The Latest Breaking News from Economy

As Biden, McCarthy butt heads on debt, what are differences?

There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government’s finances

The Independent UK · Apr 25, 2023

Quarterly inflation is expected to ease, but the Reserve Bank may still lift interest rates

Even if inflation eases, a leading economist and strategist believes today's consumer price index figures will give the Reserve Bank of Australia reason to resume its rate-hiking cycle at its next meeting.

ABC News · Apr 25, 2023

Biden issues executive order on environmental justice

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia · Apr 25, 2023

US consumer confidence falls for 3rd time in 4 months

Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households

The Independent UK · Apr 25, 2023

Bid to let asylum seekers work six months after they arrive in Britain

Refugees could help tackle labour shortages and begin contributing to the economy sooner if they were allowed to get jobs while their applications are being considered, campaigners argue

Daily Mirror · Apr 25, 2023

Covid-19: China to scrap PCR test for travelers to country

BEIJING: China will no longer require travelers to the country to provide a negative PCR test result, scrapping a rule that’s been a major deterrent for visitation since the world’s second-largest economy emerged from Covid isolation in January.

The Times of India · Apr 25, 2023

Coronation Gives Tourism Boost, but UK Economy Still Reeling

Kelly Curto is taking her first trip outside the US, and the die-hard fan of the British royal family is making it the one at the top of her bucket list — heading to London for King Charles III's coronation. After arriving on May 5, the 44-year-old school bus driver…

Asharq Al-Awsat · Apr 25, 2023

Oil Prices Stable as Investors Ponder China Demand, Rate Hikes

Oil prices held steady on Tuesday as investors weighed strong holiday travel in China that could boost fuel demand against the prospect of rising interest rates elsewhere, slowing economic growth. Brent crude fell 3 cents to $82.70 a barrel at 0620 GMT, while US West Texas Intermediate crude also eased…

Asharq Al-Awsat · Apr 25, 2023

Stock markets today: Asia mixed ahead of US earnings

Asian stocks are mixed after Wall Street edged higher as investors awaited U.S. earnings reports and an update on economic growth

The Independent UK · Apr 25, 2023

Coronation gives tourism boost, but UK economy still reeling

The coronation of King Charles III is luring royal fans fascinated by the pageantry, spectacle and drama of the monarchy and far-flung visitors eager to experience a piece of British history

The Independent UK · Apr 25, 2023