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The Latest Breaking News from Economy

Palestinians in West Bank risk crossing Israel's separation barrier to flee failing economy

A year of war in the Gaza Strip has reverberated across the West Bank, where the World Bank warns the economy is at risk of collapse because of Israeli restrictions barring Palestinian laborers from entering the country to work and the biggest wave of violence in decades

The Independent UK

From Immigration to the Economy, Vance and Walz Spar on Key Issues During an Unexpectedly Civil VP Debate

Minnesota Gov. Tim Walz and Ohio Sen. JD Vance took the stage Tuesday night for the only VP debate of the season, Here's what you should know.

Latin Times

Dockworkers Strike Threatens US Economy Progress

Economists express concerns over potential impact of dockworkers strike on US economy. Analysis suggests strike could drag GDP growth by .5-7.5 billion p...

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Ross Raisin’s Ghost Kitchen wins 2024 BBC national short story award with dark gig economy tale – read it here

Raisin takes £15,000 prize with ‘a brilliantly rendered glimpse into life in the edge-lands’

The Guardian - UK

3 European Stocks to Watch as the EU Economy Strengthens

With inflation dropping to 2.2% in August 2024 and the potential for further interest rate cuts on the horizon, European markets could become more attractive as growth picks up. Thus, one could consider keeping an eye on fundamentally sound European stocks like Novartis (NVS), Unilever (UL), and Siemens Aktiengesellschaft (SIEGY).…

StockNews.com

Potential Strike At Major Ports Threatens Supply Chain Stability

Potential strike at major US ports could lead to shortages and price increases, impacting the economy and consumers.

Top News

North Carolina Presidential Polls Show Tight Race Between Trump And Harris

Poll of Polls in North Carolina reveals close race between Trump and Harris, with key voter concerns being democracy, economy, and crime.

Top News

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Tim Walz’s midwestern charm boosts Harris – can he help sell her economic vision?

Walz takes on fellow midwesterner JD Vance ahead on popularity, but the economy remains the critical issue

The Guardian - US

The crypto market right now is a fake boom economy built on VC money and parties

Kavita Gupta is the founder and managing partner of Delta Blockchain Fund.

Fortune

US Dockworkers Launch Mass Strike Month Before Election

Tens of thousands of workers at major ports on the US East and Gulf Coasts went on strike Tuesday in action that could drag on the world's largest economy just ahead of the November presidential election.

International Business Times

‘This man is everything’: how devoted Trump supporters took over the Republican party in a Michigan city

Some Republicans question what they see as the local Saginaw party’s obsessive focus on conspiracy theories

The Guardian - US

U.S. economy is on the cusp of another Roaring ’20s, says UBS

"By early 2025 only the most pessimistic investors will need rose-colored glasses to see a clear path to a Roaring ’20s outcome," a UBS analyst says.

Fortune

Inflation in Europe falls below 2% and opens the way for faster rate cuts

Inflation in the 20 countries that use the euro fell to 1.8% in September, below the European Central Bank’s target of 2% for the first time in more than three years

The Independent UK

UAE Oil Giant ADNOC Swoops On German Chemicals Firm Covestro

German chemicals group Covestro said Tuesday it had accepted a takeover bid from UAE state energy company ADNOC, as one of the key sectors in Europe's largest economy is gripped by crisis.

International Business Times

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Latin Times

Harris Leads Trump Among Latino Voters, But Figures Remain Low Compared to Past Cycles, Poll Shows

Vice President Harris is losing ground among Latinos as the electorate trusts Trump more to handle the economy and the rising cost of living

Top News

Japan's Business Sentiment Holds Steady Amid Economic Growth

Japan's economy shows resilience with stable business sentiment and positive indicators amidst cautious monetary policy.

Top News

Trump Campaigns In Critical Wisconsin Counties Ahead Of Debate

Former President Trump strategically campaigns in Wisconsin targeting Democratic strongholds and key battleground areas, focusing on the economy and immigr...

International Business Times

With Bulging In-tray, Ishiba To Become Japan PM

Shigeru Ishiba was set Tuesday to become Japanese prime minister, seeking to restore the ruling party's popularity and tackle a demographic crisis, a lacklustre economy and fears over China's military build-up.

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International Business Times

US Port Officials Gird For Strike As Labor Talks Stay Stuck

Officials at 14 ports along the US East and Gulf coasts were making last-minute preparations on Monday for a likely labor strike that could drag on the US economy just ahead of a presidential election.

Kiplinger

China's Economy Faces Darkening Outlook

What the slowdown in China means for U.S. businesses.

International Business Times

US Fed Chair Sees 'Further Disinflation' In Economy

The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell said Monday, with interest rates likely to come down over time, too.

The Independent UK

Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming

Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed would depend on the evolution of the economy

Top News

Potential Dockworkers Strike Threatens U.S. Ports And Supply Chains

Potential strike by 45,000 dockworkers could disrupt US ports, impacting supply chain and economy.

The Conversation

Israeli invasion could push an already unstable Lebanon over the edge into total state collapse

The Israeli invasion of Lebanon has begun – and there are reports of heavy fighting between units of the Israel Defense Forces and Hezbollah in south Lebanon, accompanied by airstrikes and shelling of Hezbollah positions.

The Conversation

Azerbaijan is using Cop29 to ‘peacewash’ its global image

Azerbaijan is hosting the next UN climate summit, Cop29, in November. Their proposed agenda omits discussions on phasing out fossil fuels and excludes civil society participation. This is not a surprise. Azerbaijan has recently increased oil and gas production, and aims to diversify its economy by expanding mining.

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