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The Latest Breaking News from Economy

French resistance blocks EU deal to protect gig economy workers

EU nations led by France have rejected a reform that proponents say would improve conditions for so-called "app workers" in the gig economy, a labour market that relies heavily on temporary staff.

Radio France Internationale

Skyward Surge: US Durable Goods Orders Take Flight in November

Takeoff! US durable goods orders soar in November fueled by aircraft demand, propelling the economy to new heights. Buckle up for economic growth!

Top News

Fed's Early Pivot Supported as Nov PCE Inflation Remains Tame

Get ready for a wild ride! The US economy takes a surprising turn as tamed November PCE inflation gives the Fed the green light for an early pivot. Hold on...

Top News

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Free-flowing alcohol and a fully flat bed: The secret to a free first-class seat upgrade

Flying in first class will help you to enjoy your trip without being squished like a sardine. Here's how you can score a first-class seat without paying more.

Fortune

This Christmas, Americans Can Afford More Toys Than Ever

The rising prices throughout much of the economy make it a little easier to appreciate the things that seem to be inflation-proof, like video games.

Reason

Voters Pessimistic About Economy; Tips to Improve Personal Finances

Discover why voters are feeling pessimistic about the economy, but don't let that bring you down! Check out these tips to improve your personal finances in...

Top News

Downbeat UK growth data adds to picture of an economy going nowhere

Whether or not a recession materialises, the GDP figures are bad news for government

The Guardian - UK

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Recession warning puts another Sunak pledge at risk

The Prime Minister looks in danger of only meeting one of his five pledges for 2023.

The Independent UK

UK Economy Shrinks Before Election Year

Britain's economy unexpectedly shrank in the third quarter and flatlined in the previous three months, official data showed Friday, raising fears of a recession before an election due next year.

International Business Times

Tesla Expands Energy Storage Production in China

Tesla's expansion into China continues with plans to produce energy-storage batteries, offering a bright spot for the Chinese economy amidst foreign invest...

Top News

Spanish Economy Shows Resilience, Q3 GDP Sees 0.3% Growth

Spain's economy shows a glimmer of hope as Q3 GDP grows by 0.3% from the previous quarter, hinting at a potential turnaround in the nation's fiscal fortune...

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UK economy at risk of recession after worse than expected third quarter decline

THE UK is at risk of falling into a recession after revised official figures show the economy declined between July and September.

The National (Scotland)

Blow for Rishi Sunak as revised GDP figures show economy in reverse

PM promised growth as one of five key pledges – but the ONS figures reveal it is going in reverse

The Independent UK

We'll all be buying secondhand tech in 2024, latest MPB report predicts

We talk with Matt Barker, founder and CEO of MPB, to discuss selling creative kit and how the recommerce market is soaring.

Creative Bloq

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Top News

UK Economy Takes a Tumble, Hints at Possible Recession

Uh-oh, it seems the UK economy took a dive in Q3, raising concerns of an imminent recession. Time to brace ourselves and hope for a miraculous recovery!

The Guardian - UK

New pressure to cut interest rates as UK economy falters and US inflation dips

Inflation fall to 3.2% fuels calls for Federal Reserve to cut rates sooner as UK GDP figures push economy towards recession

International Business Times

Prices Bite Into Greek Christmas Even As Economy Improves

Greece's traditional Christmas sweets made of icing sugar, honey and powdered almonds tantalise shoppers ahead of the festive season as they do every year.

Evening Standard

Recession fears return after new figures show GDP fell in third quarter

Fall in output threatens to derail Rishi Sunak's pledge to grow the economy

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The Independent UK

Stock market today: Asian shares are mixed after a rebound on Wall Street

Shares are mixed in Asia after several strong profit reports helped Wall Street claw back most of its sharp losses from day before

The Guardian - UK

Rail fares in England to rise 4.9%; UK economy on brink of recession; US PCE inflation slows – as it happened

UK GDP fell by 0.1% in July-September, worse than first estimated, raising fears of a recession

Al Jazeera

After bumpy recovery, China’s economy faces serious headwinds in 2024

The world’s second-largest economy is heading into 2024 on a precarious footing amid deep-seated structural issues.

Caixin Global

Weekly Must-Read: China May Find Cure for Stagflation by Studying Japan’s Experience

As Japanese economy rises from slump, China’s woes look familiar

Top News

Japan's Core CPI Surges 2.5% YoY, Stoking Economic Momentum

Japan's economy shows signs of resilience as core CPI rises 2.5% year-on-year in November, reflecting a positive trend in inflation. A glimmer of hope amid...

Top News

Mortgage rates hit record low, boosting home buyer affordability

Exciting news for potential homebuyers as mortgage rates hit a new low! With falling rates and a strong economy, it's the perfect time to consider buying a...

Barchart

Can Apple’s Torrid Rally This Year Continue in 2024?

Shares of Apple (AAPL ) rallied to a new record high last Thursday and are up 50% this year, driven by optimism it will continue to churn out big profits regardless of the health of the economy. However, after reporting four consecutive quarters of declining revenue, fresh headwinds are making...

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