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The Latest Breaking News from Economy

Inflation Continues To Cool, Paving Way For More Interest Rate Cuts

The Federal Reserve's preferred inflation measure rose just 0.1% in August, according to Commerce Department data

International Business Times

Fed President Supports Gradual Interest Rate Reduction

Federal Reserve official in Richmond supports moderate rate cut to maintain economic restraint.

Top News

Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

The Federal Reserve’s preferred inflation measure provided the latest sign that price pressures are easing, a trend that is expected to fuel further Fed interest rate cuts

The Independent UK

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Trump's Tariff Policy: Impact And Controversy

Explore the impact of tariffs on the American economy, from proposed benefits to potential negative consequences. Learn about the skepticism from economist...

Top News

US inflation gauge falls more than expected; China stocks post best week since 2008 – as it happened

Federal Reserve’s preferred measure, PCE inflation, falls to 2.2%, easing way for further rate cuts

The Guardian - UK

Asian markets follow Wall Street higher on upbeat news from China, US

Stocks in Asia are mostly higher, boosted by moves by China to rev up its economy

The Independent UK

Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit

Australian Treasurer Jim Chalmers has welcomed efforts by China to perk up its slowing economy

The Independent UK

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Harris outlines plan to tax the rich

In an interview with MSNBC's Stephanie Ruhle, the Democratic candidate made her pitch to the middle class

Salon

Don't Expect a Return to the Trump Economy

If the former president wins the 2024 race, the circumstances he would inherit are far more challenging, and several of his policy ideas are destructive.

Reason

Fuelling the future: How entrepreneurship drives job creation in a changing economy

Matthew Hayes, Managing Director of Champions (UK) plc, shares his insights into how entrepreneurship is a fundamental factor of job creation during a changing economy

The Independent UK

Labor plans to boost nightlife economy across the ACT

Plans to reduce liquor licences and open more public spaces.

The Canberra Times

US Economy Grows At Healthy 3% Annual Pace

The American economy showed robust growth in Q2 driven by consumer spending and business investment. Inflation eased, prompting a Fed interest rate cut. Jo...

Top News

Ports Seek Federal Intervention Amid Looming Strike Deadline

Impending strike at major U.S. ports due to contract disputes, potentially disrupting operations and impacting the economy.

Top News

US economy grew at a solid 3% rate last quarter, government says in final estimate

The American economy expanded at a healthy 3% annual pace from April through June, boosted by strong consumer spending and business investment, the government said, leaving its previous estimate unchanged

The Independent UK

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China Boosts Economy With 2 Billion Bank Recapitalization Plan

China's economic stimulus measures ahead of National Day aim to boost growth and stability.

Top News

IMF Approves Billion Loan To Boost Pakistan's Economy

IMF approves billion loan for Pakistan to bolster its economy. Prime Minister expresses gratitude for the financial assistance.

Top News

China's Stimulus Plan Boosts Global Markets

Global stock markets surge as China injects funds into banks and supports the economy, impacting global trade and growth.

Top News

Melania Trump Criticizes Biden Administration, Urges Americans To Decide

Melania Trump emphasizes policy issues in deciding the Democratic nominee, highlighting concerns about the economy, wars, leadership, border security, and ...

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The Independent UK

China redoubles first-aid for its economy with support for banks and workers

China is redoubling its first-aid for the economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the 75th anniversary of the founding of the People's Republic

Al Jazeera

IMF loan offers Pakistan relief but long-term reforms remain a challenge

The $7bn loan is a lifeline for Pakistan’s struggling economy, but experts say the country needs fundamental changes.

Barchart

Nasdaq Futures Soar as Micron’s Strong Outlook Boosts Sentiment, U.S. GDP Data and Fed Speak in Focus

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +1.33% this morning as market participants cheered forecast-beating quarterly results and guidance from semiconductor giant Micron, while also awaiting a flurry of U.S. economic data and remarks from Federal Reserve officials.

Evening Standard

A Budget boost to savings would unlock the investment and growth the UK desperately needs

The UK economy is about 15% smaller now than it would have been if the growth rates before the financial crisis had continued.

The Guardian - AU

RBA warns two factors risk increasing number of Australians caught in mortgage struggle

Vast majority of borrowers servicing their debts but arrears could grow if economy slows more than expected, bank says

Fortune

German economy is ‘stuck in stagnation,’ ING says

“The German economy is back where it was a year ago: the growth laggard of the eurozone with few signs of an imminent improvement.”

inkl

How Bitcoin Pokies Are Boosting Australia’s Digital Economy

Learn how Bitcoin pokies are transforming Australia’s digital economy, fostering growth through innovation, job creation, and greater financial accessibility.

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