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The Latest Breaking News from Economy

Breaking Live 3 publishers covering this story in the last 6 hours

16m ago Danger zone: why war in the Middle East has landed the RBA’s inflation fight in tricky territory
3h ago RBA lifts rates to highest level in 15 years – risking a sharper slowdown of the economy
5h ago ‘It keeps growing’: the tent camp that stands against Spain’s housing crisis

One of legendary Fed Chair Alan Greenspan’s favorite economic indicators was men’s underwear—and things could be looking up

Details buried in the consumer price index could hint at what’s in store for the U.S. economy.

Fortune · Feb 15, 2023

2 Stocks to Help You Sail Through This Volatile Market

Although favorable macro data rekindled investor optimism, the Fed’s intention of raising rates to tame stubbornly high inflation could possibly tip the economy into recession. With anxiety escalating, it would be wise to add quality stocks Johnson & Johnson (JNJ) and Bristol-Myers Squibb (BMY) to your portfolio to sail through…

StockNews.com · Feb 15, 2023

Sacha Lord says government has 'failed businesses' as new report shows UK has lost ‘billions’ from the hospitality industry

Industry leaders are calling for an urgent reduction in VAT

Manchester Evening News · Feb 15, 2023

From analysis to the latest developments in health,
read the most diverse news in one place.

Lynn Schmidt: Want to succeed in life? Marriage could be the key

Around Valentine’s Day, love is certainly in the air. Society would surely benefit if marriage was in the atmosphere too. Compelling data shows that strong families, which include married parents, make for safer communities and a more robust economy.

St. Louis Post-Dispatch · Feb 15, 2023

The horrors behind the mining industry that powers your life

"Cobalt Red: How the Blood of the Congo Powers Our Lives" by Siddharth Kara; St. Martin’s (288 pages, $30)

Los Angeles Times · Feb 15, 2023

Yemen, UAE Discuss Deterring Houthis, Efforts to Implement Donor Pledges

Yemeni Prime Minister Maeen Abdulmalik intensified his meetings on the sidelines of the World Government Summit in Dubai to coordinate efforts to deter attacked by the Iran-backed Houthi militias on oil ports and launch donor pledges to complete projects and support the economy. Abdulmalik met with UAE President Sheikh Mohamed…

Asharq Al-Awsat · Feb 15, 2023

Workers could be denied sick notes in bid to boost economy

Government concerned by rise in long-term sickness since pandemic

The Independent UK · Feb 15, 2023

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War in Ukraine at 1 year: Pain, resilience in global economy

One year after Russia invaded Ukraine on Feb. 24, 2022, the global economy is still enduring the consequences — crunched supplies of grain, fertilizer and energy along with more inflation and economic uncertainty in a world already contending with too much of both

The Independent UK · Feb 15, 2023

Australia’s banks are not a source of economic dynamism but a drag on our economic and social welfare

The financial sector is not contributing as much to the national economy as it takes out

The Guardian - AU · Feb 15, 2023

Silicon Valley stays sturdy despite 'gloom and doom' of tech layoffs: report

SAN JOSE, California — Silicon Valley’s economy and job markets remain sturdy despite being jolted by a steady drumbeat of Bay Area layoffs orchestrated by tech and biotech companies, a new report released Tuesday states.

Tribune News Service · Feb 14, 2023

Inflation may stick around for a decade because of millennial and Gen Z spending

Will young Americans' spending habits be what causes inflation to stick around longer?

Fortune · Feb 14, 2023

EU Parliament votes to ban petrol, diesel cars from 2035

The European Parliament has given its’ green light to a plan to halt sales of petrol and diesel cars from 2035. It is a crucial part of the bloc's plan to become a "climate neutral" economy by 2050. Also in the show: US inflation remains hotter than expected, putting pressure…

France 24 · Feb 14, 2023

China’s Video Game Industry Posts First Drop in Five Years

Sales shrink 10.3% to $39 billion as pandemic impedes new product development and slowing economy weighs on demand

Caixin Global · Feb 14, 2023

A look ahead at ESG in 2023

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 · Feb 14, 2023

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ABC News · Feb 14, 2023

Million households 'vulnerable' to rising interest rates, and their cuts could cause recession

A prominent economist now puts the risk of recession at 50 per cent, as households face the prospect of making substantial spending cuts to meet rising home loan repayments.

Daily Mirror · Feb 14, 2023

Pubs and nightclubs on brink of collapse as Covid 'bounce back' wiped out

A new report on the night time economy - which also looks at how music venues, theatres and cinemas are faring - found that most are in "survival" rather than "thrive" mode amid calls for VAT to be cut in the upcoming Budget

Asharq Al-Awsat · Feb 14, 2023

Iranian President Begins Visit to China

Iranian President Ebrahim Raisi arrived in China on Tuesday for a three-day visit, flanked by a large delegation including his central bank chief and ministers for trade, the economy and oil. Raisi will hold talks with his Chinese counterpart Xi Jinping in the capital Beijing, with the pair expected to…

The New Daily · Feb 14, 2023

Watch: Rates pressure, Queensland’s wild weather, Complaint hearing continues

Watch: There are fresh fears that the mortgage cliff facing many Australians could punch a $20b hole in the economy. High-profile Australian neurosurgeon

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Al Jazeera · Feb 14, 2023

Japan’s economy rebounds less than expected amid COVID recovery

Asia’s second-largest economy grows 0.2 percent during the October-December period, falling short of expectations.

The Independent UK · Feb 14, 2023

Japan manages growth in final quarter as tourism returns

The Japanese economy grew at an annual pace of 0.6% in October-December, managing to eke out growth after a quarter of slowdown

AAP · Feb 13, 2023

Consumer confidence plummets as cash rate lifts

The latest cash rate hike has mortgage holders worried as consumer confidence plunges to its lowest level since April 2020.

Bangkok Post · Feb 13, 2023

Krungsri, SCCC launch green initiative

Bank of Ayudhya, under the marketing name Krungsri, has joined hands with Siam City Cement (SCCC) to move towards zero food waste in order to reduce greenhouse gases and promote the circular economy.

ABC News · Feb 13, 2023

China's economy is recovering — is that a good thing for Australians faced with surging prices?

China's rebounding economy is set to have ramifications for Australia — both good and bad — and could exacerbate our cost-of-living issues.

ABC News · Feb 13, 2023

Middle-income families hit hard by inflation, interest rates could sink the economy

As interest rates rise and other cost-of-living pressures increase, middle-income households that had been living comfortably are pulling back on spending, which has big implications for the economy.

Radio France Internationale · Feb 13, 2023

European Union increases growth forecast as eurozone dodges recession

Europe's economy will grow more than previously forecast this year as it avoids a winter recession, with inflation expected to ease and gas prices continue to fall.

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