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Today: May 01, 2026
Today: May 01, 2026

economic growth

Business|Economy|US|World

Surge of 130,000 US hires last month is a stark contrast to the weak hiring of 2025

U.S. employers added a surprisingly strong 130,000 jobs last month, but government revisions cut 2024-2025 U.S. payrolls by hundreds of thousands

Surge of 130,000 US hires last month is a stark contrast to the weak hiring of 2025
Business|Economy|Finance|World

CBO: Federal deficits and debt to worsen over next decade

The Congressional Budget Office projects worsening federal deficits and rising debt over the next decade, driven by increased spending on Social Security, Medicare, and debt service payments

CBO: Federal deficits and debt to worsen over next decade
Business|Economy|Europe|Finance|World

Bank of England stands pat on interest rates, but cuts expected ahead

The Bank of England is keeping its main interest rate unchanged at 3.75% with U.K. inflation remaining above target and economic growth is showing signs of picking up

Bank of England stands pat on interest rates, but cuts expected ahead
Crime|Economy|Environment

Right-wing populist Laura Fernández claims victory in Costa Rica’s elections. Here’s what to know.

Right-wing populist Laura Fernández claims victory in Costa Rica’s elections. Here’s what to know.

Right-wing populist Laura Fernández claims victory in Costa Rica’s elections. Here’s what to know.
Business|Economy|Finance|Stock Markets|US

CSX railroad profit slips 2% as shipping demand remained weak and severance costs hurt results

CSX said Thursday that its profit slipped 2% in the fourth quarter as the railroad dealt with weak demand and severance costs from layoffs that new CEO Steve Angel carried out last fall

CSX railroad profit slips 2% as shipping demand remained weak and severance costs hurt results
Business|Economy|Finance|Stock Markets|US

Consumer spending remained strong during the holiday season despite elevated prices

Consumer spending remained strong during the holiday season despite elevated prices

Consumer spending remained strong during the holiday season despite elevated prices
Business|Economy|Finance|US

Inflation cooled slightly in December though it remains above Fed's target

Inflation declined a bit last month as prices for gas and used cars fell, a sign that cost pressures are slowly easing

Inflation cooled slightly in December though it remains above Fed's target
Business|Economy|World

China factory activity picks up in December as orders rebound ahead of holidays

Surveys show that Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects

China factory activity picks up in December as orders rebound ahead of holidays
Business|Economy|Finance|Stock Markets|World

Asian shares are mixed after US stocks drift to more records

Asian shares are mixed in thin holiday trading, with most markets in the region and elsewhere closed for Christmas

Asian shares are mixed after US stocks drift to more records
Arts|Business|Economy|Education|Entertainment|Environment|Health|Lifestyle|Political|Science|Technology

A look at aging baby boomers in the United States

The oldest baby boomers are turning 80 in 2026

A look at aging baby boomers in the United States
Business|Economy|Technology|World

US Steel to resume steel production at Illinois plant shut 2 years ago

U.S. Steel says it'll resume making steel slabs at its Granite City Works plant in Illinois amid strengthening demand

US Steel to resume steel production at Illinois plant shut 2 years ago
Asia|Business|Economy|Political|World

China should focus on economy not 'territorial expansion', Taiwan president says

China's economy is in a bad way and President Xi Jinping should focus on improving the lives of his people and not "territorial expansion", Taiwan President Lai Ching-te said

China should focus on economy not 'territorial expansion', Taiwan president says
Economy|Political|World

Mexican government hikes minimum wage, pushes shorter work week

Mexico on Wednesday announced it would boost the minimum wage next year and push to trim the country's long work week, the

Mexican government hikes minimum wage, pushes shorter work week
Business|Economy|World

Japan's factory activity decline slows in November, PMI shows

Japan's manufacturing activity shrank for the fifth consecutive month in November, weighed by sluggish demand, though the outlook improved slightly, a private-sector survey

Japan's factory activity decline slows in November, PMI shows
Business|Economy|Finance|World

Japan Q3 capex growth slows to 2.9%, but points to resilient demand

Japanese corporate spending on factories and equipment rose 2.9% in July-September against the same period the year before, Ministry of Finance data showed

Japan Q3 capex growth slows to 2.9%, but points to resilient demand
Business|Economy|World

RBNZ's first female governor takes reins after tumultuous period

The first job for the Reserve Bank of New Zealand's new chief as she starts work on Monday is to make the central bank boring again, following a

RBNZ's first female governor takes reins after tumultuous period
Business|Economy|Europe|World

