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The Latest Breaking News from Economy

Abolish the Fed

A central bank is not essential to a functioning economy.

Reason

The Democrats must become an anti-establishment party

The lesson of this election is that Democrats must attack inequality – and not cede working-class voters to Trump

The Guardian - US

Businesses are still missing out on billions by not harnessing digital technology

Britain’s economy and company profits have been stifled due to poor tech uptake among UK businesses.

TechRadar

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's First Term Wasn't Fiscally Responsible. Will His Second Be Different?

Even before the pandemic spending increase, the budget deficit was approaching $1 trillion. The GOP has the chance to embrace fiscal sanity this time if they can find the political will.

Reason

Australia urged to increase climate goal after UK announces ambitious 81% reduction target

One expert says climate targets can seem abstract but matter because they serve as an ‘investment signal’ to cashed up investors

The Guardian - AU

Sanders and Warren push Democrats to fight for workers and ‘unrig’ economy

Progressive senators urge party to ‘learn the right lessons’ from election defeat and take fight to US billionaire class

The Guardian - US

Mexico Threatens Retaliatory Tariffs If Trump Follows Through With His Trade Threats

Mexican Economy Secretary Marcelo Ebrard warned that retaliatory tariffs could rekindle inflation in the U.S.

Latin Times

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Police make arrest and seize water pistol after incident outside NSW parliament – as it happened

This blog is now closed

The Guardian - AU

Jobs still bright spot despite softer employment growth

There may be cracks appearing in the labour market but it's still strong compared to pre-pandemic norms and taking a long time to unwind.

AAP

Trump Voters Hanging on Promise to Fix Economy Are in For 'Rude Shock', Top Economist Warns

Paul Krugman, a Nobel Prize winner, said that inflation helped Trump get to the White House and, ironically, his economic program is set to be inflationary

Latin Times

IMF's Gita Gopinath U.S. voters' view of inflation

The economy is strong, but voters remember increasing prices.

Fortune

Economic policies encourage the careless use of people and the planet. Creating caring economies is the answer

The United Nations Framework Convention on Climate Change includes a Gender Action Plan, adopted in 2017. The plan aims to “enhance the gender responsiveness” of climate policy and climate action. It outlines specific actions and strategies to promote gender equality and the participation of women in climate change mitigation.

The Conversation

S&P Futures Tick Lower as Key U.S. Inflation Data Looms

December S&P 500 E-Mini futures (ESZ24) are trending down -0.19% this morning as investors held back from making big bets ahead of a crucial U.S. inflation report that could influence the Federal Reserve’s interest rate path.

Barchart

S&P Futures Tread Water as Key U.S. Inflation Data Looms

December S&P 500 E-Mini futures (ESZ24) are trending down -0.09% this morning as investors held back from making big bets ahead of a crucial U.S. inflation report that could influence the Federal Reserve’s interest rate path.

Barchart

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news in one place.

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The Conversation

Jim Chalmers has provided an extra $900 million to boost productivity. But this ‘high priority’ problem is going to need an across the board effort

Productivity is the greatest structural problem in our economy, according to Treasurer Jim Chalmers. He says there is “no higher priority for reform”.

Newcastle Herald

Mile-high margaritas, cocktails adorn Virgin's revamped in-flight menu

Fresh new food options in economy and business class.

Fortune

DEI efforts are critical to the U.S. economy because 'there's not enough white men,' John Hope Bryant says

The U.S. can’t remain the leading global economy if it doesn’t let its citizens become financially stable.

Barchart

Dollar Supported by Rising T-Note Yields

The dollar index (DXY00 ) Tuesday rose by +0.47% and posted a 4-1/4 month high. Higher T-note yields Tuesday strengthened the dollar’s interest rate differentials and boosted the dollar. Comments Tuesday from Richmond Fed President Barkin supported the dollar when he said the US economy looks "pretty good." The dollar...

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news in one place.

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Fortune

A recession could create an ‘abrupt shift’ in AI adoption: ‘‘That’s when you really see the effects of automation’

During recessions companies lay people off, automate their jobs, and never hire them back.

The Guardian - UK

The Guardian view on China’s growth limits: shifting to a post-industrial economy is tough

Editorial: Beijing’s model is hitting roadblocks. It needs to move toward more home-grown spending – even if one-party politics makes that hard

The Conversation

NZ’s food manufacturers are embracing the idea of a circular economy but are slow to implement it

Around the world, the growth of industry and consumption has escalated environmental damage through increased emissions, waste and pollution from landfills.

The Conversation

The Trump presidency could hammer global growth – here’s what the UK could do

Donald Trump’s victory in the US presidential election has brought big questions about what it means for Nato, Ukraine, the Middle East and, of course, global trade. Faced with the threat of protectionism, and outside the EU, the UK will have to make some tough choices.

The Independent UK

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets

Barchart

Dollar Strengthens on Higher T-Note Yields

The dollar index (DXY00 ) today is up by +0.40% at a 4-1/4 month high. Higher T-note yields today have strengthened the dollar’s interest rate differentials and boosted the dollar. Comments today from Richmond Fed President Barkin were supportive for the dollar when he said the US economy looks "pretty...

Evening Standard

Are you in bed by midnight? Half of Londoners end nights out early because there’s nowhere to go, say stats

Damning new statistics released in partnership with YouGov show how London’s night time economy is dwindling — and house parties aren’t safe either

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People

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