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…
New Delhi to tap brakes on capex growth, key subsidies – Reuters poll
By Madhumita Gokhale and Sarupya Ganguly BENGALURU (Reuters) – The Indian government is set to tap the brakes on a torrid pace of capital investment growth in the coming fiscal year as…
Failure to cut debt burden of some countries could hamper growth, spark conflict – Yellen
DAKAR (Reuters) – U.S. Treasury Secretary Janet Yellen on Saturday underscored the urgent need to reduce the debt burden of heavily indebted countries, warning that failure to do so would set back…
Davos 2023: China reopening? Good for growth, but tread with caution
By Brenda Goh and Lananh Nguyen DAVOS, Switzerland (Reuters) – China’s declaration that it is open for business was welcomed by attendees at the World Economic (WEF) as a likely boost to…
Column-Fed hangs tough as wage growth gets real again: Mike Dolan
By Mike Dolan LONDON (Reuters) – If markets are wondering why the Federal Reserve just won’t play ball with their ‘peak interest rate’ pricing, the answer probably lies in the resumption of…
Chinese companies set for biggest earnings growth in 5 years in 2023-Refinitiv data
By Gaurav Dogra (Reuters) – Chinese companies are expected to report their highest earnings growth in five years, Refinitiv data shows, as economic reopening after COVID lockdowns and accommodative monetary policy raise…
U.S. firms pessimistic about economic growth this year, Fed survey shows
(Reuters) – There were some encouraging signs U.S. inflation pressures and labor shortages were easing, a Federal Reserve report showed on Wednesday, but economic activity was tepid as the central bank’s actions…
‘Less Is More’: Davos Speaker Says World Does Not Need ‘Growth Or Development’
‘Less Is More’: Davos Speaker Says World Does Not Need ‘Growth Or Development’ Harold Hutchison on January 17, 2023 A speaker at a panel of the World Economic Forum (WEF) in Davos,…
Most Chinese provinces set growth targets of above 5% in 2023
BEIJING (Reuters) – Most Chinese provinces aim for economic growth of above 5% this year, pledging to focus on boosting consumption following a lifting of stringent COVID curbs, according to local government…
UBS still hiring and in growth mode – CEO Ralph Hamers
ZURICH (Reuters) – UBS is hiring with the Swiss bank in “growth mode,” Chief Executive Ralph Hamers said at the World Economic Forum in Davos on Tuesday. “We are very cautious in…
Indonesia central bank sees 2022 Q4 GDP growth at 4.81%
JAKARTA (Reuters) – Indonesia’s economic growth in the fourth quarter of 2022 may have slowed to 4.81% on a yearly basis, from 5.72% in the previous three months, according to a presentation…
China’s Q4 growth slows to 2.9% y/y, beats expectations
BEIJING (Reuters) – China’s economy hit a bump in the fourth quarter, growing by 2.9% year-on-year, National Bureau of Statistics data showed on Tuesday, beating expectations but still underlining the toll exacted…
Davos 2023: CEOs most gloomy on growth in more than a decade -PwC survey
By Divya Chowdhury and Anisha Sircar DAVOS, Switzerland (Reuters) – Confidence among companies in their growth prospects has dropped the most since the 2007-08 global financial crisis due to rising inflation, macroeconomic…
New Jersey based Barter Saves continues growth with the acquisition of Florida barter group
BarterSaves, New Jersey’s largest independently-owned Barter Exchange has gotten even bigger. On January 9, the company acquired BarterFirst International based out of Florida, serving businesses in Orlando and the surrounding area for…
World Bank sees India growth slowing to 6.6% in FY24
MUMBAI (Reuters) – India’s economic growth will slow to 6.6% in the next fiscal year from an expected 6.9% in the current year, the World Bank said in its latest economic update.…
Morgan Stanley bumps up China growth, stocks and yuan forecasts
By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again, becoming the latest Wall Street heavyweight to do so as the country…
GE HealthCare expects 5%-7% organic revenue growth in 2023 on strong demand
(Reuters) -GE HealthCare Technologies Inc expects organic revenue growth for 2023 to be in the range of 5% to 7% on robust customer demand, the company said on Tuesday, even as inflation…
Analysis-Fall in India nominal GDP growth in FY24 to challenge fiscal math
By Ira Dugal MUMBAI (Reuters) – India’s nominal GDP growth is likely to fall in 2023-24, hurting tax collections and putting pressure on the federal government to reduce the budget gap by…
ECB sees ‘very strong’ wage growth ahead in next few quarters
FRANKFURT (Reuters) – Wage growth across the euro zone is expected to be “very strong” over the next few quarters but real wages are still likely to decline given rapid inflation, a…
Private Job Growth Smashes Expectations As Labor Market Stays Stubbornly Hot
Private Job Growth Smashes Expectations As Labor Market Stays Stubbornly Hot John Hugh DeMastri on January 5, 2023 Private firms shattered investor expectations for job growth in December, adding 235,000 workers mostly…
India’s FY24 growth to dip to 5.5% from 6.8% in FY23 – HSBC economist
MUMBAI (Reuters) – India’s economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was slowing…
Irish services sector growth picks back up in December
DUBLIN (Reuters) – Expansion in the Irish services sector picked up in December following four straight months of slowing growth to push overall activity in the private sector back into positive territory,…
India’s services growth at 6-month high on robust demand – PMI
By Anant Chandak BENGALURU (Reuters) – India’s services industry saw activity increase at the fastest pace in six months during the final month of 2022 amid robust demand, fuelling business optimism despite…
UAE non-oil private sector growth eases further in December -PMI
DUBAI (Reuters) – Growth in the non-oil private sector in the United Arab Emirates slowed for a second consecutive month in December, while output growth slid to a 15-month low, a survey…
ECB must stop quick wage growth from fuelling inflation, Lagarde says
FRANKFURT (Reuters) – Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Lagarde told a…
Growth constraints to shackle industrial metals for a few more months
By Pratima Desai LONDON (Reuters) – Industrial metals markets hoping for improving demand and a price rally may have to wait a few more months with the headwinds of slow growth likely…
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