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The Latest Breaking News from Economy

Ethiopia’s bold economic reforms target stability and growth, but they come with risks

Ethiopia’s recent macroeconomic reforms, supported by the International Monetary Fund (IMF) and the World Bank, could have profound implications for the country and the region. The key reforms include the use of a floating exchange rate system and of interest rates as a policy tool.

The Conversation

Harris' Economic Illiteracy

Plus: Taylor Lorenz scandal, Chinese economy in trouble, tax-free tips, and more...

Reason

'Black Swan' hedge funder warns a recession is coming this year—and the biggest market bubble in history will soon pop

“It’s not different this time,” Mark Spitznagel, cofounder and CIO of the private hedge fund Universa Investments, told Fortune.

Fortune

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

Equities Surge On Strong US Consumer Data

The dollar rose more than one percent against the yen after the retail sales report was released.

Latin Times

Stock Index Futures Steady After Yesterday’s Rally, U.S. Economic Data on Tap

September S&P 500 E-Mini futures (ESU24) are down -0.02%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.13% this morning, taking a breather after yesterday’s sharp gains, while investors looked ahead to U.S. consumer confidence data and comments from a Federal Reserve official.

Barchart

Kamala Harris to unveil economic plan to ban price gouging on groceries and build three million new homes

Kamala Harris will give her first major policy speech focusing on the economy today in Raleigh, North Carolina, with a focus on grocery inflation, housing and slashing prescription drug costs

The Independent UK

Stock Index Futures Tick Higher as U.S. Recession Fears Ebb

September S&P 500 E-Mini futures (ESU24) are up +0.15%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.28% this morning as growing optimism that the U.S. will avoid a recession buoyed sentiment, while investors looked ahead to U.S. consumer confidence data and comments from a Federal Reserve official.

Barchart

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China adds new clean power equivalent to UK’s entire electricity output

Data shows continued surge in wind and solar power amid hopes Chinese greenhouse gas emissions may have peaked

The Guardian - UK

Labour has been ‘played by its union paymasters’ over train driver pay, James Cleverly says – as it happened

Shadow home secretary criticises Labour handling of pay dispute as Aslef announces new strikes

The Guardian - UK

Global stock markets head for best week of 2024, as US consumer confidence rises – as it happened

Rolling coverage of the latest economic and financial news, as PwC becomes the first audit firm to be fined by the FCA

The Guardian - UK

Indonesia's leader highlights economic and infrastructure developments in his final state of nation

Indonesia’s outgoing President Joko Widodo highlighted advances in the economy and infrastructure during his final State of the Nation address

The Independent UK

EXCLUSIVE: TapSwap Founder Talks Airdrop, Value In Play-To-Earn Model, The Future Of GameFi

TapSwap is preparing for its Q3 TGE and crypto platform listing, and as its popularity continues to grow in the GameFi space, founder Naz Ventura sees a future where play-to-earn games can become key drivers of the new digital economy.

International Business Times

Harris To Unveil Plan For US Economy In Major Policy Rollout

Kamala Harris is expected to take on companies unfairly jacking up prices as she sets out her economic agenda Friday in her first major policy announcement as the Democratic Party's presidential nominee.

International Business Times

Japan stocks lift Asian market higher after US retail data boost Wall Street

Japanese stocks are leading gains in Asian markets after Wall Street close to its record heights as data showed the U.S. economy is holding up better than expected

The Independent UK

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International Business Times

Asian Markets Surge On Strong US Consumer Data

Japanese stocks surged and markets across Asia started strong on Friday, tracking substantial gains on Wall Street after encouraging US retail sales data reassured investors about the health of the world's biggest economy.

Top News

Trump's Economic Claims Raise Questions Amid Lack Of Clarity

The economy's role in the upcoming election, with Trump's claims on household costs and inflation, raises questions for voters.

Top News

Understanding The Impact Of Deflation On The Economy

Learn about the complexities of managing consumer prices for economic stability and growth.

Reason

Against "Law and Political Economy"

I have a new paper out critiquing the "Law and Political Economy" Project. The Hewlett Foundation funds the project, based at the Yale Law School, as part of its nine-figure war on "neoliberalism." As I describe in the paper, LPE's website announces that the Project "brings together a network of…

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news in one place.

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The Canberra Times

Jump in ACT energy bills as economy goes green - with more rises to come

Electricity bills to rise by more than inflation in the coming year.

Top News

Former President Trump Mispronounces VP Harris' Name In Tiktok

Former President Trump's recent TikTok video mispronouncing Vice President Harris' name while discussing the economy and promoting his economic message.

PC Gamer

Blizzard disables trading in Diablo 4 for the third time in a year, as another dupe bug wreaks havoc on its economy

Bugs so rife, you close trading thrice.

Al Jazeera

Record 39 candidates to run in Sri Lanka’s presidential election

Economy remains key issue after protesters angered by financial crisis toppled President Gotabaya Rajapaksa in 2022.

Evening Standard

OPINION - This is not a drill: Britain’s economy is flashing green

I would be the first to admit it. My stories and commentaries on the state of the British economy have not made for very cheery reading over the past two or three years. Close friends have taken to calling me the Prynn Reaper during the seemingly interminable and gruelling cost…

Top News

UK Economy Shows Strong Growth In Second Quarter

Recent data shows Britain's economy growing by 0.6% in Q2, led by the service sector, with some concerns for future growth.

Barchart

Stocks Muted Before the Open as Investors Await U.S. Economic Data and Fed Speak, Walmart Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +0.01%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.15% this morning as investors awaited a flurry of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

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People

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