Tens of millions spent ahead of new EU fingerprint travel rules

Ports are spending millions to prepare for a new European Union border IT system amid travel delay warnings.
2024-05-28 03:07:14

How settlers took revenge for a murder in the West Bank

Israeli settlers went on a violent rampage last month, inciting and co-ordinating attacks on WhatsApp.
2024-05-27 07:08:00

German economy saw small growth in first quarter, data confirms

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2024-05-24 14:09:18

German economy saw small growth in first quarter, data confirms

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2024-05-24 10:09:09

Germany's central bank predicts economy will pick up speed in Q2

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2024-05-22 15:09:10

PM attacks Starmer on defence as election lines drawn

Rishi Sunak said Labour would not match the Tories on defence spending but Sir Keir said the party only offered chaos.
2024-05-13 17:08:16

UK economy out of recession, official figures show

The latest ONS figures show the economy is rebounding after the UK slipped into recession at the end of last year.
2024-05-10 08:08:22

Bank of England boss weighs in on UK economy row

Andrew Bailey told the BBC the recession was "mild" as figures on the economy are released Friday.
2024-05-09 19:08:13

Revenge porn video like 'house fire', reality star tells MPs

Georgia Harrison says the video makes her fearful for the future and starting a family.
2024-05-08 21:07:37

Indonesia first-quarter growth boosted by election, holiday spending

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2024-05-06 08:08:45

Slowing global economy to mean smaller revenue bump in Australian budget

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2024-05-05 15:07:48

Denmark increases defense spending in view of Russian long-term war

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2024-05-03 17:08:54

Burkina Faso army massacred 223 villagers in revenge attack - HRW

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2024-04-25 10:09:04

Jeremy Hunt defends civil service job cuts to increase defence spending

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2024-04-25 00:06:45

Hunt defends job cuts to increase defence spending

The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.
2024-04-24 23:06:42

Sunak vows to hit 2.5% defence spend target by 2030

The prime minister promises to increase UK military spending as a share of national income.
2024-04-23 16:08:42

EU lawmakers greenlight new rules to rein in national spending

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2024-04-23 14:09:10

China's economy grew 5.3% in first quarter, beating expectations

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2024-04-16 05:06:56

China's Xi calls for 'all-out' infrastructure splurge to rescue economy

China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point because of Covid lockdowns.
2022-04-27 12:08:35

China's Xi calls for 'all-out' infrastructure splurge to rescue economy

China is about to embark on a new infrastructure spending spree in a bid to fix an economy nearing breaking point because of Covid lockdowns.
2022-04-27 18:11:21

Here's what could tip the global economy into recession in 2023

The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike borrowing costs at an unprecedented clip to bring it under control.
2022-12-30 15:08:33

China's economy had a good first quarter. Lockdowns leave it 'in distress'

China's economy made a solid start to the year, recording first quarter growth that surpassed expectations. But a recent slump in consumer spending and rising unemployment suggest much tougher months ahead with dozens of cities still under Covid lockdowns.
2022-04-18 11:07:47

Economists' crystal balls are growing cloudier. But they still expect a recession

The US economy is confusing: Jobs are surging. Inflation has been cooling but still running relatively hot. Gas prices are on the rebound. Consumers keep spending, and their confidence is growing. But holiday sales were tepid. Corporate layoffs are mounting. Company earnings aren't stellar. And mortgage rates are ticking higher.
2023-02-27 08:06:24

China to spend $224 billion on its military

? The 4 men tapped to run China's economy ? City claims to have destroyed 1B pieces of personal data collected for Covid control ? US Navy reconnaissance flight over Taiwan Strait draws angry response from China
2023-03-05 19:14:10

Three takeaways from India's 'pandemic budget'

Spending has more than doubled on healthcare as the economy reels from the effects of coronavirus.
2021-02-01 13:06:01

China to hike military spending to $224 billion

China has set an official economic growth target of "around 5%" for 2023, as it seeks to revive the world's second largest economy after a year of tepid growth because of pandemic measures.
2023-03-05 19:13:54

US economy accelerates as recovery continues

The economy grew strongly in the first quarter of 2021 helped by heavy government spending on Covid aid.
2021-04-29 17:06:40

