The Latest Breaking News from Economy

US unemployment claims inched higher, but remain very low

Slightly more Americans applied for unemployment benefits last week as the labor market remains one of the healthiest parts of an uneven U.S. economy

The Independent UK · Oct 27, 2022

U.S. economy grew in third quarter, rebounding after contractions

Some underlying details — including weaker housing and decelerating consumer spending — point to an economy that's slowing.

Axios · Oct 27, 2022

‘Noticeable change’: CNN hints at jobs cuts this year

CNN has hinted at budget cuts and layoffs before the end of this year, according to the New York Times. In a memo to employees, CNN chairman Chris Licht said that concerns over the global economy had forced him to re-evaluate the company’s priorities, observing that he would make a…

Newslaundry · Oct 27, 2022

Southeast Asia digital economy slows as consumers curb spending

Growth in Southeast Asia’s internet economy is slowing after years of expansion, showing that even emerging digital markets aren’t immune to economic headwinds.

Bangkok Post · Oct 27, 2022

EXPLAINER: What's up with the Bank of Japan's unique track?

Even as the Federal Reserve and the world’s other central banks raise interest rates to try to curb inflation, the Bank of Japan has stood firm, keeping its key interest rate at minus 0.1%

The Independent UK · Oct 27, 2022

US economy likely returned to growth last quarter

The problems have hardly gone away

The Independent UK · Oct 27, 2022

The 'Experts' Were Never Going To Fix Inflation

The idea that the Fed has the knowledge necessary to control the economy with perfectly calibrated policies was always an illusion.

Reason · Oct 27, 2022

Democrats grasp for third rail in closing message focused on Social Security and Medicare

Amid signs of a growing red wave, Democrats are trying to dent the GOP's credibility on the economy.

Axios · Oct 26, 2022

You need to read this fan’s hilarious critique of Skyrim’s economy

One fan finds some hilarious Skyrim plot holes after examining the economy in the classic Bethesda RPG

USA Today Sports Media Group · Oct 26, 2022

From the economy to Rwanda, Rishi Sunak inherits a hefty in-tray

As crises and party management problems loom, PM must act soon to try to reverse Tories’ poor poll ratings

The Guardian - UK · Oct 26, 2022