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The Latest Breaking News from Economics

Liz Truss is long gone from Downing Street – but zombie economics lives on

Labour’s panicked reaction to economic turbulence is to promise ‘ruthless’ cuts. That’s not an intelligent answer, says Guardian columnist Aditya Chakrabortty

The Guardian - UK

‘Economically dynamic India is Manmohan Singh’s legacy’: Financial Times chief economics commentator

British outlet Financial Times’ chief economics commentator Martin Wolf has termed “today’s economically dynamic India” as former prime minister Manmohan Singh’s legacy.

Newslaundry

Pound falls after weak UK factory data as US dollar rises – as it happened

Live, rolling coverage of business, economics and financial markets as 2025 starts with trepidation over new US administration’s trade policies, and global manufacturing sector struggles

The Guardian - UK

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Star Wars can teach us about the economy or as Yoda might say, ‘about economics, it can teach’

Economists may sometimes sound like they are speaking a language out of this world. But perhaps there are lessons about economics from a galaxy far, far away.

The Conversation

2024 restaurant roundup: looking back on the year’s culinary highs

There are deep wells of culinary talent across the UK, ably battling the challenging economics facing the sector

The Guardian - UK

Should You Consider Buying Uber Stock for 2025 After Its Latest Drop?

The pullback in Uber stock may present an attractive entry point for long-term investors. The company has been consistently delivering strong financials, improving unit economics, and expanding globally.

Barchart

Details revealed for Scotonomics' 2025 Festival of Economics

THE details for Scotland’s leading festival of economics has been announced – including top academics and international policymakers.

The National (Scotland)

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Guardian wins features and sports prizes at the British Journalism Awards

The Guardian won two awards for its features and sports journalism at the 2024 British Journalism Awards, including a highly commended mention in the business, finance and economics category.

The Guardian - UK

The Coalition reveals the cost of its nuclear power plan – but the devil is in the missing detail

The Coalition has released long-awaited detail on its nuclear energy policy, claiming its plan to build seven nuclear power stations would be A$263 billion cheaper than Labor’s renewables-only approach.

The Conversation

Peter Dutton says nuclear ‘will make electricity cheaper’ but critics say Coalition costings a ‘fantasy’

Opposition leader spruiks Frontier Economics modelling but Labor insists ‘it won’t pass the pub test’

The Guardian - AU

Why We Got Our Tesla Cybertruck Testers From Turo, Not Tesla

There's a weird relationship at the heart of car reviews. Dealers largely won't let us drive cars for more than an hour, and that's not enough for a review. We'd love to buy every car we drive, but anyone suggesting that's possible doesn't really understand the economics of the modern…

InsideEVs

We have to change our economy if we want to avoid environmental collapse

2024 has been another year when mainstream economics detached itself from the climate reality ...

The National (Scotland)

CSIRO refutes Coalition case nuclear is cheaper than renewable energy due to operating life

National science agency dismisses argument nuclear’s economics have not been adequately considered in new draft report

The Guardian - AU

Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November

The Guardian - UK

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Benzinga

TD Bank Group Sees Global Economy Slows In 2024; TD Economics Predicts Gradual Interest Rate Cuts Amid Cooling Inflation, Geopolitical Risks Persist. U.S. Experiences Soft Landing With 4.1% Unemployment And Fed Rate Cut To 3.25-3.50% By End Of 2025. Canada Sees Growth Boost From Population Gains, BoC Cuts Rates To 2.25-2.50% In 2025. Canadian Dollar Expected To Trade At $0.71-$0.73 U.S. Cents.

ECONOMIC SUMMARY AND OUTLOOKThe global economy remains on track for a modest slowdown in calendar 2024, as high interest rates continue to weigh on growth. Alongside slower growth, inflation across the G-7 has cooled,

AAP

Levy on foreign students could help migration woes

Increasing international student fees with a levy could be a better way to decrease migration numbers than a cap on enrolments, a top economics professor says.

The Conversation

What’s a trade war?

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

The Guardian - UK

Cop29: poorer countries are left shortchanged again

Letters: Chiara Liguori says the richest and biggest polluters must be targeted to finance the green transition, while Steve Brown says there is no sign of a transition away from fossil fuels. Plus Philippe Delacote, Tara L’Horty, Anna Creti and Andreas Kontoleon on flaws in carbon credit markets

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RideApart

Harley-Davidson Can't Afford Trump's Proposed Tariffs

As a quick economics refresher, here's how tariffs work. A company imports either a product or part of a product from a country that isn't where they're based. They cost, let's say, $20 before tariffs. The company then sells that product for $30 to the consumer, netting themselves a small profit.…

The Guardian - UK

About 20 terminally ill people in UK die in unrelieved pain each day, research finds

Office of Health Economics says it used ‘most conservative of estimates’ and ‘true number is likely to be much larger’

TechRadar

Why Cloud Economics is the answer to the AI innovation/cost conundrum

Cloud economics enables AI innovation by aligning cloud spending with business value, optimizing costs through FinOps.

Evening Standard

Cop29 president faces pressure over LSE climate academic detained in Azerbaijan

Dozens of fellow academics have called for the release of the London School of Economics professor Dr Gubad Ibadoghlu detained in Azerbaijan.

Reason

Democrats Did Themselves No Favors by Veering Hard to the Left

Economics likely spelled doom for Harris, but extreme ideology sealed her party’s fate.

The Conversation

The Serviceberry: this Indigenous understanding of nature can help us rethink economics

In the tension between ecology and economics lies an uncomfortable truth: while both words share a root in “eco” (from the Greek oikos, meaning home), our modern economies often seem to overlook the home we all share – the natural world.

The Conversation

What are tariffs?

This article is part of The Conversation’s “Business Basics” series where we ask experts to discuss key concepts in business, economics and finance.

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