UK manufacturing PMI shows first growth in over a year in November

Britain's manufacturing sector recorded its first increase in activity since September 2024 last month, bolstered by improved domestic demand and less of a slowdown in orders

UK manufacturing PMI shows first growth in over a year in November
Business|Economy|Finance|Stock Markets|World

China's slow-motion stock rally starts to win investor trust 

Fund managers are picking Chinese industrial stocks and holding volatile tech shares, betting a two-year-old equities rally

China's slow-motion stock rally starts to win investor trust 
Business|Economy|Political|World

US says it will use G20 presidency to focus on economic growth

The U.S. on Monday assumed the 12-month presidency of the Group of 20 major economies amid a bitter feud with outgoing president South

US says it will use G20 presidency to focus on economic growth
Business|Economy|Finance|Political|Stock Markets|US|World

Despite US trade war, OECD expects global economy will grow 3.2% this year

The world economy has proven surprisingly durable in the face of President Donald Trump’s trade wars, the Organization for Economic Cooperation and Development said Tuesday, upgrading its outlook for global and U.S. economic growth this year

Despite US trade war, OECD expects global economy will grow 3.2% this year
Business|Economy|Political|World

Russia's Putin says output fall in some sectors not acceptable

Russian President Vladimir Putin said on Tuesday that a fall in output in some sectors of the economy was not acceptable, and a transition to balanced growth remained a goal

Russia's Putin says output fall in some sectors not acceptable
Business|Economy|Finance|World

Global financial system must adapt to better serve economy, UN trade agency says

The financial system risks undermining global trade if it fails to adapt to the economy's needs, with developing countries likely to suffer the most, the

Global financial system must adapt to better serve economy, UN trade agency says
Business|Economy|Finance|World

India's Q2 GDP growth likely stayed firm on strong domestic demand

India's economy likely stayed resilient in the July–September quarter, driven by consumer demand and front-loading of production and

India's Q2 GDP growth likely stayed firm on strong domestic demand
Business|Economy|Finance|Political|Stock Markets|World

Japan finalises $117 billion extra budget to fund stimulus, mostly via debt

Japanese Prime Minister Sanae Takaichi's government on Friday finalised a $117 billion supplementary budget for this financial year to fund a massive stimulus

Japan finalises $117 billion extra budget to fund stimulus, mostly via debt
Business|Economy|Finance|Stock Markets|US

Major brokerages boost bets on December Fed rate cut ahead of policy meeting

BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S.

Major brokerages boost bets on December Fed rate cut ahead of policy meeting
Business|Economy|Europe|Finance|World

JPMorgan to build multi-billion pound tower in London's Canary Wharf

JPMorgan Chase & Co will build a tower in London's Canary Wharf financial district, unveiling plans on Thursday to invest billions of pounds on the heels of a budget

JPMorgan to build multi-billion pound tower in London's Canary Wharf
Business|Economy|Europe|Finance|Political|World

UK's Reeves fights criticism that she raised taxes to fund welfare

British finance minister Rachel Reeves fought back on Thursday against criticism that she was raising the tax burden to a post-World War Two high to

UK's Reeves fights criticism that she raised taxes to fund welfare
Asia|Business|Economy|Finance|Stock Markets|World

South Korea exports seen rising in November on tech demand, US trade deal: Reuters poll

South Korean exports likely grew in November as technology demand remained robust and uncertainty was cleared following a trade deal with the U.S., a Reuters poll showed

South Korea exports seen rising in November on tech demand, US trade deal: Reuters poll
Business|Economy|Finance|World

UK OBR downgrades 2026 growth forecast to 1.4%

Britain's economy is forecast to grow by 1.4% next year, according to estimates by the country's budget watchdog published on its website on Wednesday ahead of finance minister

UK OBR downgrades 2026 growth forecast to 1.4%
Business|Economy|Finance|Stock Markets|US

US core capital goods orders and shipments soar in September

New orders for key U.S.-manufactured capital goods surged in September and shipments of these goods increased solidly, cementing economists' expectations that economic growth

US core capital goods orders and shipments soar in September
Arts|Asia|Business|Economy|Environment|Lifestyle|World

Pets, anime and toys are part of China's latest effort to boost consumption

China unveiled a plan to boost consumption in the world's second-largest economy, detailing measures that include promoting upgrades of consumer goods in rural areas and sectors

Pets, anime and toys are part of China's latest effort to boost consumption
Business|Economy|Finance|Stock Markets|World

