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The Latest Breaking News on Economy

The Economy Lost Jobs, Wall Street Threw a Party: What Moved Markets This Week

The American economy shed 23,000 nonfarm payrolls in July. Wall Street answered with its best week since April. That is not a contradiction.

Benzinga

US Economy Shockingly Sheds 23,000 Jobs in July as the Labour Market Experiences a Sudden Collapse

The US economy lost 23,000 jobs in July 2026, marking the first decline since February. Despite a drop in unemployment to 4.1%, wage growth lagged behind inflation.

International Business Times UK

Employers Are Hiring Less, But Key Industries Are Paying More to Keep Talent Amid Shortages

Private employers added just 44,000 jobs in July, marking the weakest monthly gain since January and reinforcing concerns that businesses are becoming more cautious about expanding their workforces.

International Business Times

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Rise of Stay-At-Home Men Accelerates as Women Claim Majority Share of US Workforce Jobs

In early 2026, women held more jobs than men in the US, marking a structural shift in the workforce. This change is driven by growth in female-dominated industries and declining male participation.

International Business Times UK

Gold Rallies, But New Data Shows It May No Longer Protect You

After coiling up for the entire month of July, gold is finally giving technical indications of a breakout, rallying over 2% intraday and moving toward a key resistance level of $4,200.

Benzinga

UK economy faces recession if strait of Hormuz remains closed, EY warns - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

US economy grows sluggish 1.5% in second quarter as inflation tops Fed target

Consumer spending remained resilient even as policymakers kept interest rates on hold

The Guardian - US

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The Economy Grew Less Than Expected In Q2. Core Inflation Also Remained Above The Key 2% Target

The U.S. economy grew 1.5% in the second quarter, less than expected. Inflation stood at 3.3%, in line with estimations.

International Business Times

New public service pay deal, cash offers aimed at avoiding strikes

New offer is now on the table after nearly a year of talks.

The Canberra Times

Mark Zandi Says June Jobs Report Was Weaker Than It Looked as Labor Force Participation Fell

Economist Mark Zandi argued that the June employment report painted an overly optimistic picture of the U.S. labor market, saying several underlying indicators point to a much weaker economy than the headline figures suggest.

Benzinga

How to spend smarter

Given the government's strong base of support in parliament, approval of the fiscal 2027 budget bill proceeded smoothly during the first reading earlier this month.

Bangkok Post

‘Energy transition’ projects face new checks

The Department of Local Administration (DLA) has suspended the submission of project proposals by local administrative organisations under the government’s 200-billion-baht energy transition loan programme.

Bangkok Post

Sinking to 61.5%: The Alarming Economic Low Threatening to Tank Trump's Second-Term Legacy

The US labour market faces scrutiny as participation rates hit a four-year low, raising concerns about economic momentum and President Trump's economic policies amid a disappointing June jobs report.

International Business Times UK

US Job Openings Hit Two-Year High, but Americans Are Finding It Harder to Get Hired

Employers posted 7.594 million job openings at the end of May, up slightly from April and well above economists' expectations of 7.3 million.

International Business Times

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Kiplinger

Weak June Jobs Report Quiets the Rate-Hike Conversation

The June jobs report came in well below economists' estimates, but the unemployment rate ticked lower.

Evening Standard

Andy Burnham to move tens of thousands of jobs out of London in 'biggest devolution of power'

The Prime Minister-in-waiting is aiming to replace a ‘centralised, top-down model’ with locally-driven economic growth

The Canberra Times

New procurement policy note targets billions of contract amendments

Finance policy note forces senior executives to sign off on blowouts.

The National (Scotland)

Scottish economy performs stronger than expected despite global challenges

THE Scottish economy has continued to demonstrate resilience despite a “challenging and uncertain” global environment, a report has found

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Bangkok Post

Cabinet approves budget for fiscal 2027

The cabinet on Tuesday approved the proposed 2027 fiscal budget along with a budget transfer bill, with Prime Minister Anutin Charnvirakul instructing all ministers to be ready to explain their spending plans during parliamentary debates next week.

Newsroom.co.nz

Twelve policy questions to ask political parties ahead of the election

The economy and cost of living dominate political debate in the leadup to the November election - but issues of democracy, transparency and scrutiny are vital

AAP

Ex-Federal Reserve chair Alan Greenspan dies aged 100

Alan Greenspan, who oversaw the second-longest economic expansion in US history as chairman of the Federal Reserve, has died aged 100.

AAP

'Basics' budget the start of Labor state election pitch

In his government's last budget before a state election, the NSW treasurer is looking to sell a message of responsibility and basic service delivery.

The Guardian - UK

Bank of England leaves interest rates on hold and lowers inflation forecast amid Middle East ‘uncertainty’ – as it happened

Rolling coverage of the latest economic and financial news, including the latest UK jobs report and the Bank of England’s interest rate decision

AAP

Federal Reserve policymakers show support for rate hikes as Warsh reins in guidance

The Federal Reserve kept its key rate unchanged Wednesday yet nearly half the central bank's policymakers said they could support a rate hike later this year, an unexpectedly aggressive outcome that would disappoint President Trump and suggests heightened concerns about persistent inflation

The Independent UK

UK gender pay gap could take another 30 years to close – despite decade of reporting

Scrutiny of pay inequality is growing across the UK and Europe

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