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The Latest Breaking News from Economy

Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts

Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market and the broader economy could be cooling

The Independent UK

GM will pay $146M in federal penalties because 5.9 million older vehicles emit excess carbon dioxide

General Motors will pay nearly $146 million in penalties to the federal government because 5.9 million of its older vehicles don’t comply with emissions and fuel economy standards

The Independent UK

Ghana’s schools don’t teach enough about geoscience: why kids need to know how the planet works

Over the last few decades Ghana has seen a rise in environmental degradation such as pollution, deforestation and land degradation. These have been driven by urbanisation, industrialisation, carbon emissions and waste burning. Environmental problems have an impact on public health and the economy. One path to finding solutions is geoscience…

The Conversation

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

Egypt swears in a new Cabinet as mounting economic challenges fuel public discontent

Egypt’s new Cabinet has been sworn in as the country faces an ailing economy and raging conflicts in neighboring nations

The Independent UK

Indonesia Launches First EV Battery Plant

The country, which is the region's largest economy and home to the largest nickel reserve in the world, has been seeking to position itself as a key player in the global electric vehicle supply chain.

International Business Times

Eight Tips for Managing Fluctuating Income

Your income might not be regular, but your saving, budgeting and financial planning can be. Business experts offer ideas to manage issues associated with fluctuating income.

Kiplinger

NZ is moving closer to digital IDs – it’s time to rethink how we protect our valuable data

New Zealand shifted closer towards digital credentials for access to online services this week with the launch of the Trust Framework Authority. It will determine which organisations are verified to provide digital identity services.

The Conversation

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PM ‘will consider’ easing booze sale rule

The government has promised to consider lifting the afternoon ban on alcohol sales to help restaurant operators who say the poor economy is starting to hurt them.

Bangkok Post

JPMorgan's Chief Strategist Reiterates Bearish Outlook, Says The S&P 500 Will Fall 23% By Year-end

JPMorgan strategist Marko Kolanovic forecast a significant S&P 500 decline by year-end as US GDP growth in Q1 slowed considerably amid headwinds like downward earnings revisions.

International Business Times UK

3 Undervalued Small-Cap Stocks to Buy Before They Take Off

As the economy rebounds from tight monetary policies, small caps are poised to benefit from the cyclical upturn due to their greater sensitivity to economic conditions than large caps. Thus, it could be wise to invest in these three undervalued small-cap stocks: LifeVantage Corp. (LFVN), Hudson Global (HSON), and SigmaTron…

StockNews.com

Firms pushed to cheat to win work as budgets blow out

Construction projects are facing cost blowouts, as firms vying for work are encouraged to cheat amid a "race to the bottom" to win contracts, an inquiry heard.

AAP

'Trust me' with your money, Rachel Reeves tells voters across UK as July 4 polling day looms

EXCLUSIVE: Shadow Chancellor speaks to The Standard on tax, the City after Brexit and Heathrow expansion

Evening Standard

The IMF is failing countries like Kenya: why, and what can be done about it

The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy.

The Conversation

What are the Conservatives really saying when they say ‘don’t surrender’ to the Labour party?

Rishi Sunak and the Conservatives have gone from encouraging people not to vote for their opponents, to telling them “don’t surrender” to Labour. The Conservatives have said that a Labour vote would mean surrendering the economy, their pension and their children’s education, among others.

The Conversation

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International Business Times UK

16 Nobel-Prize Economists Say 'Joe Biden's Economic Agenda Is Vastly Superior to Donald Trump'

The Nobel laureates think former President Donald Trump's re-election will reignite inflation and have a destabilising effect on the US economy.

Al Jazeera

Why has the UK’s economy grown so slowly under the Tories?

Economic growth under Conservative government is lowest since 1826, experts say.

The Guardian - UK

I simulated each UK party’s first years in government in a video game, and the results were awful

For the past week, I’ve been feeding UK party manifestos into the politics management game, to simulate their results five years on … Are you ready to be dismayed?

International Business Times UK

'India Superior Over Any Emerging Market': 5 Things To Consider If You Want To Expand Your Business There

India is a bright spot amid global economic uncertainties with strong macroeconomic fundamentals, high saving rates and political stability.

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The Guardian - UK

Obsession with growth is enriching elites and killing the planet. We need an economy based on human rights

Economic growth allows the few to grow ever-wealthier. Ending poverty and environmental catastrophe demands fresh thinking

Newcastle Herald

Hunter workers join ACTU push for net zero authority support in Canberra

The Net Zero Economy Authority legislation is before the Senate.

The Guardian - UK

She could soon be the UK’s first female chancellor – but who is Rachel Reeves?

The 45-year-old has the perfect CV for the role, with experience at the Bank of England and in private finance – but how has her background shaped her tough stance on public finances?

Evening Standard

Labour more trusted than Tories on economy and stock market according to poll by investment platform XTB

Conservative attacks on Labour’s approach to the economy appear to have failed with Sir Keir Starmer’s party leading the Tories by 13 points in the key electoral battleground of the economy.

France 24

French stocks jump in post-election relief rally as hung parliament looms

Paris's CAC 40 index jumps at the open after losing more than 6 percent last week, as investors calculate the possibility of a hung parliament in Europe's second-largest economy. Plus, we take a closer look at France's public debt and the spending plans of the far-right National Rally and the…

Al Jazeera

Will Iran’s foreign policy change under a new president?

The two candidates offer different approches, but whoever wins won’t be the sole decision-maker in Iran’s system.

The Independent UK

Surveys show Chinese economy growing but at modest pace

Surveys of Chinese factory managers show a mixed outlook for the world's No. 2 economy, with growth steady but not picking up much steam

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