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The Latest Breaking News from Economy

Russian attacks on Ukraine power grid probably violate humanitarian law: UN

International Energy Agency also warns coming winter would prove to be ‘sternest test yet’ for Ukraine’s energy grid.

Al Jazeera

Stocks Soar Before the Open as Fed’s Big Rate Cut Boosts Sentiment, U.S. Economic Data and FedEx Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +1.48%, and September Nasdaq 100 E-Mini futures (NQU24) are up +2.03% this morning on expectations the Federal Reserve’s half-percentage-point rate cut will steer the U.S. economy toward a “soft landing,” while investors awaited a new round of U.S. economic data and an…

Barchart

Economy high on voters' mind ahead of Sri Lanka presidential election

Sri Lankan voters will head to the polls this Saturday to choose a new president. We'll see why the economy will be at the heart of the campaign with the financial collapse of 2022 still present in peoples' minds. In 2024, economic indicators have recovered but Sri Lankans are still…

France 24

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Bank of England governor ‘optimistic’ that interest rates can be cut, after ‘no change’ decision today – as it happened

Cautious Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs unchanged in 8-1 vote

The Guardian - UK

Vietnamese Real Estate Tycoon Faces Second Trial For Fraud

Vietnamese real estate tycoon faces second trial for .5 billion financial fraud, impacting economy and investor confidence.

Top News

Vatican's Assessment On Medjugorje Spiritual Experience

Explore the Vatican's assessment of the reported apparitions of the Virgin Mary in Medjugorje, Bosnia, and its impact on the region's economy and religious...

Top News

Sri Lanka's presidential election a test for current leader, 2 years after its economy hit bottom

Sri Lankans who usually vote along religious and ethnic lines will be keeping another factor in mind when they vote Saturday on a new president

The Independent UK

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The severity of Australia’s housing affordability crisis is obvious - this is how politicians could fix it

Affordability is too important to allow this status quo to continue. Housing underpins our economy and our society

The Guardian - AU

'Miserable' GDP result as New Zealand shrinks again

New Zealand's economy has shrunk for the fifth time in the past seven quarters, with an 0.2 per cent contraction in the period to June.

AAP

Fed slashes rates by a half-point – what that means for the economy and the presidential election

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the first time the cost of borrowing has been lowered in four years.

The Conversation

The stock market dipped after a historic Fed rate cut. Here’s what the experts think

“This is a Fed that believes they are behind the curve,” Robert Minter, director of ETF Investment Strategy at abrdn, told Fortune.

Fortune

Trump Suggests Fed's Interest Rate Cut Could Be Political Move

Former President Trump questions Federal Reserve's interest rate cut, sparking debates on economic policy and political influence.

Top News

Trump Suggests Fed's Interest Rate Cut Could Be Political

Former President Trump questions Federal Reserve's rate cut motives, sparking debate on economic policy and political dynamics.

Top News

Federal Reserve cuts US interest rates for the first time in four years

Central bank makes cuts after holding rates at two-decade high in aggressive bid to cool inflation

The Guardian - US

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Top News

Federal Reserve Cuts Rates Amid Concerns Over Rising Unemployment

The recent jumbo-sized rate cut by the Federal Reserve raises concerns about the US economy's health and rising unemployment.

The Guardian - UK

UK must stop being naive over resetting relations with EU, thinktank says

European Centre for International Political Economy outlines a plan to bring the two sides closer

Top News

Federal Reserve's Impact On US Economy Explained

Learn about the Federal Reserve's role in shaping the US economy through interest rates and data-driven decision-making.

AAP

Healthy jobs numbers to keep RBA on the sidelines

Australia's economy may be limping along but jobs are still going, although mostly part-time gigs and predominantly roles in the public sector.

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The Guardian - UK

IMF postpones Russia visit after heavy criticism across Europe

Trip to Moscow to review economy delayed indefinitely after protests it would ‘normalise relations with aggressor’

Top News

Understanding The Delayed Impact Of Federal Reserve Rate Cuts

Learn about the gradual and enduring impact of Federal Reserve interest rate cuts on the economy.

Fortune

Longtime China bull Ray Dalio fears economy faces problems as severe as Japan in 1990

The founder of hedge fund Bridgewater warns a restructuring is necessary to tackle China's growing problem of local government debt.

TechRadar

Is sustainable data storage a paradox?

The digital economy requires more technical infrastructure, which in turn leads to greater environmental impact.

Kiplinger

Should We Worry About the Slowing U.S. Economy

With the labor market cooling off and financial markets turning jittery, just how healthy is the economy right now?

Top News

Federal Reserve Decision: Quarter Or Half Point Interest Rate Cut?

Learn about the speculation surrounding the Federal Reserve's interest rate decision and its potential impact on the economy.

Top News

US Economy Reaches Turning Point As Inflation Surge Ends

Lael Brainard discusses the US economy's turning point and the impact of lower interest rates on housing market accessibility.

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