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The Latest Breaking News from Economy

The Economic Impact of the Chinese Exclusion Act

New National Bureau of Economic Research study shows this notorious law not only harmed would-be immigrants, but also damaged the US economy and reduced employment opportunities for native-born whites.

Reason

Monetary policy committee meet: RBI moving closer to rate cut

India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks off and growth in the world’s fastest-expanding major economy moderates.

The Times of India

'First light culture' to awaken predicted tourist boom

An ambitious tourism target has been set for NSW, but extra capacity and the right branding will be needed to deliver on the goal.

AAP

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Newcastle's international airport terminal to 'underpin' tourism boom

Tourism to become $91 billion cornerstone of economy, NSW government review shows.

Newcastle Herald

Women in Asia are slowly starting to break through historic barriers to the top of the corporate world

The new Most Powerful Women Asia list spotlights 100 women who are breaking the glass ceiling.

Fortune

Markets Tumble, Oil Surges Amid International, Domestic Crises

The recovering U.S. economy showed it isn't out of the woods yet when it comes to a soft landing as three frightening factors reared their ugly heads on Monday.

International Business Times

The economy is headed for a soft landing but investors should still reduce risk, JPMorgan strategy chief warns

Investors are "passively allowing risk to accumulate," JPMorgan Asset Management’s chief global strategist David Kelly told Business Insider.

Fortune

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Trump's Deportation Plan Would Cost Nearly $1 Trillion

And it would wreck the economy.

Reason

EU hails 'promising' initial budget talks with France

EU economy chief Paolo Gentiloni on Monday welcomed his "promising" discussions about France's budget with French Finance Minister Antoine Armand as Paris aims to rein in spending and bring down its deficit.

Radio France Internationale

Trump's Tax Proposals: Impact And Feasibility

Explore Donald Trump's tax proposals and their potential impact on the economy and taxpayers. Learn about key ideas like eliminating taxes on tips and cutt...

Top News

Books that shook the business world: Talking About Machines by Julian E. Orr

In 1969, Austrian-American writer Peter Drucker foretold a major societal and economic shift driven by knowledge. However, it would not be until the 1990s that scholars, managers, management consultants and policy-makers would herald the arrival of the knowledge economy, whereby goods and services depend not just on labour but on…

The Conversation

Getting out of the immigration doom loop

Trump’s ignorant and sloppy “solution” makes intelligent, targeted immigration proposals ever more elusive

Salon

Markets are finally believing Fed chair Jerome Powell will pull off his soft landing

"The general direction of U.S. employment signals an economy very far from 'recession,'" wrote UBS chief economist Paul Donovan.

Fortune

One year after October 7 attacks: The economic impact of the war in Gaza

Since the Hamas-led attacks on October 7, 2023, Israel's economy has struggled to weather the storm of the war in Gaza. Some of its sectors, like defence and technology, have continued to grow while others, like tourism, agriculture and construction, have been badly hit. Meanwhile, the scale of destruction in…

France 24

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The Independent UK

Stock market today: Asian shares climb after blockbuster US jobs report

Asian shares have advanced after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street

International Business Times

Asian Markets Track Wall St Rally On Jobs Data

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.

Fortune

The Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says

"Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia."

The Independent UK

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

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Latin Times

Latinas Are Powering U.S. Economic Growth, Outpacing Non-Hispanic Growth

Latinas' economic output surpasses the entire economy of Florida and places Latina economic output behind only California, Texas, and New York.

Radio France Internationale

Tunisia votes in presidential polls marked by economic and political woes

Tunisians are headed to the polls on Sunday for presidential elections widely expected to be dominated by incumbent leader Kais Saied, who's seeking a new term amid a struggling economy and political tensions.

The Guardian - UK

A year of war accelerates ‘silent departure’ of Israel’s elite

Brain drain could undermine the country’s hi-tech economy as liberal families conclude social contract has been broken

Fortune

Gen X was supposed to be the economy's safety net—now they're the 'struggling middle child' balancing retirement and paying for adult children

"I am much more keenly aware of what's being saved and what's going out now than I ever have at any other point in my life."

France 24

Crisis-hit French territory of New Caledonia on brink of economic collapse

Back in the spring, the French Pacific territory of New Caledonia was gripped by deadly riots that left many businesses in ruin. This, in turn, aggravated its already crippled economy. The nickel industry, the archipelago's primary resource, was already facing setbacks before the riots, forcing many employers to lay off…

The Guardian - AU

Businesses say Australia’s economy depends on the environment. Will Labor’s ‘nature-positive’ summit help?

Financial leaders have urged the country to focus on protecting and restoring nature – but details remain thin on the ground

Top News

Stocks Surge As US Economy Shows Resilience

Stocks surge to record highs as positive job data boosts investor confidence in the US economy. Anticipation grows for a Federal Reserve rate cut and upcom...

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