Crypto Stocks Are Heating Up
At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.
British economy flatlines in 3rd quarter in another blow to new Labour government
LONDON (AP) — flatlined in the third quarter of the year, according to downwardly revised official figures Monday, in another blow to the new Labour government that has made growth its number one mission.
China raises its estimate for the size of its economy in 2023
BANGKOK (AP) — China's economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday.
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Stock market today: Asian shares are mixed ahead of key US inflation data
HONG KONG (AP) — Asian shares were mixed Friday as markets awaited U.S. personal spending data for November that are due later in the day.
Bank of England set to keep UK interest rates on hold despite paltry economic growth
LONDON (AP) — The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target rate, even though the British economy is flatlining at best.
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China signals it's prepared to double down on support for the economy as Trump tariffs loom
BANGKOK (AP) — Chinese leaders met this week to plot economic policy for the coming year, to raise government spending and relax Beijing’s monetary policy to encourage more investment and consumer spending.
Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints
HONG KONG (AP) — Asian shares fell on Friday, tracking Wall Street's decline in response to potentially on .
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At the center of this transformation is a game-changing platform that's experiencing explosive growth with $41 million in revenue in just nine months. The stock has doubled in the last 45 days, but this is only the beginning.
Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says
BANGKOK (AP) — Myanmar’s economy is forecast to contract this year, the World Bank said Wednesday, as flooding and fighting take a severe toll nearly four years after the military ousted its elected government headed by Aung San Suu Kyi.
Argentina's Milei marks one year in office. Here's how his shock measures are reshaping the economy
BUENOS AIRES, Argentina (AP) — When assumed office one year ago, Argentine supermarkets were marking price increases on an almost daily basis. Middle-class families tried to spend their rapidly depreciating pesos as quickly as they got them, and economists warned the country was teetering on the brink of hyperinflation.
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US hiring likely rebounded last month after storms and strikes curtailed October job growth
WASHINGTON (AP) — Hiring in the United States likely rebounded last month from a dismal October, when hurricanes and strikes reduced job growth to its lowest level in nearly four years.
Why Trump and the Federal Reserve could clash in the coming years
WASHINGTON (AP) — President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households.
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South Korea's central bank cuts a key rate to nurse a slower economy
SEOUL, South Korea (AP) — South Korea’s central bank on Thursday lowered its key policy rate for the second straight month and said the country’s economy will grow at a slower pace than it initially anticipated.
Number of Americans filing for jobless benefits falls again and hovers near 7-month lows
The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows.
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The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
WASHINGTON (AP) — has big plans for the economy — and a that will be a hurdle to delivering on them.
Retail sales up solidly in October as Americans showed continued willingness to spend
WASHINGTON (AP) — U.S. retail sales rose last month at a healthy pace in the latest sign that consumer spending is driving the economy's steady growth.
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Powell says Fed will likely cut rates cautiously given persistent inflation pressures
WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's officials want to see where it heads next.
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
WASHINGTON (AP) — Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure.
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Stock market today: Asian shares gain after US Fed cuts interest rates
HONG KONG (AP) — Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on the economy.
Czech central bank cuts key interest rate to 4% as inflation stays low
PRAGUE (AP) — The Czech Republic’s central bank on Thursday cut its key interest rate for the eighth time in a row as inflation remains low and as the economy is making a slow recovery.
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Final jobs report before election will likely offer a blurred view of labor market
WASHINGTON (AP) — Americans on Friday will get their last major look at the state of the U.S. economy — the October jobs report — just four days before Election Day. The view, though, is likely to be that left many workers temporarily off payrolls.
Stock market today: Asia shares decline as investors await earnings, US elections and economic data
TOKYO (AP) — Asian shares mostly declined Thursday as investors grappled with uncertainty ahead of the on Nov. 5.
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Yellen says isolationism 'made America and the world worse off' in speech to global finance leaders
WASHINGTON (AP) — Treasury Secretary is telling world financial leaders that the U.S. economy has grown stronger because the Biden administration rejected isolationism, offering a barely veiled criticism of former President Donald Trump’s policies two weeks before .
Israel's war against militants is expensive. Paying the bill could force tough choices
On top of the grievous toll in human life and misery, against the and militant groups has been expensive, and the painfully high financial costs are raising concerns about the long-term effect of the fighting on .
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China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
HONG KONG (AP) — China's economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter, the government said Friday.
Ahead of the presidential election, small biz owners are growing more uncertain about the economy
NEW YORK (AP) — Small business owners are growing more uncertain about the economy ahead of the presidential election and are reining in spending, according to a new survey.
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Germany's economy is on track to shrink for a second straight year
BERLIN (AP) — Germany's government said Wednesday that the country's economy, Europe's biggest, is on track to shrink for a second consecutive year — underlining the unpopular administration's troubles as it heads into a difficult .
Stock market today: Asian shares climb after blockbuster US jobs report
Asian shares advanced Monday after a surprisingly raised optimism about the economy, sparking a rally on Wall Street.
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