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,…
‘Pathetic’: Black, Hispanic Voters Shred Biden Over Handling Of The Economy
‘Pathetic’: Black, Hispanic Voters Shred Biden Over Handling Of The Economy Will Kessler on August 18, 2023 Black and Hispanic male voters are not optimistic about President Joe Biden’s leadership of the…
Thai economy likely grew 3.1% in Q2 on higher tourist arrivals: Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Thailand’s economy likely grew 3.1% in the April-June quarter from a year ago, up from 2.7% in the previous quarter, driven by increased foreign tourist arrivals,…
Analysis-China’s sputtering economy curbs outlook for diesel demand for rest of 2023
By Andrew Hayley BEIJING (Reuters) – China’s muted economic growth in 2023 as its post-COVID recovery underwhelms has crimped the outlook for demand for diesel fuel, the oil product that is the…
Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy
Despite Massive ‘Bidenomics’ Push, Voters Still Don’t Trust Biden To Handle Economy Arjun Singh on August 17, 2023 A new poll reveals that President Joe Biden’s approval ratings on the economy are…
Marketmind: Accelerating US economy sideswipes markets
A look at the day ahead in U.S. and global markets from Mike Dolan Far from the recession forecasts of earlier this year, U.S. economic growth may actually be accelerating in the…
Dutch economy enters recession as inflation bites
AMSTERDAM (Reuters) – The Dutch economy has entered a recession as it shrank 0.3% on a quarterly basis in the second quarter, a first estimate published by Statistics Netherlands on Wednesday showed.…
Thai economy expanding as policy rate nears stability level – central bank minutes
BANGKOK (Reuters) – Thailand’s economy should continue to expand as the policy rate is approaching a level consistent with long term stability, minutes of the central bank’s Aug. 2 monetary policy meeting…
Peru government sees economy recovering from mild contraction
By Sarah Morland and Isabel Woodford (Reuters) – Peru’s economy is showing signs it could start growing again after shrinking in the first half of this year, the country’s finance chief said…
IMF reaches $830 million staff-level deal to support Honduras economy
(Reuters) -The International Monetary Fund said on Friday it has reached a staff-level agreement with Honduras for a 36-month credit facility for about $830 million to support the country’s economic reform policies.…
Biden’s Border Crisis Is Helping Fuel A Surge In Mexico’s Economy, New Data Shows
Biden’s Border Crisis Is Helping Fuel A Surge In Mexico’s Economy, New Data Shows Will Kessler on August 11, 2023 The border crisis under President Joe Biden has fueled Mexico’s economy through…
EJ ANTONI: These Record Debt Figures Are A Massive Red Flag For The American Economy
EJ ANTONI: These Record Debt Figures Are A Massive Red Flag For The American Economy E.J. Antoni on August 11, 2023 While the White House touts the success of “Bidenomics,” American families…
STEPHEN MOORE: Congress Can’t Regulate The Risk Out Of Banking, But They Can Regulate The Economy Into The Ground
STEPHEN MOORE: Congress Can’t Regulate The Risk Out Of Banking, But They Can Regulate The Economy Into The Ground Stephen Moore on August 9, 2023 Banking is just about the most regulated…
Can Argentina’s economy chief helm Peronist ‘shipwreck’ to election win?
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Economy Minister Sergio Massa is an unlikely hero for the embattled ruling Peronist party. Under his watch, inflation surged to 116%, the poverty rate…
GOP Senator Praises Trump For Focusing On Economy, Avoiding ‘Rabbit Hole’ Of Smith Indictment
GOP Senator Praises Trump For Focusing On Economy, Avoiding ‘Rabbit Hole’ Of Smith Indictment Harold Hutchison on August 7, 2023 Republican Sen. Tommy Tuberville of Alabama praised former President Donald Trump Monday…
These Two Red Flags Could Spell Big Trouble For The Economy
These Two Red Flags Could Spell Big Trouble For The Economy Will Kessler on August 4, 2023 A major shipping company and the largest advertising firm in the world both announced in…
Russian economy grows 5.3% year on year in June
MOSCOW (Reuters) – Russia’s economy grew 5.3% in June year on year, the economy ministry said on Wednesday, after an increase of 5.4% in May. Seasonally adjusted gross domestic product (GDP) edged…
Factbox-China’s measures to support the economy amid faltering recovery
BEIJING (Reuters) – China has rolled out a series of policy measures in recent weeks to support the economy as its post-pandemic recovery falters, and more steps are expected. The world’s second-largest…
Peru economy shrinks for two straight quarters, minister denies recession
(Reuters) – Peru’s finance minister said on Tuesday that preliminary data showed the country’s economy shrank in June, marking two consecutive quarters of contraction, which is a common definition for a recession.…
Marketmind: Testing the ‘Goldilocks’ view of the global economy
A look at the day ahead in European and global markets from Kevin Buckland. The ‘Goldilocks’ view that equity investors are taking of the global economy continued into August, as a benchmark…
Hong Kong quarterly GDP growth slows on sluggish global economy
HONG KONG (Reuters) – Hong Kong’s economic growth slowed in the second quarter from a year earlier, advance government data showed on Monday, with the momentum softening after a strong rebound in…
Moroccan economy grew 1.3% in 2022, against 8% in 2021 – central bank
(Reuters) – The Moroccan economy registered growth of 1.3% in 2022, slowing down from the 8% growth registered in 2021, the central bank said late on Saturday. Abdellatif Jouahri, Governor of Bank…
North Korea economy shrank for third year in 2022 -South’s central bank
By Jihoon Lee SEOUL (Reuters) – North Korea’s economy shrank for a third consecutive year in 2022, as COVID-19 restrictions and U.N. sanctions continued to weigh on economic activity in the isolated…
US Economy Grows Moderately As GDP Ticks Up
US Economy Grows Moderately As GDP Ticks Up Will Kessler on July 27, 2023 The U.S. economy grew at a rate of 2.4% in the second quarter of 2023, according to gross…
Hedge funds rush to buy China stocks on economy stimulus prospects – Goldman
By Summer Zhen HONG KONG (Reuters) – Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their fastest pace since October 2022, Goldman Sachs…
US officials to meet Taliban in Doha to discuss economy, rights
By Kanishka Singh WASHINGTON (Reuters) -U.S. officials will meet Taliban representatives and “technocratic professionals” from Afghan ministries in Doha this week, the State Department said on Wednesday, adding they will discuss economic…
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