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The Latest Breaking News from Economy

India's election results show frustration over unequal economic growth

Indian shares plunged and the rupee tumbled after early results showed Prime Minister Narendra Modi's party winning far fewer seats than expected in the country's election, leaving it reliant on coalition partners. Billionaire Gautam Adani's business empire saw nearly $45 billion in its market value wiped off in a single…

France 24

JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style boom instead

Fortune

Young voters’ top concern isn’t abortion—they care more about finding an affordable place to live, a new survey shows

The cost of starter homes has risen twice as fast as incomes, a Redfin economist said.

Fortune

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Treasury official says budget assistance designed to help Ukraine anti-corruption efforts

Just back from a visit to Ukraine, a U.S. Treasury official is describing a country whose wartime economy has proven resilient in the face of Russia’s invasion, and he says U.S. and allied budget assistance is designed to help Ukraine combat corruption and increase transparency

The Independent UK

'Barely growing': economy limping as rate pain builds

The economy is still expanding - but only just - after households opened the purse strings for concerts and other one-off events in the March quarter.

AAP

Stocks Decline on Signs the Economy is Slowing

The S&P 500 Index ($SPX ) (SPY ) today is down -0.31%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.25%. Stocks today are moderately lower. Weakness in energy stocks weighs on the overall market,...

Barchart

Brazil Economy Picks Up As Shoppers Spend More

Brazil's economy grew 0.8 percent in the first quarter, the government said Tuesday, a rebound boosted by consumer spending which analysts say could put the central bank on guard over inflation.

International Business Times

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10 Non-Hybrid Cars With the Best MPG for 2025

While a hybrid may be a better bet if fuel economy is your top concern, they still have notable upfront price premiums over their gas-only counterparts, often in the form of more expensive trims. Case in point: Nine out of the 10 cars on the list still have a base…

Motor1

Biden warns China's economy is on the brink

"The idea that their economy is booming? Give me a break," Biden said.

Axios

Wisconsin is a key swing state this year – and has a history of being unpredictable

Voters in Wisconsin – now considered a critical swing state ahead of the 2024 presidential election – may be among the most unpredictable in the nation.

The Conversation

Conservative party manifesto: What will be Rishi Sunak’s key policies for the general election?

A guide to all the manifesto promises we could expect to see from the Conservatives before July 4

The Independent UK

John Swinney and Anas Sarwar clash in TV debate over Labour's economy plans

JOHN Swinney told Anas Sarwar that the Labour Party will “prolong austerity” as the pair clashed in last night’s STV leadership debate.

The National (Scotland)

UK election debate: what are Sunak’s and Starmer’s attack lines likely to be?

The PM will try to move the focus off the Tories’ record while his opponent attacks them over the economy and the NHS

The Guardian - UK

Improving energy supply in Pakistan could save 175,000 lives, says Unicef

As a heatwave sweeps the country increasing demand for power, a new report says a more resilient network could also contribute $300m to the economy

The Guardian - UK

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International Business Times

Asian Markets In Reverse As US Data Spark Economy Worries

Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the Federal Reserve will cut interest rates this year.

Fortune

Should you invest in cheap Boeing stock?

In an industry as essential to the economy as aerospace, any bad patch can turn into an opportunity.

Axios

The great nonpartisan divide that's plaguing Americans

This divide has persisted for years since the pandemic.

Latin Times

Immigrants play a significant role in the development of Michigan's economy, study finds

Despite accounting for 7% of Michigan's population they make up nearly 9% of the state's total spending power

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news in one place.

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Al Jazeera

Sharif’s Beijing trip: Can China-Pakistan Economic Corridor be revived?

The $62bn project, meant to resurrect Pakistan’s economy, has struggled amid attacks on Chinese workers.

The Guardian - AU

Qantas announces boarding changes aimed at avoiding chaotic economy queues

Airline calls new system, which will see passengers split into six groups, ‘the most significant change to boarding in a decade’

International Business Times UK

Bank of England Under Fire From Leader of the Campaign for Fair Finance

Is the Bank of England up to the job of managing the UK's monetary policy? The leader of The Campaign for Fair Finance Dr Roger Gewolb offered me his views of the UK's central bank.

Top News

Puerto Rico Gubernatorial Primaries: Political Status And Economy Debates

Puerto Rico's gubernatorial primaries heat up with debates on statehood, economy, and recovery efforts amidst high voter engagement.

The Guardian - UK

Immigration must be matched with investment in UK infrastructure to ease pressures

Net migration has benefits but has done nothing to address downward trend in per capita GDP

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