The Latest Breaking News from Economy

Ed Yardeni says China’s aging population could make it ‘the world’s largest nursing home’—and the resulting economic depression may help the U.S.

“China’s economy is in a property-led and fertility-led depression,” Yardeni wrote, adding that this “benefits countries that import Chinese goods at depressed prices.”

Fortune · Nov 28, 2023

It's the spendiest season of the year—but half of Americans are buckling down to save for a safety net

It's a sign they're still unhappy with the economy.

Fortune · Nov 28, 2023

Deliveroo judgment shows how gig economy platforms and courts are eroding workers' rights

The tide of employment law has continued to turn on the gig economy after the UK Supreme Court’s recent ruling that Deliveroo drivers are not considered workers but self-employed independent contractors.

The Conversation · Nov 28, 2023

Uneasy calm in Sierra Leone as Freetown uprising reveals underlying tension

Sunday’s attacks came as deep resentment swells among Sierra Leoneans feeling the bite of a flailing economy.

Al Jazeera · Nov 28, 2023

Stock market today: Asian shares mixed ahead of US consumer confidence and price data

Shares are mixed in Asia after Wall Street benchmarks edged lower as investors looked ahead to updates on inflation and how American consumers are feeling about the economy

The Independent UK · Nov 28, 2023

Germany is having a budget crisis. With the economy struggling, it's not the best time

Germany is struggling to find a way out of a budget crisis after a court decision struck down billions in funding for clean energy projects and help for people facing high energy bills because of Russia’s war in Ukraine

The Independent UK · Nov 28, 2023

Live sheep export ban could cost WA economy $128m

A report commissioned by a group of West Australian councils has found a live sheep export ban could cost the state up to $128 million over two decades.

AAP · Nov 28, 2023

Tories Slammed For Brexit After Bank of England Says It Has 'Chilled' UK Economy

The financial impacts of Brexit have left UK business investment levels "chilled", according to the Deputy Governor of the Bank of England.

International Business Times UK · Nov 28, 2023

CBI calls for green investment plan and an end to short-termism

The business group said that future governments should introduce ambitious policies and competitive incentives.

The Independent UK · Nov 28, 2023

Veteran market watcher Komal Sri Kumar warns of a ‘cloud of uncertainty’ and makes a bold call: 'My base case is something breaking…in the next 3 months'

Rising interest rates and a shaky commercial real estate sector is weighing on the economy: “You’re operating perennially in a cloud of uncertainty.”

Fortune · Nov 27, 2023