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The Latest Breaking News from Economy

Stock Index Futures Inch Higher Ahead of U.S. Economic Data, Nvidia Earnings Awaited

September S&P 500 E-Mini futures (ESU24) are up +0.14%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.28% this morning, rebounding slightly from Monday’s tech-driven losses on Wall Street, while investors awaited a fresh batch of U.S. economic data and braced for Nvidia’s financial report due on Wednesday.

Barchart

Pound hits two-year high against US dollar; White House ‘pressured’ Facebook on Covid-19 content – as it happened

Live coverage of business, economics and financial markets as Federal Reserve rate cuts drive US dollar lower

The Guardian - UK

Peter Dutton dismisses Labor’s ‘divisive’ tag as a smokescreen to divert attention from economy

Treasurer’s speech criticised opposition leader for devoting past two weeks of parliamentary sittings to condemning the issuing of visas to people from Gaza

The Guardian - AU

From analysis to the latest developments in health,
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Is EV Manufacturing Bad For The Environment?

Buckle up: This one won't be so pretty. But there are reasons the future can be better than the misery fossil fuels bring too.

InsideEVs

Giant batteries to store wind and solar power can speed up South Africa’s energy transition – how that can happen

South Africa is at a pivotal moment in its energy transition: trying to decarbonise its economy (move away from coal) and make sure that everyone has access to reliable and affordable energy. Storage of renewable energy is very important for this transition. Solar and wind power are not available all…

The Conversation

Economy Takes Center Stage In Presidential Campaign Ads

Presidential campaigns release contrasting economic-themed ads, highlighting their strategies and priorities in engaging with voters.

Top News

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The Guardian - UK

‘I wouldn’t wish this on anyone’: the food delivery riders living in ‘caravan shantytowns’ in Bristol

Gig economy workers for Deliveroo and Uber Eats in the city are living in appalling conditions, while putting in long hours, earning low pay and facing mental health problems

The National (Scotland)

Meghan Gallacher shocks as she claims square sausage can 'empower Scotland's economy'

WHO knew that Meghan Gallacher had all the answers to get boost Scotland’s economy?

Kiplinger

Are You Poor?

Many Americans believe they are worse off than they were before the pandemic, but the truth is that economic conditions are pretty good right now. So what's up?

International Business Times

US Unveils Sweeping Sanctions Targeting Russia's Wartime Economy

The United States unveiled sweeping sanctions Friday against almost 400 individuals and companies tied to Russia's war in Ukraine, expanding existing measures to curb Moscow over the invasion of its neighbor.

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StockNews.com

3 High-Yield Dividend Stocks to Buy Before Rates Drop

With the economy being in an uncertain state amid the hopes of an interest rate cut by the Fed, high-yielding dividend stocks could be a great addition to your portfolio. So, should you invest in AT&T (T), Altria Group (MO), and MPLX LP (MPLX) before the rates drop? Keep reading…

The Independent UK

Takeaways from Fed Chair Powell's speech at Jackson Hole

Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming

The Guardian - US

‘Time has come’ for US Federal Reserve to cut interest rates, says Powell

Fed chairman hails progress in battle to bring down inflation, with cut rates starting from September

The Conversation

No, the world isn’t heading toward a new Cold War – it’s closer to the grinding world order collapse of the 1930s

The past decade and a half has seen upheaval across the globe. The 2008 financial crisis and its fallout, the COVID-19 pandemic and major regional conflicts in Sudan, the Middle East, Ukraine and elsewhere have left residual uncertainty. Added to this is a tense, growing rivalry between the U.S. and…

Latin Times

Stocks Mostly Rise Ahead Of Powell, Yen After BoJ Rate Hint

The yen also advanced after the head of Japan's central bank told lawmakers that officials could hike interest rates again if the economy and inflation perform as expected, weeks after a surprise increase caused turmoil on markets.

Dynamite News

Bangladesh New Era: Country first needs to revive lost infrastructure

Infrastructure is a critical component of economic stability and growth, and its loss can have far-reaching effects on the economy. Read further on Dynamite News:

The Independent UK

How fast will interest rates fall? Fed Chair Powell may provide clues in high-profile speech

With the Federal Reserve considered certain to start cutting its benchmark interest rate next month, Chair Jerome Powell’s highly anticipated speech Friday morning at an economic conference will be closely watched for any hints about how many additional rate cuts might be in the pipeline

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