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The Latest Breaking News from Economy

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.

Top News

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.

StockNews.com

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

The Independent UK

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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.

Kiplinger

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 Independent UK

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%…

The Conversation

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.

Fortune

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Middle East crisis and impact on UK economy ...The Standard podcast

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Evening Standard

President Biden Celebrates Strong Jobs Report With 250,000 New Jobs

President Biden shares positive news on U.S. economy with 250,000 new jobs in September and unemployment at 4.1%.

Top News

This week’s jobs numbers are very good news for Harris and Biden

Jobs numbers blow past expectations as US economy adds 254,000 jobs

The Independent UK

September Jobs Report Shows Strong Economic Expansion

September employment report shows a significant increase in job numbers, indicating a positive trend for the economy.

Top News

Federal Reserve's Rate Cut Impact May Take Months To Materialize

The Federal Reserve's recent rate cut may take time to impact the economy, with future cuts dependent on labor market conditions.

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Hong Kong Stocks Bounce As Middle East Fears Boost Crude Again

Buyers were back in the driving seat in Hong Kong after retreating on Thursday for the first time since Beijing last week unveiled a raft of economy-boosting measures that have brought investors flooding back to the market.

Latin Times

Israel's Economy Resilient Amid Escalating Conflict

Israel's economy faces strain amidst escalating tensions and conflict in the Middle East.

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The Guardian - UK

Keir Starmer defends Chagos Islands deal after Boris Johnson accuses Labour of ‘sheer political correctness’ – as it happened

PM says deal ensures continuation of UK-US military base on the islands and has been welcomed with ‘warm words’ by US

The Guardian - UK

Friday briefing: What the end of Port Talbot steelworks says about Britain’s green energy transition

In today’s newsletter: The end of coal, steel plants facing closure – how the UK is trying to build a post-fossil fuel economy

The Guardian - UK

Today, with our £22bn pledge for carbon capture, Labour’s green revolution for Britain begins

Revitalising the country’s industrial heartlands and creating decent, well-paid jobs is at the heart of our mission, says chancellor Rachel Reeves

Al Jazeera

How will Trump’s plans to deport undocumented migrants impact US economy?

Studies show Trump policies would cause ‘significant tightening in the already-tight job market’, hurting many sectors.

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Lebanese Economy Minister Condemns Israel's Offensive In Lebanon

Lebanese Economy Minister Amin Salam expresses grave concerns over the impact of Israel's offensive in Lebanon, highlighting the escalating proximity of at...

AAP

Nature 'taken for granted' sparks calls for change

Environmentalists, insurers and industry groups have aligned to warn Australia must address biodiversity loss to meet global promises and protect the economy.

International Business Times

Israel-Hamas War Causes 86-percent Dive In Gaza GDP: IMF

A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP. "Preliminary official estimates indicate an 86 percent decline in GDP in the first…

Latin Times

Close to 3 Million People Could Lose Deportation Safeguards With Trump's Immigration Plan

Such a figure could have devastating effects on the U.S. economy, according to a new Bloomberg report

Radio France Internationale

Bumpy road as Ethiopia struggles with electric vehicle revolution

Ethiopia this year became first country in the world to ban imports of petrol and diesel vehicles – marking a dramatic shift towards electric ones. The bold move aims to boost the economy and protect the environment, but it also faces significant challenges in a nation where only half the…

The Guardian - UK

‘It used to be a farm – now it’s a mall’: how El Salvador’s crisis-hit coffee producers are trying to adapt

Coffee once drove the economy but war, migration, climate and disease crippled the industry. Now, a new generation with women at the fore is focusing on quality as the answer

The Guardian - UK

The Tories are deluded to think they’ll be back in power in 2029. Here are three economic reasons why

Labour’s squandering of its political capital has given hope to the right. But Britain’s voters want a leftwing agenda, says Guardian economics editor Larry Elliott

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