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The Latest Breaking News from Economy

Schools stoush rages on as teachers demand more funding

The teachers' union is calling for a ban on the implementation of a new schooling model until the federal government lifts its share of public school funding.

AAP

Reeves to press ahead with plans to borrow billions for investment

Exclusive: Chancellor’s plan to change rules to allow more borrowing comes as cost of government debt rises

The Guardian - UK

Sweden shows energy overhaul could boost Scottish economy, says Octopus Energy boss

THE industrial investment Sweden has attracted through introducing zonal energy pricing shows how much the Scottish economy could benefit from…

The National (Scotland)

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Why Is the Fed Slashing Rates in a Strong Economy? Why Investors Are Worried And a 'Goldilocks' Jobs Report Is the Key

In September 2024, the Federal Reserve made a surprising move by slashing interest rates by 50 basis points—a bigger cut than most economists had predicted. While rate cuts are usually a sign of an economic slowdown, U.S. GDP remains relatively strong, leaving many market watchers puzzled. So, why the rate...

Barchart

Dollar Eases on Stock Market Strength

The dollar index (DXY00 ) today is down by -0.04% as a rally in stocks curbs liquidity demand for the dollar. Hawkish Fed comments limited losses in the dollar. New York Fed President Williams said the Fed is "well positioned" to pull off a soft landing for the US economy,...

Barchart

Harris Edges Ahead Of Trump In Recent Poll Results

Vice President Kamala Harris leads Donald Trump in a new poll on representing change, but Trump maintains voter trust on key issues like the economy.

Top News

Trump and Harris are sharply divided on science, but share common ground on US technology policy

For the first time in American history, quantum computing was mentioned by a candidate during a presidential debate, on Sept. 10, 2024. After Vice President Kamala Harris brought up quantum technology, she and former President Donald Trump went on to have a heated back-and-forth about American chipmaking and China’s rise…

The Conversation

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It's Time to Make a Plan for Your Cash

While we are unlikely to return to the days of zero interest rate policy, cash and cash equivalents won't be the slam dunk they have been during the past two years.

Kiplinger

China Stocks Rally Fizzles On Stimulus Worries Amid Asia Retreat

Oil, which has been boosted by hopes for a recovery in the world's number two economy, sank almost two percent. Uncertainty over China has offset worries about a regional war in the Middle East as Israel considers its response to Iran's missile attack last week.

Latin Times

Worker visas for London businesses need to be speeded up to fill vacancies, bosses urge the Government

The London Chamber of Commerce and Industry warned against an excessive clampdown on immigration

Evening Standard

From mass deportations to huge tariff hikes, here’s what Trump’s economic program would do to the US and Australia

It’s time to take Donald Trump seriously. Betting markets say it’s as likely as not he will be elected US president four weeks from today.

The Conversation

Stock Index Futures Climb Ahead of Fed Speak, U.S. Inflation Data and Earnings Awaited

December S&P 500 E-Mini futures (ESZ24) are up +0.36%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.40% this morning, signaling a partial rebound from yesterday’s slump, while investors awaited further comments from Federal Reserve officials, with all eyes on Thursday’s key U.S. inflation report and the start of…

Barchart

China announces more support for economy but holds back on major spending package

China’s economic planning agency has outlined details of measures aimed at boosting the economy but refrained from major spending initiatives

The Independent UK

Shanghai Stocks Soar To Extend Stimulus Rally Amid Asia-wide Drop

Mainland Chinese stocks roared ahead Tuesday as traders returned from a week-long break to resume a blistering rally fuelled by a raft of measures aimed at reigniting the world's number two economy.

International Business Times

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Reason

The Economic Impact of the Chinese Exclusion Act

New National Bureau of Economic Research study shows this notorious law not only harmed would-be immigrants, but also damaged the US economy and reduced employment opportunities for native-born whites.

The Times of India

Monetary policy committee meet: RBI moving closer to rate cut

India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and growth in the world’s fastest-expanding major economy moderates.

AAP

'First light culture' to awaken predicted tourist boom

An ambitious tourism target has been set for NSW, but extra capacity and the right branding will be needed to deliver on the goal.

Newcastle Herald

Newcastle's international airport terminal to 'underpin' tourism boom

Tourism to become $91 billion cornerstone of economy, NSW government review shows.

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Fortune

Women in Asia are slowly starting to break through historic barriers to the top of the corporate world

The new Most Powerful Women Asia list spotlights 100 women who are breaking the glass ceiling.

International Business Times

Markets Tumble, Oil Surges Amid International, Domestic Crises

The recovering U.S. economy showed it isn't out of the woods yet when it comes to a soft landing as three frightening factors reared their ugly heads on Monday.

Fortune

The economy is headed for a soft landing but investors should still reduce risk, JPMorgan strategy chief warns

Investors are "passively allowing risk to accumulate," JPMorgan Asset Management’s chief global strategist David Kelly told Business Insider.

Reason

Trump's Deportation Plan Would Cost Nearly $1 Trillion

And it would wreck the economy.

Radio France Internationale

EU hails 'promising' initial budget talks with France

EU economy chief Paolo Gentiloni on Monday welcomed his "promising" discussions about France's budget with French Finance Minister Antoine Armand as Paris aims to rein in spending and bring down its deficit.

Top News

Trump's Tax Proposals: Impact And Feasibility

Explore Donald Trump's tax proposals and their potential impact on the economy and taxpayers. Learn about key ideas like eliminating taxes on tips and cutt...

The Conversation

Books that shook the business world: Talking About Machines by Julian E. Orr

In 1969, Austrian-American writer Peter Drucker foretold a major societal and economic shift driven by knowledge. However, it would not be until the 1990s that scholars, managers, management consultants and policy-makers would herald the arrival of the knowledge economy, whereby goods and services depend not just on labour but on…

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