Economy Financial News

07.12 / 16:55

FIVE Progressive economy Nov show Bank of Canada security staff prep for strike vote amid ‘stagnant’ wages

Security personnel at the Bank of Canada could walk off the job in the new year if they vote to get into strike position later this month.

07.12 / 16:33

Citi Citizens economy pandemic reports isolate gatherings Hong Kong’s return from isolation is gathering pace but a long road lies ahead

Hong Kong, a city whose blazing night skyline encircles a mystical harbour, was once the defining metaphor of a bustling Asian metropolis. Those images became visual shorthand for the rise of Asia and even the ‘Chinese Century.’ Now, all is change. For the past few months, the Hong Kong government has felt compelled to launch a ‘Night Vibes’ campaign to get more of the local population out at night.

07.12 / 15:45

Citi Provident JPMorgan economy Fallout reports Ray Dalio says green finance has to be profitable

After a particularly bad year for green investing, the founder of the world’s biggest hedge-fund firm has just set the record straight.

07.12 / 15:45

JPMorgan economy Boeing show reports testing recommendations Bond rally stalls ahead of US jobs data

The sizzling global bond rally stalled on Thursday ahead of a key U.S. jobs report, with a slump in Japanese debt adding to the nerves of Treasury traders already fretting that yields had dropped too far.

07.12 / 15:45

Provident Target Strategy economy reports 2024 Wells Fargo says 2024 will be a ‘pivotal year’ for markets and economy

Investors should be ready for a year of two halves in 2024, with a challenging first half followed by rising potential once summer arrives.

07.12 / 15:45

Citi Action economy Citigroup track Is now the time to buy quality China debt?

China’s investment-grade credit offers value and will outperform US peers in 2024 thanks to favorable technicals and higher carry, according to Citigroup Global Markets Inc.

07.12 / 15:17

economy Corporate sector needs to invest more to rebalance economy: CEA

As things stand, India's merchandise trade deficit widened to a record high in October to $31.46 billion with imports at $65.03 billion and exports at $33.57 billion, according to data from the ministry of commerce and Industry. During October 2022 the trade deficit stood at $26.31 billion, with imports standing at $57.91 billion and exports at $31.60 billion.

07.12 / 14:41

Provident Target Digital economy show guidelines EU stats office in talks with Hungary over inflation calculations

By Gergely Szakacs

07.12 / 14:39

Target FIVE Progressive Fighting economy pandemic reports Countdown to rate cuts has begun: What economists say about Bank of Canada's hold

The Bank of Canada is holding its benchmark lending rate at five per cent, but warned that it was prepared to hike rates again if necessary, adding a hawkish overtone — tinted with a “dovish undertone” — to its third consecutive hold.

07.12 / 14:39

Citi Mobile economy Death love travelers Department Traffic Death by traffic: Toronto's economy and return to office plans are choking on congestion

Giles Gherson had 20 minutes to get from his office on the Toronto waterfront to a restaurant at Yonge and Dundas for a lunch meeting. Ample time, in other words, or so the chief executive of the Toronto Region Board of Trade assumed as he settled into the back of an Uber for the short trip.

07.12 / 14:35

Reuters economy Nov show reports Department Weekly jobless claims US weekly jobless claims increase slightly

WASHINGTON (Reuters) — The number of Americans filing new claims for unemployment benefits increased less than expected last week as the labor market continues to gradually slow amid cooling demand.

07.12 / 14:13

FIVE economy Nov show reports Department fall jobless claims Filings for jobless claims tick up modestly, continuing claims fall

U.S. applications for jobless benefits ticked up last week, but the overall number of people in the U.S. collecting unemployment benefits fell after hitting its highest level in two years last week

07.12 / 13:39

Provident Target BLOCK Fox economy ADP track Christmas bonuses could be a casualty of inflation, survey finds

Carson Group chief market strategist Ryan Detrick discusses whether the stock market will see good returns in an election year on Making Money.

07.12 / 12:57

Provident economy BURST show reports Department November jobs report may show cracks emerging in the labor market

FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'

07.12 / 12:57

Reuters economy Nov country 2020 reports Low Gas prices hit 11-month low just in time for the holidays

GasBuddy head of petroleum analysis Patrick De Haan says the national gas price average is falling and could hit the cheapest Thanksgiving prices since 2020 on 'Varney & Co.

07.12 / 12:57

Fox economy show cover reports travelers Costs Nearly a third of Americans working overtime to afford holiday costs: survey

Gen Z shoppers are the least likely to splurge this holiday season, but many say the economy is to blame.

07.12 / 12:56

Provident FIVE economy Yellow Gold to Take Hit if U.S. Economy Has Soft Landing, But Risks Remain, WGC Says

Gold prices are likely to take a hit if the U.S. economy achieves a so-called soft landing in 2024 and avoids a recession, despite rising inflation and interest rates this year, according to the World Gold Council. In its 2024 gold outlook, the industry body said the market is currently anticipating a soft landing for the U.S.

07.12 / 12:56

Target economy Flushing pandemic track travelers prevention The Most Important Debate on Wall Street: Is Inflation Licked?

Most of Wall Street thinks inflation has been conquered. There is a lot at stake if they are wrong. Encouraging inflation data recently propelled a big rally across markets, with a traditional portfolio of stocks and bonds last month delivering one of its best returns of the past 30 years.

07.12 / 12:56

IPO Extreme Manufacturing economy performer track 2024 budget 2024 Budget 2024: Govt will continue to incentivise manufacturing and infra, says Nimesh Chandan of Bajaj Finserv AMC

Nimesh Chandan, CIO, Bajaj Finserv Asset Management, believes the government will continue its path to incentivise manufacturing and infrastructure in the upcoming Budget. He added that a lot of clarity has emerged around election outcomes from the recent state election results. This reduces the risk of steep volatility in the markets due to political slugfest as we approach the General Elections.

07.12 / 12:52

Manufacturing economy show stage country information Oil stages small recovery as weak economic outlook lingers

By Ahmad Ghaddar

07.12 / 12:52

Provident economy show performer track country reports Dollar index falls as traders weigh Fed rate path

Investing.com — The dollar dipped in European trade on Thursday, as markets remained on edge before key U.S. labor data, while the yen appreciated as Bank of Japan Governor Kazuo Ueda offered more cues on a potential pivot away from the central bank’s ultra-dovish stance.

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