Goldman Sachs gets even gloomier on the US economy

Goldman Sachs is becoming increasingly pessimistic about the US economy as coronavirus support from the government phases out and consumer spending remains on an uncertain path.
2021-10-11 15:05:45

Apple and Amazon sales up despite rising prices

The companies are closely watched for signs of how people are spending as the economy slows.
2022-07-29 03:08:17

Americans' incomes zoomed higher at record speed in March

The economic recovery is underway and while there's still plenty of work to be done, new data on Americans' incomes shows the government's spending efforts are bearing fruit.
2021-04-30 17:05:42

Revenge travel: How vacation vengeance became a thing

As more and more countries reopen their borders to eager tourists, a trendy new phrase has emerged on social media: revenge travel.
2022-05-16 05:05:51

US economy grows at fastest pace in nearly two years

Higher wages seen in a tight jobs market have helped power consumer spending and the economy in the US.
2023-10-26 17:13:24

Americans are spending an extra $72 a month on food because of inflation

From rent and groceries to utilities, families are paying a lot more every month as they try to keep up with inflation.
2023-01-15 05:18:48

Why America's economy remains surprisingly strong -- but you don't realize it

Each week brings head-scratching contradictory news about the economy. This past week was no different, with a batch of economic reports showing that ? despite the recession talk ? the US economy shows remarkable resilience.
2022-12-23 17:09:15

Britain needs a 'booster for growth' as tax hikes threaten investment

Britain's economy needs much more investment. Business says it's unlikely to get it any time soon.
2021-12-06 02:05:52

Chinese consumers are stuck at home but still spending a ton, Alibaba says

China's economy has slumped as Covid cases surged in the world's most populous country. But Chinese consumers stuck at home are still spending.
2022-05-27 18:07:31

Boris Johnson thinks he doesn't need business. It's a huge gamble

Boris Johnson's government has just laid out its annual tax and spending plans with a clear central theme: building back better after the pandemic.
2021-10-27 23:05:52

The 'yes, but' economy. Yes, we're worried about recession ? but the economy remains resilient

Each week brings head-scratching contradictory news about the economy, and this past week was no different, with a batch of economic reports showing that ? despite the recession talk ? the US economy shows remarkable resilience.
2022-12-04 16:27:28

American factories are desperate for workers. It's a $1 trillion problem

Demand for goods is skyrocketing as the US economy reopens from the pandemic. But there's a big problem: American factories can't find enough people to do the work.
2021-05-04 22:06:41

Retail spending fell in March as consumers pull back

Spending at US retailers fell in March as consumers pulled back amid recessionary fears fueled by the banking crisis.
2023-04-14 16:07:29

UK workers suffer biggest hit to their wages since records began

UK workers have suffered the biggest drop in their spending power in more than 20 years as prices keep soaring.
2022-08-16 17:06:57

US comes in last in health care rankings of high-income countries

The US once again ranked last in access to health care, equity and outcomes among high-income countries, despite spending a far greater share of its economy on health care, a new report released Wednesday has found.
2021-08-04 07:05:46

The Fed's favorite inflation measure ticked even higher last month

America's inflation problem didn't abate in February, as another key price measure rose to a 40-year high.
2022-03-31 21:12:23

America's economy is rebounding. But it is still in a deep hole

America is emerging from the worst of the pandemic, and that will mean some eye-popping figures when the government releases economic growth data Thursday. But the big jump ? fueled by resurgent consumer spending after a year in lockdown ? will still be starting from a deep hole.
2021-04-29 13:05:41

Biden traveled to Rome looking like a President who cannot get his own house in order before he meets world leaders to reaffirm US leadership

As Democrats battle one another in Washington, cost-of-living spikes and a slowing economy are putting growing pressures on Americans and worsening the political environment that will decide the party's fate in the midterm elections.
2021-10-29 10:05:44

The US economy grew slightly more than we thought last quarter

America's economy expanded at a slightly faster pace than initially thought in the second quarter, the Bureau of Economic Analysis reported Thursday.
2021-08-26 16:05:43

Spending rose in August as gas prices fell

Another month of falling gas prices gave Americans' wallets a bit of a reprieve in August. That sent consumers back to stores last month.
2022-09-16 02:09:03

