Latest in Rates Slashes Growth
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World’s biggest offshore wind developer Ørsted slashes investment by 25%
Danish company attempts to recover from botched US expansion and restore struggling share priceFinancial Times - 1d -
Why Purpose and Values Are the Key to Growth
Five leadership lessons about incorporating these into your business approach.Inc. - 2d -
Goldman slashes investment minimum for new alumni fund
1869 scheme will invest in Wall Street bank’s private market vehiclesFinancial Times - 2d -
Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 5d -
Growth – and damn the consequences?
Plus, will Britain approve a youth mobility scheme with the EU?Financial Times - 6d -
European Central Bank Cuts Interest Rates as Economic Growth Stagnates
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates.The New York Times - Jan. 31 -
European Central Bank cuts interest rates to support growth as eurozone economy stagnates - as it happened
Live coverage of business, economics and financial news as ECB cuts main interest rate by 0.25 percentage points in effort to support European economies. It was a flash reading on the Eurozone ...The Guardian - Jan. 30 -
Mortgage rates are stuck at 7% as Fed holds steady on interest rates
Bad news for home buyers: Mortgage rates are largely stuck at 7% for the time being.MarketWatch - Jan. 29 -
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Is the Fed interest rate pause good for mortgage rates?
The Fed's rate pause is likely to impact borrowing costs — but will it make mortgage loans more affordable?CBS News - Jan. 29 -
Labour is facing two ways on growth
The UK government is starting to change the narrative but needs a joined-up approachFinancial Times - Jan. 29 -
Germany slashes growth outlook in 'serious' diagnosis of Europe's largest economy
The German government slashed its gross domestic product expectations Wednesday, saying it was now forecasting just 0.3% growth in 2025.CNBC - Jan. 29 -
Competition or growth? It’s better to have both
Political interference fuels uncertainty for businesses in need of a stable competition policyFinancial Times - Jan. 26 -
Trump urges oil-exporting nations to slash prices
The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.BBC News - Jan. 23 -
The UK begins to shift the narrative on growth
Also in this week’s newsletter: why exports are the drivers of economic expansionFinancial Times - Jan. 23 -
CEOs need a mindset shift on growth
Corporate leaders must embrace risk more for the long-term good of their companiesFinancial Times - Jan. 22 -
Trump’s RTO Plans Could Slash Federal Employee Head Count
The threat of DOGE-led job cuts may get further backing as the president vows to require government staffers to work in person five days a week.Inc. - Jan. 20 -
Citigroup Slashes Jobs as Cost-Cutting Continues
Targets include senior managers in the banking giant’s wealth, technology and data analysis units.Inc. - Jan. 17 -
Saab Expects Sales Growth to Top Guidance
The company said it experienced a stronger-than-expected final quarter of the year, with global defence spending surging as nations support Ukraine while restocking their own arsenals.The Wall Street Journal - Jan. 17 -
China’s economy hits 5% growth target but rate among slowest in decades
Latter part of 2024 ‘recovered remarkably’ after stimulus measures, says National Bureau of Statistics. Business live – latest updates China’s economy grew by 5% in 2024, in line with ...The Guardian - Jan. 17 -
How Bidenomics boosted growth but failed Americans
The US economy outperformed its global peers but left citizens feeling worse off, leading many to turn to Donald TrumpFinancial Times - Jan. 17 -
China’s GDP growth hits 5% target for 2024
Analysts and officials warn of threat from tariffs and weak consumer demandFinancial Times - Jan. 17 -
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 - Jan. 16 -
BP gave a bleak outlook. Now it’s reportedly slashing jobs.
After a difficult fourth quarter in which production and prices fell, oil major BP reportedly is cutting thousands of jobs.MarketWatch - Jan. 16 -
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 - Jan. 16 -
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 - Jan. 16 -
Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth 'highly likely' to miss forecasts
Economists polled by Reuters had estimated a 25-basis-point cut to 2.75%CNBC - Jan. 16 -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - Jan. 15 -
Inside Elon Musk’s Plan for DOGE to Slash Government Costs
Mr. Musk has turned to Silicon Valley to help recruit executives who will take up unofficial positions across the federal government.The New York Times - Jan. 13 -
New rule could slash nicotine levels in tobacco products
The Biden administration is poised to try to lower the amount of nicotine in tobacco products, an eleventh-hour effort that’s been years in the making. The move would give the White House one ...The Hill - Jan. 13 -
8 Key Metrics for Growth-Minded CEOs to Track
Track these eight essential metrics to scale your business and ensure sustainable growth.Inc. - Jan. 12 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
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 - Jan. 9 -
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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 -
‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending
Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...NBC News - Jan. 8
