The Latest Breaking News from Economy

Worried about the economy? Demand for these jobs is high and growing

Elsa Reaza was ready to leave her job when a friend suggested she apply for a housekeeping position at the Conrad, a new luxury hotel in downtown Los Angeles.

Los Angeles Times · Sep 27, 2022

A second Prime sale shows Amazon is nervous about the economy too

Holiday bargain shopping is starting extra early this year. And that could be good news for shoppers, even if it signals slightly worrisome things for the economy.

Los Angeles Times · Sep 27, 2022

Pound stabilizes but turmoil continues for UK economy

The British pound has stabilized in Asian trading after plunging to a record low, as the Bank of England and the British government try to soothe markets nervous about a volatile U.K. economy

The Independent UK · Sep 27, 2022

China growth lags Asia-Pacific for first time in decades as World Bank cuts outlook

East Asia and Pacific annual growth forecasts downgraded from 5% to 3.2% as China’s economy cools, largely due to zero-Covid policy

The Guardian - AU · Sep 27, 2022

Tuesday briefing: Three scenarios for the British economy after the pound slumps

In today’s newsletter: The Guardian’s special correspondent Heather Stewart talks us through the best, worst and most likely result of another chaotic day in the money markets

The Guardian - UK · Sep 27, 2022

Why is the British pound tanking as the US dollar soars?

Sharp fluctuations of major currencies inject new uncertainty into fraught global economic outlook.

Al Jazeera · Sep 27, 2022

Keir Starmer claims Labour is party of 'sound money' as Tories send the pound plummeting

Starmer will use his conference speech today to drive home the message that the Tories cannot be trusted to run the economy.

Daily Record · Sep 27, 2022

World Bank forecasts Thai GDP growth at 3.1% this year

Thailand's economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private consumption and exports, the World Bank said on Tuesday.

Bangkok Post · Sep 27, 2022

UK lenders start withdrawing mortgage deals as pound plummets and economy shaky

Virgin Money, Halifax and Skipton Building Society have all withdrawn mortgage products in order to assess the market collapse following the Government's mini-budget last week

Daily Mirror · Sep 27, 2022

Starmer takes aim at Tories as Labour buoyed by promising poll

The Labour leader will quote Sir Tony Blair to dub his party the ‘political wing of the British people’.

The Independent UK · Sep 26, 2022