The Latest Breaking News from Economy

The Economy Is Growing. So Why Are Workers Getting Less of It Than Ever?

Workers are now receiving just 53.7% of U.S. economic output — the lowest labor share since 1947. New BLS data shows productivity is rising while real wages fall, raising hard questions about who the modern economy works for.

International Business Times · Jun 4

I Deliver Parcels in Beijing by Hu Anyan audiobook review – a grim life in China’s gig economy

This memoir of a man who moved around China chasing low-paid work for 20 years is an indictment of a shocking system, read in a suitably austere way

The Guardian - UK · Jun 4

I bought peptides with crypto. How my purchase helped fuel a $100 million gray-market, ‘looksmaxxing’ economy

Some of the China-based sellers have pivoted from fentanyl to peptides.

Fortune · Jun 4

Parliament panel meeting discusses concerns over rupee, sluggish private investment

Members of a parliamentary committee voiced concerns about the rupee's decline and slow private investment. The government stated India's economy is strengthening despite global headwinds. Discussions covered inflation, international conflicts, and industrial protectionism. The committee will propose recommendations to address these economic challenges. Household savings and government investment are rising,…

The Economic Times · Jun 4

Why is ‘doomspending’ on the rise?

If everyone is spending like there won’t be a tomorrow, there probably won’t be a tomorrow

The Guardian - US · Jun 4

NFO Alert: Motilal Oswal Mutual Fund launches BSE Clean Environment Index Fund

Motilal Oswal Mutual Fund has launched the Motilal Oswal BSE Clean Environment Index Fund, an open-ended scheme tracking India's first diversified clean economy index. The NFO, open from June 5 to June 19, offers passive investment in five transformative themes: Renewables, EVs, Water Treatment, Recycling, and Waste Management, aiming for…

The Economic Times · Jun 4

Withholding tax removal could unlock $25 billion in bond Inflows, says Citi's Aditya Bagree

India anticipates substantial foreign investment. Two key policy shifts, removing withholding tax on government bonds and inclusion in the Bloomberg Global AGG Index, could attract billions. This influx would strengthen India's balance of payments and ease fiscal pressures. Citi believes these developments will boost the Indian economy, making it more…

The Economic Times · Jun 4

Trump’s approval rating hits another new low on 500th day back in the White House

President Donald Trump’s net popularity on -25 in latest Economist/YouGov survey, with the Iran war and economy still major concerns for voters ahead of November’s midterms

The Independent UK · Jun 4

Trump has made our K-shaped economy even more unequal

While wealthy Americans hail a booming stock market, the rest of us worry about rising inflation and people struggling to make ends meet

The Guardian - US · Jun 4

FED:Officials bank on economic slump helping tame inflation

Australia is not experiencing stagflation but higher interest rates will help cool the economy and inflation, the nation's top bank official says.

AAP · Jun 4