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The Latest Breaking News from Economy

Stock market today: Asian shares are mixed on signs of slowing growth in the US and China

Asian shares have begun the week with mixed trading

The Independent UK

Why aren’t Americans happier about the economy?

The economy is getting better overall – but as the rich get richer and the poor grow poorer, overall has become a worse gauge of wellbeing

The Guardian - US

Trade takes another hit

The value of Thai exports dipped for an eighth consecutive month in May, falling by 4.6% to US$24.3 billion, contributing to an overall decline of 5.1% to $116 billion in the first five months of this year.

Bangkok Post

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Forced sale concerns for 43,000 mortgage holders: survey

Around 3 percent of mortgage holders face the very real possibility of a having to sell over the next year as a result of higher interest rates.

Newsroom.co.nz

The Greater Manchester areas ranked among the country's best and worst for a night out

A new survey has revealed a divide between wealthier and more deprived areas

Manchester Evening News

Explained | The promise and challenges of a carbon circular economy

The circular economy’s promise is to lower our dependence on natural resources without compromising on economic growth. The question is whether such an economy can be created for carbon specifically, and the challenges therein. A climate scientist explains.

The Hindu

The planet heats, the world economy cools – the real global recession is ecological

Governments focus on the climate when they have few other economic worries. That can no longer be the case

The Guardian - UK

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Top 10 places in the UK for a night out on the town and the 10 WORST - see full list

Brighton has been named the best place for a night out in the UK, followed by Bath and York - while Slough, Basildon and Bracknell scored quite low on Public First's Night Out Index

Daily Mirror

'Tory chaos' means Labour won't be able to do everything we want, warns Rachel Reeves

The Shadow Chancellor said Labour's housebuilding plan would put rocket boosters under the industry as the party focuses on stabilising the economy

Daily Mirror

Southeast Asia's Belt and Road paved with promises

China's Belt and Road Initiative changed the face of Southeast Asia with projects connecting the region. But some countries face more risks than others, writes Irawan Hartono

Newsroom.co.nz

Chancellor downplays tax cuts and admits calming inflation tougher than feared

The Chancellor said he must ‘double down’ to bring down prices rather than increase demand in the economy

Evening Standard

Jobs Market vs. Stock Market?

Did you notice how much the S&P 500 (SPY) moved this week on the various employment reports? That’s because the health of employment tells us a lot about the health of the economy, likely future Fed actions and what that all means for the stock market. Read on below for…

StockNews.com

3 things that could still go wrong for the U.S. economy, Bank of America’s chief economist says

Despite recent bullish economic data, Michael Gapen says he still expects a “mild recession” by the start of 2024.

Fortune

The job market is cooling but still surprisingly strong. Is that a good thing?

U.S. employers added 209,000 jobs in June. That's a solid number, but fewer than the month before. Here are the 5 things we took away from the report.

WEKU

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Tribune News Service

Econometer: Will restarting student loan payments hurt the economy?

Student loan interest rates and payments are set to restart in the fall, and the Supreme Court decided recently to scrap President Biden's debt relief plan.

Tribune News Service

Auto review: Driving the cheapest new car in America: the 2023 Nissan Versa sedan

America has become a nation of truck drivers, enamored with the thought of driving a 2-ton, all-wheel drive monstrosity with all the visual grace of a large appliance box.

Fortune

A celebrated jobs miss on Wall Street: Cooler labor market allays fears over red-hot payrolls as White House crows of ‘Bidenomics in action’

Slow and steady wins the race, and a 209,000 jobs number that missed expectations was actually sweet music for the Street.

Kiplinger

Jobs Report Shows Pace of Hiring Slowed Sharply in June: What the Experts Are Saying

A mixed jobs report won't keep the Fed from raising interest rates later this month, the pros say.

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Chicago Sun-Times

Employers slowed hiring but still added a solid 209,000 jobs in June in sign of economy’s resilience

The June hiring figure showed a small increase, but many companies like Rockford-based firm Fehr Graham are still looking to staff up.

The Guardian - UK

Missions v priorities: how Starmer’s policy goals compare with Sunak’s

As the Labour leader completes his key pledges, we compare them with the prime minister’s – and assess how firm they are

Barchart

Despite Mounting Fears, EPR Properties (EPR) Makes a Compelling Bullish Case

Although the consumer economy undergirding EPR Properties faces rising risks, the latest market rumblings could also benefit EPR stock.

The Guardian - UK

Greater Manchester is revolutionising technical education – whether London likes it or not

Government disdain for our region’s new baccalaureate proves that it knows little about what our young people need, says Greater Manchester mayor Andy Burnham

The Independent UK

US economy adds 209,000 jobs, unemployment rate stays the same

The economy adds fewer jobs than expected in June as President Joe Biden touts ‘Bidenomics’

Axios

U.S. economy adds 209,000 jobs in June

The unemployment rate edged down to 3.6%.

Kiplinger

China’s Economy Slows, Shows No Clear Signs of Improvement: Kiplinger Economic Forecasts

China’s economy has slowed due to fewer exports, a dwindling housing market and less consumer spending.

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