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The Latest Breaking News from Economy

UK short-term borrowing costs surge above Truss-era highs; US inflation falls to 4% – as it happened

UK interest rates expected to hit 5.5% by December after regular pay grows by a record, sending two-year bond yields soaring

The Guardian - UK

I Tried Drinking Coffee At Home For A Month Bc I’m Spending A Ludicrous Amount On Bean Juice ATM

In the spirit of saving money in this cooked economy and cost of living crisis, I decided to start drinking my coffee at home for a month.

Pedestrian.tv

EIS optimistic on economic prospects in H2

The Economic Intelligence Service (EIS), a research arm of the Thailand Development Research Institute (TDRI), forecasts a better second half for the Thai economy, driven by increased tourism and domestic consumption, although the political instability would need to be monitored.

Bangkok Post

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Tisco Asset pinpoints opportunities in H2

Tisco Asset Management recommends Thai equity mutual funds related to the domestic economy and tourism as well as Chinese equities, US technology and dividend stocks, and US bonds for the second half of this year.

Bangkok Post

3 Big Box Retailers Stocks to Consider Buying

Consumer spending rose while retail sales rebounded in April, indicating the economy's strength. Retail sales are expected to remain robust despite the growing possibility of a recession. Therefore, it could be wise to consider buying fundamentally strong big-box retailers stocks, Koninklijke Ahold Delhaize (ADRNY), Casey’s General Stores (CASY), and PriceSmart…

StockNews.com

Sam Fender delivers £15m boost for Newcastle as city revels in iconic Geordie weekend

The North Shields musician's historic homecoming gigs have been hailed as a "huge celebration of Newcastle" and a great shot in the arm for the North East economy

Chronicle Live

U.S. workforce data is behind the times. It's time to measure what matters most to the American people

Statistics can make even the most precarious jobs look like success stories if it only takes quantity into account and ignores job quality.

Fortune

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Gig economy workers are to get better EU protections – creating an awkward choice for Rishi Sunak

Workers for online operators like Deliveroo and Uber are in line for sweeping new rights and protections within the EU after ministers met in Luxembourg to thrash out proposals. The resulting agreement on proposed rights for platform workers that have huge implications for the gig economy and put pressure on…

The Conversation

OPINION - Labour’s toughest test is: what does the Left do when there’s no money?

There is a formula to winning general elections. If your leader outperforms his or her principal rival and your party leads on the economy, you are going to win. There is no example, since records began, of a party which led on those two measures and then went on to…

Evening Standard

Silvio Berlusconi obituary

Media tycoon and Italy’s longest-serving postwar prime minister whose period in power ended in sex scandals, a debt crisis and convictions for tax fraud

The Guardian - UK

How to make it off a long-haul flight healthy and happy

Taking a flight, especially in economy seating, can wreak havoc on your body. Here are some expert tips to stop that from happening.

The New Daily

Saudi Arabia, China’s tourists and Sino-Saudi relations

Tourism is a pillar of Saudi Vision 2030, and China ranks very high globally as a source of tourists.

Al Jazeera

UK ‘to avoid recession’ as stronger growth forecast

The UK economy will re-enter growth territory in the second half of this year, the CBI forecasts

Evening Standard

HSBC unveils Innovation Banking arm centred on former Silicon Valley Bank UK business

'The UK’s world-leading technology and life sciences sectors are central to growing the UK economy'

Birmingham Post

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Fortune

Larry Summers warns U.S. economy is still ‘very, very hot' with 'pockets of distress' in commercial real estate

The U.S. is "an underlying 4.5-5% inflation country,” said Summers, a few days ahead of Tuesday's inflation report.

WEKU

The U.S. dollar conquered the world. Is it at risk of losing its top spot?

The dollar has helped make the U.S. the most economically powerful country for most of the last century, but other countries – including rivals like China – have the greenback on their sights.

Bangkok Post

Ex-Samsung exec accused of building copycat chip plant in China

A former Samsung Electronics Co executive allegedly stole blueprints and designs to try and replicate an entire semiconductor plant in China, Korean prosecutors said in outlining an unusual attempt to establish world-class chipmaking capabilities in the world’s No 2 economy.

Daily Record

Dumfries and Galloway councillors push back on £45 million Ladyfield "care campus" plans

Members of the economy and resources committee voted to take “no further, proactive work” over the masterplan at this time

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The Hindu

Need to develop new techniques to audit 'Blue Economy': CAG Girish Chandra Murmu

Comptroller and Auditor General of India (CAG) Girish Chandra Murmu on June 12 said that Supreme Audit Institutions should develop new techniques and capabilities to audit marine life or the Blue Economy to ensure sustainable development.

The Guardian - UK

Economic growth to pick up but risks to recovery ‘elevated’, say UK forecasts

Households and firms can expect more financial pain despite Britain dodging technical recession, says KPMG

Bangkok Post

The eternal joust over rate hikes

Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.

The Hindu

Miles to go: On the state of the Indian economy

There is more to the prognosis of the state of the economy outlined by the Chief Economic Adviser

Radio France Internationale

EU offers Tunisia massive aid deal to reduce migration and boost economy

The European Union on Sunday offered millions of euros in financial support to Tunisia, to boost its economy and reduce the flow of migrants crossing the Mediterranean Sea into Europe.

The Hindu

This will help empower people and improve economy of the State, says Priyank Kharge, after flagging off Shakti scheme

Rural Development and Panchayat Raj and Information and Biotechnology Minister Priyank Kharge has said that the Congress has kept its pre-poll promise by launching the Shakti scheme that allows women to travel free in government buses across the State. Addressing a gathering after flagging off the Shakti scheme at the…

The National (Scotland)

Andrew Bowie squirms in awkward grilling on UK economy

Martin, Martin, please stop Martin...

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