PM Shehbaz urges ‘Charter of Economy’ to achieve prosperity

Prime Minister Shehbaz Sharif signs budget 2023-24 documents after its approved by the cabinet to be laid before the National Assembly in Islamabad on June 9, 2023. — APP A day after the Finance Bill 2023-2024 was presented in the Parliament, Prime Minister Shehbaz Sharif urged for a “Charter of Economy” to “achieve prosperity” for

IMF chief says there’s no slowdown in US lending

Georgieva says she had to work “twice as hard” to be equal to her male colleagues. Drew Angerer / Staff / Getty Images The International Monetary Fund has yet to see enough banks pulling back on lending that would cause the U.S. Federal Reserve to change course with its rate-hiking cycle. “We don’t yet see

Deputy USTR on U.S.-China trade, China tariffs

Stock markets close strong as debt ceiling talks move forward

Stock markets close strong as debt ceiling talks move forward – CBS News Watch CBS News The Dow Jones, the S&P 500 and the Nasdaq closed in the green Friday, as investors reacted to negotiators making progress in the debt ceiling standoff. Javier David, Axios managing editor for business and markets, and J.D. Durkin, host

How the A.I. explosion could save the market and maybe the economy

A Nvidia logo is seen on the company’s building at an industry park on February 7, 2019 in Tianjin, China. VCG | Visual China Group | Getty Images A blockbuster profit report Wednesday from Nvidia crystallized an important point for both markets and the economy: For better or worse, artificial intelligence is the future. Whether

Debt ceiling negotiations updates between Biden, McCarthy

WASHINGTON — House Speaker Kevin McCarthy said Wednesday that negotiations over raising the U.S. debt limit were progressing toward a deal despite disaagreements over spending, with only eight days before the government could face an unprecedented default. “I wouldn’t scare the markets in any shape or form,” McCarthy said on Fox Business after negotiators broke

Debt ceiling deadline edges closer as talks continue

It’s Important To De-Risk Global Economy In Era Of Volatility And Uncertainty: S Jaishankar

S Jaishankar’s remarks came following the India-EU Trade and Technology Council meet (File) Brussels: In the era of volatility and uncertainty, it’s important to de-risk the global economy and yet to ensure that there is very responsible growth, External Affairs Minister S Jaishankar has said. His remarks came following the first meeting of the India-EU

Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows

Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday. Nonfarm payrolls increased 253,000 for the month, beating Wall Street estimates for growth of 180,000, according to the Bureau of Labor Statistics. The unemployment rate was 3.4% against an estimate for 3.6% and tied for the

China and India to make up half of global growth

BEIJING, CHINA – APRIL 29: Beijing South Railway Station is seen in Beijing on Saturday, April 29, 2023. Anadolu Agency | Anadolu Agency | Getty Images The International Monetary Fund raised its forecast for Asia-Pacific, saying the region’s growth will be primarily driven by China’s recovery and “resilient” growth in India. This comes as the