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The Latest Breaking News from Economy

Donald Trump and the "pride paradox"

"Trump brilliantly prospected for white, blue-collar shame, found it, converted shame to blame and set it on fire"

Salon

China’s beleaguered real estate shares jump almost 10% after Beijing makes its ‘strongest housing pledge to date’

Investors gave China's stock markets their best week in years after Beijing promised more stimulus measures to support the economy.

Fortune

In Las Vegas, housing could make or break the battle for the White House

Nevada, once known for its low living costs, has seen house prices soar and rents climb – can Trump take advantage?

The Guardian - US

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‘More Trump than Trump’: JD Vance becomes effective Maga messenger

After an inauspicious start, the Ohio senator has become a tribune for Trump’s biggest issues: immigration and the economy

The Guardian - US

Kamala Harris’s economic policy slate more popular than Trump’s – poll

Exclusive: Harris Poll for Guardian finds Democrat put forward four of top five most popular economic proposals

The Guardian - US

Kamalanomics: What businesses can expect in a Kamala Harris presidency

The vice president hasn’t done much to woo Big Business, but many executives would still rather take their chances with her than the alternative.

Fortune

New figures show UK economic growth weaker than first thought

The UK economy continued its recovery from recession at the end of last year

The Independent UK

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New Blow For UK's Starmer As Growth Data Disappoints

Britain's economy grew less than initially estimated in the second quarter, revised official data revealed Monday, dealing another early blow to new Prime Minister Keir Starmer and his Labour government.

International Business Times

How secondhand clothes took Zimbabwe by storm – and hammered retail

The country’s clothes manufacturers are taking a beating from imported ‘preloved’ clothes and a struggling economy.

Al Jazeera

Japan's stocks slump after prime minister election; Shanghai benchmark soars more than 5%

Asian markets have had a wild start to the week, with Tokyo's Nikkei 225 index tumbling nearly 5% while Chinese markets soared on news of fresh stimulus for the faltering economy

The Independent UK

China factory surveys show economy weakening, as Beijing steps up support

Surveys of Chinese factory managers show the economy weakening in recent weeks, as the government ratchets up stimulus

The Independent UK

China Megacities Ease Homebuying Rules To Boost Property Market

Three Chinese megacities on Monday eased restrictions on buying homes and Beijing's central bank said it would ask financial institutions to lower mortgage rates, as the country seeks to pull itself out of a housing slump.

International Business Times

UK business confidence dips to lowest level since general election

Research concludes Labour warnings of tough budget may have sapped optimism about the economy

The Guardian - UK

Australian optimism tempered over Chinese stimulus

Australia has welcomed a major Chinese stimulus as its stalling economy has flow-on effects but the treasurer has warned about being overly optimistic.

AAP

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International Business Times

US Eastern, Gulf Coast Ports Prepare For Shutdown Ahead Of Dockworkers' Strike

The Tuesday strike by the International Longshoremen's Association could cost the American economy as much as $7.5 billion a week.

Barchart

Powell, PMI's and Other Key Things to Watch this Week

Powell is speaking Monday at 1 pm Eastern at a conference in Nashville and PMI's are due out on Tuesday and Thursday.

The Guardian - UK

What are the four candidates’ pitches to become next Tory leader?

How Jenrick, Badenoch, Cleverly and Tugendhat stand on immigration, the economy and foreign policy

AAP

Bigger budget surplus not 'an end in itself'

Treasurer Jim Chalmers says a better-than-expected $15.8 billion budget surplus doesn't mean cost-of-living measures have been forgotten.

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The Guardian - US

‘Running away from good news’: why is Harris distancing herself from Biden’s record?

Under Biden, immigration has stabilised, inflation has been tamed and crime is down, but his VP is forging ‘a new way’

The Conversation

Only the United States benefits from renegotiating the Canada-U.S.-Mexico trade deal

There is a ticking time bomb at the heart of the North American economy. And this is the year that it begins to detonate.

AAP

Retail sales to show economy continues to sputter along

The Australian economy should show further signs of modest growth in upcoming retail trade figures but investors will be more interested in US jobs data.

The Guardian - AU

Burning rubbish to create energy could end landfills. But some worry where Australia’s new path is leading

Some conservationists believe ‘incineration industry’ is trying to gain a foothold in Australia and say the trend will end up damaging the environment

Latin Times

How Trump's Mass Deportation Plans Could Have Devastating Effects on the Economy

Trump continues to pledge to carry out the "largest deportation operation" in American history. But doing so could have negative ripple effects on the economy.

The Independent UK

The sole candidate for Macao's leader pledges to diversify the casino city's economy

The sole candidate in the election for Macao’s next leader has pledged to diversify the economy of the Chinese casino city, a goal previously laid out by Beijing

International Business Times

Global Stocks Rise On Rate Hopes, Beijing Stimulus

Stock markets mostly rose Friday as slowing US and European inflation raised hopes of more aggressive interest rate cuts and China took measures to boost its struggling economy.

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