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The Latest Breaking News from Economy

A recession could create an ‘abrupt shift’ in AI adoption: ‘‘That’s when you really see the effects of automation’

During recessions companies lay people off, automate their jobs, and never hire them back.

Fortune

The Guardian view on China’s growth limits: shifting to a post-industrial economy is tough

Editorial: Beijing’s model is hitting roadblocks. It needs to move toward more home-grown spending – even if one-party politics makes that hard

The Guardian - UK

NZ’s food manufacturers are embracing the idea of a circular economy but are slow to implement it

Around the world, the growth of industry and consumption has escalated environmental damage through increased emissions, waste and pollution from landfills.

The Conversation

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

The Trump presidency could hammer global growth – here’s what the UK could do

Donald Trump’s victory in the US presidential election has brought big questions about what it means for Nato, Ukraine, the Middle East and, of course, global trade. Faced with the threat of protectionism, and outside the EU, the UK will have to make some tough choices.

The Conversation

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy and markets

The Independent UK

Dollar Strengthens on Higher T-Note Yields

The dollar index (DXY00 ) today is up by +0.40% at a 4-1/4 month high. Higher T-note yields today have strengthened the dollar’s interest rate differentials and boosted the dollar. Comments today from Richmond Fed President Barkin were supportive for the dollar when he said the US economy looks "pretty...

Barchart

Are you in bed by midnight? Half of Londoners end nights out early because there’s nowhere to go, say stats

Damning new statistics released in partnership with YouGov show how London’s night time economy is dwindling — and house parties aren’t safe either

Evening Standard

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‘Democrats presented no alternative’: US voters on Trump’s win and where Harris went wrong

Harris and Trump voters share their election opinions from a Guardian callout that received more than a thousand responses

The Guardian - US

Entropia Universe: the greatest MMO you might never have heard of

Find adventures and exploit the economy in an online game that’s experiencing a new dawn

PC Gamer

Trump Inherits Strong Economy, Faces Decision On Infrastructure Projects

President-elect Trump poised to lead amidst a strong economy, low unemployment, and infrastructure projects, with a focus on renewable energy and economic ...

Top News

Stock market today: Asian shares mostly decline, shrugging off Wall Street's overnight rally

Asian shares are trading mostly lower, despite a rally on Wall Street in stocks seen as benefiting the most from Donald Trump’s reelection as president

The Independent UK

Cheapest economy airfares more than doubled on some routes after collapse of Rex flights

ACCC says ticket price spike corresponds with concentration of sector and warns ‘it may be some time before a new airline emerges to compete’

The Guardian - AU

Former CIA chief Leon Panetta says Trump's economic boost contains a hidden $7 trillion threat

The ex-Secretary of Defense said Trump's policies could propel the economy but might send the national debt soaring even higher.

Fortune

Democrats should have celebrated America’s stunning economic success–but they were intimidated by progressives

The elitist Biden and Harris advisors bought into the false Trump economic narrative rather than confidently and clearly explain the actual economic facts.

Fortune

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Top News

Stocks Rise As Market Reacts To Trump's Policies

U.S. stocks surge post-Trump victory, led by Tesla and JPMorgan Chase. Market influenced by Trump's policies and global reactions.

The Conversation

The just energy transition ignores labour outside the formal economy. So is it just?

The just transition debate centres on how to move away from fossil fuels towards renewable energy systems while safeguarding working conditions, livelihoods, and economic and social rights of workers in industrial sectors.

Top News

Mass Deportations Could Impact US Economy And Job Market

Trump's immigration policies could have significant financial implications on the US economy.

The Conversation

Trump voters said they were angry about the economy – many of them had a point

Inflation has slowed down, and real incomes – typical wages adjusted for inflation – have bounced back to levels last seen before the COVID-19 pandemic.

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news in one place.

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The Guardian - UK

Far-right leaders are winning across the globe. Blaming ‘the economy’ or ‘the left-behinds’ won’t cut it

The economy matters, but the likes of Trump succeed by offering voters revenge for problems both real and imagined, says author and Salvage founder Richard Seymour

Top News

Americans Hope For Trump To Address Economy And Inflation

Americans express hopes and concerns for Trump's post-election agenda, focusing on economy, inflation, and presidential engagement.

Fortune

The great Russian butter robbery—and what it reveals about Putin’s wartime economy

The price of a butter slab has spiked 26% since December, reflecting how inflation is unraveling for the average Russian in Vladimir Putin's war economy.

The Independent UK

Trump’s tariff plan ‘doomsday scenario’ for UK economy, senior Labour figure warns

Liam Byrne, Labour chair of Commons business committee, says plans by next US President would hurt growth

Barchart

Stocks Set to Open Higher as Investors Await U.S. Inflation Data and Powell Speech

December S&P 500 E-Mini futures (ESZ24) are up +0.33%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.29% this morning as Donald Trump’s election victory continued to boost risk appetite, while investors looked ahead to U.S. inflation data, a fresh batch of corporate earnings reports, as well as remarks…

International Business Times

China's 'Singles Day' Shopping Spree In Spotlight As Spending Flags

China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding in the world's second-largest economy after recent efforts by Beijing to boost activity.

The Independent UK

The Singles' Day shopping festival loses its shine under China's lagging economy

The Singles’ Day shopping festival is looking less shiny this year as e-commerce firms look abroad for growth

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