The Latest Breaking News from Economy

UK will face worse inflation than other major economies, says Bank governor

Andrew Bailey said inflation would persist for longer than previously expected as petrol prices soar

The Guardian - UK · Jun 29, 2022

Economic View Of The Australian Dollar

As fears that a recession is just around the corner for the US, some economists are warning that Australia could follow suit.  Some, however, remain bullish on the Australian economy due to high household savings, strong commodity exports, accommodative government stimulus and a robust pipeline of residential building constructions. 

Benzinga · Jun 29, 2022

Women on TikTok plan purchasing boycott in protest of Roe v Wade reversal: ‘No buy July’

‘Biggest protest is disrupting the economy’

The Independent UK · Jun 29, 2022

Sudan’s economy dominated by military interests: Report

C4ADS report says crackdown on patronage networks was a contributing factor to last October’s coup.

Al Jazeera · Jun 29, 2022

Xi is finally leaving mainland China after 893 days at home

President Xi Jinping is set to finally leave mainland China after 893 days at home, even as he still trumpets a COVID zero policy that has isolated the world’s No. 2 economy diplomatically amid rising geopolitical tensions.

Tribune News Service · Jun 29, 2022

Analysis-Tunisia's Saied poised for more power but economy crumbles

President Kais Saied looks on course to tighten his grip on Tunisia through a constitutional referendum in July, but it could prove to be a poisoned chalice as the economy sinks deeper into crisis and opposition to his rule widens.

Reuters · Jun 29, 2022

Why U.S. Stocks Are Trading Higher, GDP Report And More

U.S. stocks traded higher this morning, with the Dow Jones gaining around 180 points on Wednesday.

Benzinga · Jun 29, 2022

Reform needed for towns and small cities to benefit from full 5G – new research

The report warns that the difference between an attractive and an unattractive investment environment is worth £7bn per year to the UK economy by 2030

Wales Online · Jun 29, 2022

US economy slipped 1.6% to start year; return to growth eyed

The U.S. economy shrank at a 1.6% annual pace in the first three months of the year even though consumers and businesses kept spending at a healthy pace, the government reported Wednesday in a slight downgrade from its previous estimate for January-March quarter

The Independent UK · Jun 29, 2022

Discounts coming: We have too much stuff

Wholesale and retail stockpiles continue to mount just as demand seems to be slowing.

Axios · Jun 29, 2022