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The Latest Breaking News from Economy

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.

Radio France Internationale

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...

Top News

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…

The Conversation

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

Getting out of the immigration doom loop

Trump’s ignorant and sloppy “solution” makes intelligent, targeted immigration proposals ever more elusive

Salon

Markets are finally believing Fed chair Jerome Powell will pull off his soft landing

"The general direction of U.S. employment signals an economy very far from 'recession,'" wrote UBS chief economist Paul Donovan.

Fortune

One year after October 7 attacks: The economic impact of the war in Gaza

Since the Hamas-led attacks on October 7, 2023, Israel's economy has struggled to weather the storm of the war in Gaza. Some of its sectors, like defence and technology, have continued to grow while others, like tourism, agriculture and construction, have been badly hit. Meanwhile, the scale of destruction in…

France 24

Stock market today: Asian shares climb after blockbuster US jobs report

Asian shares have advanced after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street

The Independent UK

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Asian Markets Track Wall St Rally On Jobs Data

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.

International Business Times

The Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says

"Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia."

Fortune

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

The Independent UK

Latinas Are Powering U.S. Economic Growth, Outpacing Non-Hispanic Growth

Latinas' economic output surpasses the entire economy of Florida and places Latina economic output behind only California, Texas, and New York.

Latin Times

Tunisia votes in presidential polls marked by economic and political woes

Tunisians are headed to the polls on Sunday for presidential elections widely expected to be dominated by incumbent leader Kais Saied, who's seeking a new term amid a struggling economy and political tensions.

Radio France Internationale

A year of war accelerates ‘silent departure’ of Israel’s elite

Brain drain could undermine the country’s hi-tech economy as liberal families conclude social contract has been broken

The Guardian - UK

Gen X was supposed to be the economy's safety net—now they're the 'struggling middle child' balancing retirement and paying for adult children

"I am much more keenly aware of what's being saved and what's going out now than I ever have at any other point in my life."

Fortune

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France 24

Crisis-hit French territory of New Caledonia on brink of economic collapse

Back in the spring, the French Pacific territory of New Caledonia was gripped by deadly riots that left many businesses in ruin. This, in turn, aggravated its already crippled economy. The nickel industry, the archipelago's primary resource, was already facing setbacks before the riots, forcing many employers to lay off…

The Guardian - AU

Businesses say Australia’s economy depends on the environment. Will Labor’s ‘nature-positive’ summit help?

Financial leaders have urged the country to focus on protecting and restoring nature – but details remain thin on the ground

Top News

President Biden Celebrates Strong Economy And End Of Port Strike

President Biden addresses the nation, highlighting positive economic developments and commitment to growth and stability in the US.

StockNews.com

3 Chinese Stocks to Buy as Their Economy Rebounds

China’s economy has demonstrated a solid start in 2024, in line with the annual growth targets. Given this backdrop, it could be wise to buy top Chinese stocks Alibaba Group Holding (BABA), Ping An Insurance (PNGAY), and Tencent Holdings (TCEHY) as the nation’s economy rebounds. Read more.

The Independent UK

Citing Trump, Biden says he can’t guarantee election will be peaceful in president’s first remarks from White House press room

Biden had not been in the White House briefing room since taking office in 2021

Kiplinger

Strong September Jobs Report Puts Soft Landing in Sight: What the Experts Are Saying

A blowout reading on nonfarm payrolls takes another jumbo-sized cut to interest rates off the table.

The Independent UK

JetBlue ditches transatlantic hot meals for a ‘chilled’ menu in economy class

Options on the new menu include a courgette frittata and chicken grain bowl

The Conversation

Can China’s stimulus blitz fix its flagging economy?

Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The move, which came a week before the 75th anniversary of communist party rule, was made in response to concerns that China could miss its own 5%…

Fortune

A ‘grand slam’ jobs report could shift the Fed’s rate cut plans

“They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth Management, told Fortune.

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