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The Latest Breaking News from Economy

Budget 2024: Minister reassures City that tax and spend 'guardrails' will avoid Trussonomics chaos

‘This is about bringing stability back into the economy,’ argued Treasury minister James Murray on the Government’s new fiscal rules

Evening Standard

It's The Economy, Say Voters In Swing State Nevada

Las Vegas may be America's playground but for those who live and work in Sin City, high costs make life difficult, and that single issue will be decisive when they vote for a new US president in November.

International Business Times

Alaska Airlines Passenger Claims Pet Dog Died Because He Was Forced to Move from First Class to Economy

A man has sued Alaska Airlines, alleging that his French bulldog died during a flight after he was forced to move from first class to economy.

Latin Times

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Commonwealth Games must go on beyond pared back 2026 event – Starmer

The Prime Minister said the slimmed down Glasgow Games will still greatly boost the economy.

Evening Standard

American Cryptocurrency Executive Released From Nigerian Detention

American cryptocurrency executive Tigran Gambaryan released from Nigerian detention after money laundering trial. Nigeria's crypto economy and challenges w...

Top News

23 Nobel Prize winners push for Kamala Harris, calling her a 'better steward of our economy' than Trump

Economists say that tariffs and tax cuts make Trump’s plan weaker than Harris’s.

Fortune

UK Govt Changes Budget Rules To Borrow More For Investment

UK finance minister Rachel Reeves announced Thursday changes to fiscal rules to open up billions for investment in the centre-left government's maiden budget, but warned of tax rises and spending cuts.

International Business Times

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Javier Milei's Economic Reforms Are Already Paying Off in Argentina

But local free market economists think further currency and labor reforms will get the Argentine economy recovering faster

Reason

Rachel Reeves confirms change to debt rule and warns of higher taxes ahead of Budget

Taxes and borrowing are both set to increase as Rachel Reeves signalled she would rewrite the way government debt is measured in her first Budget ...

The National (Scotland)

Budget 2024: Homeowners 'to be hit with high mortgage bills for longer' as Rachel Reeves borrows billions

The Chancellor is also set to announce a string of tax rises in the Budget on October 30

Evening Standard

Reeves confirms change to debt rule and warns of higher taxes as Budget looms

Chancellor Rachel Reeves insisted her first Budget would pave the way for improved public services and ‘rebuild our economy’.

The Independent UK

IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms

The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday

The Independent UK

If the Budget can increase the size of the economic pie then we will all be better off

A big feature of the Budget will be an increase in public investment, perhaps by around £18bn, paid for by a rise in public borrowing

Evening Standard

Proof that immigrants fuel the US economy is found in the billions they send back home

Donald Trump has vowed to deport millions of immigrants if he is elected to a second term, claiming that, among other things, foreign-born workers take jobs from others. His running mate JD Vance has echoed those anti-immigrant views.

The Conversation

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Top News

Trump Campaign Confident In Momentum Leading Up To Election Day

Trump campaign intensifies efforts with closing message on economy and border issues, leading in polls.

The Guardian - UK

No, you’re not imagining it – the UK’s 5G connection really is crap

We are lagging behind other G7 countries, but improving mobile networks could add billions to the economy, writes the author Chris Stokel-Walker

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Newcastle Herald

'No planet B': new Hunter space turns trash into treasure

The Full Circle Collective opens on Saturday October 26.

The Guardian - UK

Global economy faces ‘anxious times’, warns IMF; Reeves says stability fiscal rule will mean higher taxes – as it happened

People don’t feel good about economic prospects, admits IMF chief Kristalina Georgieva

Al Jazeera

Want to know who will win the US election? Take a look at the stock market

The S&P 500 has a strong track record of predicting the winner of US elections, but old rulebooks may no longer apply.

Latin Times

Trump Tells Latinos in Florida That Immigration Enforcement Is a Bigger Issue Than the Economy

Recent polls show Donald Trump holds a significant lead over Kamala Harris among Latino voters in Florida

The Independent UK

Reeves promises ‘reset for our economy’ as she prepares for first Budget

The Chancellor said she will make the UK ‘a rock of economic stability’.

The Independent UK

New data laws aim to ‘improve public services and boost economy by £10 billion’

The Government has introduced the Data Use and Access Bill to Parliament.

Capital & Main

Will Pennsylvania’s Economic Rebound Help Deliver the Crucial Swing State to Harris?

Despite a robust recovery and low unemployment, polling reveals a disconnect between economic reality and voter perception.

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