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The Latest Breaking News from Economy

Bank Of Korea Cuts Interest Rate Amid Economic Slowdown

Bank of Korea cuts interest rates to 3% for the second consecutive month to boost economy amidst challenges.

Top News

South Korea's central bank cuts a key rate to nurse a slower economy

South Korea’s central bank has lowered its key policy rate for the second straight month and says the country’s economy will grow at a slower pace than it initially anticipated

The Independent UK

The Life and Journey of Truck Driving

Truck driving is more than just a profession; it’s a lifestyle that keeps the economy moving. From transporting essential goods across states to meeting tight delivery deadlines, truck drivers play a crucial role in ensuring the smooth operation of supply chains. For those considering a career in truck driving, understanding…

inkl

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Consumer confidence ‘weak’ as Christmas approaches

Confidence has been offset by declining expectations of the wider economy, according to the BRC-Opinium Consumer Sentiment Monitor.

Evening Standard

US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate

The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth

The Independent UK

Labour Promises 'Jobcentre In Your Pocket' With £55 Million Modernisation Initiative

Recent figures suggest that Britain is the only major economy to experience a fall in its employment rate in the last five years.

International Business Times UK

10 Insights About The US Economy For Thanksgiving Dinner Talk

Economists answer 10 pressing questions about the US economy, including why food is still expensive and why there hasn't been a recession.

Benzinga

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3 High-Return Dividend ETFs for Income Seekers

The U.S. economy is currently in an uncertain state owing to changing policies and evolving consumer behavior. Thus, it could be wise to invest in robust high-return dividend ETFs iShares Select Dividend (DVY), Vanguard High Dividend Yield (VYM), and Schwab U.S. Dividend Equity (SCHD) for passive income. Read more.

StockNews.com

Australia’s electricity market is getting a big makeover – and these 3 changes will make it future-proof

The federal government this week tasked an expert panel with making Australia’s largest grid, the National Electricity Market, fit for our changing energy system.

The Conversation

Trump's Tariff Threats: Uncertainty And Potential Impact

Explore the impact of Trump's tariffs during his first presidency and the potential consequences of his proposed second-term tariffs on the economy and glo...

Top News

US Economy Grows At 2.8% Annual Pace In Q3

The American economy grew at a healthy 2.8% in Q3 driven by consumer spending and exports, with concerns about inflation and business investment.

The Guardian - UK

Russia’s rouble plunges to lowest rate since early weeks of Ukraine war

Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third largest bank

The Conversation

Five fairness flaws the UN’s new plastics treaty must change

The UN’s new plastics treaty is about to be finalised – marking a crucial opportunity to form an international agreement to tackle the plastic pollution crisis. Plastic waste is ubiquitous – damaging human health and livelihoods, as well as ecosystems in water and on land; yet plastic production is at…

International Business Times

New Use Cases Drive Activity In Onchain Economy, Institutions Locked In: Blockchain Report

Delphi Digital has released its Onchain Economy Report and it provides a deeper look into how the onchain economy has evolved this year, with Base playing a key role in driving the momentum.

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Barchart

Stocks Slip Before the Open With Focus on Key U.S. Inflation Data and Trump’s Picks

December S&P 500 E-Mini futures (ESZ24) are down -0.18%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.33% this morning as investors digested Donald Trump’s latest cabinet appointments and awaited a flurry of pre-Thanksgiving holiday U.S. economic data.

Kiplinger

Stock Market Today: The S&P 500 Reclaims the 6K Level

Investors see Scott Bessent as a safe shepherd of the economy as the president-elect burnishes his "Tariff Man" reputation.

International Business Times

Trump Tariffs Threat Casts Chill Over Canada

Canada was scrambling Tuesday to blunt the impact of US President-elect Donald Trump's threat to implement steep tariffs once he takes office, as experts warned of a potentially "catastrophic" hit to the Canadian economy.

The Conversation

How much for cash? Why the informal economy is bad for business, consumers and society

Who hasn’t heard someone ask, “How much for cash?” While it may seem harmless, research reveals such demands contribute to a growing culture of informality in business.

International Business Times

Saudi 2025 Budget Sees Lower Deficit On Spending Trims

Saudi Arabia on Tuesday approved a budget for 2025 that projected a smaller deficit than last year despite continued heavy spending on reforms to transition the economy away from oil.

The Independent UK

Years of low levels of investment have held Scotland back, Kate Forbes says

The Deputy First Minister and Economy Secretary said private investment is ‘essential’ to growing the economy.

Salon

Trump announces plan to "raise prices"

Despite assurances that he is merely negotiating, Trump's vow to impose tariffs on day one could be disastrous

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