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The Latest Breaking News from Economy

Donald Trump tried to sway the Fed on when they should cut rates—Jerome Powell just threw down the gauntlet

Fighting words: "We're a non political agency. We don't want to be involved in politics in any way."

Fortune

Housing 'defining issue' for economy, says treasurer

Rents remain a lingering source of inflation weighing heavily on household budgets, with the federal government keen to see more homes built to ease pressures.

AAP

McDonald's McSlump is a symptom of the 'constant drumbeat' of the election, Columbia professor says

The election is making people think the economy is worse than it really is.

Fortune

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read the most diverse news in one place.

Australians are struggling to make ends meet. This is not an economy in need of more rate rises

Inflation has risen again – but not because we’re splashing out on new clothes or fancy dinners

The Guardian - AU

Venezuela's Nicolas Maduro proves Milton Friedman right, 60 years later

Venezuela’s socialism started out democratically with Hugo Chavez’s election in 1998—then the Venezuelan economy—and democracy—collapsed.

Fortune

Slower Wage Growth For American Workers In Q2

Explore the impact of slower wage growth on the US economy in Q2 and its implications for consumers and businesses.

Top News

Federal Reserve Likely To Cut Rates In September Meeting

Federal Reserve Chair Powell's cautious approach to upcoming decisions and its impact on markets and economy.

Top News

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Nine Key Tips Self-Employed and Gig Workers Should Know About Retirement

Taking a non-traditional path may mean thinking beyond traditional savings options.

Kiplinger

Two City firms team up to invest £20bn of pension funds in UK businesses

Phoenix Group and Schroders will target fast-growing green energy, windfarms, solar, property and small business

The Guardian - UK

Surviving the ‘AI winter’: Startups need to know ‘when to go into hibernation’ if they want to thrive

It's now "a singular moment of hyper-inflated expectations for AI,” Jacqueline Poh, managing director of the Singapore Economic Development Board said Wednesday.

Fortune

Inflation ticks up in Europe, complicating the European Central Bank's next move

Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank’s target and complicating the ECB’s next decision on whether to cut interest rates and boost growth as the economy struggles to stage a convincing recovery from more than a…

The Independent UK

People who refuse to take sick days are costing the economy billions every year, analysis says

A report calls for a ‘health-led economy’

The Independent UK

China's manufacturing activity contracted in July, the monthly Purchasing Managers' Index says

A closely watched measure of Chinese manufacturing activity remained negative in July as concern persists about the state of the world’s second largest economy

The Independent UK

Door swings shut on rate rise following inflation data

Australia's inflation rate has clocked its first annual increase in 18 months but borrowers can breath easy as it was unlikely to trigger another rate hike.

AAP

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Barchart

Is Now the Time to Consider Chinese Stocks and the FXI ETF?

While the leading U.S. stock market indices continue to make record highs, the iShares China Large-Cap ETF remains in a bearish trend. Chinese stocks are a contrarian play in the current market, but the bearish trend is not a friend of market participants with exposure to the world’s second-leading economy…

International Business Times

German Economy Unexpectedly Shrinks In Second Quarter

The German economy unexpectedly shrank in the second quarter, preliminary data showed Tuesday, falling further behind as a recovery takes hold elsewhere across the eurozone.

Top News

Germany's Economy Contracts As World Awaits Central Bank Meetings

Global markets react to Germany's economic contraction and await central bank meetings. Eurozone GDP rises, but Germany sees a decline. Mixed market moveme...

Top News

Eurozone Economy Grows 0.3% In Q2, Germany Shrinks

Eurozone's Q2 growth at 0.3% with Germany's contraction raises concerns. Challenges and disparities in growth rates require strategic interventions for rec...

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news in one place.

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Dynamite News

Surat: The silk city weaving global excellence in textiles

Surat, an industrial city in Gujarat, is known as the Silk City for its world-renowned textile industry, which significantly contributes to the country's economy. Read further on Dynamite News:

The Guardian - UK

France’s GDP gets €1bn lift from giant cruise ship as German economy shrinks

Analyst says eurozone could have turned a corner as it avoids recession with 0.3% growth

Fortune

Today's Fed meeting is merely a warm up act for September according to Wall Street—but they shouldn't count their chickens just yet

Wall Street analysts are not waiting to hear the outcome of today's FOMC discussions. Instead, they want after clues about Q3.

The Independent UK

China's top leaders vow to support consumers and improve confidence in its slowing economy

China’s powerful Politburo has endorsed the ruling Communist Party's strategy for growing the economy by encouraging more consumer spending and weeding out unproductive companies to promote “survival of the fittest.”

The Independent UK

Europe's growth lags U.S. again, as Germany remains the eurozone's economic problem child

Europe’s economy enjoyed only modest growth in the April-June quarter even as the U.S. outperformed expectations, highlighting a persistent transatlantic growth gap with Germany, the leading European economy, remaining in the dumps and as hesitant consumers save more, rather than spend on new houses or cars

International Business Times

Chinese Leaders Pledge Further Support For Flagging Economy

President Xi Jinping and other Chinese leaders stressed the need for further reform to support economic activity and the country's ailing property sector, state media reported Tuesday, following a key meeting centred on boosting growth.

International Business Times

France, Spain Log Solid Growth In Second Quarter

The French economy grew faster than expected in the second quarter, official data showed Tuesday, giving a boost to the eurozone.

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