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The Latest Breaking News from Economy

Ghana is Africa’s largest gold producer, but it has an illegal mining issue: 5 essential reads

Ghana is one of the world’s gold hotspots. It is Africa’s largest producer of gold and it ranks sixth globally. In 2023, 4 million ounces were produced. It is essential to Ghana’s economy, contributing around 7% of gross domestic product.

The Conversation

New fear unlocked: unemployment worries grip consumers

Consumers are becoming more concerned about the sluggish economy and what this could mean for jobs, with cost-of-living becoming a lower order worry.

AAP

Asian Markets Battle To Match Wall Street Rally Ahead Of US Inflation

Asian markets mostly rose Tuesday after a rally on Wall Street as traders try to assess the outlook for US interest rates following last week's disappointing jobs report, with focus on the release of key inflation data.

International Business Times

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The Best Consumer Discretionary Stocks to Buy

Consumer discretionary stocks are a bet on the broader economy. How do investors narrow the field to find the best ones to buy?

Kiplinger

2 Data Center REITs Capitalizing on the Digital Economy

Investing in Data Center REITs is advantageous due to the rising demand for digital infrastructure, cloud services and AI. They offer stability with high occupancy rates and diverse revenue streams, making strong data center REITs such as Iron Mountain (IRM) and Equinix (EQIX) ideal for long-term growth. Read on.

StockNews.com

New Polling Shows Tight Race Ahead Of Debate

Upcoming debate pivotal as Trump and Harris in tight race, economy key concern for voters.

Top News

High expectations as Algeria's President Tebboune begins new mandate

Since winning Algeria's election with nearly 95 percent of the vote on Saturday, incumbent President Abdelmadjid Tebboune now faces numerous economic challenges and social demands. But analysts and activists are concerned that the repression of human rights observed under his watch will continue.

Radio France Internationale

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Affordability Crisis Impacting Economy: Congresswoman Clark Addresses Concerns

Congresswoman Katherine Clark discusses the affordability crisis, focusing on childcare and social security issues in the country.

Top News

Mario Draghi has solutions for Europe's sluggish economy. Will EU governments listen?

A long-awaited report on how to rescue Europe’s economy from weak growth and red tape is in

The Independent UK

EU ‘needs €800bn-a-year spending boost to avert agonising decline’

Report by Mario Draghi calls for additional investment to regain growth and prevent social unrest

The Guardian - UK

Europe needs ‘massive’ investment drive to catch global competitors: Report

Ex-ECB chief Mario Draghi’s report says Europe’s economy faces ‘existential challenge’ to catch up with the US, China.

Al Jazeera

Japan's Economy Grows At 2.9% Annual Rate In Q2

Japan's economy grew at 2.9% in Q2 driven by wages and spending, but faces risks from the U.S. economy and political uncertainty.

Top News

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

September S&P 500 E-Mini futures (ESU24) are up +0.74%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.95% this morning, partially rebounding from Friday’s losses driven by weaker-than-expected U.S. payroll numbers, while investors looked ahead to the release of U.S. inflation data later in the week.

Barchart

Harris wins the debate with 5 answers

What Kamala Harris will have to say to win the debate

Salon

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Top News

US Economy Faces Fragility Amid Rate Cut Speculation

Explore the impact of the economy on the upcoming U.S. presidential debate, with a focus on market trends, job market weaknesses, and potential Fed rate cuts.

The Guardian - UK

Mario Draghi warns EU at risk without €800bn a year investment boost; Germany ‘facing three-quarters-long recession’– as it happened

‘For the first time since the cold war we must genuinely fear for our self-preservation,’ warns former ECB chief as he presents new report on European competitiveness

The Independent UK

Asian markets dip after Wall Street had its worst week in nearly 18 months

Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy

International Business Times

China Consumer Prices Edge Up To Six-month High In August

Chinese consumer inflation ticked up slightly in August to a six-month high, official data showed Monday, but the reading missed expectations and did little to soothe worries about sluggish spending in the world's number two economy.

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International Business Times

Asian Markets Tumble As US Jobs Data Stoke Recession Fears

Asian markets tumbled Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in the world's top economy.

The Independent UK

Japan's economy is growing, but political uncertainty is among the risks

Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending

Fortune

China laments ‘garbage time of history’ as economy comes off peak and growth model hits dead end, expert says

“The financial system itself is now constraining China’s economic growth rather than facilitating it.”

Salon

What vibes? Trump economy was a mess

Trump's outrageous claims must not stand — Democrats have been far better at managing the economy since FDR

The Guardian - UK

Online gambling industry has negative impact on UK economy, says thinktank

Campaign for Fairer Gambling report claims betting ‘had the effect of reducing economic activity by £1.3bn per year’

AAP

Treasurer backs inflation target, despite rates risk

Jim Chalmers has acknowledged there's tension between fiscal and monetary policy, but argues the government and the central bank have the same objective.

The Guardian - AU

Despite all the doom and gloom on Australia’s economy, could the worst be behind us?

We hear about the ‘weakest growth in decades’ and being ‘smashed’ by the RBA, but positive tidings abound – if you want to look for them

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