Economy Financial News

08.01 / 17:05

Waves CEO economy Election consequences rights BMO CEO says Canadian businesses facing more uncertainty than U.S. counterparts

The Bank of Montreal’s high reliance on business in the United States allowed chief executive Darryl White to get a good whiff of the uncertain economic environment south of the border about a year ago prior to the election and cuts in interest rates.

08.01 / 16:45

markets UPS economy show Department US applications for jobless claims fall to 201,000, lowest level in nearly a year

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs

08.01 / 16:45

UPS Target Cooper Progressive economy Remark trump tariffs Top Fed official backs new rate cuts even if Trump tariffs materialize

A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs

08.01 / 15:03

UPS Target Cooper Progressive economy Remark How Trump’s tariff threats might impact the U.S. Fed’s interest rates

A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated inflation and the prospect of widespread tariffs under the incoming Trump administration.

08.01 / 12:51

markets Waves Entertainment Strategy economy country information ICEA's TruthTell Hackathon sees 36% of its applications from women

ICEA)'s TruthTell Hackathon is a collaborative initiative with the Ministry of Information & Broadcasting catering to real time misinformation detection in live broadcasts. It aims to bring together top talent in artificial intelligence, machine learning, and natural language processing to develop real-time tools for detecting and flagging misinformation.

08.01 / 11:03

markets UPS economy Nikkei Trade reports Stock market today: Asian shares slip after Wall St slumps despite strong US economic data

Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

08.01 / 11:01

UPS Waters Mobile economy Trade reports China expands consumer subsidies to boost spending as tariff risk looms

Subscribe to enjoy similar stories. China is widening the scope of its consumer goods trade-in program this year, as Beijing intensifies efforts to convince cautious households to spend as rising external uncertainties threaten exports’ ability to prop up economic growth. The National Development and Reform Commission, China’s top economic planner, said Wednesday that the government will include more products in its home appliance trade-in program in 2025, extending state subsidies to microwave ovens, water purifiers, dishwasher and rice cookers.

08.01 / 08:35

Manufacturing Software economy Trade War country rowing Raghuram Rajan: How emerging economies can prosper in a protectionist world

Subscribe to enjoy similar stories. As apprehensions grow in China, Europe and Japan about a possible trade war triggered by the incoming Trump administration, one should also spare a thought for developing countries. Their tried-and-tested method of expanding beyond agriculture to achieve middle-income status has been to embrace low-skilled export-oriented manufacturing.

08.01 / 05:33

markets Digital Strategy economy Election wellness Golf Trump announces $20 billion US investment by Emirati businessman

Donald Trump on Tuesday announced a $20 billion investment for data centres in the United States by an Emirati company led by billionaire Hussain Sajwani, a close business partner of the Trump family. The investment by DAMAC Properties in the United Arab Emirates is intended to highlight Trump's personal ability to attract new money for big projects. The announcement follows a pledge made last month by the Japanese billionaire investor Masayoshi Son, while at Trump's side, to invest $100 billion in the United States.

08.01 / 05:11

UPS Provident economy Experts country International The billionaire mining magnate who bet coal had a future—and won big

Subscribe to enjoy similar stories. TABANG, Indonesia—Deep in Indonesian Borneo, workers laid asphalt on a new 60-mile road being built to transport coal from mines that have never been busier. At one end of the road, crews built a 40-foot-high conveyor belt that whisks the coal over swampland to a new jetty on the Mahakam River.

08.01 / 05:11

Target security economy Remark Trade reports Investigations Xi Jinping muzzles Chinese economist who dared to doubt GDP numbers

Subscribe to enjoy similar stories. At a Washington forum last month, a prominent Chinese economist raised doubts about Beijing’s economic management and said China’s economy might have grown at less than half the roughly 5% pace flaunted by authorities. When Xi Jinping found out, he was furious.

08.01 / 04:21

UPS security economy Trade President reports US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia

President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade and investment has irked Washington's closest ally in Asia

08.01 / 02:21

UPS Strategy economy Research Universities cover innovations How the Gulf’s rulers want to harness the power of science

Subscribe to enjoy similar stories. Bayt al-Hikma, or the House of Wisdom in Baghdad, emerged in the ninth century—even before the Accademia dei Lincei in Rome, widely considered the first academy of sciences. The Banu Musa brothers, sons of an astronomer in Baghdad, created the first machine with a stored program there and scientific textbooks from the institute were translated and made their way to Europe.

08.01 / 01:43

Strategy economy President show audience 2020 reports The global EV calamity

Subscribe to enjoy similar stories. The years just keep getting warmer. I mean this facetiously.

07.01 / 23:53

markets Digital ETF economy MicroStrategy Trade Bitcoin Bitcoin Tumbles As Positive Job Market Numbers Dim Hopes for Rate Cuts

Bitcoin (BTCUSD) tumbled Tuesday after better-than-expect labor market data underscored the strength of the U.S. economy, dimming hopes that the Federal Reserve will cut interest rates.

07.01 / 19:53

markets Digital Strategy economy Experts PAM International India likely to grow at slower clip of 6.4%, say First Advance Estimates for FY25

07.01 / 15:21

markets Strategy economy Trade country Department US trade deficit widens in November on imports jump

Donald Trump's return to the White House.

07.01 / 14:07

markets Digital Platform economy Browser social Investigations UK competition watchdog prepares to investigate tech giants under new rulebook

Subscribe to enjoy similar stories. The U.K. competition regulator said it would open investigations into at least three types of tech platforms at the start of this year to work out which tech giants need to obey a new law governing the digital economy.

07.01 / 13:15

markets Digital Platform economy performer social reports Are you an SBI customer? Here’s how new chairman C.S. Setty plans to improve your banking experience

Subscribe to enjoy similar stories. Mumbai: Standup comedian and graphic designer Kajol Srinivasan wasn’t laughing after an interaction with the manager of a State Bank of India (SBI) branch in Mumbai a couple of months ago. She had arrived at the bank armed with a certificate from a doctor proving that her mother was alive.

07.01 / 13:01

Waves economy Election pandemic country Updates What Trudeau's resignation will mean for Canada's economy

Justin Trudeau says he will step down as prime minister once a new leader of the Liberal Party is selected, ending months of speculation.

07.01 / 09:51

markets FIVE economy wellness performer track Market valuations to Trump 2.0: What Prashant Jain is telling his investors

Subscribe to enjoy similar stories. MUMBAI : Before joining the mutual fund industry in 1991, Prashant Jain took a civil service exam. He answered one question.

frequently asked questions about economy

What is economy and why is it important?

Economy is a significant category 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 new posts about economy can be found in the special selection. We publish information regularly.

How can I verify the accuracy of information on economy?

We consult with professionals to ensure that the information about economy is well-supported and informative for our readers.