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The Latest Breaking News from Economy

Why is the Australian dollar falling – and what does it mean for interest rates, travel and the economy?

Trump’s higher tariffs and any resulting weakness in China would keep the Aussie under pressure, economists warn

The Guardian - AU

Labour’s economic agenda has all the right ideas – but it’s a race against time to make it work

This government needs to reverse at least three decades of financial woes, and it needs to show progress before its plan gets Trumped, writes economist Michael Jacobs

The Guardian - UK

Why These 3 Stocks Are Set to Gain From a Bond Market Shift

The new path for the United States economy will be made more explicit by how bonds are performing currently. Wall Street analysts and institutions agree

MarketBeat

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read the most diverse news in one place.

UK factory output falls at fastest rate since February amid tax rise fears

Pound drops to nine-month low against dollar after PMI for December signals further contraction in manufacturing

The Guardian - UK

Manufacturing industry shrinks at fastest rate in 11 months in ‘winter chill’

British factories reported concerns about rising business taxes and a weaker global economy, as the production industry contracted in December.

Evening Standard

Cuban Military-Run Companies Have Stashed Billions in Profit as Humanitarian and Economic Crises Deepen

A new Miami Herald investigation reveals that companies run by Cuba's military have made billions of dollars in profit as 2024 worsened hardships in Havana.

Latin Times

Asian Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs, and China's economy gave Wall Street the holiday blues for a fourth straight session.

International Business Times

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Singapore economy grows 4%, beating forecasts

Singapore Prime Minister Lawrence Wong says most workers have seen wages outpace inflation.

Al Jazeera

Better Budgeting and Money Management in 2025

Managing money effectively is a critical skill that empowers individuals to achieve financial stability, avoid unnecessary debt, and work toward long-term goals. In 2025, with the global economy continuing to evolve and new financial tools emerging, it’s essential to adapt budgeting strategies and leverage available resources.

inkl

Asia Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs and China's economy gave Wall Street the holiday blues for a fourth straight session.

International Business Times

At best, 2025 will be a year of slow economic recovery. As for the worst? Brace yourselves

With threats of recession, global fracturing and increasingly angry voters, Labour’s sticky start is unlikely to get any easier, says Guardian columnist Larry Elliott

The Guardian - UK

Can India become the world’s third superpower? It faces huge challenges in 2025

If India is to realise its dreams of ranking alongside the US and China it must maintain high growth rates and ensure the benefits of development reach the population as a whole – no easy task, as Shweta Sharma reports

The Independent UK

Wall Street’s predictions for the market and economy in 2025

It’s unlikely 2025 will repeat the massive gains of 2024, but it’s a far cry from early recession fears.

Fortune

Rate cuts on horizon in mixed 2025 for the economy

Borrowers can expect cashflow relief from interest rate cuts in 2025, yet a further deterioration in the jobs market will also start to be felt.

AAP

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The Guardian - UK

Xi says China’s economy on course to expand by 5% despite Trump concerns

President seeks to allay fears that world’s second-largest economy will falter in 2025 because of high US tariffs

Salon

The return of crony capitalism

MAGA's embrace of the alliances between business tycoons and politicians is a symptom of a deeper historical trend

The Independent UK

Scholz calls on Germans to unite in solidarity in a new year despite many crises

Chancellor Olaf Scholz has called on Germany’s 84 million residents to stick together despite the many global crises and wars, the country’s ailing economy and a deadly Christmas market attack

Salon

5 thought-provoking books of 2024

These authors will make you rethink some of the biggest issues of our time

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The Guardian - UK

Starmer faces test of climate leadership with big decisions on carbon budget

PM will have to respond to Climate Change Committee’s recommendations on future emissions cuts with drastic changes in many sectors of economy

Evening Standard

UK economy faces threat of ‘stagflation’ after bumpy 2024

Falling inflation allowed the Bank of England to cut rates twice in 2024, but faltering growth and pressure on prices is clouding the outlook.

The Times of India

India's highest wicket-takers in T20Is in 2024: Arshdeep Singh leads bowling masterclass

NEW DELHI: In a year dominated by T20 cricket, with the World Cup staged across the USA and the Caribbean, Indian bowlers delivered stellar performances, playing a pivotal role in India clinching their second T20 World Cup title. Leading the charge was left-arm pacer Arshdeep Singh, who emerged as India’s…

The Conversation

Star Wars can teach us about the economy or as Yoda might say, ‘about economics, it can teach’

Economists may sometimes sound like they are speaking a language out of this world. But perhaps there are lessons about economics from a galaxy far, far away.

Fortune

Americans are increasingly falling behind on their credit card bills, flashing a warning sign for the economy

The amount of credit card debt written off through the first three quarters of 2024 reached $45.7 billion, up 46% from the same period a year ago.

The Guardian - UK

The Guardian view on City deregulation: it would be a dangerous step backward

Editorial: Relaxing financial rules risks undermining stability, ignoring post-crash lessons and prioritising short-term gains over the long-term health of the economy

The Guardian - UK

Essex county council sends 95% of non-recycled waste to landfill, data reveals

Seven local authorities in England have waste figures highlighted as government launches circular economy measures

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