Economy Financial News
03.11 / 16:33
FIVE
economy
Tesla
show
reports
Department
Wall St climbs as weak jobs data cements rate-pause bets
By Amruta Khandekar and Shristi Achar A
03.11 / 16:21
markets
Analysis
economy
Opinion
Bitcoin
Time
Opinion: With Bitcoin’s halving months away, it may be time to go risk-on
More tradition than coincidence, the Christmas season is around the corner again and the market is looking good for yet another run. Bitcoin (BTC) surged to more than $35,000 in October, another record high for 2023. The year-long rally has been attributed to unconventional market trends, including excitement over the Bitcoin spot ETF applications pending with the Securities and Exchange Commission.
03.11 / 16:14
Provident
Digital
Strategy
economy
innovations
recommendations
committee
Greece Establishes High-Level Advisory Committee for Artificial Intelligence Strategy
Kyriakos Mitsotakis, the Prime Minister of Greece, made theannouncement on the establishment of a High-Level Advisory Committee for Artificial Intelligence (AI) on October 19, 2023. The purpose of this group is to get Greece ready for the tremendous breakthroughs that are happening in artificial intelligence technology and its applications. This decision comes at a time when the European Union is in the midst of passing its Artificial Intelligence Act, which will be applicable to all 27 member states of the European Union, including Greece.
03.11 / 16:11
03.11 / 16:11
economy
Coronavirus
pandemic
show
reports
Department
shock
end
Cooling US job market boosts case for end of Fed rate hikes
By Ann Saphir and Howard Schneider
03.11 / 16:11
economy
Department
US employers tighten hands adding 1,50,000 jobs in October, unemployment rate rises
job growth. The strikes are over for now as the workers reached a temporary settlement with the companies that promised them better pay and benefits. The employment figures still look promising as they helped the US maintain its strong position and played a significant role in bolstering consumer spending.
03.11 / 16:11
03.11 / 15:11
economy
pandemic
show
2020
Department
Unemployment among Hispanic workers rises at faster pace in October than overall rate
The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.', according to data released Friday by the Department of Labor.
03.11 / 14:31
Citi
Waves
FIVE
economy
show
country
2020
Posthaste: Here's how much mortgage pain is coming down the pipe for Canadians
Bank of Canada governor Tiff Macklem told Senators this week that part of the reason the central bank held rates in October was because of the effect the coming wave of mortgage renewals is expected to have on the economy.
03.11 / 14:31
Provident
Target
economy
Nov
CIBC
country
Plateauing Canada's immigration levels 'step in the right direction,' say economists
Prime Minister Justin Trudeau’s government’s decision to not increase its immigration targets this week is being described as a step in the right direction by economists, but they’re urging Ottawa to provide more insight on how they plan to deal with the steep rise in the number of temporary residents.
03.11 / 14:31
FIVE
Manufacturing
economy
awards
show
social
reports
Live news: 3 Scotiabank executives leave in latest management shakeup
United States job growth slowed in October by more than expected and the unemployment rate rose to an almost two-year high of 3.9 per cent, indicating that employers’ strong demand for workers is beginning to cool.
03.11 / 14:23
economy
Experts
show
reports
week
10-year US Treasury yields hit 5-week lows as jobs gains disappoint
Treasury yields fell to five-week lows on Friday and two-year yields were the lowest since early September after data showed that U.S. job growth slowed more than expected in October. Nonfarm payrolls increased by 150,000 jobs last month, below economists expectations for 180,000 job gains.
03.11 / 14:23
IPO
FIVE
Man
Career
economy
innovations
reports
Career choice: Tech gold rush seems to be over. Where is the next one to make a lot of money?
The number is the amount you need to earn before you turn 40 so you never have to work again. This man, who was about my age, was close to his number. The economist in me, who finds markets fascinating but was then a poor graduate student, saw this as a warning sign: If an industry is paying high salaries to people who aren’t great at what they do, then something is wrong.
03.11 / 14:15
Citizens
Progressive
Gap
economy
pandemic
show
blues
Be Careful: Job and Retail Sales Data Are Always Good Until They Aren’t
How does a recession happen?
03.11 / 14:15
Provident
Manufacturing
economy
show
social
reports
Department
U.S. adds 150,000 jobs in October, less than expected
Investing.com -- U.S. job growth slowed sharply in October, possibly boosting expectations that the Federal Reserve may hold off on any further interest rate hikes this year.
03.11 / 14:03
Manufacturing
economy
country
information
reports
Canada’s job market is ‘softening’. What that could mean for interest rates
unemployment rate ticked up to 5.7 per cent in October, up from 5.5 per cent in September. The country added 18,000 jobs in the month, less than the 64,000 positions added in September.Full-time employment fell by 3,300 positions in October, with 20,800 jobs gained in part-time work.Construction and the information, culture and recreation sectors saw gains in October, but that was offset by dropoffs in manufacturing and wholesale and retail trade.Average hourly wages were up 4.8 per cent annually, down slightly from the month before.October marks the fourth time in six months the unemployment rate has risen in Canada, despite employers largely expanding their payrolls since the start of the year.
03.11 / 13:53
Reuters
Fighting
Mobile
economy
Battlefield
track
reports
Vladimir Putin says some Western weapons for Ukraine are ending up in the Taliban's hands
Vladimir Putin said on Friday that some Western weapons supplied to Ukraine were finding their way to the Middle East through the illegal arms market and being sold to the Taliban. «Now they say: weapons are getting into the Middle East from Ukraine. Well of course they are because they are being sold,» Putin said.
03.11 / 13:03
economy
outbreak
shock
Goldman Sachs says the Israel-Hamas war could have major implications for Europe's economy
The Israel-Hamas war could have a significant impact on economic growth and inflation in the euro zone unless energy price pressures remain contained, according to Goldman Sachs.
03.11 / 12:59
Provident
economy
reports
Department
US job growth cools sharply in October as economy adds just 150K payrolls
FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'
03.11 / 12:53
03.11 / 12:53
Provident
Aware
economy
Align
Metro
innovations
Group 108 to set up Rs 1000-cr IT/ITES project in Noida
Real estate developer Group 108 has announced the launch of their latest venture, ONE FNG, a cutting-edge IT/ITES project. With a focus on innovation, sustainability, and an investment of approximately Rs 1000 crore, ONE FNG is set to revolutionize Noida’s commercial landscape.
frequently asked questions about economy
What is economy and why is it gaining attention?
Economy is a high-demand area that draws public attention. On our site, we regularly publish updates related to this subject.
Where can I find the latest updates on economy?
All recent news about economy can be found in the highlighted block. We publish information in a timely manner.
How can I verify the accuracy of information on economy?
We rely on trusted sources to ensure that the information about economy is reliable and helpful for our readers.
