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The Latest Breaking News from Economy

World needs economic stability after a tough few years, but if Trump wins we’re unlikely to get it

The attempt on the former president’s life may well result in a new era of trade tariffs, protectionism and a weak dollar

The Guardian - UK

South Africa’s new unity government must draw on the country’s greatest asset: its constitution

South Africa’s economy is strained, unemployment and crime are extremely high, policing is ineffective and the public service is dysfunctional. Francois Venter was involved in drafting the country’s transitional 1993 and final 1996 constitutions. Since then, he has researched comparative constitutional law and theory. He believes the outcome of the…

The Conversation

New fears Brexit has ‘drained life out of UK economy’ following IMF report

The International Monetary Fund’s July report warns ‘the global economy is in a sticky spot’ with the UK lagging behind most other major economies

The Independent UK

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UK interest rates will stay high unless service sector inflation falls, says IMF

Warning comes as Bank of England policymakers say price growth in service sector could become embedded

The Guardian - UK

Bolivia's President Announces Major Natural Gas Discovery

Bolivia's president unveils a significant natural gas discovery near La Paz, aiming to revive the country's gas industry and economy.

Top News

Thailand Launches Digital Cash Handout Program To Boost Economy

Thailand's Digital Wallet program aims to boost economy by providing citizens with digital money. Registration starts in August for eligible businesses and...

Top News

Trust in Scottish Government falls to lowest level recorded

TRUST in the Scottish Government to work in the country’s best interests has fallen to the lowest level recorded since a regular survey of public…

The National (Scotland)

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Cartier-owner Richemont Says China Sales Tumble 27%

Cartier-owner Richemont said Tuesday its quarterly sales in China tumbled by 27 percent as the deepening economic malaise in the world's second-largest economy lashes luxury firms.

International Business Times

Young Chinese Seek Alternative Jobs In Shifting Economy

Braving loneliness, tough auditions and an unfamiliarly hot and humid climate, aspiring actor Guo Ting is determined to make it in China's answer to Hollywood.

International Business Times

Beijingers Feel The Pinch As Economic Data Disappoints

Shopping online, skipping meals out and a general sense that decades of double-digit growth are very much a thing of the past -- Beijingers told AFP Monday they were feeling the pinch as the economy slowed.

International Business Times

Long periods of political violence are 'very bad' for the markets, analyst warns

The U.S.’s pivotal role in the global economy means that any negative effects from political violence would “spill over to the rest of the world.”

Fortune

Kenya’s digital divide: pastoralists are key to the country’s economy, but they’re being left behind

Information and communication technologies (ICTs) hold great potential to expand African economies. They include mobile banking platforms, internet-enabled communication devices and e-government services. All of these can enhance financial inclusion and improve services for citizens.

The Conversation

Assassination Attempt

Plus: RNC kicks off, China's economy looks rough, and more...

Reason

Galveston Residents Struggle To Recover After Hurricane Beryl

Galveston, Texas, is recovering from Hurricane Beryl with community resilience and support after significant damage to its tourism-based economy.

Top News

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The Independent UK

Thailand is set to roll out a controversial $13.8 billion handout plan in digital money to citizens

Thailand’s prime minister has said that eligible businesses and individuals can register from August for digital cash handouts, a controversial program that will cost billions of dollars and is meant to boost the lagging economy

France 24

China's ruling Communist Party kicks off key four-day economic meeting

China's ruling Communist Party on Monday kicked off a key four-day meeting led by President Xi Jinping that is focused on the economy, state media reported. The meeting is expected to outline economic policy amid concerns about the country's business environment and restrictions on access to American technology.

Top News

Trump's Economic Plans Lack Detail, Raise Concerns

Republican National Convention focuses on Trump's economic agenda and its potential impact on the economy.

International Business Times

China Posts Disappointing Growth As Officials Hold Key Meeting

China posted lower than expected growth in the second quarter on Monday, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country's deepening economic malaise.

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The Independent UK

Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter

Asian shares began the week trading mixed as China reported that its economy expanded at a 4.7% annual pace in the last quarter

The Independent UK

China's economy slowed in the last quarter as weak consumer demand dragged on growth

China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter

International Business Times

China's Leaders To Meet, With All Eyes On Struggling Economy

Top Chinese officials gather in Beijing on Monday, with all eyes on how they might kickstart lacklustre growth at a key political meeting that has historically seen officials unveil big-picture economic policy changes.

Top News

President Biden To Be Interviewed On BET By Ed Gordon

President Joe Biden's exclusive interview with BET's Ed Gordon covers key topics like his fitness for office, the economy for Black families, Project 2025,...

The Canberra Times

Ask Fuzzy: What is the 'circular' economy?

Why is the goal still so far away?

Fortune

U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarms bells piling up

June saw 75 filings, up from 62 in May and above the pandemic-era peak of 74 in July 2020, according to S&P Global Market Intelligence.

Reason

Biden and Trump Hope to Tip the Election Scales With Working-Class Proposals

Competing visions on tipping policies highlight the differences in the candidates’ approaches to winning over working-class voters—but neither will provide much benefit.

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