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The Latest Breaking News from Economy

Stock market today: Asian shares retreat, tracking Wall St decline as price data disappoints

Asian shares have tracked Wall Street’s decline in response to potentially discouraging data on the U.S. economy

The Independent UK

Asian Markets Retreat As China Pledges Fail To Spark Excitement

Asian markets fell Friday as China's latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal Reserve policy meeting next week.

International Business Times

Consumer confidence remains suppressed amid ‘uncharitable view’ of economy

GfK’s long-running Consumer Confidence Index increased by one point to minus 17 in December.

The Independent UK

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A sustainable, circular economy could counter Trump’s tariffs while strengthening international trade

In response to United States President-elect Donald Trump’s threats to impose a 25 per cent tariff on Canadian imports and his escalating hostile rhetoric, Canada and its allies must urgently explore new international trade strategies. Trump’s proposed tariffs could reduce trade and hurt the economy if left unchecked.

The Conversation

We have to change our economy if we want to avoid environmental collapse

2024 has been another year when mainstream economics detached itself from the climate reality ...

The National (Scotland)

Government to scrap some courses as part of review into post-16 education

Education minister Janet Daby said about 70% of vocational courses that the Conservatives had slated to cut will be kept.

The Independent UK

Government to scrap some T-levels as part of review into post-16 education

Education minister Janet Daby said about 70% of vocational courses that the Conservatives had slated to cut will be kept.

Evening Standard

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US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago

The Independent UK

Career-connected learning helps economy

It's proving to be a powerful tool for economic development and workforce preparation

Salon

China Plans Proactive Measures To Boost Economy

Chinese leaders plan to boost economy through fiscal and monetary measures, focusing on consumer spending and long-term growth strategies.

Top News

China ends planning meeting with vows to stabilize its economy, but gives no details on stimulus

Chinese leaders have wrapped up a two-day planning meeting in Beijing with pledges to take a more proactive approach in pepping up the economy, but gave no details on stimulus measures

The Independent UK

Swiss Central Bank Announces Big Rate Cut To Boost Economy

The Swiss central bank announced an unexpectedly large interest-rate cut on Thursday, citing rising "uncertainty" about the economic outlook due to the potential impact of Donald Trump's policies and political turmoil in Europe.

International Business Times

Bidenomics Goes Out With a Whimper

There's a good reason Biden eventually stopped saying Bidenomics. Americans didn't like the results of his economic policies.

Reason

Stock market today: Asian shares advance, tracking rally on Wall Street

Shares have advanced in Asia after Wall Street resumed its upward climb as an update on inflation appeared to clear the way for more help for the economy from the Federal Reserve

The Independent UK

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International Business Times

Asian Markets Fluctuate After Wall St Record; Eyes On China

Equities swung in Asian trade Thursday following another record day on Wall Street fuelled by inflation data that reinforced expectations for a US interest rate cut next week, while traders also remained hopeful for more measures to stimulate China's economy.

International Business Times

Amid Weak Eurozone And Political Turmoil, ECB To Cut Rates Again

Faced with a stuttering economy, political turbulence in the eurozone and the prospect of renewed trade tensions with the United States, the European Central Bank is Thursday set to cut interest rates again.

The Independent UK

House price growth gaining momentum, surveyors report

A net balance of 19% of professionals predict an increase in sales activity over the next three months, the report said.

International Business Times

Meatpacking Industry In Colorado Braces For 'Devastating' Mass Deportations Plans Under Trump

Trump has vowed to carry out the largest deportation plan in U.S. history, potentially harming industries across the country and the overall economy.

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Latin Times

Trump's Mass Deportation Plan Would 'Kill' Critical Sector of US Food Industry, Union President Warns

Trump has vowed to carry out the largest deportation plan in U.S. history, potentially harming industries across the country and the overall economy.

International Business Times

Canada Central Bank Makes Half Point Rate Cut To 3.25%

Canada's central bank on Wednesday lowered its key lending rate by 50 basis points to 3.25 percent, seeking to aid a slowing economy facing uncertainty following a tariff threat from US President-elect Donald Trump.

Roll Call

Joe Biden hasn’t vanished, but here’s why it might feel that way - Roll Call

Joe Biden has been active lately, even if it may feel otherwise. But his disconnect with voters endures and a top aide had an explanation.

The Conversation

The UK’s booming creative industries could employ even more people – if they attract fresh international investment

The UK’s creative industries are an economic success story, contributing £124.6 billion to the country’s economy in 2022 – around 6% of the total. These industries, which include film, TV and publishing, grew by more than 50% between 2010 and 2022.

The Guardian - AU

Trawl the sea or mine for metals? Pacific nations wrestle with how to protect oceans - and livelihoods

Palau plans to allow more fishing in its marine sanctuary, as countries across the region seek to balance conservation with economic needs

The Independent UK

Myanmar's economy set to contract as floods and fighting take heavy toll, the World Bank says

The World Bank forecasts that Myanmar's economy will contract this year, as flooding and fighting take a severe toll nearly four years after the military ousted its government headed by Aung San Suu Kyi

The Guardian - UK

Ghanaians give ex-president Mahama a chance to eclipse his shaky legacy

Honeymoon period will be short as John Mahama tries to fix economy, seen as a huge factor in election

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