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The Latest Breaking News from Economy

Trump's Economic Claims Raise Questions Amid Lack Of Clarity

The economy's role in the upcoming election, with Trump's claims on household costs and inflation, raises questions for voters.

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Understanding The Impact Of Deflation On The Economy

Learn about the complexities of managing consumer prices for economic stability and growth.

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Against "Law and Political Economy"

I have a new paper out critiquing the "Law and Political Economy" Project. The Hewlett Foundation funds the project, based at the Yale Law School, as part of its nine-figure war on "neoliberalism." As I describe in the paper, LPE's website announces that the Project "brings together a network of…

Reason

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Jump in ACT energy bills as economy goes green - with more rises to come

Electricity bills to rise by more than inflation in the coming year.

The Canberra Times

Former President Trump Mispronounces VP Harris' Name In Tiktok

Former President Trump's recent TikTok video mispronouncing Vice President Harris' name while discussing the economy and promoting his economic message.

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Blizzard disables trading in Diablo 4 for the third time in a year, as another dupe bug wreaks havoc on its economy

Bugs so rife, you close trading thrice.

PC Gamer

Record 39 candidates to run in Sri Lanka’s presidential election

Economy remains key issue after protesters angered by financial crisis toppled President Gotabaya Rajapaksa in 2022.

Al Jazeera

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OPINION - This is not a drill: Britain’s economy is flashing green

I would be the first to admit it. My stories and commentaries on the state of the British economy have not made for very cheery reading over the past two or three years. Close friends have taken to calling me the Prynn Reaper during the seemingly interminable and gruelling cost…

Evening Standard

UK Economy Shows Strong Growth In Second Quarter

Recent data shows Britain's economy growing by 0.6% in Q2, led by the service sector, with some concerns for future growth.

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Stocks Muted Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.15% this morning as investors awaited a flurry of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

Barchart

Politics with Michelle Grattan: Jim Chalmers flags deal on Reserve Bank’s new structure is close

Cost of living remains at the top of people’s minds as inflation stays sticky. With an election in less than a year, the government has been doing what it can to address some of the pressures. But the Reserve Bank doesn’t envisage an interest rate cut this year, and has…

The Conversation

Stocks Rise Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.11%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.24% this morning as investors awaited a flurry of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

Barchart

Weekly Must-Read: Fixing China’s Trade Imbalance Needs a Home Remedy

The growing trade surplus underscores structural issues within China’s economy, which experts say can be fixed by intensified government efforts to boost domestic consumption

Caixin Global

As the American Dream dies, Americans struggle with their billionaires

Americans are souring on the wealthy, calling them to task amidst surging inequality.

Fortune

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The Guardian - UK

Labour ‘putting rail passengers first’, says minister as she blames Tories for prolonging strikes – as it happened

Louise Haigh says she hopes three-year pay deal offered to train drivers will resolve strikes

The National (Scotland)

UK economy continues recovery from recession in latest figures

THE UK economy continued its recovery from recession at the end of last year as growth extended over the latest quarter, according to the latest…

International Business Times

UK Growth Slows Slightly In Second Quarter

Britain's economy grew 0.6 percent in the April-June period, a slight slowdown compared with the first three months of the year, official data showed on Thursday.

The Independent UK

UK economy the fastest growing in the G7 in 2024, economists say

Experts warned the growth is unlikely to be sustained in the second half of the year

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Evening Standard

British economy grew 0.6% in the second quarter of the year

It was the second consecutive quarter of GDP growth following a 0.7% advance in the first three months of 2024

International Business Times

China's Underwhelming Data Dampens Hope Of Economic Recovery

Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world's second-largest economy despite recent government measures to try to stimulate expansion.

The Guardian - UK

UK economy continues recovery from recession with GDP growth of 0.6%

ONS data shows strong performance in second quarter with the service sector helping drive growth

The Guardian - UK

Dollar jumps as strong US retail sales ease recession fears – as it happened

US retail sales grew by 1% in July, much stronger than the 0.3% expected; UK GDP grew by by 0.6% in second quarter of 2024

Top News

Japan's Economy Grows 3.1% In April-June Period

Japan's economy rebounds with 3.1% growth in Q2 driven by domestic demand and exports. Concerns over macro policies and upcoming leadership change.

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Asian Shares Rise After U.S. Inflation Update And Japan's Growth

Asian shares rise on positive U.S. inflation data and Japan's economic growth, with markets showing gains. Japan's economy grows at 3.1% annual rate in Apr...

The Independent UK

Asian shares trade higher after Wall Street rise and Japan GDP data show growth

Asian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth

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