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The Latest Breaking News from Economy

US economy adds 142,000 jobs in August as Fed plans to cut interest rates

S&P also suffered its worst week since 2023, and Nasdaq since 2022, with tech companies leading Friday’s sell-off

The Guardian - US

Harris must awaken the nation from the 'sleeper effect' at the debate with Trump—and dispel the oft-repeated falsehood that the booming U.S. economy isn’t doing so well

Is the U.S. economy better than it was 4 years ago? Absolutely!

Fortune

South Africa’s economy needs a shot in the arm, not austerity: 3 key areas where more public spending would get results

For the past 11 years the South African government has pursued a policy of austerity. In recent years, government has reduced per capita spending (adjusted for inflation) by significant amounts. Spending on public services, for example, health and education, for each member of the population has fallen since 2019, from…

The Conversation

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

Eurozone Second-quarter Economic Growth Revised Down

The eurozone economy's growth in the second quarter this year was slightly smaller than previously estimated after the EU's statistics agency on Friday revised its data.

International Business Times

App Helps Mexican Tortilla Makers Join Digital Economy

Long marginalized by the banking industry, Mexico's neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many.

International Business Times

China Pushes Smaller, Smarter Loans To Africa To Shield From Risks

China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home.

International Business Times

Jobs report will help Federal Reserve decide how much to cut interest rates

Friday’s monthly jobs report will likely mark a pivotal moment for the economy and the Federal Reserve

The Independent UK

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Asian Markets Swing As Traders Prepare For US Jobs Data

Asian markets drifted Friday as traders positioned themselves ahead of a highly anticipated US jobs report later in the day and following a mixed bag of economic data on the world's top economy.

International Business Times

Migration remains a hot-button issue. But Australia should be careful not to throw the baby out with the bathwater

If the problem we’re trying to solve is housing undersupply, then planning and tax policies, not migration, should be where the focus is

The Guardian - AU

Kamala Harris To Focus On Small Business Growth And Economy

Voters in key states prefer Trump over Harris on economy, but Harris supporters optimistic about her plans for economic growth and job creation.

Top News

Australia has just been handed a map for getting to net zero. Here’s how it will guide us

Australia’s push for net-zero emissions received a welcome boost on Thursday, with the release of an official report showing how Australia can seek to cut domestic emissions across each sector of the economy.

The Conversation

3 Emerging Market ETFs to Buy for Global Growth Exposure

Emerging markets are key participants of the world economy offering diverse opportunities and multi-fold prospects. Therefore, it could be wise to invest in robust emerging markets ETFs Schwab Fundamental Emerging Markets Equity ETF (FNDE), SPDR Portfolio Emerging Markets ETF (SPEM), and iShares MSCI Emerging Index Fund (EEM) for global growth…

StockNews.com

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Salon

Goldman Sachs: Harris better for economy

Analysts said that Trump's policies on issues from tariffs and immigration could cut into U.S. GDP

The Conversation

Israel: 11 months of war have battered the country’s economy

After 11 months of war, Israel is facing its biggest economic challenge in years. Data shows that Israel’s economy is experiencing the sharpest slowdown among the wealthiest countries of the Organisation for Economic Cooperation and Development (OECD).

Al Jazeera

A city at risk of collapsing: The cost of the search for gold in Zimbabwe

How illegal gold mining is leaving a trail of destruction and threatening lives in the mineral-rich city of Kwekwe.

The Conversation

Oil and gas communities are a blind spot in America’s climate and economic policies

On a recent visit to Rangely, a small town in northwest Colorado, my colleagues and I met with the administrators of a highly regarded community college to discuss the town’s economy. Leaving the scenic campus, we saw families driving into the mountains in off-road vehicles, a favorite activity for this…

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news in one place.

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The Texas Tribune

Eight Texas independent voters share how they're sizing up the candidates heading into November

Among independents, men lean toward Trump and women to Harris, according to polling. We talk to independents about the candidates they favor and the issues that matter to them.

The Guardian - AU

No interest rate cut in the near term and you may have to sell your house: key takeaways from RBA governor’s speech

Selling would be bad news for struggling homeowners, but Michele Bullock likely thinks a long period of high inflation would be worse

The Independent UK

Americans who have a job are feeling secure. Not so for many who are looking for one

The American labor market, red-hot for the past few years, has cooled

Radio France Internationale

France pays €130m to New Caledonia to revive post-crisis economy

The French government has paid out €130 million in additional aid to businesses and public services in New Caledonia in a bid to deal with the crisis that erupted in mid-May.

International Business Times

Greek Economy On Rebound But Many Still Struggling

Greek barista Kyriakos Giannichronis has seen the headlines about his country's newly booming economy after years of recession -- but he does not feel the wealth.

The Independent UK

Asian stocks mixed after Wall Street extends losses as technology and energy stocks fall

Asian markets are mixed following Wednesday’s global sell-off, as Wall Street declined in the technology, energy and other sectors

Reason

The Government's Permitting Regime Is Choking the Economy

Housing costs, job availability, energy prices, and technological advancement all hinge on a web of red tape that is leaving Americans poorer and less free.

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