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The Latest Breaking News from Economy

The dollar index (DXY00 ) this morning is up by +0.08%. The dollar today recovered from early losses and moved higher after T-note yields climbed on signs of strength in the US economy after weekly jobless claims were unchanged and the Apr Philadelphia Fed business outlook survey unexpectedly rose to...

Barchart

Before it can even launch, Steam's most-anticipated city-builder is forced to patch an economy-busting 'exploit' by hard-nerfing sheep

Baa-d news for the wool fans Manor Lords

GamesRadar

US Jobless Claims Unchanged, Economy Remains Resilient

Explore the latest U.S. labor market trends, including steady jobless claims, strong hiring, and sector-specific job cuts amidst economic challenges.

Top News

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German Economy Improving, Bundesbank Reports

Bundesbank's report highlights positive developments in the German economy, showing signs of recovery amidst global challenges.

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Eagle Pass is at the epicenter of the immigration surge; it has fundamentally altered its economy

Food and accommodation businesses have been booming as the presence of law enforcement increases

Latin Times

ECB 'Crystal Clear' On June Rate Cut, De Guindos Confirms

ECB plans rate cut in June to support economy amidst COVID-19 challenges. Analysts and markets await decision and additional measures for economic recovery.

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Apple To Invest 0 Million In Expanding Singapore Campus

Apple to invest 0 million in expanding its Singapore campus, creating jobs and boosting the local economy. Strengthening its presence in the region and ...

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Europe: Brussels proposes free movement deal for UK’s 18- to 30-year-olds – as it happened

European commission floats opening negotiations with London to allow under 30s in UK and EU the same rights they enjoyed before Brexit

The Guardian - UK

BOJ Anticipates Gradual Rate Hikes In Japan's Economy

Bank of Japan's Noguchi hints at slow rate hikes, considering economic challenges and stability.

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EU Leaders Urged To Revamp Economy To Compete Globally

EU leaders discuss innovation, reforms, and sustainability to boost economic competitiveness.

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EU Seeks To Take On China, US To Reverse Economic Decline

The European Union's economy is falling further behind China and the United States, a major headache that will dominate leaders' talks on Thursday as they discuss how to stem the bloc's economic decline and bounce back.

International Business Times

Starmer can’t dodge the Europe question for ever. In office, the economy will answer it for him

Closer alignment between a Labour government and the EU is a certainty. But the divisive binary choices of 2016 are ancient history, says Guardian columnist Martin Kettle

The Guardian - UK

The Great Indian Bustard and climate action verdict

The just transition framework, which is being used in climate cases around the world, aims to make transitions to a low carbon economy more equitable and inclusive

The Hindu

I'm so sick of games that shoot themselves in the foot just to boost phoney player engagement numbers

Someone please take the shotgun away from in-game economy designers who are ruining the goodwill built up by the rest of the team.

PC Gamer

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StockNews.com

Are TCEHY and BABA the Must-Have Stocks for China Investors?

Despite facing several challenges, the Chinese economy has demonstrated exceptional resilience lately. With several stimulus measures in place and the pipeline, should China investors consider buying Alibaba Group (BABA) and Tencent Holdings (TCEHY)? Read on to learn my view.

The Guardian - AU

Funding Australia’s renewable transition isn’t ‘picking winners’ – it’s securing our future

Government support for green manufacturing is actually the easy part. To truly reduce emissions, we must stop digging up and burning fossil fuels

The Guardian - AU

Australia rises to second in world budget management rankings, IMF data shows

Treasurer and finance minister hail ‘remarkable achievement’ as monitor finds balance to be behind only Canada among G20 countries

The Guardian - UK

Europe live: EU heads meet as Belgian and Czech leaders condemn Russian meddling in elections – as it happened

Alexander De Croo and Petr Fiala raise concerns about Russian interference as EU heads gather with Middle East also on the agenda

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Top News

WTO Chief Warns Against Trump's Import Tariff Proposal

The WTO chief warns of negative impacts on global trade and the economy due to proposed import tariffs.

International Business Times

Apple CEO Meets Indonesia Leader To Talk Investments

Apple chief executive Tim Cook met Indonesia's president on Wednesday, as the tech giant explores ways to invest in Southeast Asia's biggest economy and diversify supply chains away from China.

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Trump Leads Biden On Economy In Recent Poll

Recent poll shows Trump favored over Biden on economy, but Biden leads on COVID and climate. Public perceptions of economic policies may evolve over time.

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BMO CEO: US Economy Improving, California Market Strategic

BMO's CEO is optimistic about the US economy, highlighting growth and California's importance.

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Weak Yen Boosts Japan's Exports, Imports Impact Business Mood

Fluctuating yen impacts Japan's economy: boosts exports but raises import costs, requiring careful management for a balanced economy.

AAP

Treasurer admits 'difficult' budget ahead for Qld

The Queensland government will maintain its commitment to cost-of-living relief for households despite the treasurer warning of a difficult budget ahead.

AnandTech

Samsung To Receive $6.4 Billion Under CHIPS Act to Build $40 Billion Fab in Texas

Samsung Electronics this week was awarded up to $6.4 billion from the U.S. government under the CHIPS and Science Act to build its new fab complex in Taylor, Texas. This is the third major award under the act in the last month, with all three leading-edge fabs – Intel, TSMC,…

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