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The Latest Breaking News from Economy

Why is Germany shooting its own stagnating economy in the foot?

A proposed Italian-German bank merger makes sense for Europe, but Berlin is opting for domestic protectionism, says economics commentator Simon Nixon

The Guardian - UK

NSW Govt Proposes New Noise Complaint Reforms In Another Bid To Revive Sydney Nightlife

Night-time Economy Minister John Graham said the changes will ease “friction” between venues and neighbours.

Pedestrian.tv

China To Boost Credit For Property Market, Renovate 1 Mn Homes

China said Thursday it would boost the credit available to the ailing property market and help renovate a million homes as it unveiled another round of measures to shore up the sector and try to reignite the economy.

International Business Times

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Lower Rates, Surging Stock Market Fail To Ignite US IPO Market

Public listings on Wall Street have seen a slow comeback in 2024 despite a resilient US economy, a long-awaited interest rate cut by the central bank and stock valuations hitting record highs.

International Business Times

2 Stocks to Watch for Exposure to the Green Economy

The green economy is compelling for investors due to significant growth in renewable energy, government support, and increased capital expenditure, making stocks like NextEra Energy (NEE), and Duke Energy (DUK) must-watch opportunities now. Read on.

StockNews.com

Degree requirements are holding back company profits and a roaring economy, experts say

Skills-based hiring was the talk of the town at the Fortune Most Powerful Women Summit in California this week.

Fortune

3 European Stocks to Buy as the Region Recovers

Recent data reveals that the eurozone economy has narrowly skirted a recession, showing lukewarm yet positive growth. With the EU and euro area expected to grow steadily over the next two years, investing in quality stocks like Novo Nordisk (NVO), SAP SE (SAP), and Shell plc (SHEL) could be beneficial.…

StockNews.com

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Strong labour force report dims rate cut prospects

Interest rates are unlikely to fall soon after new data showed workers are being onboarded by employers in huge numbers, reflecting a resilient jobs market.

AAP

Trump Now Suggests 2,000% Tariffs On Imported Cars

He made the comment during an interview at the Economic Club of Chicago.

International Business Times

Former President Trump Addresses Voter Concerns Ahead Of Election Day

Former President Trump addresses concerns on crime, economy, single parenting, and abortion during an exclusive town hall event.

Top News

The charm of Trump's "weave" beyond MAGA

Listen to the laughter when Trump insults the Wall St. Journal at a meeting of an Economic Club in any major city

Salon

BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt

Brian Moynihan, CEO of Bank of America, said the U.S. needs to get its “eyes and stomach in line.”

Fortune

China Set To Post Slowest Quarterly Growth This Year: Analysts

China's economy likely expanded at its slowest pace this year, according to an AFP survey ahead of data Friday, as authorities struggle to reignite consumption amid a chronic debt crisis in the property sector.

International Business Times

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The Independent UK

Trump ignores polls and says he believes immigration, not the economy, is top issue for US

Most polls show the economy is the top issue for voters ahead of November’s election day

StockNews.com

3 Healthcare Stocks That Can Thrive in Any Economy

The healthcare market shows promise due to heightened demand for quality care, technological advancements, preventive measures, and increased public investment, ensuring resilience in any economic condition. Therefore, investors could now consider top healthcare stocks, such as Eli Lilly (LLY), Merck & Co. (MRK), and Abbott Laboratories (ABT). Keep reading.

The Conversation

China’s government is about to spend big on stimulus – can it turn around the country’s sluggish economy?

China’s relentless economic growth used to be the marvel of the world. Oh, what a memory.

The Conversation

Austerity and recession: 3 simple graphs that explain New Zealand’s economic crisis

Economists working on macroeconomic policy – things like taxes and spending, interest rates and border controls on flows of trade and money – often refer to a set of key relationships governments can influence. In the textbooks, each of those relationships is drawn as a curve in a graph.

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news in one place.

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The Guardian - UK

Starmer calls it slashing ‘red tape’. In fact, he’s just capitulating to big business

Labour is promoting the idea of a trade-off between regulation and growth. We know where that ends, says Balanced Economy Project’s Nicholas Shaxson

The Guardian - AU

‘A sisterhood of the travelling pants, but with belly-support shorts’: how to ethically shop and share maternity clothes

From hand-me-downs to secondhand marketplaces, the circular fashion economy has practical, versatile and stylish options for expectant mothers

The Guardian - AU

‘I love the smell of success more than petrol’: investors break with tradition in world-leading climate campaign

Investors say climate change poses biggest risk to their assets, and urge Albanese government to see the economic dangers of a slow path to net zero

Fortune

Wall Street wants a strong economy. It also wants Fed rate cuts. The two aren’t necessarily compatible

Wall Street wants the Fed to keep cutting to a normalized rate level. It might not happen as quickly as they’d like.

Fortune

Here’s why the gap between Americans’ perception of U.S. economic performance and reality has doubled since 2019, according to economists

A vast majority of Americans report satisfaction with their economic situation. And yet, most Americans believe the economy is faring poorly.

The Conversation

South Africa’s unity government won’t dent poverty and inequality if it follows the same old policies – sociologist

A recent poll by the Social Research Foundation, a think thank, found that 60% of South Africans thought the government of national unity was working well. It also reported that support for the unity government’s anchor political parties, the African National Congress (ANC) and the Democratic Alliance (DA), had risen…

The National (Scotland)

Scotland's unemployment rate now below UK-wide figure, new data shows

UNEMPLOYMENT in Scotland has dropped in the last quarter and is now below that of the UK as a whole, the latest figures indicate ...

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