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The Latest Breaking News from Economy

Sinking to 61.5%: The Alarming Economic Low Threatening to Tank Trump's Second-Term Legacy

The US labour market faces scrutiny as participation rates hit a four-year low, raising concerns about economic momentum and President Trump's economic policies amid a disappointing June jobs report.

International Business Times UK

US airlines are redesigning travel around their highest-paying passengers

Major airlines are focusing on premium travelers, offering enhanced comfort and convenience. This strategy creates a noticeable difference between front and back cabin experiences. Airlines are reconfiguring aircraft and investing in amenities for top-tier passengers. Meanwhile, budget-conscious travelers face rising fares and additional fees. This trend indicates a growing stratification…

The Economic Times

Airlines are redesigning travel to cater to highest-paying passengers

Budget-conscious travelers are increasingly witnessing a widening gap between the front and back of the plane

The Independent UK

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'India's economy is driving global growth': PM Modi tells Indian diaspora in Jakarta; says India is following the mantra of 'Reform, Perform and Transform'

Prime Minister Narendra Modi addressed the Indian diaspora in Jakarta during his Indonesia visit. He emphasized India's growing economy as a major driver of global growth. Modi highlighted the deep civilisational heritage shared between India and Indonesia. He also spoke about receiving Indonesia's highest civilian honor. The Prime Minister thanked…

The Economic Times

India climbs global manufacturing rankings amid China+1 shift

India's manufacturing growth has surpassed the global average, positioning it as an emerging leader. This rise is fueled by domestic demand and government initiatives like PLI schemes. Global companies are seeking diversification and resilience in their supply chains. Investor confidence is growing due to sustained reforms and strategic initiatives. India's…

The Economic Times

Expert panel: Release services production index within 60 days

An expert panel recommended monthly compilation of sectoral indices and releasing the ISP within sixty days. This new index will provide a comprehensive monthly measure of India's formal sector. The proposed ISP framework aims to strengthen statistical systems for the services economy. It will complement the Index of Industrial Production…

The Economic Times

Why is Trump attacking ‘communists’? Because he’s run out of cards to play

With the economy, foreign policy and immigration all going poorly for the president, he’s scrambling before the midterms

The Guardian - US

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Half of Americans struggle to afford groceries and gas, exclusive poll finds

About 57% of polled Americans also believe economy is worsening in grim portrait of cost of living crisis, according to Harris survey for the Guardian

The Guardian - US

Ukraine war is not going well for Russia – how dangerous is this for Vladimir Putin?

The mood regarding the war in Ukraine has changed in recent months. Ukrainian drones have struck Russian oil infrastructure, causing fuel shortages across Russia. And the Ukrainian president, Volodymyr Zelensky, is exuberant about finishing the war from a “position of strength”.

The Conversation

Report proposes 'India-Plus Contribution Scorecard' to boost FDI

A new report suggests an 'India-Plus Contribution Scorecard' for foreign investment. This framework would rate investors on economic contributions like exports and technology. Companies scoring above seventy would receive a ninety-day single-window clearance. National security screening will remain a stringent requirement for all foreign investments. This approach aims to attract…

The Economic Times

Global Market: Euro zone inflation risks persist despite oil price retreat, ECB's Schnabel warns

ECB Executive Board member Isabel Schnabel said the euro zone economy has not returned to pre-war conditions despite lower oil prices, citing persistent core inflation, energy market risks and supply chain pressures. Her remarks suggest policymakers remain cautious on inflation, while another ECB official struck a more optimistic tone on…

The Economic Times

The five European economies set to grow more than twice as fast as the eurozone

The IMF expects the eurozone to grow by little more than 1% a year through 2031. Yet some of Europe's fastest growth is forecast in smaller economies, with war-hit Ukraine among the countries expected to outpace the eurozone by more than two to one.

Euronews

How One Uranium Deal Could Transform India’s Future

India's future isn't just being shaped by highways, airports, or renewable energy—it may also depend on a silent fuel buried deep beneath the earth. As Prime Minister Narendra Modi begins his Australia visit, one proposed agreement has captured global attention: a long-awaited uranium supply deal. At first glance, it looks…

MyLifeXP

Why flying feels worse than ever if you can’t afford first class

America’s biggest airlines are expanding their premium cabins and adding more luxury perks to attract high-paying passengers

The Independent UK

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The Economic Times

China's booming gig economy masks job market pain, strains welfare system

His story is increasingly common in China, where tens of millions are shifting from formal employment into the gig economy as meagre unemployment insurance, record numbers of graduates and a shortage of jobs squeeze opportunities.

Times Life

5 Thirukkural Verses That Give Better Life Advice Than Any Self-Help Book You've Read

Kural 1, Start With What You Cannot SkipThe Thirukkural opens with a verse about the primacy of first principles: before anything else, establish the foundation. Thiruvalluvar's first couplet (Chapter 1, Praise of God) is not simply devotional, it is architectural. The argument is that everything built without a correct base…

AAP

Longest stretch of weak growth since 1990s forecast

Rarely has Australia's near-term economic outlook appeared so gloomy, says Deloitte Access Economics.

Bangkok Post

Ekniti: Act swiftly to avoid crisis

Thailand must act quickly to stem its mounting current account deficit before it spirals into a current account crisis, says Finance Minister Ekniti Nitithanprapas.

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AAP

'Invisible' organisation boosts economy by $2m a day

A little-known firm that ensures the food Australians eat and the medical results they receive are up to scratch contributes millions of dollars to the economy.

Kiplinger

Dow Tops 53,000 as Chip Stocks Re-Take the Lead: Stock Market Today

Markets are starting to look forward to second-quarter earnings reporting season, as economic activity remains solid.

The Conversation

Australia’s housing market is cooling. Perhaps our expectations should too

After years of rapid growth, Australia’s housing market is beginning to cool. Auction clearance rates have softened, prices in Sydney and Melbourne are easing, and economists expect further modest declines over coming months.

International Business Times

America's Services Sector Kept Growing In June. But AI Data Centers Are Creating New Supply Shortages.

June's business surveys pointed to continued growth in the U.S. services economy, with hiring improving in one key measure while AI-driven demand continued to strain supplies of critical components.

Bangkok Post

Strong medicine for a sick economy

Listening attentively for 52 minutes to Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas' diagnosis of Thailand's deep economic malaise, one could easily have suffered a heart seizure. Fortunately, he used the analogy of a patient with cancer who must determine what treatments are required to cure the disease in…

Bangkok Post

Fetco sets market reform roadmap

The Federation of Thai Capital Market Organisations (Fetco) has unveiled a 15-year roadmap to position Thailand as Asean's leading capital market by 2032 and achieve developed market status by 2040, supporting the government's ambition to become a high-income economy while strengthening the country's long-term competitiveness.

Latin Times

Houston's Latino Entrepreneurs Built an Economic Engine. The World Cup Just Put It Under a Microscope.

Houston's Latino-led economy powered years of growth. The World Cup brought 500K visitors — and a real test of whether that growth reaches every block.

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