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The Latest Breaking News from Economy

Breaking 5 publishers covering this story in the last 6 hours

1h ago Environmental groups sue Trump administration over eased vehicle fuel economy rules
1h ago Everyone wants your attention. Media is changing because of it
1h ago Warning El Nino could wipe $13b from Australian economy
3h ago Hip-pocket politics is Labor’s greatest vulnerability – and red-hot anger over the latest rate rise isn’t helping
3h ago Throwback to 2011: why it feels different to the last time interest rates were this high

IMF: Saudi Arabia Reaping Benefits of Transparent Economic, Financial Policies

Saudi Arabia is reaping the fruits of success after implementing transparent economic and financial policies, good management of the coronavirus crisis and carrying out economic reforms that have led to increased job opportunities and continued improvement in living standards, revealed IMF Mission Chief for Saudi Arabia Amine Mati. The Kingdom’s…

Asharq Al-Awsat · Aug 28, 2022

It’s time for Labour to show voters that it, not the Tories, can mend the economy

Keir Starmer must show that incompetence from a tired, divided party is costing Britain dearly and offer bold solutions

The Guardian - UK · Aug 28, 2022

The United States Is Fighting Inflation With History

Fed chief Jerome Powell wants the world to understand his present decisions are guided by past traumas.

Foreign Policy · Aug 27, 2022

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Fed tackles inflation with its most diverse leadership ever

When Diane Swonk first attended the Federal Reserve’s annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women who attended the event

The Independent UK · Aug 27, 2022

Inflation and the economy: a delicate balancing act

When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman…

Bangkok Post · Aug 27, 2022

Unemployment lowest since start of outbreak

Thailand's unemployment rate in the second quarter of the year was the lowest since the pandemic broke out in early 2020, a clear sign the economy is recovering from the pandemic's impact, says a senior official of the National Economic and Social Development Council (NESDC).

Bangkok Post · Aug 26, 2022

Company profits lift but caution prevails

A majority of Australian companies have lifted profits in the August earnings season but concerns over costs and a slowing economy weigh on the outlook.

AAP · Aug 26, 2022

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Investors: Wake Up and Smell the Pain

Every article I saw today on Fed Chair Powell’s speech at Jackson Hole focused on the idea that raising rates will cause “pain” to the economy. This sparked a nasty -3.37% scalping of the S&P 500 (SPY) and having investors pondering if we are about to revisit the June lows.…

StockNews.com · Aug 26, 2022

$150B Hedge Fund Manager: Stocks May Fall 25% If Fed Keeps Raising Rates

The Federal Reserve's objective is still to bring inflation back down to a target of 2%, Fed Chair Jerome Powell said Friday at the Jackson Hole Economic Symposium.

Benzinga · Aug 26, 2022

US spending posts weak gain even as fed inflation gauge eases

U.S. consumer spending rose at a sluggish pace in July, even while Americans got some relief on prices, indicating the economy is feeling the pinch from the highest inflation in a generation.

Tribune News Service · Aug 26, 2022

The "Inflation Reduction Act" Doesn't Address Inflation Causes At All - Opting Out To Bitcoin Is The Only Way

Does opting out of fiat by replacing it with Bitcoin offer a viable alternative?

Benzinga · Aug 26, 2022

The Week Ahead: The employment paradox and its impact on perception

The job market has become the Schrödinger’s cat of the American economy.

Miami Herald · Aug 26, 2022

2022 Lexus NX 350h Review: The Affordable Fuel-Sipper

The hybrid NX has better fuel economy than any Audi or BMW alternative and is one of the most affordable luxury crossovers.

Motor1 · Aug 26, 2022

Powell: Fed could keep lifting rates sharply 'for some time'

Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades

The Independent UK · Aug 26, 2022

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Daily Mirror · Aug 26, 2022

'Backstabber' Sunak and 'clueless' Truss: What Tory members think of the leadership race

Conservative members vent anger at Rishi Sunak and Liz Truss at a hustings in Norwich as the vicious leadership race nears the finish line

Birmingham Post · Aug 26, 2022

Skills are key to our boosting the economy but we continue to ignore at our peril

Unless we do productivity will remain a issue for the economy

Asharq Al-Awsat · Aug 26, 2022

Egypt's Economy Grows 6.6 % in 21/22

Egypt's economy grew 6.6 percent during the fiscal year 2021/2022, compared to a growth rate of 3.3 percent in the previous year, announced the Minister of Planning Hala al-Said. During a cabinet meeting in New Alamein City, Said reviewed indicators of the national economy's performance during the last fiscal year.…

The Times of India · Aug 26, 2022

How China will spend $1 trillion on infrastructure to boost economy

China is pumping trillions of yuan into infrastructure investment, stimulus that could benefit the world’s second-largest economy well beyond this year’s gloom of Covid lockdowns and property market turmoil.

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Bangkok Post · Aug 26, 2022

Cambodia to issue first-ever sovereign bond worth $300m in September

PHNOM PENH: Cambodia will issue the first-ever sovereign bond worth US$300 in September, according to a news release from the Ministry of Economy and Finance on Thursday.

Bangkok Post · Aug 26, 2022

Jobless rate down in Q2 as Covid-19 curbs eased

Thailand's official unemployment rate in the second quarter dropped to its lowest since the Covid-19 pandemic began and should improve further as the economy recovers following an easing of restrictions, the National Economic and Social Development Council (NESDC) said on Friday.

The Independent UK · Aug 26, 2022

Powell's Jackson Hole speech will stir speculation on rates

When Federal Reserve Chair Jerome Powell delivers what will be his most closely scrutinized speech of the year Friday, investors and economists will be turning over his remarks for any clues about how fast the Fed may continue to raise its short-term interest rate — and for how long

ABC News · Aug 26, 2022

Ground Up initiative turns Ballarat business waste into sought-after resource

Eliza Whitburn-Weber helps businesses turn waste into valuable resources. As landfill overflows, experts say initiatives like this are the future.

Bangkok Post · Aug 25, 2022

CPN joins campaign to spur travel, the economy

SET-listed property and retail operator Central Pattana Plc (CPN) has joined hands with the Tourism Authority of Thailand (TAT) and partners from the tourism industry to boost Thailand's tourism sector and economy this year.

StockNews.com · Aug 25, 2022

3 Healthcare Stocks Wall Street Expects to Soar Nearly 200%

Substantial investments in R&D and growing demand for advanced drugs to treat chronic diseases should drive the healthcare industry’s growth. Moreover, amid the economy's uncertainties, the inelastic demand is expected to keep the sector resilient. Given this backdrop, Wall Street analysts expect healthcare stocks Ginkgo Bioworks (DNA), Zai Lab (ZLAB),…

Benzinga · Aug 25, 2022

We Are Not In A Recession And Inflation Is The Reason Why, Says Nobel Prize-Winning Economist

Richard Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Thaler researches decision-making psychology, which bridges the gap between economics and psychology, as well as behavioral finance and economics.

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