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The Latest Breaking News from Economy

Finding a job in Ireland is easy. Finding a place to live is the hard bit

Dublin does not seem a fair city to those who move there to work but can’t afford a home. Ireland’s coalition government says it is acting on housebuilding, but bosses and staff say it must try harder

The Guardian - UK

Gina Rinehart retains top spot on rich list as 200 wealthiest Australians see fortunes grow by 11%

Technology figures including Afterpay founders rise up AFR rich list rankings, reflecting ‘changing nature’ of Australian economy

The Guardian - AU

India's Economic Growth Under Modi's Leadership

Narendra Modi's leadership in India has brought economic growth but challenges persist. The upcoming election will be crucial in addressing these complex i...

Top News

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Inflation cooldown incoming for U.S. economy

Yes, but: New data also showed a gloomier snapshot of the American consumer.

Axios

OPINION - Have you noticed how aeroplane loos are getting smaller? This is why

It is not just you. Aeroplane toilets really are getting smaller. Some of the great engineering minds of our time appear to have shifted from designing jaw-dropping dams and spectacular suspension bridges to shaving a couple of inches off an already “tight” bathroom. But in the air, that is valuable…

Evening Standard

Don’t take the Mickey: Why creative degrees need more respect from Tory 'big cheeses'

City Voices: Let’s not demonise “Mickey Mouse” degrees

Evening Standard

S&P Futures Tick Higher After Key U.S. Inflation Data is Released

June S&P 500 E-Mini futures (ESM24) are up +0.26% this morning after the release of the Fed’s first-line inflation gauge.

Barchart

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Americans' economic confidence keeps declining, with seven in ten saying things are getting worse

A new edition of a Gallup index shows a second decline in a row despite "somewhat positive economic news"

Latin Times

Does the US have a planned economy? You might be surprised

During the Cold War, a heated debate arose over the role of economic planning. Did the “planned” economy of the USSR or the “free market” economy of the U.S. allocate resources more productively?

The Conversation

Bank of America CEO Brian Moynihan says both consumers and businesses are ‘slowing things down’—in fact, they’re acting like its 2016, a period of ‘very low growth’

"We gotta keep the consumer in the game in the U.S. economy because it's such a big part of it."

Fortune

We are entrusted with the pensions of 4.7 million American workers. We must ask private equity firms the hard questions—even if they don’t like it

The two major unions representing millions of teachers and construction workers invest in private equity—and want to hold it accountable.

Fortune

London set to net £53million as fans descend on capital for Champions League final spending spree

Economists calculate significant boost to the city’s economy as tens of thousands of fans descend on London for European club football showpiece

Evening Standard

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

June S&P 500 E-Mini futures (ESM24) are trending down -0.20% this morning as market participants refrained from making big bets ahead of the release of the Fed’s first-line inflation gauge.

Barchart

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

June S&P 500 E-Mini futures (ESM24) are trending down -0.13% this morning as market participants refrained from making big bets ahead of the release of the Fed’s first-line inflation gauge.

Barchart

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The Conversation

Why do we need a Net Zero Economy Authority? And how can it fulfil its promise?

To support its climate agenda, the Albanese government is building new institutions. One of the most important will be the Net Zero Economy Authority. The proposed laws to create this authority are currently before the Senate.

The Independent UK

Stock market today: Asian shares shrug off latest Wall St rout as Chinese factory activity weakens.

Asian shares are higher as investors shrug off yet another decline on Wall Street

The Guardian - UK

Is Rishi Sunak facing a repeat of John Major’s 1997 landslide defeat?

The two Tory PMs both told voters the economy had turned a corner – but there is little comparison now with 27 years ago

The Independent UK

China factory indicator falls in May, suggesting growth has faltered

An official survey shows that factory activity in China slowed more than expected in May, suggesting further pressure on an economy already burdened by a prolonged crisis in the property industry

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International Business Times

Flood-hit Brazil Businesses Count Losses, Look To Future

The thriving economy of southern Brazil has been brought to its knees by historic floods, with vast agricultural land unusable and factories paralyzed.

International Business Times

Donald Trump: Realtor, Showman, President, Criminal

Donald Trump once boasted "When you're a star, they let you do it. Despite the sounds and the fury of four years of tweeting, he got some things done -- Republicans boast that the economy was better back then, and he at least started the border wall he had pledged…

Top News

US Economy Grows At Sluggish 1.3% Rate In Q1

Explore the impact of slow GDP growth, high inflation, and uncertain future projections on the U.S. economy in Q1 2022.

International Business Times

Africa Economic Growth Not Enough To Tackle Poverty: AfDB

Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.

International Business Times

Fresh Economic Data Raises Questions About Fed Rate Cuts

The U.S. economy received some mixed news from fresh data released Thursday, including slight changes in inflation rates, jobless claims and gross domestic product (GDP).

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