Sri Lanka central bank holds interest rate steady ahead of budget, IMF review

Sri Lanka's central bank kept its policy interest rate unchanged on Wednesday as it awaited approval of the country's budget and the latest loan review from the

Sri Lanka central bank holds interest rate steady ahead of budget, IMF review
Business|Economy|Finance|Stock Markets|US

US retail sales growth cools; consumer sentiment sags amid job market worries

U.S. retail sales increased less than expected in September, suggesting consumer fatigue amid higher prices because of tariffs, though the moderation did not

US retail sales growth cools; consumer sentiment sags amid job market worries
Business|Economy|Finance|Health|Stock Markets|US|World

US retail sales rose slightly in September, adding to months of big gains

Sales at U.S. retailers and restaurants rose slightly in September as resilient consumers moderated their spending after splurging over the summer

US retail sales rose slightly in September, adding to months of big gains
Business|Economy|Environment|Finance|Stock Markets|World

Oil falls as Ukraine signals support for framework of Russia peace deal

Oil prices settled over 1% lower on Tuesday after Ukraine hinted that an intense diplomatic push by the U.S. administration to end Russia's war against it could be

Oil falls as Ukraine signals support for framework of Russia peace deal
Business|Economy|Political|World

Britain's unpopular government prepares a high-stakes budget and hopes for growth

Britain’s Labour Party government is set to deliver a high-stakes budget aimed at fixing public finances and boosting economic growth

Britain's unpopular government prepares a high-stakes budget and hopes for growth
Business|Economy|World

Global ambitions behind yuan's steady rise

The yuan has shrugged off a trade war, slow growth, rock-bottom interest rates and a slump in foreign investment, to head for its sharpest annual gain since the pandemic year of 2020.

Global ambitions behind yuan's steady rise
Business|Economy|Finance|Stock Markets|World

Fed's Logan calls for holding rates steady 'for a time'

Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold "for a time" while the central bank assesses how much of a brake the current

Fed's Logan calls for holding rates steady 'for a time'
Business|Economy|Finance|World

Thai government says stimulus will lift GDP in Q4 but strong baht remains a concern

Thailand's economic stability is underpinned by strong financial and fiscal fundamentals, and government stimulus measures will

Thai government says stimulus will lift GDP in Q4 but strong baht remains a concern
Business|Economy|Finance|World

Trump's big bill will boost growth but impact muted by Fed interest rates, research shows

The Trump administration's mammoth fiscal legislation will boost economic growth next year, but the impact will be partially undercut by Federal Reserve

Trump's big bill will boost growth but impact muted by Fed interest rates, research shows
Business|Economy|Finance|Stock Markets|US

US filings for jobless benefits remained in historically healthy range during government shutdown

New U.S. jobless claim applications fell last week, remaining within the healthy range of recent years, according to the government’s first weekly layoffs data since before the government shut down on Oct. 1

US filings for jobless benefits remained in historically healthy range during government shutdown
Business|Economy|Finance|Stock Markets|Technology

AI is about to face an enormous test. The market is already nervous

AI is about to face an enormous test. The market is already nervous

AI is about to face an enormous test. The market is already nervous
Economy|Europe|Political|World

'Five minutes away from one-party dictatorship': Georgia's U-turn from Western path

Just over a year ago, a diverse array of opposition coalitions jockeyed for votes in Georgia’s parliament, with four of them winning seats.

'Five minutes away from one-party dictatorship': Georgia's U-turn from Western path
Business|Economy|Europe|Finance|World

Fitch lifts Greece's rating on strong fiscal position

Global ratings agency Fitch upgraded Greece's long-term foreign-curency issuer default rating by a notch to "BBB" on Friday, reflecting the country's strong budget performance and debt

Fitch lifts Greece's rating on strong fiscal position
Business|Economy|Political|World

UK's commitment to fiscal rules crucial for credit rating, Fitch says

The UK government's commitment to its own fiscal rules to balance the budget by 2029/30 remains vital for the country's AA- credit rating, credit agency Fitch said.

UK's commitment to fiscal rules crucial for credit rating, Fitch says
Business|Economy|Europe|World

Euro zone industrial output weak but skewed by Ireland, data shows

Euro zone industrial production rose far less in September than economists had predicted, though the big economies fared well and the shortfall was due to volatility among big

Euro zone industrial output weak but skewed by Ireland, data shows
Business|Economy|Political|World

Japan to pledge bold spending increase in stimulus package, draft shows

Japan's government will pledge to increase spending "without hesitation" to support an economy on the cusp of emerging from stagnation, according to a draft of

Japan to pledge bold spending increase in stimulus package, draft shows