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The Latest Breaking News from Economy

FactCheck updates how the US has performed under Biden - Roll Call

From FactCheck.org: how the U.S. has fared under Joe Biden under a broad array of measurements, including economics and immigration.

Roll Call

Sri Lanka presidential election set for September 21 amid ailing economy

President Wickremesinghe is first candidate to register at the Election Commission as he seeks mandate from voters.

Al Jazeera

Green economy could generate 3.3m jobs across Africa by 2030 – report

Policymakers and funders are being urged to invest in training a workforce to serve the industries of the future

The Guardian - UK

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Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk."

Fortune

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

Shares are mostly higher in Asia after Wall Street made a comeback from its worst loss since 2022

The Independent UK

Asian Markets Battle To Recover From Tech Rout After US Data

Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured that the economy was still in rude health, but did not dent hopes for an interest rate cut.

International Business Times

Declining PhD student numbers are a warning sign for NZ’s future knowledge economy

The decline in the number of doctoral candidates at New Zealand universities is a worrying sign for the country’s effort to build a knowledge-based economy.

The Conversation

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Greens say all Canberra households can have food waste bins sooner

The plan relies on a network of decentralised composting.

The Canberra Times

'Soho rolling up pavements at 11pm': London night economy underperforming as venues grapple with rising costs

Tourists ‘looking for places to spend money’ are left disappointed, Soho Business Alliance warns

Evening Standard

Kenya’s new cabinet: finance minister faces an uphill battle against corruption, unemployment and debt

Kenya faces difficult times ahead because of pressure to pay debts, create jobs for the youth, offer improved services to citizens and uproot entrenched corruption.

The Conversation

Stocks Stabilize on Reduced Fears About A Weaker Economy

The S&P 500 Index ($SPX ) (SPY ) today is down -0.23%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.86%. US stocks are mixed today following Wednesday's plunge, when the S&P 500 index fell...

Barchart

US GDP Growth Surges To 2.8% In Latest Report

US economy shows signs of a 'soft landing' as GDP growth exceeds expectations. Inflation and wage growth slowing down, with debates on potential shifts in ...

Top News

US Economy Beats Growth Expectations In Second Quarter

US economic growth blew past expectations in the second quarter, boosted by consumer spending and inventory building despite high interest rates, government data showed Thursday, after a slow start to the year.

International Business Times

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Evening Standard

Energy bills to fall within five years, Keir Starmer pledges as Britain's economy goes green

The PM said the new Government was acting at ‘pace’ on the transition away from fossil fuels

Kiplinger

Why This Economist Thinks the Fed Is Already Late to Cut Rates

Moody's Analytics chief economist Mark Zandi talks to Kiplinger about what he thinks the Federal Reserve is getting wrong on inflation.

The Guardian - UK

Lloyds predicts drop in defaults on loans and mortgages as UK economy improves

Bank sets aside just £44m for bad debts and defaults in second quarter amid upbeat outlook

Barchart

Stocks Slip Before the Open as Investors Await Key U.S. GDP Data and Earnings Reports

September S&P 500 E-Mini futures (ESU24) are down -0.22%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.46% this morning as market participants adopted a cautious stance ahead of a fresh batch of U.S. economic data and corporate earnings reports.

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news in one place.

100's of premium titles.
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Barchart

Stocks Muted Before the Open as Investors Await Key U.S. GDP Data and Earnings Reports

September S&P 500 E-Mini futures (ESU24) are down -0.12%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.18% this morning as market participants adopted a cautious stance ahead of a fresh batch of U.S. economic data and corporate earnings reports.

Top News

US Economy Expected To Show Solid Growth In Spring Quarter

Learn about the recent trends in the American economy, driven by consumer spending and potential Fed rate cuts.

The Independent UK

China cuts 1-year benchmark rate, moving to boost economy as world markets languish

China has ratcheted up its effort to spur slowing growth by cutting a key policy rate and interest paid on bank deposits

The Independent UK

US growth likely picked up last quarter after a sluggish start to 2024, reflecting resilient economy

The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024 at a sluggish pace

The Guardian - AU

A second Trump presidency would send Australia down a dark economic path. Here’s how it might play out

Under Trump’s tariff plans, our GDP would take a hit amid a nightmare trade war – and while we’re at it, forget emissions reductions or global agreements

AAP

As Canada cuts rates, RBA doves come home to roost

After hitting inflation hard and early, the Bank of Canada is already cutting rates while their dovish Australian counterparts contemplate another rate hike.

Fortune

Private equity is devouring the economy as boomer entrepreneurs exit—but a new approach to employee ownership can change that

When the employees become owners under an ESOP roll-up, they can directly increase the value of their stock by sharing best practices across companies.

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Anura Kumara Dissanayake

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