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Economy

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Consumer 'depression' mounts over uncertain economy

Telegraph.co.uk - ‎1 hour ago‎
Consumer confidence fell to a 15-month low in April as optimism about the UK economy faded ahead of the EU referendum. GfK's latest confidence barometer dipped into negative territory for the first time since December 2014 as cautious households said ...
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US economy grows at slowest pace in two years as Obama defends legacy

The Guardian - ‎4 hours ago‎
The news of disappointing GDP growth from January to March came as Barack Obama defended his economic legacy. “I actually compare our economic performance to how, historically, countries that have wrenching financial crises perform,” Obama told the ...
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US economy grinds to near-halt

Telegraph.co.uk - ‎19 hours ago‎
The US economy has slowed to its weakest pace in two years, as plunging oil prices and global anxiety brought growth to a near standstill.
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Looming EU vote posing risk to British economy, Mark Carney says

The Guardian - ‎17 hours ago‎
“Risks around the referendum are the biggest risks facing the UK economy, we have contingency planning to decrease the potential impacts of uncertainty.

Americans' confidence in economy at 2016 low

CNNMoney - ‎15 hours ago‎
In fact, people's perceptions of the economy haven't been this poor since late August when stock markets around the world were crashing and there were fears China might be slipping into a deep downturn.
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Mortgage Rates: Houses And Cheap Loans To The Economy's Rescue

Forbes - ‎14 hours ago‎
And there's more unhappy news. Today we got a first look at the economy's 2016 performance and it wasn't good. U.S.

US Economy Grows By Just 0.5% In First Quarter

Sky News - ‎17 hours ago‎
Consumer spending, which accounts for 70% of economic activity, grew by just 1.9% in the first three months of 2016 - down from the 2.4% growth seen in the final quarter of last year.
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BOJ throws curve ball, Japan economy could strike out

CNBC - ‎14 hours ago‎
BOJ Governor Haruhiko Kuroda suggested in multiple conversations at international media events that he has additional options available to turn around the Japanese economy. While a few firms notably expected no action, many BOJ watchers around the ...
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China's economy and financial markets: Reforms and risks

Brookings Institution - ‎17 hours ago‎
Chairman Shea, Vice Chair Bartholomew, and honorable members of the Commission, thank you for the opportunity to share with you my views on the status of market-oriented economic reforms in China, with particular emphasis on financial market reforms ...
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Davidson accuses opponents of failing to boost economy

Herald Scotland - ‎21 hours ago‎
RUTH Davidson has accused rival parties of failing to pledge action that would create jobs and boost the economy. The Scots Tory leader backed comments by Liz Cameron, the chief executive of Scottish Chambers of Commerce, who said economy was "on ...
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Shut up with the 'sharing economy'

CNBC - ‎14 hours ago‎
If I hear one more pitch about a product or service taking advantage of "the sharing economy," I'm going to shoot a hole right through my Uber app.
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What Billionaire George Soros Gets Wrong About the Chinese Economy

Fortune - ‎Apr 27, 2016‎
Legendary investor George Soros recently delivered new warnings on China, saying that the world's second largest economy is facing a financial crisis similar to the U.S. in 2008. His remarks double down on his earlier comment that a hard landing for ...
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Clinton Attacks the Obama Economy

Wall Street Journal - ‎20 hours ago‎
Mr. Henninger adds that the success of the Trump candidacy is entirely based on “two terms of weak, anxiety-producing economic growth under Barack Obama.” So this week, more than seven years into an economy presided over by her former boss, Mrs.
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Trump is a 'pragmatist' on economy, says Carl Icahn

CNNMoney - ‎11 hours ago‎
Famed investor Carl Icahn has dumped all of his Apple stock, but he's bullish on Donald Trump. Icahn was an early backer of Trump's bid for the White House.
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LATAM Airlines, Cutting Capacity in Brazil to Cope With Weak Economy, Unveils New Image

Wall Street Journal - ‎13 hours ago‎
SÃO PAULO—LATAM Airlines Group is cutting capacity in Brazil, its biggest market, to cope with the country's struggling economy, but nevertheless unveiled on Thursday its first brand update since the 2012 merger that created Latin America's largest ...

Nobody is exactly sure what just happened to the world's largest economy

Quartz - ‎17 hours ago‎
The world's largest economy grew at a piddling 0.5% annualized rate in the first three months of 2016, according to just released numbers from the US Bureau of Labor Statistics.

San Diego's Economy Gets Good News

KPBS - ‎7 hours ago‎
"It is the fifth time in six months that the index has been up, so that portends some good news for the local economy.

US economy stalls in Q1 amid broad weakening

The Hindu - ‎12 hours ago‎
U.S. economic growth braked sharply in the first quarter to its slowest pace in two years as consumer spending softened and a strong dollar continued to undercut exports, but a pick-up in activity is anticipated given a buoyant labour market.
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Fragile economy forces Iran's top leaders to form alliance

Reuters UK - ‎15 hours ago‎
But now, after having achieved a nuclear deal with the West, both leaders have a vested interest in setting aside their differences to secure their political futures and turn the economy round. "Rouhani's political career depends on this issue. If he ...
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