Boosts Economic Outlook
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Business - CNBC
IMF warns on China's property market worsening as it cuts country's growth outlook
In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.49 minutes ago - China -
Business - The Wall Street Journal
Salzgitter Cuts Outlook After Swing to Nine-Month Pretax Loss
The German steel company slashed its outlook for the third time this year, adding that it expects to report a pretax loss for 2024 amid sustained economic weakness.13 hours ago -
Business - The Wall Street Journal
Munich Re Lifts Outlook Despite Third-Quarter Miss
Munich Re’s third-quarter net profit missed consensus forecasts due to hurricane losses but the company said it expected to beat its full-year target.14 hours ago -
Politics - The Hill
IMF declares victory over inflation, boosts US economic outlook
International Monetary Fund (IMF) officials sounded a death knell for the post-pandemic inflation Tuesday and raised projections for U.S. economic performance, placing the U.S. at the center of the ...6 hours ago -
Top stories - BBC News
Reeves welcomes IMF's improved UK economic forecast
The global financial institution predicts stronger UK growth of 1.1% this year and 1.5% next year.13 hours ago - United Kingdom -
Top stories - The New York Times
We Don’t Yet Understand What Warehouse Work Is Doing to Communities
Warehouses in Lehigh Valley, Pa. have been an economic boon for blue collar workers. But they have been a political bust.14 hours ago -
Business - MarketWatch
Genuine Parts stock slides on Q3 earnings miss, lowered outlook
Shares of Genuine Parts Co. fell 10.1% in premarket trading after the auto-parts company reported lower-than-expected third-quarter earnings and lowered its outlook, citing weakness in market ...14 hours ago -
Business - Financial Times
Fragile confidence hinders global economic recovery
Political and economic uncertainties drag on business and household mood, Brookings-FT Tiger index shows2 days ago -
Politics - The Hill
Biden gives geothermal a boost
{beacon} Energy & Environment Energy & Environment The Big Story Biden administration gives geothermal energy a boost The administration proposed this week to speed up approvals for geothermal ...4 days ago - Joe Biden -
Top stories - CBS News
Maps show NOAA's winter outlook
NOAA has released its seasonal outlook for the 2024-25 winter months, which predicts the U.S. will slowly transition into a La Niña pattern.4 days ago -
Politics - The Hill
How the US can counter China's economic coercion
The Chinese threat of economic coercion has been effective, but the U.S. has leverage over China due to its reliance on supplying U.S. companies, and can leverage the imbalance in China's export ...4 days ago - China -
Business - Inc.
Why U.S. Economic Health Depends on Wealthy Consumers
Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.4 days ago -
Business - Financial Times
China’s economy grows 4.6% in third quarter
Lowest figure in year and a half comes as Beijing steps up stimulus efforts4 days ago - China -
Top stories - BBC News
Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.4 days ago -
Politics - The Hill
NOAA releases 2024-25 winter weather outlook: Here's what to expect
Depending on where you live in the U.S., this winter could bring a mix of snow and rain or unseasonably warm weather, according to climate experts.5 days ago -
Business - MarketWatch
U.S. business inventories expand for fifth straight month in August, bolstering economic outlook
Business inventories rose 0.3% for the second straight month and for the fifth straight month overall in August, the Commerce Department said Thursday.5 days ago -
Business - Financial Times
Four economic truths that explain the US’s bizarre election
A trip to America’s number 3 shopping mall offers answers to what’s really going on5 days ago -
World - Financial Times
Nigeria’s economic transformation must succeed
Failure would set back the cause of reform across sub-Saharan Africa6 days ago -
Business - MarketWatch
Global electricity demand to double by 2050, IEA’s World Energy Outlook says
Electricity demand is set to increase at levels equivalent to adding a new Japan to the world each year, the International Energy Agency said6 days ago -
Business - The New York Times
Harris and Trump Push Economic Plans to Woo Holdouts
The candidates provided more detail on how they would bolster the economy, with ideas ranging from tariffs to more assistance for Black entrepreneurs.6 days ago - Donald Trump -
Business - Financial Times
LVMH shares down 7% after warning of ‘uncertain’ outlook
World’s largest luxury group hit by pullback in Chinese consumer spending6 days ago -
Business - The Wall Street Journal
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...6 days ago -
Business - Financial Times
Hong Kong slashes tax on spirits to boost nightlife
Chinese territory’s chief executive John Lee tries to turn around economy amid fall in tourism and consumption6 days ago - Hong Kong -
Business - Financial Times
Musk gives $75mn boost to Trump’s presidential run
World’s richest man aims to sway outcome of November election with donation6 days ago - Elon Musk -
Top stories - CBS News
Trump promises tariffs to help pay for economic plans
Former President Donald Trump addressed the Economic Club of Chicago and doubled down on applying tariffs to help pay for the costs of his proposed economic plan. Trump affirmed tariffs will keep ...October 15 - Donald Trump -
Business - CNBC
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.October 15 -
Business - Financial Times
China’s economic ills are serious but not incurable
Unfortunately, policymakers have made things worse by resorting to temporary palliativesOctober 15 - China -
World - The Guardian
Martin Rowson on a parlous outlook for the UN – cartoon
Continue reading...October 15 -
Business - MarketWatch
UnitedHealth’s stock rocked as a big jump in medication costs hurt profitability
UnitedHealth’s stock was having its worst day in more than four years on Tuesday, after the healthcare giant beat third-quarter profit and revenue expectations but missed on medical-care ...October 15 -
Business - Financial Times
Mitie boosted by summer UK riot response
Half-year revenues rose 13% after government used outsourcer to provide additional securityOctober 15 - United Kingdom -
Business - Inc.
Harris Targets Black Men With New Economic Proposals
The Democratic candidate suggests small business loans and improved access to the legal cannabis industry for Black entrepreneurs.October 14 -
Politics - The Hill
A Russian economic meltdown is coming next year
As the Russian economy tanks, immiseration and social discontent grow, and money dries up, Putin won’t have the resources to fuel his war machine.October 14 - Russia -
World - ABC News
Nobel economics prize is awarded for research into why countries succeed or fail
The Nobel memorial prize in economics has been awarded to three U.S.-based academics for research into why societies with poor rule of law and exploitative institutions do not generate sustainable ...October 14 -
Top stories - NBC News
Nobel economics prize goes to global inequality researchers
Three U.S.-based academics won the 2024 Nobel economics prize for their research into why global inequality persists.October 14 -
Top stories - CBS News
MIT professors share Nobel Prize in economics
The Nobel Prize in economics was awarded to three Americans Monday. Two of them are MIT professors.October 14 -
Politics - The Hill
Harris expands economic plans with focus on Black men
Vice President Harris on Monday released an opportunity agenda for Black men, focusing on helping business owners, teachers, cryptocurrency investors, men with health conditions, and men in the ...October 14 -
World - Financial Times
Europe searches for scale in race to boost ammunition production
Efforts to supply Ukraine and replenish inventories are hampered by bottlenecks and under-investment, say industry expertsOctober 14 -
Top stories - NBC News
Young men's economic prospects are shifting, along with their politics
For David Tasker, an 18-year-old construction worker in Pennsylvania, his top financial priorities are having enough money for gas, dining out and spending on his girlfriend while living at home ...October 13