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The Latest Breaking News from Economy

Here's how the Bank of England must handle rising inflation

City Voices: The MPC should be more worried about inflation falling below target

Evening Standard

‘You feel like you’re suffocating’: Florida outdoor workers are collapsing in the heat without water and shade

Florida has passed legislation banning local safety rules for outdoor workers, despite heat stress set to cost global economy $2.4tn by 2030

The Guardian - UK

Liz Truss leaves stage over ‘I crashed the economy’ lettuce banner

Former PM says ‘that’s not funny’ when remote-controlled banner is unfurled behind her at event in Suffolk

The Guardian - UK

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Unpopular Japan PM Kishida To Step Down

Japanese Prime Minister Fumio Kishida announced Wednesday he will step aside next month, ending a three-year term plagued by low popularity ratings and a spluttering economy.

International Business Times

Three Years After Taliban Return, Economic Woes Loom Large

Despite three years of improved security following the end of the Taliban's insurgency, Afghanistan's economy remains stagnant and its population is in the grips of a worsening humanitarian crisis.

International Business Times

Poll: Harris Leads Trump On Leadership Qualities, Trump On Economy

Poll shows Vice President Kamala Harris leads in honesty and care, while former President Donald Trump has an edge on economy and immigration trust. Democr...

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Asian shares mixed as jitters calm over global markets while uncertainty lingers

Asian shares traded mixed Wednesday, as Japan’s benchmark perked but quickly ran out of steam from news the prime minister won’t seek re-election as head of the ruling party

The Independent UK

The Taliban have ruled Afghanistan for 3 years. Here are 5 things to know

It’s been three years since the Taliban took control of Afghanistan

The Independent UK

Kari Lake opponent Gallego discusses immigration, economy and being a senator for "all Arizonans"

The Democratic Rep., who is running for Senate, recently sat down for an interview with Telemundo as his gap with Trump's ally widens

Latin Times

3 China Stocks to Buy as the Economy Rebounds

Despite the macroeconomic challenges, China has shown resilience, which is evident in its solid economic growth. Given this backdrop, it could be wise to buy top Chinese stocks Alibaba Group Holding (BABA), JD.com (JD), and NetEase (NTES) as the nation’s economy rebounds. Read more.

StockNews.com

Sudan’s catastrophe: farmers could offer quick post-war recovery, if peace is found

More than a year of conflict between the Sudanese Armed Forces and the Rapid Support Forces has weakened the country’s fragile economy. This is in addition to triggering a humanitarian crisis, loss of lives, property destruction and income disruptions.

The Conversation

International students will offer a big boost to the US economy this back-to-school season

Of the millions of young adults heading off to college this fall, many will be international students. If trends continue, about 1 million students from around the world will come to the U.S. to pursue higher education this year.

The Conversation

Biden Backs Harris' Plan To Eliminate Taxes On Tips – An Idea First Proposed By Trump

White House press secretary said the proposal is consistent with Biden's broader vision of strengthening the economy by focusing on needs of working Americans.

International Business Times

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Top News

Trump Blames Biden For Record-High Inflation Crisis

Former President Trump discusses the impact of inflation crisis in the US and its implications on the economy and everyday consumers.

The Conversation

NZ is running out of gas – literally. That’s good for the climate, but it’s bad news for the economy

The coalition government recently announced its plan to reverse a ban on new oil and gas exploration to deal with an energy security challenge brought on by rapidly declining natural gas reserves.

The Guardian - US

Former Republican House speaker urges Trump to ‘stop questioning’ size of Harris’s crowds – as it happened

Kevin McCarthy urges former president not to attack Harris on personality issues after he falsely claimed VP used AI to inflate rally attendance

The Guardian - UK

Oil price rises for fifth day running amid Middle East tensions; Russian rouble hits three-month low – as it happened

Brent crude hits $80 as tensions betwen Israel and Iran rise, while rouble slides after Ukraine’s incursion into Russia

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news in one place.

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The Independent UK

Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike

The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it

The Independent UK

Asian shares are mixed, with Tokyo closed, as more tests for markets loom

Asian shares are mixed ahead of big reports this week on the state of the U.S. economy

International Business Times UK

Youngest Self-Made Billionaire, Not Kylie Jenner, Reveals The AI Skills You Should Learn For Today's Economy

Self-made billionaire Alexandr Wang emphasises the crucial role of prompt engineering and AI skills in developing human-like reasoning capabilities.

AAP

Beware of economic 'false prophets', warns Reserve Bank

Reserve Bank deputy governor Andrew Hauser says projecting future movements in the economy is inherently uncertain and overconfidence is a red flag.

The Independent UK

More Americans trust Harris to handle economy - first time in a year a Democrat has led in the key issue

But Harris’s recovery on economic trust ratings could stem from broader voter concerns about Biden’s age

Fortune

'Dr. Doom' Nouriel Roubini is actually upbeat about the economy

"If anything, actually, there's some elements of strength in the economy."

Fortune

Donald Trump thinks he should influence Fed rates—here's what history and the law say

“It could be used to boost up the legacy of one president, only to destroy the economy in the future,” said Jamie Cox, managing partner at Harris Financial Group.

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