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The Latest Breaking News from Economy

Breaking Live 4 publishers covering this story in the last 6 hours

9m ago Skyrocketing diesel prices rattle Republicans as midterms approach
31m ago Nitin Gadkari says plain sugar's future is not bright: After E20, transport minister wants sugar mills to produce a gas that can be used in CNG vehicles and fuel that can power aircrafts
1h ago Gold muted as investors weigh chances of further Fed rate hikes
3h ago Meta Built an AI Data Centre Near a Dying Louisiana Town — Then the Workers, Money, and Businesses Poured In
4h ago Why ASEAN’s coming digital economy trade agreement deserves your attention

EU Cuts Inflation Forecast For 2024 Despite Uncertainty

The European Commission expects inflation to fall to 2.5 percent in 2024, down from a previous forecast of 2.7 percent -- news that will be welcomed by the European Central Bank (ECB).

International Business Times · May 15, 2024

Intensifying war increasing threat to Ukraine economy, EBRD warns

European Bank for Reconstruction and Development cuts growth forecasts for regions it operates in, saying war ‘casting long shadow’

The Guardian - UK · May 15, 2024

Wholesale Prices Increase Ahead Of Projections As Inflation Fight Rages

The Federal Reserve's multi-year battle with inflation continues to grind on the U.S. economy after Tuesday's data revealed a higher-than-expected increase in the Producer Price Index.

International Business Times · May 14, 2024

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US Economy: Is Consumerism Being Curbed?

A few key economic indicator markets seem to be telling us the consumerism that has underpinned the US economy could be waning.

Barchart · May 14, 2024

Russia’s defence rejig: ‘Unfortunately for Ukraine, a very effective move’

Analysts predict Andrei Belousov will boost Russia’s military-industrial complex as Kyiv’s forces struggle on the front.

Al Jazeera · May 14, 2024

2024 budget delivers minor surplus but deficits loom over economy as Australia’s spending ramps up

Major shortfalls predicted over next two years as Jim Chalmers downplays potential for inflationary pressures

The Guardian - AU · May 14, 2024

Australia budget 2024: the six graphs you need to see

A surplus matters less than what choices the government makes in its budget – here’s what Jim Chalmers’ statement tells us

The Guardian - AU · May 14, 2024

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Value-added: back to a future made in Australia's mines

Mining and refining is central to the budget's plan for Australia to hold its own in a global economy beset by fierce competition for sovereign production.

AAP · May 14, 2024

UK unemployment may not reach its worst, but economic rebound will stall

Failure to cut interest rates will take money out of the system, hitting businesses such as hospitality

The Guardian - UK · May 14, 2024

Germany Sees Record Foreign Investment In Economy

Germany's record foreign investment levels reflect its stable economy, skilled workforce, and green technology focus.

Top News · May 13, 2024

Kremlin Appoints Economist As Defense Minister Amid Military Reshuffle

Defense Minister Sergei Shoigu replaced by Andrei Belousov to align military spending with economy amidst Ukraine conflict. Belousov's appointment signifie...

France 24 · May 13, 2024

Could Russia take Ukraine's second city? Putin on the offensive

Moscow has opened a new front with Ukraine after taking several villages near Kharkiv. Russia’s spring offensive takes form as President Vladimir Putin replaces defence minister Sergei Shoigu with another Kremlin loyalist – Andrei Belousov, the deputy prime minister in charge of the economy.

France 24 · May 13, 2024

Putin defence minister shake-up a sign of plans for ‘long confrontation’ with West

President Vladimir Putin's nomination of top economic official Andrei Belousov as defence minister is a sign of the importance the Russian leader places on the war economy in gaining the upper hand in what he expects will be a long conflict against Ukraine, analysts say.

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Axios · May 13, 2024

Charted: What Americans most remember — and forget — about Trump's presidency

Voters are most likely to (negatively) cite Trump's behavior and the economy (as a positive).

The Guardian - UK · May 13, 2024

Are 25-year UK mortgages a thing of the past?

Younger homebuyers are turning to ultra-long loans, prompting fears over the risk to their finances and the wider economy

International Business Times · May 13, 2024

Putin's Defence Shake-up: 'Preparing For A Long Confrontation'

Evening Standard · May 13, 2024

Nine in 10 business leaders in UK suffering from tech-related stress, study finds

BT has estimated that ‘tech paralysis’ could cost the economy a staggering £11.79 billion by 2030, as many businesses opt to defer investment in tech transformation

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