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The Latest Breaking News from Economy

Stock market today: Asian shares mostly decline, shrugging off Wall Street's overnight rally

Asian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president

The Independent UK

Cheapest economy airfares more than doubled on some routes after collapse of Rex flights

ACCC says ticket price spike corresponds with concentration of sector and warns ‘it may be some time before a new airline emerges to compete’

The Guardian - AU

Former CIA chief Leon Panetta says Trump's economic boost contains a hidden $7 trillion threat

The ex-Secretary of Defense said Trump's policies could propel the economy but might send the national debt soaring even higher.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Democrats should have celebrated America’s stunning economic success–but they were intimidated by progressives

The elitist Biden and Harris advisors bought into the false Trump economic narrative rather than confidently and clearly explain the actual economic facts.

Fortune

Stocks Rise As Market Reacts To Trump's Policies

U.S. stocks surge post-Trump victory, led by Tesla and JPMorgan Chase. Market influenced by Trump's policies and global reactions.

Top News

The just energy transition ignores labour outside the formal economy. So is it just?

The just transition debate centres on how to move away from fossil fuels towards renewable energy systems while safeguarding working conditions, livelihoods, and economic and social rights of workers in industrial sectors.

The Conversation

Mass Deportations Could Impact US Economy And Job Market

Trump's immigration policies could have significant financial implications on the US economy.

Top News

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Trump voters said they were angry about the economy – many of them had a point

Inflation has slowed down, and real incomes – typical wages adjusted for inflation – have bounced back to levels last seen before the COVID-19 pandemic.

The Conversation

Far-right leaders are winning across the globe. Blaming ‘the economy’ or ‘the left-behinds’ won’t cut it

The economy matters, but the likes of Trump succeed by offering voters revenge for problems both real and imagined, says author and Salvage founder Richard Seymour

The Guardian - UK

Americans Hope For Trump To Address Economy And Inflation

Americans express hopes and concerns for Trump's post-election agenda, focusing on economy, inflation, and presidential engagement.

Top News

The great Russian butter robbery—and what it reveals about Putin’s wartime economy

The price of a butter slab has spiked 26% since December, reflecting how inflation is unraveling for the average Russian in Vladimir Putin's war economy.

Fortune

Trump’s tariff plan ‘doomsday scenario’ for UK economy, senior Labour figure warns

Liam Byrne, Labour chair of Commons business committee, says plans by next US President would hurt growth

The Independent UK

Stocks Set to Open Higher as Investors Await U.S. Inflation Data and Powell Speech

December S&P 500 E-Mini futures (ESZ24) are up +0.33%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.29% this morning as Donald Trump’s election victory continued to boost risk appetite, while investors looked ahead to U.S. inflation data, a fresh batch of corporate earnings reports, as well as remarks…

Barchart

China's 'Singles Day' Shopping Spree In Spotlight As Spending Flags

China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding in the world's second-largest economy after recent efforts by Beijing to boost activity.

International Business Times

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The Independent UK

The Singles' Day shopping festival loses its shine under China's lagging economy

The Singles’ Day shopping festival is looking less shiny this year as e-commerce firms look abroad for growth

International Business Times

Asian Stocks Drop As China Support Plan Falls Flat, Bitcoin Hits Record

Asian markets fell Monday after China's keenly anticipated plans to support the world's number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week's election win.

Top News

Laredo Mayor Warns Mass Deportations Would Devastate Economy

Laredo Mayor warns against economic impact of mass deportations proposed by Trump. Importance of undocumented immigrants in economy highlighted.

The Guardian - AU

Morning Mail: Chalmers warns of Trump effect on economy, Ukraine drones target Moscow, EV sales falter

Treasurer cautions that Republican leader’s second term will affect the Australian economy

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news in one place.

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The Guardian - UK

Labour advisers want lessons learned from Harris defeat: voters set the agenda

Focusing on joy over voters’ concerns about economy was Harris campaign’s downfall, some Labour insiders say

The Conversation

Jobs of the future: South Africa has major gaps in skills needed to shape the green economy

Globally, there’s a shortage of people with the expertise and skills needed to drive the transition towards a green economy – known as green talent. The pool of green talent needs to be doubled by 2050 if the world is to move away from fossil fuels. In South Africa, despite…

Evening Standard

Government officials taking advice on economic scenarios under Trump presidency

There are fears about the possible impact on the UK economy should the president-elect introduce tariffs.

Fortune

'Roaring 20s' on Wall Street could extend into the 2030s after Republican sweep, market veteran says

"We're sticking with our investment recommendation to Stay Home rather than to Go Global. In other words, overweight the US in global stock portfolios."

The Guardian - UK

‘Tariff man’ Trump puts Britain in firing line of new global trade war

Donald Trump’s US election campaign threat to impose 10% levies on US trading partners could hurt the UK economy

The Guardian - UK

The collapse of Germany’s government will delight Trump – and his European friends

The German dream of centrist, stable government has been dashed by geopolitical forces and the cult of balanced budgets, says Paul Taylor of the European Policy Centre

Top News

House Democrats Warned Of Working-Class Voter Loss Risk

House Democrats express frustration over party's failure to connect with working-class voters on key issues like immigration and the economy, urging for im...

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