Latest in China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
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Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - 48m -
UK economy’s 0.1% growth fails to hit forecasts
November expansion is first since August as pressure on chancellor Rachel Reeves to rebuild confidence growsFinancial Times - 1h -
UK economy disappoints despite return to growth
Official figures show the economy grew by 0.1% in November, although that was lower than had been expected.BBC News - 2h -
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.CNBC - 3h -
China's slowing economy is waiting for more stimulus. Here's how the country plans to boost growth
China's slowing economy is still waiting for promised government support to kick in.CNBC - 4h -
U.S.-China Rivalry Could Boost Space Startup Funding
After commercial space startups pulled in $8.6 billion in 2024, more venture capital firms are likely to make investments in new companies as Sino-Amercian tensions go orbital.Inc. - 17h -
California wildfires could slow the economy and boost inflation — and that’s not even the worst of it, economists say
There were 27 natural disasters that cost at least $1 billion in 2024, well above the annual average of nine such events from 1980 to 2023.MarketWatch - 3h -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - 1d -
Reeves shrugs off calls for resignation as she promises UK growth plan
Chancellor has faced increasing criticism over her handling of the economyFinancial Times - 1d -
PM plans to 'unleash AI' across UK to boost growth
Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.BBC News - 2d -
India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts
The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.CNBC - 3d -
Will spending more boost your quality of life in retirement? Here’s how annuities help that.
Retirees may hold back when they think they’re draining their savings instead of spending an income.MarketWatch - 4d -
Reeves defends China visit and hails £600m boost to UK
The chancellor has been criticised for making the trip while the government is under pressure from rising borrowing costs.BBC News - 4d -
Hiring boost indicates Trump will inherit healthy economy
The data may help determine whether the Fed will cut interest rates this month.ABC News - 5d -
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China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier assets like stocks and real estate.The New York Times - 5d -
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The Slow Growth of Hand-Painted Clothes
In an era of fast fashion, some yearn for clothing with a personal touch.The New York Times - 6d -
'Stop saying I crashed the economy,' says Liz Truss. Is it possible to gaslight an entire country? | Hugh Muir
The former PM has sent a cease and desist letter to the current one. Will everyone who thinks she was useless get one next?. The problem with worrying about megalomaniacs on the web and wildfires ...The Guardian - 6d -
China bets on kitchen appliances to boost economy
A list of subsidised household goods has been expanded as Beijing tries to increase domestic spending.BBC News - Jan. 9 -
London’s airports test Labour with plans for rapid growth
Luton and Gatwick ruling to come this year, while Stansted and City expansion already approvedFinancial Times - Jan. 9 -
China's consumer inflation slows further in December, stoking deflation worries
China's consumer prices in December edged up 0.1% in line with expectations from a year earlier, National Bureau of Statistics showed Thursday, fanning deflation concerns.CNBC - Jan. 9 -
How Trump’s Mass Deportation Plans Could Reverse GDP Growth
Estimates of the effects of the president-elect’s plan to expel millions of undocumented workers are colored by politics, but detailed studies warn of major labor disruption, spiking business ...Inc. - Jan. 7 -
Chrysler sales have shrunk 80% in two decades. Here's how executives plan to bring the brand back
Once a relatively diversified brand, Chrysler now has only two models, both of them different versions of the same minivan.CNBC - Jan. 6 -
Starmer's NHS waiting list plan - will it work?
Lack of staff and money could make it difficult for government to achieve its aims.BBC News - Jan. 6 -
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It's time to boost 401(k) plan contributions for 2025 — here's how much more you can save
If you're feeling behind on retirement savings, you can make higher 401(k) plan deferrals and catch-up contributions for 2025. Here's what to know.CNBC - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
China stocks lead losses in Asia as manufacturing slows; Singapore annual GDP growth rises to 4%
China's Caixin/S&P Global manufacturing purchasing managers' index for December fell to 50.5, missing economists' estimates of 51.7 in a Reuters poll.CNBC - Jan. 2 -
Taiwan president vows to boost the island's defense budget as China threats rise
Taiwanese President Lai Ching-te has pledged to strengthen the island’s defenses in the face of escalating Chinese threatsABC News - Jan. 1
