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The Latest Breaking News from Economy

New Polls Show Tight Race In Critical Swing States

New polls show close competition between Harris and Trump in swing states, with economy a key issue. Democratic Senate candidates leading in Arizona and Ne...

Top News

Unemployment is rising and Australia’s economy is weak – but don’t hit the recession alarm just yet

Are we headed for a recession? The answer is complex – although for young people it already feels like one

The Guardian - AU

What do Americans think of the economy?

In 2023, 42% of Americans felt good about the shape of their local economy.

USAFacts

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

The Guardian view on trade unions: good for capitalism

Editorial: Drop the cliches about union barons and militant strikers; organised workers are essential to a modern economy

The Guardian - UK

Jackson Hole: how a meeting of bankers in a remote Wyoming valley could have consequences for us all

The economic world recently turned its attention to the resort of Jackson Hole, in a remote Wyoming valley. The annual economic policy symposium of central bankers, policymakers, academics and financial gurus took place in this unlikely spot, producing outcomes that hold significant implications for economies worldwide.

The Conversation

U.S. Latinas' contribution to the GDP continues to grow, now topping Florida's economy

The figure amounts to $1.3 trillion and has grown more than 50 percent between 2010 and 2021, according to a new report

Latin Times

Kate Forbes hails Scottish GDP growth 'despite restraints of Brexit and devolution'

KATE Forbes has hailed new figures showing Scotland’s GDP growth in the second quarter of 2024 “despite the restrictions of the devolution…

The National (Scotland)

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Liz Truss hits back at claim she considered scrapping all NHS cancer treatment after crashing economy

Former PM denies claim in new biography she considered extraordinary measures to fix budget black hole

The Independent UK

China’s two richest people lose billions in consumer stock rout

Record-breaking stock selloffs in two of China’s biggest consumer companies erased more than $18 billion from the fortunes of the nation’s richest people, underscoring deepening investor concern over the health of Asia’s biggest economy.

The Times of India

Thailand’s new prime minister inherits a $14 billion cash handout problem and a sluggish economy

Thailand’s economy isn’t growing as fast as its peers.

Fortune

US Consumer Confidence Rises In August

Older consumers feel better about the economy than younger ones

International Business Times

Competition in South Africa’s electricity market: new law paves the way, but it won’t be a smooth ride

South Africa endured an electricity crisis from 2008 characterised by intermittent rolling blackouts and a growing culture of non-payment. The state-owned utility, Eskom, came to be regarded as the single largest risk to South Africa’s economy. At the end of March 2020 Eskom’s debt stood at R488 billion (US$27.4 billion).

The Conversation

OPINION - Keir Starmer's mission-led government collides with short-term fiscal reality

The central problem with 'levelling up' was that no one in government ever quite articulated what it meant. Was it the application of a lick of paint to dilapidated northern high streets, or did it entail a fundamental rewiring of the British economy? And if it was the latter, join…

Evening Standard

How Bangladesh’s interim leaders can turn the country’s troubled economy around

The current political turmoil in Bangladesh, which has seen the government collapse in the face of widespread protests, will pose a fresh set of challenges for the country’s economy. One of the most immediate impacts will be a slowdown in economic growth, as instability creates uncertainty and undermines investor confidence.

The Conversation

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Barchart

Stock Index Futures Tread Water Ahead of U.S. Economic Data, Nvidia Earnings Awaited

September S&P 500 E-Mini futures (ESU24) are down -0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.05% this morning as investors awaited a fresh batch of U.S. economic data and braced for Nvidia’s financial report due on Wednesday.

Barchart

Stock Index Futures Inch Higher Ahead of U.S. Economic Data, Nvidia Earnings Awaited

September S&P 500 E-Mini futures (ESU24) are up +0.14%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.28% this morning, rebounding slightly from Monday’s tech-driven losses on Wall Street, while investors awaited a fresh batch of U.S. economic data and braced for Nvidia’s financial report due on Wednesday.

The Guardian - UK

Pound hits two-year high against US dollar; White House ‘pressured’ Facebook on Covid-19 content – as it happened

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

The Guardian - AU

Peter Dutton dismisses Labor’s ‘divisive’ tag as a smokescreen to divert attention from economy

Treasurer’s speech criticised opposition leader for devoting past two weeks of parliamentary sittings to condemning the issuing of visas to people from Gaza

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InsideEVs

Is EV Manufacturing Bad For The Environment?

Buckle up: This one won't be so pretty. But there are reasons the future can be better than the misery fossil fuels bring too.

The Conversation

Giant batteries to store wind and solar power can speed up South Africa’s energy transition – how that can happen

South Africa is at a pivotal moment in its energy transition: trying to decarbonise its economy (move away from coal) and make sure that everyone has access to reliable and affordable energy. Storage of renewable energy is very important for this transition. Solar and wind power are not available all…

Top News

Economy Takes Center Stage In Presidential Campaign Ads

Presidential campaigns release contrasting economic-themed ads, highlighting their strategies and priorities in engaging with voters.

The Conversation

South Africa’s new pension rules: Australia, Chile and Singapore show how personal savings can grow the economy

Up until now South Africans have been allowed to withdraw their entire pension or provident fund when leaving a job. This has left many with no savings at all when they get to retirement age.

The Independent UK

Israel's economy is struggling. Economists say ending the war would help

Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict

The Independent UK

Asian stocks mixed after Wall Street rallies as 'time has come' for rate cuts

Asian stocks are mixed after U.S. stocks rallied close to their records on the expectation the Federal Reserve will start cutting interest rates soon to help the economy

Fortune

Europe’s economy is doomed to stagnation unless it takes a riskier course, Nobel laureate warns

“This is where Europe’s principal problem lies: In a range of areas, from artificial intelligence to semiconductors to quantum computing, the U.S. and even China are leaving Europe in the dust.”

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