Britain is bringing back austerity. Here's why

The last time a British finance minister revealed tax and spending plans, markets went haywire and the country's prime minister ultimately lost her job. The new government is not looking for a repeat performance.
2022-11-16 17:06:53

China's economy is being rattled by the Delta variant and supply chain woes

China's economy stalled this month as the country tried to stamp out a surge in coronavirus cases and contended with the ongoing shipping crisis.
2021-08-31 12:05:42

'Do Revenge' links teen strangers on a train that runs out of steam

"Do Revenge" has all the makings of an attention-generating machine, combining a "Mean Girls" vibe with the stars of two popular teen franchises in Camila Mendes ("Riverdale") and Maya Hawke ("Stranger Things"). It's too bad the Netflix movie doesn't match those qualities, offering a mishmash of homages that's mildly diverting but can't ace the final.
2022-09-17 00:06:00

Boris Johnson's go-to economic boast obscures the painful truth

Prime Minister Boris Johnson is fond of saying the United Kingdom has the fastest growing economy in the G7.
2022-02-11 10:06:21

Boris Johnson's go-to economic boast obscures the painful truth

Prime Minister Boris Johnson is fond of saying the United Kingdom has the fastest growing economy in the G7.
2022-02-11 12:08:24

Recession warning: Some Americans are having trouble paying bills

Is America's economy already in a recession? That's a debate among central bankers, investors and economists, not to mention politicians. But one thing is clear: Some consumers, especially less affluent ones, are starting to have trouble paying their bills on time.
2022-07-23 00:07:04

The Delta variant has hit China's economy hard. Now a property crunch is looming

China's dramatic steps to contain the coronavirus this summer have taken a toll on consumer confidence in the country and are fueling concerns about the strength of the world's second largest economy.
2021-09-15 12:06:14

British pound hits a 37-year low as UK economy skids

The British pound slumped to a 37-year low on Friday after new data showed that shoppers are pulling back spending as inflation squeezes household budgets, underscoring fears that the economy may already be shrinking.
2022-09-16 16:06:14

US could rival China's economic growth for first time in decades thanks to Biden's stimulus

For decades, China's economy has grown much faster than America's. That trend is likely to be broken in 2021 as the US recovery from the pandemic gains momentum.
2021-03-12 20:05:39

Companies are spending more than ever buying their own stock. Biden wants to put a stop to that

President Joe Biden delivered a strong message to corporate executives this week in his 2023 spending plan: Share the wealth.
2022-03-30 20:28:45

China is mining much more coal again and that's boosting its factories

China's economy is finally getting some good news: Its big factories are staging a recovery as a power crunch that held back production starts to ease because of a big jump in coal supply.
2021-11-30 11:06:33

US government budget deficit increased in November

The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid increased spending and falling revenue, the Treasury Department reported Monday.
2022-12-12 22:07:18

US economy contracts again, fueling recession fears

The US economy shrank again in the second quarter, the Bureau of Economic Analysis said Thursday.
2022-07-28 20:06:32

Analysis: American recession fears collide with reality

The American economy didn't get the memo that it's supposed to already be in a recession.
2022-08-15 16:10:32

The US economy didn't get the recession memo

The American economy didn't get the memo that it's supposed to already be in a recession.
2022-08-15 23:06:31

The UK economy still hasn't recovered from the pandemic. Now it's on the ropes again

There was good news and bad in Friday's revised data about the UK economy. It grew ? marginally ? in the second quarter of the year, rather than shrinking as previously estimated.
2022-09-30 17:07:15

Two vie to replace Boris Johnson. Neither has 'a true plan' to fix its ailing economy

The two candidates jostling to become the next prime minister of the United Kingdom are making big promises about rescuing the country's economy. It won't be an easy task.
2022-07-24 11:06:06

Two vie to replace Boris Johnson. Neither has 'a true plan' to fix Britain's ailing economy

The two candidates jostling to become the next prime minister of the United Kingdom are making big promises about rescuing the country's economy. It won't be an easy task.
2022-07-24 11:06:07

Cheaper oil and Ukraine war are blowing a hole in Russia's finances

There are new signs of strain in the Russian economy as energy prices fall and nearly seven months of war in Ukraine prove increasingly costly.
2022-09-16 16:06:16


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