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The Latest Breaking News from Economy

Fear, hope and the economy: what is motivating Americans as they decide who to vote for – podcast

Amid deep political polarization and extreme campaign rhetoric, the U.S. presidential election on November 5 is likely to be decided by a small number of voters in swing states such as Pennsylvania and Michigan. But why is it so close?

The Conversation

Stocks Plunge Before the Open as Microsoft and Meta Weigh on Sentiment, U.S. Inflation Data and Earnings in Focus

December S&P 500 E-Mini futures (ESZ24) are down -0.77%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -1.09% this morning as investors digested quarterly earnings reports from Microsoft and Meta as well as robust U.S. economic data that muddied the outlook for Federal Reserve rate cuts.

Barchart

Thursday briefing: What you need to know about Rachel Reeves’s plans for the economy

In today’s newsletter: They spent weeks bracing the country for ‘tough decisions’, but in Labour’s first budget in 14 years, the chancellor adopted a slightly more optimistic tone

The Guardian - UK

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Stock market today: Asia shares decline as investors await earnings, US elections and economic data

Asian shares are mostly declining amid uncertainty ahead of the United States presidential election next week

The Independent UK

Gen Z and young millennial employees are missing the equivalent of one day’s work every week due to mental health

That's costing the British economy a staggering $176 billion.

Fortune

Reggaeton singer Nicky Jam retracts Trump endorsement, says Puerto Rico deserves respect

The ‘Hasta el Amanecer’ singer explained that he had originally supported Trump because he ‘believed it was what’s best for the economy’

The Independent UK

UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?

Chancellor’s solutions to improving economy and public services will be a radical change for country

The Guardian - UK

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Will Rachel Reeves’s borrow-and-spend Budget actually work?

ANALYSIS: Business will bear the burden of this Budget, so the chancellor must hope it delivers a better economy, says Howard Mustoe

The Independent UK

OPINION - Rachel Reeves's Budget ignored London — that may prove a costly mistake

This was a Budget written in London, delivered in London, but almost totally ignored the region that drives the British economy. Rachel Reeves made only one mention of London — about par by recent standards — in her 77-minute speech, compared with five references to Manchester and Scotland, three to…

Evening Standard

You may not know it, but Kamala Harris is a champion for entrepreneurs

As Vice President, Harris has often been the point person for the Biden White House’s minority and women-owned business initiatives.

Fortune

Supreme Court asked to intervene Newcastle Harbour blockade application

Supreme Court to NSW Police case against harbour blockade.

Newcastle Herald

Brexit continues to have 'devastating' effect on UK economy, OBR warn

BREXIT is continuing to have a “devastating” effect on the UK’s trade as a new report forecasts a long-term decrease in the economy due to…

The National (Scotland)

Canada’s Casinos: Are They Still Fueling the Entertainment Economy and Boosting the Jobs Market?

Canada’s casino industry adapts, balancing post-pandemic challenges, online gaming, and new venues

The Walrus

OBR says budget unlikely to lift economic growth over next five years

Forecaster says extra spending revealed by Rachel Reeves will give only a short-term lift to economy

The Guardian - UK

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The Conversation

What Labour’s first budget means for wages, taxes, business, the NHS and plans to grow the economy – experts explain

For the first time in 14 years, it was a Labour chancellor who delivered the UK budget. And for the first time ever, that chancellor was a woman. But Rachel Reeves faces an almighty task: plugging a £40 billion spending gap in the knowledge that pre-election promises not to raise…

The Guardian - UK

Is this the budget Britain needs? Our panel responds

In Labour’s first budget for almost 15 years, Rachel Reeves has unveiled tax rises and promises of investment in public services

Evening Standard

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

Roll Call

Pennsylvania county has election sway, but wants it over - Roll Call

Crucial Bucks County, Pa., is awash in campaign signs, but Harris and Trump supporters don't really want to talk about the election.

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news in one place.

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Evening Standard

Taxes, borrowing and spending up in Rachel Reeves’ first Budget

Chancellor Rachel Reeves said she was ‘fixing the foundations of our economy’ but taxes will rise to their highest levels since the Second World War.

International Business Times

US Economy May Have Found Its 'Soft Landing' As Economy Grew 2.8% Last Quarter

Consumers and the government picked up spending in the 3rd quarter.

Evening Standard

Chancellor announces rise in flight taxes

Rachel Reeves said air passenger duty will rise, adding up to £2 to the cost of an economy ticket for a short-haul flight.

The Independent UK

Reeves increases taxes by £40bn to address ‘black hole’ in public finances

Chancellor Rachel Reeves will also increase investment as she promised to ‘fix the foundations’ of the economy.

Evening Standard

Reeves hikes taxes by £40bn to address ‘black hole’ in public finances

Chancellor Rachel Reeves will also increase investment as she promised to ‘fix the foundations’ of the economy.

The Guardian - UK

‘Ray of hope’: German economy grows 0.2% ending recession fears

Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending