The Latest Breaking News from Economy

Bank of England interest rate rise could be the last for a while

The UK’s new 4.5% base rate may seem high, but it’s actually quite low compared to the 1980s and 1990s

Wales Online · May 14, 2023

Fur seal population divides Narooma over impact on tourism, fishing and economy

There's debate about whether a colony of fur seals in Narooma on the New South Wales far south coast helps or hinders the local economy.

ABC News · May 13, 2023

How to fly economy class but feel like you’re in business

After Air New Zealand revealed new economy-class sleep pods, we look at other ways to make a long journey in the cheaper seats a bit more bearable

The Guardian - AU · May 13, 2023

The debt limit fight is a 'game of chicken' that only has one loser: The U.S. economy

There could be serious economic damage in the U.S. and elsewhere if the debt ceiling fight nears the default deadline.

Fortune · May 13, 2023

Japan's Kishida says G7 facing historic moment as finance leaders wrap up talks on global economy

Japanese Prime Minister Fumio Kishida says the world is facing a “historic turning point” as the country prepares to host the annual summit of the Group of Seven advanced economies next week in Hiroshima

The Independent UK · May 13, 2023

Soaring interest rates to cost UK mortgage holders £12bn in extra payments

Impact of Bank of England’s decision to hike rates to 4.5% will be felt mostly by young families, thinktank says

The Guardian - UK · May 12, 2023

Oklahoma treasurer announces 13 financial institutions can’t do business with the state over ESG policies

Oklahoma State Treasurer Todd Russ (R) on May 3 issued a list of 13 financial institutions that are ineligible to do business with the state under a 2022 law because, according to Russ’s office, they engage in energy boycotts that, in its opinion, hurt the state’s economy. The listed institutions…

Ballotpedia · May 12, 2023

TAT makes move into the metaverse

The Tourism Authority of Thailand (TAT) plans to open its first virtual office in the Bitkub Metaverse in the third quarter of this year, in a bid to attract millennials and foreign tourists to bolster Thailand's digital economy.

Bangkok Post · May 12, 2023

Strategy games keep giving players the most depressing insights into real-world politics and economics

The political and economic lessons of games like Dwarf Fortress and Victoria 3 have one outcome: depression

GamesRadar · May 12, 2023

Despite BioWare's efforts, Star Wars: The Old Republic's economy is still completely out of control

Low level items and minor crafting materials are selling for millions, but more changes to combat inflation are coming.

PC Gamer · May 12, 2023