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The Latest Breaking News from Economy

We gave 2 groups of American voters opposite scenarios for the U.S. economy and asked them about the culture wars. No one cared about ‘wokeness’ in case of a recession

If the economy stays strong, Democrats are poised to meet Americans where they are. If not, Republicans can't continue to talk about woke when we are broke.

Fortune

“I love anything with a killer solo you can jam out to”: Welcome to the Sophie Lloyd masterclass, where the Machine Gun Kelly guitarist and YouTube shred sensation will give your rock chops a serious workout

In this Guitar World exclusive, Sophie Lloyd takes you behind her rhythm and lead techniques on monster single Do or Die and shares her tips on how to hone your skills

Guitar World

Hopeful signs of an economic 'soft landing' emerge in Jackson Hole as Fed meets with world watching

Business these days in Jackson Hole, Wyoming, is still good — just not as robust as it was after the U.S. economy roared out of the pandemic recession

The Independent UK

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PM Modi seeks level playing field for smaller e-commerce players

Prime Minister Narendra Modi, in his opening address to the G20 Trade and Investment Ministerial summit, said it was the collective responsibility of these 20 nations to rebuild confidence in international trade and investment processes as the world economy has been tested by the COVID-19 pandemic and geo-political tensions.

The Hindu

A very different country: 2060s Australia as seen by the Intergenerational Report

The Australia of the 2060s will be very different from the one we know today. It will be older, with slower economic growth, a big “care” economy, and an export sector that is radically transformed due to the imperatives of climate change.

The Conversation

Stormont official suggested ‘sexier’ picture of NI economy required, files show

The official said a Foreign and Commonwealth Office briefing document for use by UK embassies overseas was a ‘relic of the past’.

The Independent UK

DARPA wants to build a 'thriving commercial economy' on the moon in 10 years

DARPA (Defense Advanced Research Projects Agency) is seeking rapid develop of technologies to support the foundation for an integrated lunar infrastructure.

Space

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Reluctant banks are partly to blame for the UK’s housing crisis – but alternative lenders offer a way forward

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

Institutional Traders Go Contrarian on Kimco Realty (KIM). Should You?

Although the consumer economy has faced tremendous pressures, institutional traders appear bullish on Kimco Realty. Should retail investors follow the move in KIM stock?

Barchart

OPINION - If it’s hurting, it’s working, but it still sucks

At about 10:45 this morning I turned to Jonathan Prynn, the Standard’s business editor, and asked what he made of the latest purchasing managers’ index (PMI) numbers. His answer was unprintable. In fairness, at fifteen minutes to deadline, I picked a bad time to bother him. But Jonathan is hardly…

Evening Standard

Tell us: how is your life affected by working in the UK’s gig economy?

We want to speak to workers on zero-hours contracts in the UK about their experiences of insecure employment

The Guardian - UK

Srettha Thavisin: the real estate tycoon turned Thai prime minister

Businessman has no experience in government, but Pheu Thai says his industry past means he can help boost economy

The Guardian - UK

No explanation after China's Xi Jinping misses key speech at Brics summit

Chinese President Xi Jinping unexpectedly skipped a speech he'd been due to give at the Brics summit in South Africa – instead sending his commerce minister to speak about the strength of the Chinese economy and to denounce wealthy nations who seek to contain the growth of developing ones.

Radio France Internationale

Residents in southern Syria raid ruling party offices, block road as protests over economy intensify

Angry protesters have raided the local offices of the ruling Baath party in a southern Syrian province

The Independent UK

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France 24

Zimbabwe's economic woes: Hyperinflation, a currency slump and high unemployment

As Zimbabweans head to the polls this Wednesday, we take a look at the dire economic straits the country finds itself in. Inflation has gone from the single digits in 2017 to 77 percent this month, the currency has crashed against the US dollar, and high unemployment has led many…

The Independent UK

Surprisingly durable US economy poses key question: Are we facing higher-for-longer interest rates?

A year ago, Chair Jerome Powell warned that to fight high inflation, the Federal Reserve would continue to sharply raise interest rates, bringing “some pain” in the form of job losses and weaker economic growth

The Guardian - UK

Dorries claims she is ‘working daily’ on behalf of her constituents amid calls for her to resign – as it happened

She made the comment in response to repeated claims she is neglecting her duty as an MP

Evening Standard

FTSE 100 Live: ‘Heightened recession risk’ with UK private sector in shock decline, but shares climb

London shares are on the front foot after the latest “stunning“ results by chipmaker Nvidia boosted stock market confidence.

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The Times of India

Xi Jinping skips speech defending China economy at BRICS business forum

JOHANNESBURG: President Xi Jinping failed to attend a business forum in South Africa where he was expected to deliver a speech defending China’s economy and its support for emerging markets, as fears mount that the Asian nation’s struggles could cause global turbulence.

The Guardian - UK

China’s economic model is faltering – does it have the political will to fix it?

The country’s property crisis is causing damage that requires Xi to make liberal or market reforms

The Guardian - AU

Cost-of-living crisis: Albanese government launches taskforce to review competition in bid to ease pressures

Panel’s appointment comes as Woolworths reports rise in net annual earnings to $1.6bn, a day after Coles posts $1.1bn profit

The National (Scotland)

'Banner year' as Scotland's screen sector boosts economy by more than £600m

SPENDING in Scotland’s screen sector increased by 55 per cent between 2019 and 2021 as Wellbeing Economy Secretary Neil Gray hailed “another…

StockNews.com

Who Wins the Battle Over 4,400?

How low will stocks go? That is the question on everyone’s mind as the recent highs for the S&P 500 (SPY) seem like a distant memory as stocks have been going the wrong direction for the entirety of August. Investment expert Steve Reitmeister the causes of the recent sell off…

The Guardian - AU

Labor’s intergenerational report will be released this week. But just how reliable will it be?

The 300-page missive will include forecasts about the economy and budget over the next 40 years

Fortune

The experience-hungry American consumer is already crashing the economy into a 'rolling recession,' Oxford Economics says

“Instead of a typical recession, it's possible the economy will fall into – or in fact is already in – a 'rolling' recession,” Oren Klachkin, lead U.S. economist at Oxford Economics, wrote Tuesday.

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