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The Latest Breaking News from Economy

UK economy returns to growth in August after two stagnant months

Rachel Reeves will announce her autumn Budget on 30 October

The Independent UK

UK economy returns to growth after interest rate cut drives retail spending

Output was up by 0.2% in the month after flatlining in June and July

Evening Standard

UK economy returns to growth in boost to Rachel Reeves before budget

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

The Guardian - UK

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‘Sigh of relief’ for Labour as UK economy returns to growth; BlackRock hits $11.5tn of assets – as it happened

UK GDP rose by 0.2% in August, reports Office for National Statistics, with accountancy, retail and many manufacturers having strong months

The Guardian - UK

Weekly Must-Read: China’s Stimulus Bomb Sparks Optimism, but Economy May Still Struggle

The benchmark CSI 300 Index posted its biggest weekly gain in nearly 16 years and the yuan hit a 16-month high after the Politburo and central bank issued a barrage of measures to boost lending and bolster lagging economic growth

Caixin Global

South Korea's central bank raises rates in a bid to boost the economy

South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt

The Independent UK

John Swinney to press Keir Starmer on investment for Scotland in private meeting

JOHN Swinney is set to press Keir Starmer to work with him to deliver increased investment into Scotland’s economy during a private meeting on…

The National (Scotland)

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Use of AI in property valuation is on the rise – but we need greater transparency and trust

New Zealand’s economy has been described as a “housing market with bits tacked on”. Buying and selling property is a national sport fuelled by the rising value of homes across the country.

The Conversation

US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets

It wasn’t that long ago that the Federal Reserve, the central bank for the United States, was worrying that annual inflation would surpass 9% in the middle of 2022. The U.S. economy hadn’t seen prices rise that fast since the 1980s, and most everyone feared that a series of interest…

The Conversation

Arizona Senate Debate Heats Up Over Immigration And Abortion

Arizona Rep. Ruben Gallego and challenger Kari Lake debate on immigration, abortion, and economy in a heated exchange during the Senate race.

Top News

'We have to attack Iran,' says Israeli economy minister

FRANCE 24 spoke to Israel's Economy and Industry Minister Nir Barkat, who previously served as mayor of Jerusalem and is a member of PM Binyamin Netanyahu's Likud party. "We have to attack Iran", he declared, saying that this included hitting Tehran's nuclear capabilities.

France 24

Experts reveal running your washing machine at this time can save on your energy bills - but it all depends on your tariff

Did you know certain times of the day are cheaper than others?

Ideal Home

‘Dr. Doom’ Nouriel Roubini says Trump is more likely to lead to stagflation—a fate worse than recession

“The combination of trade, currency, monetary, fiscal, immigration, and foreign policy of Trump poses much higher risks of stagflationary outcomes than if Kamala Harris is elected,” said economist Nouriel Roubini.

Fortune

Malaysia could reach high-income status by 2028, World Bank says

Southeast Asian economy on track to reach milestone within four years after 2024 growth forecast raised to 4.9 percent.

Al Jazeera

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The Guardian - UK

This is the future for Kamala Harris: unless she solves this economic mystery, Trump wins

She is losing the tussle between head and heart. The economy is better than it has ever been, but ordinary people don’t feel it, says Guardian columnist Aditya Chakrabortty

International Business Times

China's Central Bank Says Opens Up $70.6 Bn In Liquidity To Boost Market

China's central bank boosted support for markets on Thursday as it launched a "swap facility" offering firms access to $70.6 billion in liquidity as Beijing seeks to raise confidence in the country's flagging economy.

The Conversation

Yes, nature is complex. But saving our precious environment means finding ways to measure it

Nature loss directly threatens half the global economy. The rapid destruction of biodiversity should alarm the many Australian businesses dependent on nature, such as those in agriculture, tourism, construction and food manufacturing. Yet nature considerations are often ignored in business decision-making.

The Independent UK

Flexible working and paternity leave: What you need to know about the Government’s new Employment Rights Bill

There are 28 separate changes in the Employment Rights Bill

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Barchart

Dollar Climbs With T-note Yields

The dollar index (DXY00 ) Wednesday rose by +0.33% and posted a 1-3/4 month high. Strength in T-note yields Wednesday was supportive of the dollar. Also, positive comments from Fed Vice Chair Jefferson boosted the dollar when he said the US economy is growing at a "solid pace." In addition,...

Top News

Trump Leads Harris In Handling Economy, New Poll Shows

Gallup poll reveals Trump's lead over Harris in managing the economy, a crucial issue for voters in the 2024 election.

The Independent UK

Starmer warned EU reset plan to ‘make Brexit work’ not enough to save economy

Exclusive: Starmer’s chief negotiator says the prime minister is “ambitious” about resetting the UK’s relationship with the EU in a letter seen by The Independent

The Conversation

Despite progress on poverty, Mexico’s first female president inherits a shaky economy

Mexico’s first female president, leftwing academic and climate scientist Claudia Sheinbaum, has set out her agenda. She pledged to maintain the social policies of her mentor and predecessor, the widely popular former president Andrés Manuel López Obrador (commonly known by his initials, AMLO).

The Guardian - UK

People in the US: how do you feel about the economy and cost of living?

We would like to hear from Americans about their feelings about the US economy ahead of the November election

Barchart

Dollar Strengthens and Gold Falls on Higher T-note Yields

The dollar index (DXY00 ) today is up by +0.20% at a 1-3/4 month high. Strength in T-note yields today is supportive of the dollar. Also, positive comments from Fed Vice Chair Jefferson boosted the dollar when he said the US economy is growing at a "solid pace." In addition,...

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