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Economics

Double dip New Zealand recession confirmed

by Anas Siddiqui
Double dip New Zealand recession confirmed

New Zealand is enduring a double-dip recession, with GDP figures confirming another quarter of contraction to close out 2023. The country’s official data agency, Stats NZ, revealed on Thursday that …

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Canada’s annual inflation rate slowed to 2.8% in February

by Anas Siddiqui
Canada’s annual inflation rate slowed to 2.8% in February

Business·Breaking Canada’s annual inflation rate slowed to 2.8 per cent in February, according to Statistics Canada. Economists had expected uptick after rate dipped to 2.9 per cent in January Jenna …

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Opinion | Asian economies must go green to keep their competitive edge

by Walter Watson
Opinion | Asian economies must go green to keep their competitive edge

Asian countries which are unable to comply with such regulations may struggle to partake in international trade. At worst, this could impede their gross domestic product growth and economic trajectory. …

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What’s Behind the Bitcoin Price Surge? Vibes, Mostly

by Anas Siddiqui
What’s Behind the Bitcoin Price Surge? Vibes, Mostly

The latest surge in the price of bitcoin is increasing the clamor around it, says Dal Bianco, drawing in yet more speculators and creating a “self-reinforcing cycle.” Likewise, when collective …

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IIM Kashipur Doctoral Program 2024 Admissions Begin, Last Date To Apply 31 March

by Judith Hall
IIM Kashipur Doctoral Program 2024 Admissions Begin, Last Date To Apply 31 March

Home Education Admission Alert: IIM Kashipur Doctoral Program 2024 Admissions Begin, Last Date To Apply 31 March The gender diversity percentage for the batch is 27.8% females and 72.2% males. …

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Test for consumer sector as optimism creeps back in

by Anas Siddiqui
Test for consumer sector as optimism creeps back in

Household budgets are still under pressure but green shoots of optimism are starting to sprout in the consumer sector. Consumer confidence as measured in weekly and monthly surveys has been …

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These 5 Economic Trends Will Drive Consumer Spending in 2024

by Anas Siddiqui
These 5 Economic Trends Will Drive Consumer Spending in 2024

Opinions expressed by Entrepreneur contributors are their own. Spring is just around the corner, promising a thaw not just in the weather but also in household spending. Consumers will be …

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Rork Projects collapses after ‘tsunami of impossible economic conditions’ leaving workers in limbo

by David Johnson
Rork Projects collapses after ‘tsunami of impossible economic conditions’ leaving workers in limbo

A major Australian building and construction group spanning four states has collapsed, with the director blaming “impossible” economic conditions and building costs for the company’s downfall. Rork Projects, which describes …

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US Federal Reserve-favoured inflation gauge seen rising most in a year

by Anas Siddiqui
US Federal Reserve-favoured inflation gauge seen rising most in a year

Underlying US inflation probably rose in January by the most in a year, as tracked by the Federal Reserve’s preferred metric, highlighting the long and bumpy path to taming price …

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Bosses worry on sticky inflation as wages, utilities and costs of doing business rise

by Anas Siddiqui
Bosses worry on sticky inflation as wages, utilities and costs of doing business rise

Higher wages bills are top of company bosses’ lists of growing costs that they say will likely dent revenue and profit over coming months. Official wages rose for the third …

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