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The Latest Breaking News from Economy

Eurozone Economy Grows Faster Than Expected

The eurozone economy grew more than expected in the third quarter, official data showed Wednesday, thanks to Germany which defied expectations and dodged a recession.

International Business Times

Top Stories of the Month: China May Add 6 Trillion Yuan in Treasury Bonds to Buttress Economy

The issuances would take place over three years as part of its latest fiscal stimulus measures, sources tell Caixin

Caixin Global

Trump wants you to believe that the US economy is doing terribly. It’s untrue

Despite his claims to the contrary, unemployment is low, inflation is way down, and job growth is remarkably strong

The Guardian - US

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More spending and tax hikes expected in the first budget from Britain's Labour government

British Treasury chief Rachel Reeves is set to deliver her first budget in Parliament

The Independent UK

Worries For Japan Economy After Election Shock

Political uncertainty after Japan's election shock risks slowing economic reforms, pushing up government spending and even holding up the Bank of Japan's exit from its outlier monetary policy, economists said.

International Business Times

Autumn budget: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools – as it happened

Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties

The Guardian - UK

US economic growth slows, as Germany avoids recession and France gets Olympics boost – as it happened

Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row

The Guardian - UK

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Industrial Slump Leaves Germany On Brink Of Recession

German output likely contracted again in the third quarter as an industrial slump drags on, official data is expected to show Wednesday, tipping Europe's largest economy into recession.

International Business Times

Botswana election: Who is in the running and what’s at stake?

Some 1 million Batswana will vote amid worries about the economy as diamond dollars fall.

Al Jazeera

US Economy's Solid Growth Unlikely To Register At Ballot Box

The US economy is set to report another quarter of solid growth Wednesday, less than a week before the presidential election, but analysts say it remains unclear if positive data can sway inflation-weary voters.

International Business Times

Germany's economy isn't growing. But its quarrelsome government can't agree on a way forward

Germany’s economy isn’t growing and the governing coalition has a lot of ideas on how to fix it

The Independent UK

US economy is believed to have grown at a solid pace again last quarter

Powered by consumer spending, the U.S. economy likely kept expanding at a healthy pace from July through September despite the pressure of still-high interest rates

The Independent UK

Reeves pledges ‘more pounds in people’s pockets’ after warnings of tough choices

The Chancellor’s Budget is expected to focus on fixing the NHS, growing the economy and making people feel better off.

Evening Standard

Texas Attorney General Ken Paxton sues Biden administration over listing freshwater mussels as endangered

The lawsuit claims the endangered designation for six mussel species is a misuse of environmental law that threatens Texas’ economy.

The Texas Tribune

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Fortune

We led some of America’s largest companies. Here’s why we are voting for Harris, not Trump

'We fear a second Trump term would be bad for business and the U.S. economy.'

The Guardian - US

Where do Trump and Harris stand on housing, taxes and other policies?

Polls show US voters unhappy about the economy, their top election concern. How would the presidential candidates address economic issues such as cost of living and labor?

The Independent UK

Number of US jobs open hits lowest mark in nearly four years

The number of layoffs last month also rose

Top News

Trump Delivers Prebuttal To Harris Ahead Of Election Day

Former President Trump prebutts VP Harris' speech at Mar-a-Lago, highlighting economy and border security.

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The Guardian - US

To defeat Trump, Harris must talk more about the economy

US vice-president’s campaign has stalled because Americans continue to struggle with their bills despite economic growth

The Conversation

Palestine’s economy teeters on the brink after a year of war and unrelenting destruction

The Palestinian economy has been devastated beyond recognition. Israel’s intense military operations in Gaza have led to unprecedented destruction, wiping out much of the enclave’s essential infrastructure, private property and agricultural resources.

The Conversation

Five reasons weight-loss jabs alone won’t help get people back to work

Prime Minister Keir Starmer and health secretary Wes Streeting have recently discussed plans to trial weight-loss injections for around 250,000 people with obesity who are unemployed in a bid to get them back into work, ease pressure on the NHS and boost the economy.

The Conversation

On foreign policy, Trump opts for disruption and Harris for engagement − but they share some of the same concerns

According to conventional wisdom, U.S. voters are largely motivated by domestic concerns and especially the economy.

Fortune

IMF sounds the alarm: ‘There can be no productive economy’ in Germany without structural change

“A lot has been left behind here over the past decades,” Alfred Kammer, IMF's Europe head, said on Germany's lagging economy.

Evening Standard

Public wants ‘positive, proactive’ vision from Budget – poll

The public wants to hear less about the problems facing Britain and more about how Labour will solve them, an Ipsos poll has suggested.

Newcastle Herald

Top cop appeals to court to stop Newcastle harbour blockade

Police attempt to stop Rising Tide's harbour blockade.

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