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The Latest Breaking News from Economy

A Strong U.S. Economy May No Longer Be Enough to Lift Stocks as AI Spending Reshapes Wall Street

The U.S. economy continues to show surprising resilience, but investors are increasingly discovering that strong economic fundamentals are no longer translating into higher stock prices.

International Business Times

Andy Burnham: I'll give Sadiq Khan more power on homes and education to keep London 'world's greatest capital'

Prime Minister-in-waiting Burnham is vowing to boost Britain’s economy with the ‘biggest devolution of power in modern times’

Evening Standard

Edinburgh's festivals set to bring billions to Scotland's economy, report reveals

EDINBURGH’S festivals are calculated to have a gross economic impact of more than £4.2 billion in Scotland over the next five years, a new…

The National (Scotland)

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Economic indicators point to resilient Indian economy despite global headwinds: MoSPI Secretary

India's economy is demonstrating remarkable resilience against global challenges, according to Saurabh Garg, Secretary of MoSPI. He highlighted that initial economic indicators suggest continued growth, with the government actively leveraging administrative data for informed policymaking. The ministry is focused on harmonizing data to enhance interoperability and accessibility, ensuring a robust…

The Economic Times

India is plotting a game-changer for RBI, banks, corporates, investors

India is planning a high-frequency index to track its vast informal economy, covering millions of unincorporated companies. The proposed MoSPI index could improve GDP estimates, guide RBI interest-rate decisions, strengthen inflation management, sharpen government policymaking and offer investors, businesses and economists an unprecedented real-time view of the country's largest employment…

The Economic Times

How PM Modi Made History with One Extraordinary State Visit

History is often made quietly, but sometimes a single visit changes the course of international diplomacy. Prime Minister Narendra Modi's visit to Seychelles became one such moment as he achieved two remarkable firsts that no Indian Prime Minister had accomplished before. Beyond the ceremonies and awards, the visit highlighted India's…

MyLifeXP

Economic pessimism has set in – but there are reasons for Australians to be hopeful

Feeling gloomy about the future? You’re not alone. New data shows economic pessimism is growing in Australia, and the implications reach far beyond the hip pocket.

The Conversation

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Can a weak monsoon slow India's economy? Here's what investors need to know

A 10% rain deficit could add as much as one-percentage-point to headline consumer inflation driven by food prices, according to research by Yuvika Singhal, an economist at QuantEco Research. India’s cumulative rainfall was 43% below normal as of June 22.

The Economic Times

Burnham to pledge ‘circuit-breaker’ for Britain in devolution and economy speech

The Makerfield MP will confirm a flagship proposal to create a ‘No 10’ in the North and ambitions for ‘good growth in every postcode’.

Evening Standard

Of service to the State: Bengal should prioritise high-skill services, sidestep constraints that make manufacturing difficult

West Bengal's new budget prioritizes job creation, but the path through manufacturing faces significant hurdles like fragmented land and infrastructure challenges. Experts suggest a services-led growth strategy, leveraging the state's skilled workforce and diaspora. This approach, focusing on connectivity and supportive regulation, can build a non-farm economy, eventually making industrialization…

The Economic Times

Voices: Boko Haram’s war on education shows why cutting aid is a false economy

THE INDEPENDENT VIEW: Editorial: Abducted children, burned schools and millions shut out of classrooms are not distant problems. Abandoning Nigeria’s victims will only deepen the crisis

The Independent UK

Ed Miliband as chancellor would benefit every part of the UK – and the bond markets

If Andy Burnham promotes the energy secretary, Labour could fully use the benefits of net zero to promote growth and jobs, says Josh Ryan-Collins, professor of economics and finance at UCL

The Guardian - UK

Tribute to his leadership in Blue Economy, ocean governance: Seychelles Prez on conferring 'Guardian of the Blue Horizon' title on PM Modi

The President of Seychelles, Patrick Herminie, on Sunday conferred the honorary title of "Guardian of the Blue Horizon" on Prime Minister Narendra Modi, describing it as a tribute to his leadership in sustainability, the Blue Economy and ocean governance.

The Economic Times

India's debt market not equipped to finance next phase of growth, needs structural reforms: Deloitte

India's debt market is currently ill-equipped to fund the nation's ambitious economic growth targets, a Deloitte report highlights. To achieve a USD 7.3 trillion economy by 2030, structural reforms are urgently needed to boost liquidity, improve price discovery, and encourage broader investor participation. The report emphasizes the necessity of market-driven…

The Economic Times

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Bangkok Post

Kingdom targets slice of $4tn commercial boom

Thailand is eyeing growth in the "global pink economy" as speakers at a forum highlight rising market value, changing consumer behaviour and new investment opportunities.

Fortune

This rural Maine factory made 100 million COVID swabs a month. Its CEO says manufacturing's best days are ahead

The CEO of Puritan Medical Products argues that on America's 250th birthday, manufacturing isn't declining — it's an underappreciated growth story.

The Economic Times

Andy Burnham distanced himself from UK Prime Minister Starmer, but may be stuck with his policies

A significant leadership change is imminent in Britain as Andy Burnham prepares to succeed Prime Minister Keir Starmer. Burnham, recognized for his friendly nature, must adeptly handle the ramifications of Starmer's policies while striving to rejuvenate the economy and tackle the growing cost of living challenges. His approach, termed 'Manchesterism,'…

The Economic Times

China industrial profits stay resilient as economy leans on factories, exports

China's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and exports amidst weak domestic demand. While tech sectors like AI equipment are booming, automakers face a profit slump. Analysts anticipate government intervention to support struggling businesses as consolidation intensifies.

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The Economic Times

Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first half

Upcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for tech shares. While major indexes are set for a solid first half, recent volatility in semiconductor stocks highlights investor concerns about AI-driven profits and overheated markets. Inflation remains a…

Bangkok Post

Illegal World Cup streamers blocked

The Digital Economy and Society (DES) Ministry has stepped up efforts to combat illegal streaming and online gambling platforms during the World Cup, forging closer cooperation with rights holder Monomax to accelerate the removal of infringing content and illicit websites.

Fortune

Census data shows baby boomers still dominate the U.S. economy as Gen X and young Americans lose ground

New Census data shows the 65+ population grew 16.2% since 2020 — nearly triple the rate of millennials — as younger generations scatter to exurban fringes.

Reason

The Right Way To Fight a Trade War

Economist Soumaya Keynes discusses Trump’s tariff policies, how China changed the global economy, and why trade wars require restraint.

The Economic Times

India well-poised for rapid growth despite risks from West Asia war and El Nino: ITC

Despite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This growth is bolstered by favorable agricultural conditions, significant government infrastructure investments, and a resurgence in both rural and urban demand. While global tensions present risks, India's demographic advantages and ongoing digital…

France 24

VivaTech 2026: Space race hits new heights with reusable technology

Space loomed large over the 2026 VivaTech festival. Startups and technology giants alike have entered the new space economy – a sector previously dominated by government agencies. FRANCE 24’s Business Editor Kate Moody sat down with Marta Oliveira, Co-founder and Chief Operations Officer at Atmos Space Cargo, to talk about…

The Conversation

A goat’s tooth may have solved a 100-year debate about ancient Greek farming

The agricultural economy was the backbone of wealth in ancient Greece. Food brought people together, whether in smaller groups at a wine-drinking symposium, or the entire community in a sacrificial feast of epic proportions. In The Odyssey, the ancient Greek epic poem, Odysseus’s son joins one of these early feasts…

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