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The Latest Breaking News from Economy

Breaking 3 publishers covering this story in the last 6 hours

2h ago French bond yields hit 24-year high after unrest
4h ago OCC finds nine major banks engaged in debanking practices
5h ago ‘Grow the damn economy: Billionaire Ken Griffin warns Trump made a mistake cutting taxes as the national debt tops past $40 trillion

IRDAI’s insurance distribution paper: Economics in focus, consumer protection gaps remain

Rules and caps can change behaviour. Incentives determine whether organisations merely comply with the rules or actually change the behaviour that created the problem. No regulator can adjudicate every commercial decision made by every insurer and distributor.

The Economic Times · Oct 5

The same satellite can have military and civilian functions. This creates a dilemma for NZ

As last week’s Aerospace Summit in Christchurch made clear, New Zealand is rapidly developing capabilities and partnerships in a sector estimated to be worth NZ$2.5 billion to the national economy.

The Conversation · Oct 4

India's strong growth fundamentals face risks from prolonged external shocks: Erik Berglof

India's growth prospects remain strong despite external shocks affecting the economy. Erik Berglof highlights the need for resilience against climate and geopolitical risks. He notes that high US bond yields could impact emerging economies due to higher interest costs. Additionally, energy and water security are identified as critical areas needing…

The Economic Times · Oct 4

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It’s now time for the Conservative Party to say what it thinks on the economy and Brexit

The Conservatives are starting - but only starting - to look more like a viable party of government

The Independent UK · Oct 4

Trump economic adviser bafflingly says ‘if people were unhappy, it’d show up in the data’

President Donald Trump’s top adviser, Kevin Hassett, is pushing back on the idea that Americans are dissatisfied with the economy and cost of living

The Independent UK · Oct 4

Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer clues

Annual population growth for the North American nation has slowed to just 0.5% – and the economy is ‘adjusting’

The Guardian - AU · Oct 4

The New Car Gets Better Gas Mileage — But Does That Really Justify a $600 Payment?

A new car can save money at the gas pump and still make the household budget worse. That sounds backwards, especially after watching fuel prices turn every fill-up into a small financial event.

Clever Dude · Oct 4

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Merz makes surprise visit to Kyiv: Germany pledges further aid to Ukraine

German Chancellor Friedrich Merz made a surprise visit to Kyiv on Sunday. Accompanied by Economy Minister Katherina Reiche and representatives of German defence and energy companies, he aims to pledge further military and financial support for Ukraine.

Euronews · Oct 4

India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh Garg

India's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected in upward revisions to the country's growth estimates by various international agencies, Saurabh Garg, Secretary, Ministry of Statistics and Programme Implementation (MoSPI), said.

The Economic Times · Oct 4

Republicans say they hate communists. So why do they like Donald Trump?

Trump supporters may be surprised to learn the state takeover of means of production is not driven by the left

The Guardian - US · Oct 4

Charting the global economy: US employment growth moderates

The labor market in the US revealed sluggish growth in September, with only 29,000 jobs added, alongside a significant deceleration in wage increases. In Europe, inflation hit a three-year peak, triggering conversations around possible interest rate hikes. In contrast, China reported the weakest growth in industrial profits since November, hindered…

The Economic Times · Oct 4

Australia’s interest rate rise is the wrong medicine and an even worse alibi

Inflation is again being used as an excuse for acts of vandalism on some of Australia’s important institutions

The Guardian - AU · Oct 3

Inside the Financial Web Linking Jared Kushner's Peace Talks to Israel's War Economy: Report

Kushner's firm pocketed $343M from Phoenix Financial while he helped broker Gaza talks, as a CNN investigation exposes a stunning conflict of interest.

Latin Times · Oct 3

America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year high

U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, the government reported Friday

The Independent UK · Oct 3

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The Economic Times · Oct 3

Gadkari calls for global code of conduct for infrastructure sector

Nitin Gadkari highlighted the significance of infrastructure development in transforming India into a leading economy. He advocated for the use of alternative materials, including municipal waste, in construction to enhance sustainability. Gadkari urged the formulation of an international code of conduct to integrate new ideas and technologies in the sector.…

The Economic Times · Oct 3

Nirmala Sitharaman calls for open, rules-based global economic ties amid geopolitical tensions

At the Kautilya Economic Conclave, Nirmala Sitharaman spoke about fostering international trade policies that are not only open but also predictable. She underlined the critical need for nations to communicate effectively to dissolve geopolitical trade barriers. Highlighting the importance of resilience in the global economy, she introduced the National Critical…

Fortune · Oct 3

We need a Department of AI, or we risk pushing the U.S. economy over the brink

I helped steer Kazakhstan out of the 2008 financial crisis. An AI czar is not enough. America needs a Department of AI to protect trust and growth.

The Independent UK · Oct 2

Environmental groups sue Trump administration over eased vehicle fuel economy rules

A group of environmental organizations sued the Trump administration on Friday over its recent relaxation of key vehicle fuel economy rules, a move the group says will make vehicles less efficient, contributing to more pollution and increasing gas consumption

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The Economic Times · Oct 2

Everyone wants your attention. Media is changing because of it

The media and entertainment industry has evolved into a content and attention economy, highlighting the need for integration. As consumers prioritize experiences over traditional media, the challenge is unifying diverse creators and platforms. This shift necessitates a new framework that supports a collaborative ecosystem for creativity. In India, attention's significance…

AAP · Oct 2

Warning El Nino could wipe $13b from Australian economy

Farmers are already thinning their herds and varying planting rotations as they brace for lower rainfall driven by a harsh El Nino period.

The Guardian - AU · Oct 2

Hip-pocket politics is Labor’s greatest vulnerability – and red-hot anger over the latest rate rise isn’t helping

Unemployment is up, house prices are down and interest rates are rising – giving Angus Taylor the chance to show how he can turn things around

The Guardian - AU · Oct 2

Throwback to 2011: why it feels different to the last time interest rates were this high

From the supermarket checkout to the petrol pump, the way price rises ripple through the economy has changed dramatically

Latin Times · Oct 2

Milei Lands $10.5B in Paris. Back Home, Rent Rose 4 Times Faster Than Pensions

Milei secured US$10.5B in Paris pledges as Argentina's rent rose 6.72% and pensions climbed just 1.66% — a split screen that defines his presidency.

The Economic Times · Oct 2

Bets on US Federal Reserve rate hike in October fall as job market cools

Last month, the US economy added only 29,000 jobs, significantly below the economists’ forecast of 90,000 jobs. The unemployment rate rose to 4.2%, indicating a slight deterioration in the labor market. Traders decreased expectations for another Federal Reserve interest rate hike later this year, with less than a 20% chance…

The Economic Times · Oct 2

US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in September

The U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%. Economists had expected better results, predicting the creation of roughly 90,000 jobs. Consumer confidence has taken a hit as many Americans voice their worries about the…

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