Economic
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New Zealand central bank says economic recovery picking up
[AUCKLAND] Early indicators suggest the economy had been expanding during the second half of this year and demand had stabilised, Reserve Bank of New Zealand Governor Christian Hawkesby told a…
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China Hits Japan With Economic Shockwave As Taiwan Row Boils Over
China has unleashed a sweeping economic retaliation against Japan after Prime Minister Sanae Takaichi’s recent comments on Taiwan triggered one of the sharpest diplomatic clashes between the two countries in…
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Trump Economic Adviser Insists ‘Purchasing Power Has Gone Up’ as Families Drown in Bills
Donald Trump’s director of the National Economic Council, Kevin Hassett, has faced significant criticism after claiming that purchasing power has risen under the administration. He made the remarks during a…
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Economic Red Alert: 23 US States Are Slipping Into Recession
America’s vaunted economic resurgence under US President Donald Trump appears to be fragmenting, as an alarming 23 states, according to Moody’s Analytics chief economist Mark Zandi, are now in or…
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Latino Businesses Drove Major Economic Gains With Near-$120 Billion in Output Last Year: Report
Latino-owned certified minority businesses in the United States generated $117.3 billion in revenue in 2024 and supported 372,300 jobs, according to the National Minority Supplier Development Council (NMSDC) Furthermore, the…
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Fed Poised To Hold Interest Rates Steady As Economic Pressures Ease
The Federal Reserve building is seen in Washington, DC. The Federal Reserve is expected to pause further interest rate cuts this year as the U.S. economy shows signs of steadying…
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US fourth-quarter GDP could be negative if shutdown drags on, White House economic adviser says
[WASHINGTON] US economic growth in the fourth quarter could be negative if a federal shutdown drags on, White House economic adviser Kevin Hassett said in an interview that aired on…
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US: Wall Street ends lower on tech valuations, economic jitters
[NEW YORK] US stocks closed in negative territory on Thursday, with a resumption of Tuesday’s tech selloff as investors contended with mounting economic uncertainty and stretched valuations. All three major US equity…
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Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed earnings and disappointing key economic data. The pan-European Stoxx 600 slipped 0.7…
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US: Wall Street opens lower as investors assess corporate earnings, mixed economic data
[NEW YORK] Wall Street’s main indexes opened lower on Thursday (Nov 6), as investors digested a slate of corporate earnings, while concerns around US tariffs, surging valuations and mixed economic…
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Ignoring Long COVID and Neurodivergence Is an Economic Disaster
As our global economy teeters on the edge of a productivity collapse, ignoring the intersection of Long COVID and neurodivergence is reckless. On September 22, President Donald J. Trump and…
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Audi cuts outlook on intense competition, economic woes
[INGOLSTADT, Germany] Volkswagen’s Audi Group walked back its financial targets for the year because of “intense” competition and economic challenges including tariffs in the US. The sub-division, comprising the Audi,…
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Australia Tables Historic Environmental Reform Legislation Promising Economic Boost and Conservation Balance
SUMMARY POINTS: LEGISLATIVE DEVELOPMENTS: Australian government introduced seven-part Environment Protection Reform Bill 2025 into parliament on Thursday, October 30, comprising approximately 1,500 pages of comprehensive legislative changes to the nation’s…
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Japan Inflation Rises As New PM Eyes Economic Package
Japanese inflation accelerated last month, official data showed Friday, ahead of a maiden policy speech by new Prime Minister Sakae Takaichi who has promised to ease pressure on households. Takaichi’s…