The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

Home Depot to face boycott over Georgia voting curbs

More On: home depot Shocking video shows 2×4-wielding suspect threaten to cut Asian man in Home Depot Hoax device meant to look like a bomb removed from Home Depot: cops Home Depot co-founder Ken Langone feels ‘betrayed’ by Trump over riots Home Depot ceiling fans recalled after reports of blades flying off Religious leaders in Georgia on Tuesday will call […]

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Peloton’s stock tanks after US agency issues ‘urgent’ safety warning

More On: peloton Photos show 6-year-old girl’s injuries after being dragged under Peloton treadmill Treadmill of terror: Horrifying moment a child gets pulled under a $4K Peloton Feds urge parents to stop using Peloton treadmill after child death Coming up short: Peloton’s height requirement leaves some users in the lurch Shares of Peloton tumbled on Monday after the US government […]

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Canada projects C$154.7 billion budget deficit in 2021-22

OTTAWA, April 19 (Reuters) – The Canadian government issued the following budget projections on Monday: 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 Budgetary balance (C$ blns) -354.2 -154.7 -59.7 -51.0 -35.8 -30.7 Percent of GDP: Budgetary revenues 13.4 14.7 14.8 14.9 15.1 15.3 Program expenses 27.9 19.7 15.8 15.4 15.0 14.9 Public debt charges 0.9 0.9 1.0 1.1 1.3 1.4 Budgetary […]

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This Is the Best County in America to Live In

Compared to the rest of the world, the United States has a relatively high standard of living. Still, in a country home to over 328 million people spanning nearly 3.8 million square miles, standards of living vary considerably from place to place. Some parts of the country stand out as examples of the high level of prosperity that is achievable […]

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U.S. Housing Starts Skyrocket To Highest Level Since June 2006

A report released by the Commerce Department on Friday showed a substantial rebound in new residential construction in the U.S. in the month of March. The Commerce Department said housing starts skyrocketed by 19.4 percent to an annual rate of 1.739 million in March after plunging by 11.3 percent to a revised rate of 1.457 million in February. Economists had […]

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Japan exports post largest monthly gain since late 2017

TOKYO (REUTERS) – Japan’s exports posted their strongest growth in more than three years in March, led by a surge in China-bound shipments, in a sign the economy continued to recover from last year’s deep coronavirus slump. The trade data is unlikely to completely ease worries about the fragile recovery of the world’s third-largest economy, which took an enormous hit […]

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Global stocks climb to fresh records as China posts blowout Q1 growth, US shows strong data

NEW YORK (AFP) – Global stocks rallied on Friday (April 16), with major indices hitting new all-time highs, following data showing record economic growth in China and additional acceleration in the United States. China saw expansion of 18.3 per cent in the first quarter, boosted by a sharper-than-expected increase in retail sales. The economic growth figure was the highest since […]

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Why college students should open a high-yield savings account

Part of a student’s education is learning how to make smart money decisions. Opening a high-yield savings account is a good starting point. (iStock) Saving money as a college student is challenging because, let’s face it, the typical student budget is pretty tight. Between classes and homework, students have little time to earn a significant income. And the money that […]

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Is mortgage refinancing still worth pursuing as rates rise?

Mortgage rates aren’t at historic lows anymore, but they are pretty close to it. Learn why refinancing your mortgage is still a good choice for most borrowers. (iStock) The coronavirus pandemic has wreaked havoc on many American’s personal finances over the past year. According to Pew Research, about half of all adults feel like the COVID-19 crisis set them back […]

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