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The Latest Breaking News from Economy

Politics with Michelle Grattan: Jim Chalmers flags deal on Reserve Bank’s new structure is close

Cost of living remains at the top of people’s minds as inflation stays sticky. With an election in less than a year, the government has been doing what it can to address some of the pressures. But the Reserve Bank doesn’t envisage an interest rate cut this year, and has…

The Conversation

Stocks Rise 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 +0.11%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.24% 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.

Barchart

Weekly Must-Read: Fixing China’s Trade Imbalance Needs a Home Remedy

The growing trade surplus underscores structural issues within China’s economy, which experts say can be fixed by intensified government efforts to boost domestic consumption

Caixin Global

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read the most diverse news in one place.

As the American Dream dies, Americans struggle with their billionaires

Americans are souring on the wealthy, calling them to task amidst surging inequality.

Fortune

Labour ‘putting rail passengers first’, says minister as she blames Tories for prolonging strikes – as it happened

Louise Haigh says she hopes three-year pay deal offered to train drivers will resolve strikes

The Guardian - UK

UK economy continues recovery from recession in latest figures

THE UK economy continued its recovery from recession at the end of last year as growth extended over the latest quarter, according to the latest…

The National (Scotland)

UK Growth Slows Slightly In Second Quarter

Britain's economy grew 0.6 percent in the April-June period, a slight slowdown compared with the first three months of the year, official data showed on Thursday.

International Business Times

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UK economy the fastest growing in the G7 in 2024, economists say

Experts warned the growth is unlikely to be sustained in the second half of the year

The Independent UK

British economy grew 0.6% in the second quarter of the year

It was the second consecutive quarter of GDP growth following a 0.7% advance in the first three months of 2024

Evening Standard

China's Underwhelming Data Dampens Hope Of Economic Recovery

Chinese industrial production growth slowed in July while unemployment rose, official data showed Thursday, highlighting an uneven recovery in the world's second-largest economy despite recent government measures to try to stimulate expansion.

International Business Times

UK economy continues recovery from recession with GDP growth of 0.6%

ONS data shows strong performance in second quarter with the service sector helping drive growth

The Guardian - UK

Dollar jumps as strong US retail sales ease recession fears – as it happened

US retail sales grew by 1% in July, much stronger than the 0.3% expected; UK GDP grew by by 0.6% in second quarter of 2024

The Guardian - UK

Japan's Economy Grows 3.1% In April-June Period

Japan's economy rebounds with 3.1% growth in Q2 driven by domestic demand and exports. Concerns over macro policies and upcoming leadership change.

Top News

Asian Shares Rise After U.S. Inflation Update And Japan's Growth

Asian shares rise on positive U.S. inflation data and Japan's economic growth, with markets showing gains. Japan's economy grows at 3.1% annual rate in Apr...

Top News

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The Independent UK

Asian shares trade higher after Wall Street rise and Japan GDP data show growth

Asian shares are trading mostly higher after the latest update on U.S. inflation came in almost exactly as economists expected, and data on Japan’s economy showed relatively healthy growth

The Independent UK

Trump uses rally on the economy to attack Harris and air past grievances but skips any specifics for growth

The Republican nominee was in Ashville, North Carolina, for a rally

Top News

Understanding The Impact Of Deflation On The Economy

Explore the complexities of managing consumer price inflation and the risks associated with deflation in the economy. Understand the importance of sustaina...

International Business Times

JD Vance: 'Whole Purpose Of The Postmenopausal Female' Is To Care For Grandkids

In comments resurfaced from 2020, Vice Presidential candidate JD Vance says older women are good for the economy because they provide childcare, calling it their purpose.

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news in one place.

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StockNews.com

3 Dividend Growth Stocks With Double-Digit Hikes

In times of economic uncertainty, dividend growth stocks are a smart choice because they offer stable income, inflation protection, and potential for rising dividends, which provides stability in a fluctuating economy. Therefore, investors might consider buying dividend growth stocks like Visa (V), Mastercard (MA), and Costco Wholesale (COST), with double-digit…

GamesRadar

Blizzard slams the emergency button, shuts down all Diablo 4 trading after a Season 5 dupe exploit lights the economy on fire

Trading in Diablo 4 is on hold while Blizzard investigates the dupe

The Independent UK

Kamala Harris schedule: Harris-Walz to rally at RNC arena hours before Obama’s DNC speech

Harris to appear with Biden in Maryland on Thursday, and in North Carolina to deliver remarks on the economy on Friday

Kiplinger

July CPI Report Supports September Easing: What the Experts Are Saying About Inflation

The continued downtrend in inflation raises the odds for a September rate cut from the Federal Reserve.

Reason

Charles Gasparino: 'Woke' Hypocrisy Is Hurting Businesses

The business journalist discusses his new book Go Woke, Go Broke and how CEOs accelerated corporate political activism only to regret its impact on the economy.

The Guardian - AU

The RBA and its critics claim Australia’s economy needs to be slowed down. But the data shows both are wrong

Treasurer Jim Chalmers is right to argue the economy is already slow enough

Top News

Poll: Americans Trust Harris On Honesty, Trump On Economy

Explore contrasting public perceptions of Vice President Kamala Harris and former President Trump based on a recent poll, highlighting trust, honesty, and ...

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