U.S. World Business Lifestyle
Today: June 17, 2026
Today: June 17, 2026

economic growth

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Brazil to scrap fuel subsidies if oil stabilizes near $80, official says

Brazil will end subsidies for diesel and gasoline if the price of crude oil stabilizes around $80 per barrel due to progress toward a

Brazil to scrap fuel subsidies if oil stabilizes near $80, official says
Business|Economy|Finance|Technology|World

China's industry ministry urges officials to look beyond numbers in economic assessment

China's industry ministry called for "looking beyond the surface of data" in analysing economic operations in a meeting with local industry officials on Wednesday, an

China's industry ministry urges officials to look beyond numbers in economic assessment
Business|Economy|Finance|Stock Markets|US

US business inventories increase as expected in April

U.S. business inventories increased strongly in April, suggesting that inventory investment could contribute to economic growth in the second quarter.

US business inventories increase as expected in April
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As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes

Is the second half of 2026 when the U.S. consumer finally cracks and leaves the economy gasping for breath, or will rising inflation and strong

As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes
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US single-family housing starts slide to eight-month low; imported inflation increases sharply

U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the

US single-family housing starts slide to eight-month low; imported inflation increases sharply
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China's industrial output growth quickens in May but retail sales and investment contract

China's industrial output rose 4.5% in May from a year earlier, picking up from 4.1% growth recorded in April, data from the

China's industrial output growth quickens in May but retail sales and investment contract
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China's new loans miss forecasts in May as property slump curbs demand

China's new bank lending rose less than expected in May after contracting the previous month, as a prolonged property downturn continued to weigh on household borrowing.

China's new loans miss forecasts in May as property slump curbs demand
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Bangladesh unveils $77 billion budget, eyes 6.5% growth

Bangladesh unveiled a 9.38 trillion taka ($77 billion) national budget on Thursday, targeting 6.5% economic growth and 7.5% inflation as the government seeks to revive an

Bangladesh unveils $77 billion budget, eyes 6.5% growth
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ECB raises rates to nip war-driven inflation in the bud

The European Central Bank raised interest rates for the first time in nearly three years on Thursday in the hope of curbing

ECB raises rates to nip war-driven inflation in the bud
Business|Economy|Environment|Sports|World

Vietnam's Vingroup forges ahead with 'world's largest stadium' despite demand doubts

Vietnam's Vingroup is accelerating construction in Hanoi of what it says will be the world's largest stadium, betting that future demand will emerge

Vietnam's Vingroup forges ahead with 'world's largest stadium' despite demand doubts
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US consumer inflation vaults above 4% as Iran war boosts energy prices

U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East

US consumer inflation vaults above 4% as Iran war boosts energy prices
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Italy PM Meloni hails industrial output rise, analysts remain cautious

Italian industrial output unexpectedly rose in April from the previous month, data showed on Wednesday, posting a 0.5% increase that marked the third

Italy PM Meloni hails industrial output rise, analysts remain cautious
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RBNZ's inflation focus tested as rate hikes risk stoking jobs crisis

New Zealand's jobless ranks could swell as the central bank ratchets up interest rates, casting the government's inflation‑focused

RBNZ's inflation focus tested as rate hikes risk stoking jobs crisis
Business|Economy|Europe|Finance|World

European banks want simpler rules as region's annual investment gap hits €1.4 trillion

Europe faces a widening €1.4 trillion ($1.62 trillion) annual investment gap that risks holding back its economic objectives including energy transition, the European

European banks want simpler rules as region's annual investment gap hits €1.4 trillion
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Indian economy, government finances, see mounting costs from Iran war

A few months ago, India's economy was humming along nicely.

Indian economy, government finances, see mounting costs from Iran war
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Record petroleum exports help to shrink US trade deficit in April

The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods jumped to record highs, a trend that if sustained, will put

Record petroleum exports help to shrink US trade deficit in April
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Fed to hold rates this year, cut calls fade as war inflation persists, economists say: Reuters poll

The U.S.

Fed to hold rates this year, cut calls fade as war inflation persists, economists say: Reuters poll
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India inflation likely rose to 4% in May as food, fuel costs climb: Reuters poll

India's inflation likely rose to the Reserve Bank of India's medium-term target of 4% in May, driven by a pickup in vegetable prices and higher fuel

India inflation likely rose to 4% in May as food, fuel costs climb: Reuters poll
Business|Economy|Political|World

Sanctioned Russian billionaire says high interest rates have set 'trap' for economy

Some of Russia's richest businessmen complained on Friday about the central bank's tight monetary policy, with one saying it had created a "

Sanctioned Russian billionaire says high interest rates have set 'trap' for economy
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Indonesia's central bank to prepare regulations reflecting wider mandate

Indonesia's central bank will prepare technical regulations that reflect its wider mandate to support economic growth following the passage of a sweeping new financial

Indonesia's central bank to prepare regulations reflecting wider mandate
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Fed's Logan says a rate hike may be needed to beat inflation

Dallas Federal Reserve President Lorie Logan on Wednesday said signs of robust economic growth and corporate earnings "going gangbusters" are helping to make her

Fed's Logan says a rate hike may be needed to beat inflation
Australia|Business|Economy|World

Australia Q1 economic growth slows on trade drag, consumers struggle

Australia's economy slowed in the March quarter as strength in business investment was offset by a drag from trade, data showed on Wednesday, while higher

Australia Q1 economic growth slows on trade drag, consumers struggle
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CopperTech Metals reports revenue surge in US IPO filing

CopperTech Metals reported a jump in revenue in its filing for U.S. initial public offering on Tuesday, as it looks to capitalize on the Trump administration's policy push for

CopperTech Metals reports revenue surge in US IPO filing
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Swiss economy shows pickup in growth at start of 2026

The Swiss economy grew by 0.4% in the first three months of 2026, the government said on Monday, helped by a recovery in the manufacturing sector as the burden of U.S.

Swiss economy shows pickup in growth at start of 2026