’s six largest state-owned banks vowed they will enhance support to the slowing economy, in response to President Xi Jinping’s call for a high-quality economic growth at the opening…
Xi says China will unwaveringly support private economy
BEIJING (Reuters) – China will unwaveringly support the private economy and let the market play decisive role in resource allocation, President Xi Jinping said in a speech on Sunday at the opening…
Indicators point to hard winter for Germany – economy ministry
BERLIN (Reuters) – The German economy is facing a difficult winter based on the current economic indicators, the Economy Ministry warned on Friday in its monthly report. It pointed to the government’s…
China central bank to step up policy measures to boost economy ahead of party congress
BEIJING (Reuters) -China’s central bank will step up implementation of prudent monetary policy and provide stronger support for the real economy, its governor, Yi Gang, said, according to a statement from the…
MCDANIEL: Democrats Destroyed The Economy, And Now It’s Their Worst Enemy
MCDANIEL: Democrats Destroyed The Economy, And Now It’s Their Worst Enemy Ronna McDaniel on October 13, 2022 The United States economy is in a recession. Americans are feeling the pinch of rising…
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