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The Latest Breaking News from Economy

How government payments to the vulnerable can multiply to create economic growth for everyone

The economic fallout of COVID-19 left people around the world facing a significant threat to their livelihood. As governments scrambled to mitigate the pandemic’s impact on their populations, many decided to use direct payments to support vulnerable citizens.

The Conversation

IMF commends India's economic resilience and growth amid global challenges

India's economy exhibited robust growth over the past year, surpassing pre-pandemic employment levels and showcasing resilience in the informal sector. Read further on Dynamite News:

Dynamite News

Biden's 2024 campaign losing popularity amidst internal discontent

A riveting discussion with Ari Fleischer and Chris Bedford regarding the current political situation, potential 2024 elections, the economy, and immigration.

Top News

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IMF Predicts 6.3% Economic Boom for India in FY24

Embrace the rhythm of thriving economies as the IMF forecasts a vibrant 6.3% growth dance for India's economy in fiscal year 2024. Catch the beat!

Top News

Mexican Retailers to Hold Line on Staple Food Prices

Mexican munchies won't pinch your pocketbook! Food retailers commit to fixed prices on kitchen staples, sailing through inflation's stormy seas -official s...

Top News

Bank of America warned of a mild recession at the beginning of the year. Now, it says the Fed is close to ‘sticking’ a soft landing

History shows only one successful soft landing in 60 years of rate hikes. This time could be a second.

Fortune

Iowa Republican Voters Lean Toward Trump Citing Economic Success

Join an engaging discussion with three Iowa Republican voters highlighting their political preferences, with a focus on key issues like the economy.

Top News

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Trump whines about record stock market

The Dow Jones hit a record high despite Trump's prediction that the economy would collapse under Biden

Salon

Jordan Peterson thinks Labour will ruin Britain. Has no one told him about the Tories?

Conservatives are pointing to Venezuela’s economy and 20-year-old lawsuits about dogs to try to damage Labour’s prospects. With the country so broken already, will anyone buy their arguments, asks Zoe Williams

The Guardian - UK

Germany's Economy Braces for a Potential Recession

Germany's economy set to shrink again in Q4, due to industry and construction weaknesses, high energy rates and an internal budget crisis.

Top News

Germany's economy seen shrinking again in the current quarter as business confidence declines

Germany's central bank says the country's economy is likely to shrink again slightly in the current fourth quarter

The Independent UK

Jeremy Miles enters race to succeed Mark Drakeford as Welsh first minister

The education minister joins Vaughan Gething, the economy minister, in contest

The Guardian - UK

Adobe’s $20bn merger with Figma abandoned; UK economy ‘limping’ as high interest rates bite – as it happened

Adobe’s proposed $20bn merger with product design software company Figma has been terminated, following competition probes in EU and UK

The Guardian - UK

AI and industrial policy saved the U.S. economy in 2023

Federal Reserve chair Jay Powell is likely celebrating this holiday season.

Fortune

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AAP

Higher tax payments help SA to first post-COVID surplus

South Australia is back in black by $41 million, but growing operating expenses have resulted in a lower surplus than expected.

The Independent UK

Stock market today: Asian shares mostly lower as Bank of Japan meets, China property shares fall

Asian shares are mostly lower, while U.S. futures and oil prices edged higher

AAP

Mixed bag for Aussie commodities in evolving economy

Global vehicle manufacturing, including China's need for raw materials for electric cars exported to the world, are driving iron ore and aluminium exports.

Bangkok Post

Zones for nightspot 4am closing time can expand

Interior Minister Anutin Charvirakul said that he was ready to consider expanding the zones where entertainment places can open until 4am in order to boost the economy.

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Top News

Trump Quotes Putin, Public Opinion Unfazed, Prices Skyrocket Post-COVID

In an engaging discussion, panelists dissect Trump's comments favoring Putin and its effects on American democracy and economy amidst rising costs.

The Guardian - UK

Vaughan Gething: Labour’s resilient optimist – and Wales’s next first minister?

The Welsh minister for the economy is making the early running in the leadership contest, looking well placed to work closely with both Starmer and unions

The Guardian - UK

With Bidenomics beginning to pay off, Keir Starmer needs to keep the faith and lift the gloom

Wall Street is enjoying a reignited economy, and America’s Main Street will follow. In the UK, Labour must stick to its plan for public investment

The National (Scotland)

Think tanks makes case for council tax overhaul and introduction of local wealth tax

AN OVERHAUL of council tax and the groundwork for a land value tax should be laid out in this week’s Scottish Government Budget, according to a…

The Independent UK

Rishi Sunak faces election wipeout even if flights to Rwanda take off, top pollster warns

Exclusive: Devastating forecast has Tories heading for landslide defeat – as voters care more about economy and NHS rather than deportation policy

The Canberra Times

Where is the circular economy?

In nature, there is no such thing as 'waste'.

WEKU

Inflation has cooled a lot. So why do things still feel so expensive?

Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.

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