The Latest Breaking News from Economy

Boris Johnson wants tax cuts – but can he deliver them in time?

PM must act quickly as economy and household finances worsen, but Treasury is not sympathetic

The Guardian - UK · Jun 10, 2022

June Fed meeting preview: Brace for fastest rate hikes since 1994 to battle too-high inflation

Economists like to say interest rates take the elevator down and the staircase back up. The metaphor highlights just how swiftly the Federal Reserve slashes borrowing costs during economic crises — and how gradually the Fed lifts rates when the economy is healing.

Tribune News Service · Jun 10, 2022

How the pandemic and the economy have turned the car market on its head

The lot at the new Hello Mazda of San Diego dealership in the city's Kearny Mesa neighborhood is a microcosm of all the unpredictable things that have upended the car market.

Tribune News Service · Jun 10, 2022

‘Real estate may see huge investments’

Market experts have reacted to the RBI repo rate revision.

The Hindu · Jun 10, 2022

Market slide as US inflation hits 8.6%; UK families cut back on food – as it happened

Rolling coverage of the latest economic and financial news, as US consumer prices rise at their fastest pace since 1981

The Guardian - UK · Jun 10, 2022

China's Xi backs zero-COVID policy as Shanghai expands mass testing

President Xi Jinping said China must stick "unswervingly" to its zero-Covid strategy, as more than half of Shanghai's 25 million lockdown-weary residents gird Friday for a weekend virus testing drive. China is the last major economy still pursuing a policy of stamping out all outbreaks, wielding snap lockdowns, mass testing…

Asharq Al-Awsat · Jun 10, 2022

Aberdeen's green freeport bid unveiled

Proposals claim an ability to create 30,000 jobs and £7.5bn of gross value added to the local economy

Insider UK · Jun 9, 2022

City Council urged to create guaranteed income program for Black men

The idea is that such a program, paying $600 to $800 a month, would remove some men from the streets, thereby reducing their dependence on an illegal economy driven by the drug trade.

Chicago Sun-Times · Jun 9, 2022

Colorado Town Contemplates New Name: "Kush" In Effort To Stimulate Local Economy

Benzinga recently reported that cannabis tourism was a $17 billion industry. Now, Moffat, population 120, is aiming to cash in this opportunity.

Benzinga · Jun 9, 2022

Mum shares handy trick to turn economy seats on flight into comfy bed for her kids

Adele Barbaro has anxieties about her children's comfort on a long-haul flight from Melbourne to Los Angeles.

Daily Record · Jun 9, 2022