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The Latest Breaking News from Economy

The Tories are deluded to think they’ll be back in power in 2029. Here are three economic reasons why

Labour’s squandering of its political capital has given hope to the right. But Britain’s voters want a leftwing agenda, says Guardian economics editor Larry Elliott

The Guardian - UK

‘Very serious’: Bank of England governor warns of Middle East oil shock risk

Exclusive: Andrew Bailey also hints at ‘more aggressive’ path for cutting interest rates if inflation news stays positive

The Guardian - UK

Stock market today: Asian shares are mixed and the yen slips against the dollar

Asian shares are mixed after U.S. stocks edged higher toward recent record levels

The Independent UK

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Hybrid vehicles in fast lane, as petrol cars slow down

Australians are buying fewer new cars as the economy bites but hybrid vehicles are bucking the trend, sales figures have revealed.

AAP

Harris now tied with Trump on who voters think will best handle inflation

Polling by the Cook Political Report Swing State Project, released on Wednesday, shows the Democrat has closed a six-point gap on the issue, which her Republican rival led her on in August

The Independent UK

US dockworkers press on with second day of strike, with no deal in sight

US President Biden urged for a quick deal to end the standoff, which threatens to drain billions from the US economy.

Al Jazeera

3 High Dividend Yield Stocks to Boost Your Portfolio This Fall

Amid mixed economic projections, investing in high-dividend yield stocks could be ideal for investors, as they offer regular income along with capital appreciation prospects. Hence, fundamentally sound high dividend yield stocks International Seaways (INSW), Buckle (BKE), and Movado Group (MOV) could be ideal buys to boost your portfolio this fall.…

StockNews.com

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Newcastle unveils 'innovative plan' to turn city into a 'going-out hub'

What is the future of the night time economy? That was the big question last night.

Newcastle Herald

3 Small-Cap Value Stocks Wall Street Loves Right Now

Small-cap stocks offer strong growth potential as they are often in the early stages of expansion. Also, these stocks tend to be undervalued, providing opportunities for investors to find hidden gems. Thus, quality small-cap value stocks Caleres (CAL), Smith & Wesson Brands (SWBI), and Ribbon Communications (RBBN) could be ideal…

StockNews.com

Progressives Weigh In on Kamala Harris’ Economic Proposals — and Share Some of Their Own

Experts say that policies such as higher taxes on the wealthy and expanded child care are both effective and popular.

Capital & Main

Sri Lanka’s new president faces uphill battle to revive debt-ridden economy

September 21 was a day of many firsts in Sri Lanka. Millions of people went to the polls to vote in the first presidential elections since mass protests forced the country’s last elected president, Gotabaya Rajapaksa, from office in 2022.

The Conversation

Port Union Workers Union President Issues Threat: 'I Will Cripple You'

International Longshoremen's Association president Harold Daggett represents 45,000 union workers.

International Business Times

Plibersek’s coalmine decision is double trouble for climate and housing

The emissions impact is obvious but with full employment in construction, approving three mine extensions is saying you want workers there rather than building homes

The Guardian - AU

After the ‘Tory idol’ speeches, who most looks like a leader in waiting? Our panel passes judgment

All four have generated media headlines, but the winner will be whoever most impresses party members, at conference and at home

The Guardian - UK

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Top News

Global Markets React To Middle East Tensions And Economic Data

Global markets react to Middle East tensions, with European stocks rising and Asian markets mixed. Oil prices surge after Iran's missile attack on Israel. ...

Fortune

On the economy, Harris and Trump are making the same mistake

Harris and Trump are trying to reshape investment and redistribute income and economic activity to their favored sectors.

France 24

Oil prices on the rise after escalation of Middle East violence

Global benchmarks for oil prices were steadily rising on Wednesday, a day after Iran fired a barrage of missiles against Israel in retaliation for the Israeli army's offensive against Hezbollah. In this edition, FRANCE 24's Charles Pellegrin explains why this could change the trajectory of global oil prices, how the…

International Business Times

US VP Rivals Defend Trump And Harris In Polite Debate

The shadow of their bosses hung over the CBS debate, with Walz attacking Trump as a threat to democracy and unfit to lead America on the world stage, and Vance slamming Harris's record on the economy and illegal migration as part of President Joe Biden's administration.

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Fortune

Key economic issues Walz and Vance clashed on during their debate

The economy had a starring role in the first, and likely only, vice presidential debate of the 2024 cycle.

The Independent UK

Tokyo shares fall, Hong Kong's advance as tensions escalate in the Middle East

Asian shares are mixed, with Tokyo's benchmark falling while Hong Kong's advanced despite the sharp escalation of tensions in the Middle East

The Independent UK

Palestinians in West Bank risk crossing Israel's separation barrier to flee failing economy

A year of war in the Gaza Strip has reverberated across the West Bank, where the World Bank warns the economy is at risk of collapse because of Israeli restrictions barring Palestinian laborers from entering the country to work and the biggest wave of violence in decades

Latin Times

From Immigration to the Economy, Vance and Walz Spar on Key Issues During an Unexpectedly Civil VP Debate

Minnesota Gov. Tim Walz and Ohio Sen. JD Vance took the stage Tuesday night for the only VP debate of the season, Here's what you should know.

Top News

Dockworkers Strike Threatens US Economy Progress

Economists express concerns over potential impact of dockworkers strike on US economy. Analysis suggests strike could drag GDP growth by .5-7.5 billion p...

The Guardian - UK

Ross Raisin’s Ghost Kitchen wins 2024 BBC national short story award with dark gig economy tale – read it here

Raisin takes £15,000 prize with ‘a brilliantly rendered glimpse into life in the edge-lands’

StockNews.com

3 European Stocks to Watch as the EU Economy Strengthens

With inflation dropping to 2.2% in August 2024 and the potential for further interest rate cuts on the horizon, European markets could become more attractive as growth picks up. Thus, one could consider keeping an eye on fundamentally sound European stocks like Novartis (NVS), Unilever (UL), and Siemens Aktiengesellschaft (SIEGY).…

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