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The Latest Breaking News from Economics

Secrets to passing climate legislation

These Republican states are passing clean energy bills in the name of freedom and economics

Salon

Inflation inequality: Soaring prices weigh on low-income households

Inflation is at its highest level in decades in many parts of the world. In the US, consumer prices were 8.3 percent higher in April than a year earlier. In the eurozone, they rose by around 7.5 percent. Energy prices have been driving the surge, with Russia's war in Ukraine…

France 24

Swati Dhingra to join Bank of England’s monetary policy committee

LSE academic and prominent Brexit critic is first Asian woman to be appointed to role, replacing Michael Saunders

The Guardian - UK

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Beyond Meat Stock Plummets As Marketing Costs, Slowing Demand Tigger Wider Q1 Loss

"The high cost of Beyond Meat Jerky will continue to be a headwind in Q2, but we expect substantial improvement in Jerky unit economics in Q3 and Q4," said CEO Ethan Brown.

The Street

Confidence in household finances hits record low

Confidence in household finances over the short term hit an all-time low in the survey from YouGov and the Centre for Economics and Business Research.

The Independent UK

How does Albanese’s wages plan impact jobs, inflation and poverty? We ran the numbers

Extra cash in wage earners’ pockets will increase inflation but also help them handle higher inflation. It’s a matter of priorities and values.

Crikey

Investment to grow despite many hurdles

Deloitte Access Economics expects business investment to grow over the next five years despite facing near term hurdles, such as rising interest rates.

AAP

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Rwanda: Tackling the challenge of overpopulation

Africa's demographic growth is having a considerable impact on the continent's capital cities. Kigali, for example, is set to double its population by 2050. In one of the most densely populated areas in the world, authorities are trying to organise this growth in terms of urban planning and economics. Rwanda,…

France 24

Allowing E15 fuel year-round won't increase sales very much, but it's a symbolic victory for corn ethanol advocates

As part of efforts to dampen high gasoline prices, the Biden administration is temporarily allowing gas stations to sell a special fuel blend called E15, containing 15% ethanol, year-round. Under the Clean Air Act, E15 cannot be sold in summer because it evaporates more readily in warm weather and can…

The Conversation

Labour faces an open goal in this week’s local elections. It mustn’t miss

At the moment, you might ask how Keir Starmer’s party could possibly fail. Yet things may not be quite so simple, says the Guardian’s economics editor, Larry Elliott

The Guardian - UK

Russia’s war in Ukraine ‘causing £3.6bn of building damage a week’

Kyiv School of Economics estimates cost of conflict could rise to $600bn, almost four times the nation’s GDP

The Guardian - UK

Woman risks losing £1,000 and holiday cancelled due to three-month passport delay

Jenny Craig, 43, said she applied for a passport renewal for her son Isaac 12 weeks ago.

Daily Record

Woman faces losing £1,000 after three-month passport delay as warning issued to holidaymakers

Delays in passport processing could affect almost a million holidaymakers this year, the Centre for Economics and Business Research says

Wales Online

Experts warn passport delays could cost £1.1billion in cancelled trips this summer

The Centre for Economics and Business Research found there is only a 50% probability of a “successful and timely” passport renewal process for travellers

Daily Mirror

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InsideEVs

Tesla Back Up To Over 80% Production Output At Giga Shanghai

The Shanghai Economics and Information Technology Commission confirms that Tesla has ramped up EV production in China to over 80 percent of capacity.

Reason

Higher Education Makes People More Libertarian

A major new British study reinforces the conclusions of previous research from the United States.

The Guardian - UK

Thursday briefing: The cost of living strategies that could actually work

In this morning’s newsletter: Archie Bland talks to economics correspondent Richard Partington about what more the government could do to help the worst off in society

Reason

Paper Submission Opportunity on "Due Process Deficits in Regulatory Enforcement and Adjudication"

The symposium is sponsored by Pacific Legal Foundation’s Center for the Separation of Powers, The Center for Growth and Opportunity, and the George Mason University Law and Economics Center.

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Benzinga

Accel Entertainment Names Mathew Ellis As Finance Chief

Accel Entertainment Inc (NYSE:ACEL) has appointed Mathew Ellis as its Chief Financial Officer, effective May 1, 2022. Ellis succeeds Brian Carroll, who in 2021 had notified his intention to retire. Carroll will remain with Accel in an advisory capacity until the end of 2023. Ellis previously served as the company's Senior Vice President…

360info

Machines are learning to track wartime destruction

A new automated analysis of satellite imagery can reveal the extent of building destruction in conflict zones, providing vital information for humanitarian aid.

The Guardian - UK

The key to winning the climate debate isn’t economics: it’s health

The environment ranks low in polls of the public’s fears, while sickness ranks top. Yet we will all get more ill as the planet heats

The Guardian - UK

Globalisation is not working – in an age of insecurity, we need more local solutions

From the supply-chain crisis to Covid vaccines, the past couple of years have brought home the benefits of self-sufficiency, says the Guardian’s economics editor, Larry Elliott

Kiplinger

25 Best College Majors for a Lucrative Career

One way to increase your chances of earning a good living is to pick a college major that prepares you to work in a field that pays well. Here are some of the best options and how you might expect to fare.

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Arnold Schwarzenegger

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