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The Latest Breaking News from Economy

Friday briefing: What the end of Port Talbot steelworks says about Britain’s green energy transition

In today’s newsletter: The end of coal, steel plants facing closure – how the UK is trying to build a post-fossil fuel economy

The Guardian - UK

Today, with our £22bn pledge for carbon capture, Labour’s green revolution for Britain begins

Revitalising the country’s industrial heartlands and creating decent, well-paid jobs is at the heart of our mission, says chancellor Rachel Reeves

The Guardian - UK

How will Trump’s plans to deport undocumented migrants impact US economy?

Studies show Trump policies would cause ‘significant tightening in the already-tight job market’, hurting many sectors.

Al Jazeera

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

Lebanese Economy Minister Condemns Israel's Offensive In Lebanon

Lebanese Economy Minister Amin Salam expresses grave concerns over the impact of Israel's offensive in Lebanon, highlighting the escalating proximity of at...

Top News

Nature 'taken for granted' sparks calls for change

Environmentalists, insurers and industry groups have aligned to warn Australia must address biodiversity loss to meet global promises and protect the economy.

AAP

Israel-Hamas War Causes 86-percent Dive In Gaza GDP: IMF

A year of conflict between Israel and Hamas has resulted in a "devastating impact on the economy" in the occupied West Bank and Gaza, the IMF said Thursday, including a nearly 90 percent drop in Gaza's GDP. "Preliminary official estimates indicate an 86 percent decline in GDP in the first…

International Business Times

Close to 3 Million People Could Lose Deportation Safeguards With Trump's Immigration Plan

Such a figure could have devastating effects on the U.S. economy, according to a new Bloomberg report

Latin Times

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Bumpy road as Ethiopia struggles with electric vehicle revolution

Ethiopia this year became first country in the world to ban imports of petrol and diesel vehicles – marking a dramatic shift towards electric ones. The bold move aims to boost the economy and protect the environment, but it also faces significant challenges in a nation where only half the…

Radio France Internationale

‘It used to be a farm – now it’s a mall’: how El Salvador’s crisis-hit coffee producers are trying to adapt

Coffee once drove the economy but war, migration, climate and disease crippled the industry. Now, a new generation with women at the fore is focusing on quality as the answer

The Guardian - UK

The Tories are deluded to think they’ll be back in power in 2029. Here are three economic reasons why

Labour’s squandering of its political capital has given hope to the right. But Britain’s voters want a leftwing agenda, says Guardian economics editor Larry Elliott

The Guardian - UK

‘Very serious’: Bank of England governor warns of Middle East oil shock risk

Exclusive: Andrew Bailey also hints at ‘more aggressive’ path for cutting interest rates if inflation news stays positive

The Guardian - UK

Stock market today: Asian shares are mixed and the yen slips against the dollar

Asian shares are mixed after U.S. stocks edged higher toward recent record levels

The Independent UK

Hybrid vehicles in fast lane, as petrol cars slow down

Australians are buying fewer new cars as the economy bites but hybrid vehicles are bucking the trend, sales figures have revealed.

AAP

Harris now tied with Trump on who voters think will best handle inflation

Polling by the Cook Political Report Swing State Project, released on Wednesday, shows the Democrat has closed a six-point gap on the issue, which her Republican rival led her on in August

The Independent UK

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Al Jazeera

US dockworkers press on with second day of strike, with no deal in sight

US President Biden urged for a quick deal to end the standoff, which threatens to drain billions from the US economy.

StockNews.com

3 High Dividend Yield Stocks to Boost Your Portfolio This Fall

Amid mixed economic projections, investing in high-dividend yield stocks could be ideal for investors, as they offer regular income along with capital appreciation prospects. Hence, fundamentally sound high dividend yield stocks International Seaways (INSW), Buckle (BKE), and Movado Group (MOV) could be ideal buys to boost your portfolio this fall.…

Newcastle Herald

Newcastle unveils 'innovative plan' to turn city into a 'going-out hub'

What is the future of the night time economy? That was the big question last night.

StockNews.com

3 Small-Cap Value Stocks Wall Street Loves Right Now

Small-cap stocks offer strong growth potential as they are often in the early stages of expansion. Also, these stocks tend to be undervalued, providing opportunities for investors to find hidden gems. Thus, quality small-cap value stocks Caleres (CAL), Smith & Wesson Brands (SWBI), and Ribbon Communications (RBBN) could be ideal…

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Capital & Main

Progressives Weigh In on Kamala Harris’ Economic Proposals — and Share Some of Their Own

Experts say that policies such as higher taxes on the wealthy and expanded child care are both effective and popular.

The Conversation

Sri Lanka’s new president faces uphill battle to revive debt-ridden economy

September 21 was a day of many firsts in Sri Lanka. Millions of people went to the polls to vote in the first presidential elections since mass protests forced the country’s last elected president, Gotabaya Rajapaksa, from office in 2022.

International Business Times

Port Union Workers Union President Issues Threat: 'I Will Cripple You'

International Longshoremen's Association president Harold Daggett represents 45,000 union workers.

The Guardian - AU

Plibersek’s coalmine decision is double trouble for climate and housing

The emissions impact is obvious but with full employment in construction, approving three mine extensions is saying you want workers there rather than building homes

The Guardian - UK

After the ‘Tory idol’ speeches, who most looks like a leader in waiting? Our panel passes judgment

All four have generated media headlines, but the winner will be whoever most impresses party members, at conference and at home

Top News

Global Markets React To Middle East Tensions And Economic Data

Global markets react to Middle East tensions, with European stocks rising and Asian markets mixed. Oil prices surge after Iran's missile attack on Israel. ...

Fortune

On the economy, Harris and Trump are making the same mistake

Harris and Trump are trying to reshape investment and redistribute income and economic activity to their favored sectors.

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