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The Latest Breaking News from Economy

Germany's Economy Faces Second Consecutive Year Of Contraction

Germany's economy faces challenges with a second year of contraction, impacting politics and reforms. Learn about the forecasted decline and the push for s...

Top News

German Govt Sees Economy Shrinking Again In 2024

The German government slashed its 2024 forecast Wednesday for Europe's largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025.

International Business Times

Germany's economy is on track to shrink for a second straight year

Germany's government says the country’s economy is on track to shrink for a second consecutive year

The Independent UK

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Chinese stocks suffer worst fall in 27 years over growth concerns

Investors disappointed after hoped-for policy plans by Beijing to stimulate economy failed to materialise

The Guardian - UK

Trump is falsely blaming Harris for high prices. His plans will cause huge inflation

The pandemic, Russia-Ukraine war and corporate price-gouging have all contributed to inflation – not Kamala Harris

The Guardian - US

Wednesday briefing: Inside Labour’s plan to move the fiscal goalposts – and tackle debt

In today’s newsletter: Rachel Reeves calculates that changing debt rules could help boost the UK economy, but what does it really mean?

The Guardian - UK

Mozambique Elects New President In Tense Vote

Mozambique votes for a new president, governors and members of parliament on Wednesday as jihadist violence stalls natural gas projects that could bring a major boost to its morose economy.

International Business Times

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The US Economy Is Solid: Why Are Voters Gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

International Business Times

Is sustainable development possible? Only if we take a unified approach

With this year’s annual United Nations Framework Convention on Climate Change Conference of the Parties (COP29) summit set to take place in a little over a month in Azerbaijan, the world’s attention once again turns to climate change, resource security and the goals of sustainable development.

The Conversation

Dollar Posts Modest Gains as T-note Yields Strengthen

The dollar index (DXY00 ) Tuesday rose slightly by +0.02%, supported by higher T-note yields. Also, hawkish Fed comments supported the dollar. New York Fed President Williams said the Fed is "well positioned" to pull off a soft landing for the US economy, and St. Louis Fed President Musalem warned...

Barchart

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)

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

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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,...

Top News

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.

The Conversation

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…

Kiplinger

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.

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news in one place.

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Latin Times

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.

Evening Standard

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

The Conversation

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.

Barchart

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…

The Independent UK

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

International Business Times

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.

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.

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