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The Latest Breaking News from Economy

Why don’t the Conservatives want to talk about arts and culture?

The arts and cultural sector is facing a multitude of challenges. With COVID and cost of living crisis following hot on the heels of a decade of funding cuts, many organisations have had to strip back their programmes. Some have closed altogether.

The Conversation

‘Bridgerton universe’ has added £275m to UK economy, says Netflix

Producer Shonda Rhimes opens London Stock Exchange as second part of show’s season three launches

The Guardian - UK

Central banks face threats to their independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

The Conversation

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Stock Index Futures Slip After Hitting New Records, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.52%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.29% this morning after both the benchmark S&P 500 and tech-heavy Nasdaq 100 posted their fourth straight record closes in the previous session, with investors awaiting the University of Michigan survey of…

Barchart

Stock Index Futures Fall After Hitting New Records, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.12% this morning after both the benchmark S&P 500 and tech-heavy Nasdaq 100 posted their fourth straight record closes in the previous session, with investors awaiting the University of Michigan survey of…

Barchart

Stock Index Futures Mixed After Hitting New Records, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.34%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.05% this morning after both the benchmark S&P 500 and tech-heavy Nasdaq 100 posted their fourth straight record closes in the previous session, with investors awaiting the University of Michigan survey of…

Barchart

Archie Norman is right -- time to unleash our pension funds

City Comment: Pensions avoiding the stock market are starving the economy of capital

Evening Standard

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Un-Censori Is Back: Kanye West’s Wife Bianca Stuns In Completely See-Through Cloak In Italy

"They still seemed to be having a blast together throughout the night." The post Un-Censori Is Back: Kanye West’s Wife Bianca Stuns In Completely See-Through Cloak In Italy first appeared on Bored Panda.

Bored Panda

Bridgerton boosts UK economy by £275 million, Netflix says

Executive producer Shonda Rhimes, has opened trading at London Stock Exchange in response

The Independent UK

China Waits Anxiously For Economic Plan As Gloom Reigns

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.

International Business Times

OPINION - On economic growth, Keir Starmer sounds more like Liz Truss than Jeremy Corbyn

I have no ideological aversion to defences of Liz Truss. We all have our foibles, after all. But the one argument I won't accept is that, in going gung-ho for growth, she at least identified the right problem. I mean, pointing out that the British economy has been in a…

Evening Standard

Russians Shrug Off Sanctions On Dollar, Euro Trading

Russians on the streets of the capital shrugged off new US sanctions on dollar and euro trading Thursday, claiming they had no need for Western currencies in their heavily targeted economy.

International Business Times

OPINION - The Standard View: Keir Starmer wants to grow the economy. The question is: how?

Election campaigns are full of “moments”. Some are unscripted and unforeseeable, such as a Tory Prime Minister who is facing a populist threat to his Right, volunteering to leave D-Day commemorations early in order to do a pre-recorded interview. Others, such as Labour’s manifesto launch, are more expected.

Evening Standard

Gallup Poll Shows Unhappy Workers May Hurt Global Economy

A poll by Gallup showed that negative daily emotions at the workplace can have an impact on the global GDP.

International Business Times

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International Business Times

Wholesale Prices Fall, Offering More Good News On Inflation

For the second consecutive days the U.S. economy received good news on the inflation front in the form of government data, with Thursday's drop indicating an unexpected decline in wholesale prices in May.

International Business Times

UK's Labour Pitches For Power With 'Wealth Creation' Pledge

Britain's Labour party launched a "manifesto for wealth creation" Thursday, pledging to get the economy firing again if it wins power in next month's election after 14 years in opposition.

The Guardian - UK

Labour offering ‘austerity painted red’, says Plaid Cymru at manifesto launch

Party focuses on economy with founding goal of Welsh independence absent from leader’s opening remarks

Top News

Federal Reserve Holds Rates Steady Amid Economic Resilience

Federal Reserve keeps benchmark rates steady, signaling stability in the economy and borrowing costs.

AAP

Weakness creeping into labour market as hiring slows

Australia's labour market is slowly softening but the Reserve Bank is unlikely to be bothered by the latest jobs numbers ahead of its next board meeting.

The Independent UK

Rishi Sunak declares he has not given up after minister warns of Labour ‘supermajority’

Defence secretary Grant Shapps effectively concedes defeat forcing the prime minister to say he still believes the Tories can win election

Barchart

Time to Buy: iShares MSCI Brazil ETF Hits Another 52-Week Low

The iShares MSCI Brazil ETF hits its 16th 52-week low of the past 12 months in early Wednesday trading. One of only three ETFs hitting a 52-week low compared to 249 hitting a 52-week high. It’s time to buy EWZ.

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