Economic growth News & Breaking Stories

Discover the top 10 consumer cyclical stocks to buy now, including Tesla. Learn how to maximize returns in economic cycles.

Tech giants to spend $1tn on AI, but skeptics doubt transformative potential due to high costs and limited capabilities. Will it pay off?

CPI data shows inflated shelter costs, but bond market will reveal true economic signals. Watch the price for accurate insights.

Eli Lilly to invest $5 billion in Indiana site to increase production of popular weight-loss and diabetes treatments, Zepbound and Mounjaro.

President Joe Biden urges Morehouse graduates to fight for freedom and democracy, faces criticism over Israel policy and touts administration's accomplishments.

West Virginia governor endorses Trump for 2024, criticizes Biden. Polls show support for Trump amid politically motivated indictments. Trump vows to fight.

Dow drops as Treasury yields spike, retail sales beat expectations. Goldman Sachs shines, Apple falls, Tesla faces layoffs. Geopolitical tensions rise.

Growing number of Americans urge Biden to intervene in Israel-Gaza conflict as his approval ratings drop, particularly among younger demographics.

RBI keeps interest rate at 6.5% as India's economy shows strong growth, aiming for 7% GDP growth in 2024-25.

Asian markets fell as US stock indexes closed in the red ahead of key inflation data. Indian GDP data to be released.

Mitch McConnell steps down, leaving a power vacuum in the Republican Party. Reactions range from praise to criticism over his legacy.

PM Modi completes rituals for Pran Pratishthan of Sri Ram at Ayodhya, with temple set to open, boosting tourism and economy.

S&P 500 lost 1.5% in the first trading week of 2024, ending a nine-week streak. Analysts expect rocky start to 2024.

Dallas Mavericks CEO Cynt Marshall named 2024 chair of Dallas Regional Chamber board, to lead efforts to improve quality of life.

World equity markets end November with biggest monthly rally in three years. Optimism for 2024 challenged by declining liquidity and inflation.

Get the latest on mortgage rates and find out how to save money on your mortgage in the long run.

Global equities rise and Treasury yields rebound as hopes of interest rate cuts fade, but uncertainty remains over growth and inflation.

Former premier Li Keqiang, China's top economic official for a decade, has died of a heart attack aged 68.

General Motors (GM) has increased its contract offer to a 20% wage hike for US autoworkers in a bid to avoid a strike. Ford Motor has also confirmed it offered a 20% hike and other benefits. The United Auto Workers (UAW) is demanding 40% raises and major improvements in benefits. The UAW has outlined plans for a series of strikes targeting individual auto plants if agreements are not reached. The UAW is asking for 40% raises and major improvements in benefits. A full strike would hit earnings at each affected automaker by about $400 million to $500 million per week.

WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."

"South African government dismisses rumors of Indian PM Modi's absence at BRICS summit, emphasizes importance of global cooperation and economic growth."

Experts predict mortgage interest rates will drop in late 2023.

White House spokesperson invokes Hatch Act to dodge questions on cocaine.