The Latest Breaking News from Economy

S&P 500 plunges 3% in final hour of US trading: Markets wrap

Stocks sank in a widespread rout amid concern about the Federal Reserve’s ability to tame decades-high inflation without throwing the economy into a recession.

Tribune News Service · May 9, 2022

Thamanat to talk Prayut with 'G16'

The secretary-general of the Setthakij Thai Party, Thamanat Prompow, has agreed to meet representatives of small political parties over dinner in about two weeks to discuss Prime Minister Prayut Chan-o-cha's alleged mishandling of the economy.

Bangkok Post · May 9, 2022

The Tech Industry's Epic Two-Year Run Sputters

The technology industry, which powered the U.S. economy during the pandemic and grew at tremendous scale during a decade of ultralow interest rates, is confronting one of the most punishing stretches in years.

Bangkok Post · May 9, 2022

World Bank grants Lebanon $150 million food security loan

Lebanon's economy minister says the World Bank has approved a $150 million soft loan for food security in crisis-hit Lebanon to stabilize bread prices during the coming months

The Independent UK · May 9, 2022

Rishi Sunak urged to announce emergency budget as living costs spiral

British Chambers of Commerce salls for VAT cut and reversal of National Insurance hike

The Independent UK · May 9, 2022

North East business group calls for emergency budget to help hard-pressed firms

The North East Chamber of Commerce has backed calls from the British Chambers of Commerce for measures to limit price pressures and boost productivity

Birmingham Post · May 9, 2022

Which industries are leading the pandemic jobs recovery

Areas of the economy like professional services, or transportation and warehousing, have recovered any ground they lost — and then some

Axios · May 9, 2022

It’s probably still the economy, stupid - Roll Call

The burden is on Democrats to show that abortion rights can motivate their voters to the polls in the 2022 midterms.

Roll Call · May 9, 2022

Emirates issues major announcement for passengers on flights between UK and Dubai

It has expanded premium economy option to include luxurious seats, more legroom, and a service “to rival business class" of other carriers

Wales Online · May 9, 2022

Yoon faces tough challenges as new South Korean president

Former top prosecutor Yoon Suk Yeol becomes South Korea’s president on Tuesday and immediately faces a tough mix of foreign policy and domestic challenges

The Independent UK · May 9, 2022