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The Latest Breaking News from Economy

Wholesale Prices Clear The Way For Fed Rate Cuts

The U.S. economy appears to have cleared the final hurdle for the Federal Reserve to reduce interest rates next week with Thursday's data showing wholesale prices on target with projections.

International Business Times

The Palestinian economy is in free fall and will require billions to rebuild, the UN says

The Palestinian economy is “in free fall,” with production in Gaza plunging to one-sixth of its level before Israeli forces began a blistering military response to the Oct. 7 attacks in the territory, the United Nations says

The Independent UK

Biden-Harris Administration Faces Criticism Over Handling Of Economy

Debates on the economy under Biden-Harris administration, focusing on inflation, energy policies, and upcoming elections. Find out more about the impact on...

Top News

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Harris Campaign Co-Chair Discusses Economic Challenges And Progress

Democratic Senator Chris Coons discusses the economy's impact on the election, highlighting progress under Biden-Harris and the importance of effectively c...

Top News

ECB Cuts Benchmark Rate To Support Tepid Growth

ECB cuts benchmark interest rate to stimulate Eurozone economy and prevent deflation.

Top News

How the west is foiling Russia’s attempts to use the Arctic in the Ukraine war

Things are not exactly going to plan for Moscow in the Arctic – an area that is a strategic military region for Russia and has significant economic potential that could help Russia in propping up its war economy. Yet, a combination of Ukrainian military capabilities, western pushback and the pressure…

The Conversation

Russia Faces Stagflation Threat As Growth Slows

Prices for bread have jumped so much over the last few years that Russian pensioner Oleg Ivanovich sometimes has to go without.

International Business Times

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Understanding risks for Australia of China’s slowing economy is Chalmers’ top priority at upcoming Beijing talks

When Treasurer Jim Chalmers travels to Beijing later this month, he and his counterpart at China’s peak economic agency, the National Development and Reform Commission, won’t be short on important topics to discuss.

The Conversation

Living in Virginia Beach, VA: What To Know

Moving to a new city is always a big decision, and choosing the right place to call home involves a lot of research. If Virginia Beach, VA, has caught your eye, you’re in for a treat.

inkl

Mixed August CPI Report Seals September Rate Cut: What the Experts Are Saying

A good-but-not great reading on consumer inflation sets up the Fed to reduce rates by a quarter-point at its next meeting.

Kiplinger

Exporting hydrogen to Europe ‘will be gamechanger’ for Scottish economy – minister

PLANS to export hydrogen to Europe will be a “gamechanger” for the Scottish economy, according to the Scottish Government’s acting Net Zero…

The National (Scotland)

UK Economy Stalls, Dealing Blow To New Government

Britain's economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list.

International Business Times

Automate or Educate? The High-Stakes Choice Facing Our Next President

As the 2024 election heats up, one thing should be clear to every candidate: the future of our economy depends on our approach to jobs and our workforce. Period.

International Business Times

Rachel Reeves warned tax rises could damage growth as economy flatlines for second month in a row

Chancellor says that change will not happen ‘overnight’ after latest disappointing economic figures

The Independent UK

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Latin Times

Markets Mixed Ahead Of US Inflation, Yen Rallies After US Debate

The Japanese unit was also boosted by bets on a Kamala Harris presidency after she was considered to have come out on top in her US presidential debate with Donald Trump and superstar Taylor Swift endorsed her.

Fortune

Ireland’s €13B Apple windfall adds to the existential crisis for its economy

The Irish government has billions to splurge on investments, but no one can agree on where to put it.

Top News

US Inflation Hits Three-Year Low, Fed Expected To Cut Rates

US inflation at a three-year low, potential Fed rate cuts. Gas prices decline, wage growth moderates, impacting economy and presidential race.

Fortune

China is no longer the 'undisputed leader' in attracting foreign investment as European companies look elsewhere

The European Chamber of Commerce in China says India, Indonesia and even smaller countries like Malaysia now compete with world's second largest economy.

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France 24

Trump, Harris clash on trade and tariff policies during debate

During Tuesday's US presidential debate, Vice President Kamala Harris and former president Donald Trump clashed over their plans on foreign trade. In this edition, we take a look at what both of them are advocating when it comes to applying import duties and countering China. Plus, FRANCE 24's Eliza Herbert…

The National (Scotland)

UK economy flatlines in July for second month running

THE UK economy flatlined in July for the second month in a row, according to the latest official figures, as the Chancellor said she is “under no…

Roll Call

Fact-checking the Harris-Trump debate - Roll Call

FactCheck.org analyzes Kamala Harris and Donald Trump debating each other on the economy, taxes, immigration and abortion.

Evening Standard

Summer of sport saves GDP from a surprise slump in July as economy stalls

Flatlining economy in the month Labour came to power is a disappointing backdrop to preparations for key Budget in October

The Independent UK

Economy flatlines as UK sees no growth for second month in a row

Chancellor Rachel Reeves said she is under no illusion about the scale of the challenge for Labour

The Guardian - UK

UK economy unexpectedly flatlines for second month in row

Pre-election slowdown continues in July despite economists predicting growth of 0.2%

The Guardian - UK

US inflation cools to 2.5%, its lowest since February 2021 – as it happened

UK government’s £500m taxpayer-backed deal for steelworks secures long-term future of Port Talbot but unable to secure guarantees to save 2,500 jobs

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