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The Latest Breaking News from Economy

Breaking Live 6 publishers covering this story in the last 6 hours

46m ago More rate rises on the books as RBA studies jobs print
49m ago Melania Trump rings New York Stock Exchange opening bell to launch new women's initiative Imperia
52m ago AI may transform economies, but US-China rivalry makes slowing it down unlikely
2h ago She turned America’s waste paper into Chinese packaging: How Zhang Yin built her billion-dollar empire
3h ago Trump speculates on diesel fuel export ban as high prices ripple across US economy

UK economy back to growth as it expands faster than expected in May

Britain’s GDP grew by 0.4 per cent in May, after no growth was recorded in April due to low consumer spending

The Independent UK · Jul 11, 2024

UK economy jumps back with 0.4% growth as Chancellor Rachel Reeves hails start of 'decade of national renewal'

The Labour Government is banking on boosting economic growth to fund billions more into public services

Evening Standard · Jul 11, 2024

Surprise growth boost for Labour as GDP rises by 0.4% in May

ONS figures show gross domestic product rising faster than predicted after flatlining in April

The Guardian - UK · Jul 11, 2024

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Schlitter: Evil in the Woods review – tightly crafted horror turned DIY torture tutorial

Director Pierre Mouchet’s film is a showcase of economy, style and woodwork skills as three friends stay over at a lumberjack’s house and experience his ingenious ways to inflict pain

The Guardian - UK · Jul 11, 2024

Rachel Reeves says the UK’s public finances are in a dire state – but here’s why I’m cautiously optimistic

The markets haven’t imploded, sterling is solid, and there is no flight of investors – and given the circumstances, the only way is up, says Guardian economics editor Larry Elliott

The Guardian - UK · Jul 10, 2024

Why neither growth nor degrowth make sense as long-term objectives for Australia’s economy

What we need to reduce is the ‘throughput’ of the residual industrial economy

The Guardian - AU · Jul 10, 2024

60% of newly-arrived migrants have found jobs and are boosting the U.S. economy, study shows

A report by the Dallas Fed explained that recent immigration has added nearly two million newly-employed workers, contributing to higher GDP growth

Latin Times · Jul 10, 2024

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African urbanisation: what can (and can’t) be learned from China about growing cities

The economic growth paths of Asian and African countries have often been compared. China, with gross domestic product per capita of US$251 in 1987, was poorer than most African countries at the time. Uganda’s GDP per capita was US$392, Zambia’s US$319 and Ghana’s US$354. Yet today China has GDP per…

The Conversation · Jul 10, 2024

Can Penji solve the problem of creative work in the gig economy?

How a per-project platform lets you cast a wide net for a designer and claims to assure quality.

Creative Bloq · Jul 10, 2024

Chinese auto exports surge, partly offsetting a sales slump at home

China has reported its auto sales slumped in June as the domestic economy remained sluggish, but buoyant exports offset the decline at home

The Independent UK · Jul 10, 2024

‘This is something that divides us’: Ecuador’s turbulent transition from oil dependence

With economic crises bearing down on the government, honouring the result of a referendum that demanded an end to drilling in a national park is proving difficult

The Guardian - UK · Jul 10, 2024

Federal Reserve Considers Cutting Interest Rates Amid Cooling Job Market

Federal Reserve considers shifting focus from inflation to job market due to cooling economy.

Top News · Jul 9, 2024

Why Nato is losing patience with Canada, Justin Trudeau

Despite its strong economy and significant contributions in other areas, Canada’s military budget falls short of the Nato target, frustrating allies and raising concerns about the country's commitment to collective defense.

The Times of India · Jul 9, 2024

‘It’s like Where’s Wally in broken Britain’: Ben Jennings on his Tory-era take on A Rake’s Progress

A millennial navigates the gig economy, fights in pubs and gets kettled on a demo in Snowflake’s Progress, the Guardian’s political cartoonist’s Hogarthian epitaph for the last 14 years of Conservative rule

The Guardian - UK · Jul 9, 2024

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The Independent UK · Jul 9, 2024

Federal Reserve faces a cooling job market as Chairman Powell suggests move towards cutting interest rates

The Federal Reserve faces a cooling job market as well as persistently high prices, Chair Jerome Powell said in written testimony Tuesday, a shift in emphasis away from the Fed’s single-minded fight against inflation that suggests it's moving closer to cutting interest rates

Fortune · Jul 9, 2024

Mayor of Athens says tourism in Greece isn't ‘viable’ anymore as each visitor only adds €0.40 to the economy

Last year, 33 million tourists visited Greece—over thrice the country’s population. But tourism is a double-edged sword for the historic country.

The National (Scotland) · Jul 9, 2024

Scotland's economy slows in June but continues to beat many parts of the UK

THE Scottish economy slowed in June but continues to beat many other parts of the UK, a key survey has found ...

The Conversation · Jul 9, 2024

Australia’s professional services sector is being used to launder money. It’s time for tougher laws

Australia’s stable political and legal systems – and relatively resilient economy – make it an attractive place to do business.

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Fortune · Jul 9, 2024

Menopause stigma is impeding women’s career growth, survey says. Here’s how a lack of support is hampering ambition—and the economy

More than three in four women reported having no workplace accommodations for menopause.

Fortune · Jul 8, 2024

Interest rates be damned: 3 reasons JPMorgan's commercial banking clients are optimistic about the U.S. economy

JPMorgan clients generating as much as $2 billion each said they were optimistic about the economy despite high interest rates, geopolitical concerns, and uncertainty around the U.S. election.

Newcastle Herald · Jul 8, 2024

Harnessing the will and capability to make things here

Government focused on reindustrialising suburbs and regions

Evening Standard · Jul 8, 2024

Labour’s economy kickstart & England Euros ‘£16K tickets rush’ ...The Standard podcast

Plus, a fully automated transcript of today’s episode

The Guardian - UK · Jul 8, 2024

Guyana banks on future as a ‘new Qatar’ in high-stakes gamble over oil production

With newfound oil wealth reshaping the economy, can the country balance growth with sustainable development?

The Conversation · Jul 8, 2024

Southern Africa is seen as a leader in wildlife conservation, but its market-driven approach is deeply flawed

Southern Africa’s wildlife economy is often hailed as a successful model. The idea behind this model is that biodiversity and wildlife are used as the basis of sustainable economic growth, through an increase in wildlife numbers and in a country’s revenue.

The Guardian - UK · Jul 8, 2024

Rachel Reeves requests urgent assessment of spending inheritance

MPs will hear assessment this month as new chancellor tries to pin blame on Tories for tough decisions ahead

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