Baltimore sees first population growth in a decade, aided by sanctuary policies, immigration
BALTIMORE, MD — Baltimore’s population has increased for the first time since 2014, according to new estimates released by the U.S. Census Bureau. The city’s population grew from 565,271 in 2023 to…
Jersey City proposes cultural arts district to drive economic growth in Journal Square
JERSEY CITY, NJ — Mayor Steven M. Fulop and the Jersey City Redevelopment Authority (JCRA) introduced an ordinance at Wednesday’s City Council meeting to establish a Cultural Arts Special Improvement District (SID)…
They’re Not Done Yet: Inflation Up Again, Job Growth Down
Inflation in the United States rose slightly in October, with the consumer price index (CPI) increasing 0.2% year-over-year and 2.6% from the previous month, according to the Bureau of Labor Statistics. Core…
Ocean County Optimistic About Future Economic Growth Despite Biden Economy
At a recent gathering of the NJ Alliance for Action, Ocean County Commissioner Frank Sadeghi addressed leaders from various sectors including business, labor, and government. He highlighted the promising state of economic…
Ocean County Youth Center: A Hub for Growth and Opportunity for Young People
The Ocean County Youth Center, serving as a beacon of hope and development for the county’s at-risk and disadvantaged youth, continues to make significant strides in fostering personal, educational, and social growth.…
US Job Growth Projected To Stall In Coming Year In Another Sign Of Stagflation
Job growth may stall in the second half of 2024 as low growth and high inflation continue to elevate fears of stagflation, a report released Monday by the research group The Conference…
World economy to skirt recession but growth too low, German government sources say
By Christian Kraemer BERLIN (Reuters) – The danger of a global recession has largely been averted but growth will be meagre, German government sources said, referring to International Monetary Fund forecasts that…
Yellen to meet US allies during IMF, World Bank meetings, press China on growth
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will meet with finance ministers from U.S. allies this week to discuss a number of key issues, including shoring up supply…
Yellen says China is too big to export its way to rapid growth
By David Lawder GUANGZHOU, China (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that China is too large to try to export its way to rapid growth and would benefit…
U.S. annual home price growth slowed in January, FHFA says
By Amina Niasse NEW YORK (Reuters) – U.S. annual home prices rose at a slower rate in January and slipped on a monthly basis for the first time in 17 months, data…
Biden Regulator Considering Limiting United Airlines Growth Amid Safety Concerns: REPORT
Biden Regulator Considering Limiting United Airlines Growth Amid Safety Concerns: REPORT Will Kessler on March 23, 2024 The Federal Aviation Administration (FAA) is considering measures to halt expansion at United Airlines while…
Marketmind: China PMIs, U.S. Fed statement will test growth outlooks
By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. Wednesday will bring prompt tests of the just-released International Monetary Fund upgrades of U.S. and Chinese growth outlooks…
IMF slashes 2024 Argentina GDP growth forecast, weighs on regional view
NEW YORK (Reuters) – The International Monetary Fund slashed its 2024 economic growth projection for Argentina to a 2.8% contraction from a 2.8% expansion, dimming its view on output growth in Latin…
IMF revises up Asia’s growth forecast, warns of China risk
By Leika Kihara TOKYO (Reuters) – The International Monetary Fund (IMF) on Tuesday projected emerging Asian economies would expand 5.2% this year, slowing from 2023 but revised up from its forecast three…
Ryanair looks for Polish government support for ambitious growth
By Alan Charlish WARSAW (Reuters) – Ryanair is hoping that Poland’s new pro-European government will support its growth plans in the country which assume a doubling in size over the next 6-8…
Slower wage growth needed for euro zone rate cuts, ECB’s Knot says
AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro zone before interest rates can be lowered, ECB governing council member Klaas…
Chinese provinces target modest 2024 growth after missing previous goals
By Ellen Zhang and Ryan Woo BEIJING (Reuters) – Many provinces in China including the financial hub of Shanghai have set modest 2024 economic growth targets after missing their previous goals, in…
Thai export growth misses forecast in Dec, small rise seen in 2024
BANGKOK (Reuters) – Thailand’s exports rose for a fifth straight month in December but at a slower pace and less than analysts’ forecasts, and the commerce ministry said on Friday that it…
Yellen: strong US GDP growth signals productivity gains, not inflation
By David Lawder CHICAGO (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that surprisingly strong economic growth in the fourth quarter was a “good thing” that signals productivity gains and…
Arthur J. Gallagher’s fourth-quarter profit rises on commissions, fee growth
(Reuters) – Arthur J. Gallagher reported a rise in fourth-quarter adjusted profit on Thursday, as the insurer brokerage earned more commissions and fees. Resilient demand for insurance products helped its brokerage business,…
China clean energy sector was biggest driver of 2023 GDP growth -research report
By Andrew Hayley BEIJING (Reuters) – China’s clean energy sector accounted for the largest portion of the country’s economic growth in 2023, according to a report by global research agency released on…
International investors fuel further growth in Japanese stock market
(Reuters) – Foreign investors bolstered their positions in the rising Japanese stock market drawn by a depreciating yen that boosted exporter shares and a robust performance in the chip sector. According to…
Kinder Morgan remains bullish on natural gas demand growth
By Mrinalika Roy (Reuters) – Kinder Morgan said on Wednesday it continues to have a bullish outlook for natural gas demand banking on higher demand from liquefied natural gas (LNG) export facilities…
Egypt economic growth forecasts lowered as Gaza crisis flares: Reuters poll
By Patrick Werr CAIRO (Reuters) – Egyptian economic growth will be slower than previously expected as its pound weakens, inflation cuts into purchasing power and fallout from the Gaza crisis eats into…
Risk of EU prices rising, growth slowing from Red Sea attacks -EU trade chief
BRUSSELS (Reuters) – The European Union faces a risk of consumer prices surging and growth slowing due to disruptions to shipping through the Red Sea, though it has yet to feel an…
Gulf economies to rebound in 2024 despite weak oil growth outlook: Reuters poll
By Anant Chandak BENGALURU (Reuters) – The six-member Gulf Cooperation Council economies will grow at a faster pace in 2024 than last year despite expectations of weak global growth hurting oil demand,…
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