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The Latest Breaking News from Economy

Growing UK’s services-based economy was never going to be easy

High interest rates are needed to reduce wage inflation but productivity improvements are harder to chisel out

The Guardian - UK

Hints on state of economy as cost relief kicks in

Business sector data will offer insights on the health of Australia's economy in the weeks since tax breaks and other cost-of-living support came into effect.

AAP

President Biden Briefed On Economy And Homeland Security

President Biden receives virtual briefings on economy and homeland security while isolating due to Covid-19. Updates highlight administration's commitment ...

Top News

From analysis to the latest developments in health,
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'Black Swan' investor warns the 'greatest bubble in human history' is about to pop and stocks could lose more than half their value

The federal government will have less capacity to respond, and the economy could enter a recession by the end of this year, Mark Spitznagel predicted.

Fortune

The Supreme Court's 'Chevron' ruling is an existential threat to the 'American economic miracle' and will make the U.S. more like Europe, Lazard chair says

"By restricting the executive branch’s ability to craft and enforce regulations, the Supreme Court has opened the door to the Balkanization of the US economy."

Fortune

A new round of Trump tariffs on China would drastically slow its economy

Donald Trump has said he could impose a 60% tariff on Chinese imports if he returns to the White House.

Fortune

Colin Cowherd Points Out Bronny James is a Good Economic Indicator

The Fox Sports pundit dropped a new take on the betting habits of NBA fans.

Sports Illustrated

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3 Transportation Stocks Moving the Economy Forward

The transportation industry appears set for growth due to the expansion of trade, the rise of trade, and rising investments in infrastructure projects. Therefore, it could be wise to buy top transportation stocks, such as FedEx (FDX), Westinghouse Air Brake Technologies (WAB), and Universal Logistics Holdings (ULH), to move the…

StockNews.com

Cuba will 'partially' dollarize its economy as crisis deepens

Prime Minister Manuel Marrero described the scenario as a "war economy." The government will start accepting payments in foreign currency in venues connected to the tourism indusrty

Latin Times

Fact-checking Day 4 of the Republican National Convention - Roll Call

Trump's convention acceptance speech was a greatest hits of false and misleading claims about crime, immigration, the economy and more.

Roll Call

Gloomy economic data deals fresh blow to new Chancellor Rachel Reeves

The scale of the challenge facing Britain’s new Chancellor Rachel Reeves was laid bare today after a flurry of fresh data betrayed an economy stuck in reverse gear and a Treasury saddled with ballooning deficits.

Evening Standard

Beijing Vows To Ease Local Government Debt Woes After Key Meeting

Chinese officials pledged Friday to help ease debt pressure on local governments through reforms to the tax system, after a key political gathering in the capital focused on jumpstarting the faltering economy.

International Business Times

Markets Track Wall St Loss With Eyes On US Race, China Disappoints

Asian equities sank in line with Wall Street Friday as the optimism over expected US interest rate cuts was overshadowed by uncertainty about the presidential election and worries over China's economy.

International Business Times

International economics experts intervene in Scottish currency debate

ECONOMISTS from across the globe attended a conference at Leeds University this week – with many having something to add to the debate on…

The National (Scotland)

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The Conversation

How the UK’s new government is promising to kickstart the economy – and what it still doesn’t have an answer for

The new Labour government has fully laid out its plans for the UK in its first king’s speech to parliament. There were 40 new bills in the speech, aimed at setting a clear agenda focused on growing the economy and improving living standards for working people. And yet there were…

International Business Times

China's Leaders Vow To Fight 'Risks' Plaguing Economy

China's leadership vowed Thursday to resolve "risks" plaguing the economy, state media said, but were yet to offer any concrete steps to pull the country out of its financial woes.

International Business Times

Ivory Coast Tilts Economy From Farming To Natural Resources

The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country's economy in a new direction as it explores its underground potential.

Roll Call

Fact-checking Day 3 of the Republican National Convention - Roll Call

Speakers at the Republican convention Wednesday made false or misleading statements about the economy, immigration and foreign policy.

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news in one place.

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TechRadar

Beyond the bio: The evolution of link in bio and its role in shaping the creator economy

Link in bio is no longer a simple list of links. We explore how this simple tool is having a growing impact in the digital space.

The Independent UK

China Communist Party policy meeting expected to endorse leader Xi's high-tech vision for economy

China's ruling Communist Party will wrap up a top-level meeting on Thursday that is expected to endorse policies aimed at building the country's technological power and fortifying its national security

The Independent UK

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

Asian shares are mostly lower, with Tokyo's benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China

The Guardian - AU

Australia’s unemployment rate inches higher to 4.1% in June making a rate cut less likely

Jobless figure up from 4% in May, despite 50,100 new roles being created across the economy, raising prospect of higher RBA interest rates

The Independent UK

Former Mozambique finance minister on trial in US over 'tuna bond' scandal that spurred debt crisis

The “tuna bond” scandal that shook Mozambique’s economy is washing into a U.S. court

Fortune

The markets hate political violence, but a top historian says presidential assassinations are ‘endemic’ to American culture

If the attempted Trump assassination spells the beginning of a long period of political violence markets could become unstable.

StockNews.com

3 Consumer Discretionary Stocks for a Rebounding Economy

The consumer discretionary industry is well-positioned for significant growth due to the global economic rebound. Given this backdrop, it could be wise to buy top consumer discretionary stocks: Home Depot (HD), Sony Group (SONY), and NVR, Inc. (NVR). Read more.

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