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The Latest Breaking News from Economy

Oil prices on the rise after escalation of Middle East violence

Global benchmarks for oil prices were steadily rising on Wednesday, a day after Iran fired a barrage of missiles against Israel in retaliation for the Israeli army's offensive against Hezbollah. In this edition, FRANCE 24's Charles Pellegrin explains why this could change the trajectory of global oil prices, how the…

France 24

US VP Rivals Defend Trump And Harris In Polite Debate

The shadow of their bosses hung over the CBS debate, with Walz attacking Trump as a threat to democracy and unfit to lead America on the world stage, and Vance slamming Harris's record on the economy and illegal migration as part of President Joe Biden's administration.

International Business Times

Key economic issues Walz and Vance clashed on during their debate

The economy had a starring role in the first, and likely only, vice presidential debate of the 2024 cycle.

Fortune

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Tokyo shares fall, Hong Kong's advance as tensions escalate in the Middle East

Asian shares are mixed, with Tokyo's benchmark falling while Hong Kong's advanced despite the sharp escalation of tensions in the Middle East

The Independent UK

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

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

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The Guardian - US

‘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

Fortune

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.

The Independent UK

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

International Business Times

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.

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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.

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.

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