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The Latest Breaking News from Economy

Disastrous, dark shadow, destroys our economy: five climate elders on Peter Dutton’s emissions stance

From Peter Garrett to Lesley Hughes there is frustration, despair and ‘a towering sense of anger’ over the opposition leader’s shift on the 2030 target

The Guardian - AU

This month's ACT budget needs to deal with a thorny problem

The ACT budget will be handed down on June 25.

The Canberra Times

This ‘ugly Goldilocks’ scenario could put both stocks and bonds in danger this year, investment chief warns

“The economy is a little too soft to meet equity investors’ expectations of earnings growth, and the economy's a little too strong to meet bond investors’ expectations of cuts,” Unlimited Funds' Bob Elliott told Fortune.

Fortune

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Keir Starmer says UK will 'not go back to austerity' under Labour in BBC interview

Labour leader pledges cash injection into hospitals and schools

Evening Standard

Why don’t the Conservatives want to talk about arts and culture?

The arts and cultural sector is facing a multitude of challenges. With COVID and cost of living crisis following hot on the heels of a decade of funding cuts, many organisations have had to strip back their programmes. Some have closed altogether.

The Conversation

‘Bridgerton universe’ has added £275m to UK economy, says Netflix

Producer Shonda Rhimes opens London Stock Exchange as second part of show’s season three launches

The Guardian - UK

Central banks face threats to their independence − and that isn’t good news for sound economic stewardship (or battling inflation)

Nearly every country in the world has a central bank – a public institution that manages a country’s currency and its monetary policy. And these banks have an extraordinary amount of power. By controlling the flow of money and credit in a country, they can affect economic growth, inflation, employment…

The Conversation

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Stock Index Futures Slip After Hitting New Records, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.52%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.29% this morning after both the benchmark S&P 500 and tech-heavy Nasdaq 100 posted their fourth straight record closes in the previous session, with investors awaiting the University of Michigan survey of…

Barchart

Stock Index Futures Fall After Hitting New Records, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.39%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.12% this morning after both the benchmark S&P 500 and tech-heavy Nasdaq 100 posted their fourth straight record closes in the previous session, with investors awaiting the University of Michigan survey of…

Barchart

Stock Index Futures Mixed After Hitting New Records, U.S. Economic Data on Tap

June S&P 500 E-Mini futures (ESM24) are down -0.34%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.05% this morning after both the benchmark S&P 500 and tech-heavy Nasdaq 100 posted their fourth straight record closes in the previous session, with investors awaiting the University of Michigan survey of…

Barchart

Archie Norman is right -- time to unleash our pension funds

City Comment: Pensions avoiding the stock market are starving the economy of capital

Evening Standard

Un-Censori Is Back: Kanye West’s Wife Bianca Stuns In Completely See-Through Cloak In Italy

"They still seemed to be having a blast together throughout the night." The post Un-Censori Is Back: Kanye West’s Wife Bianca Stuns In Completely See-Through Cloak In Italy first appeared on Bored Panda.

Bored Panda

Bridgerton boosts UK economy by £275 million, Netflix says

Executive producer Shonda Rhimes, has opened trading at London Stock Exchange in response

The Independent UK

China Waits Anxiously For Economic Plan As Gloom Reigns

Rows and rows of partially inhabited high-rises sprawl into the suburbs of the northern Chinese metropolis of Tianjin, their empty balconies emblematic of a slowing economy that has not kept pace with the country's ambitions.

International Business Times

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Evening Standard

OPINION - On economic growth, Keir Starmer sounds more like Liz Truss than Jeremy Corbyn

I have no ideological aversion to defences of Liz Truss. We all have our foibles, after all. But the one argument I won't accept is that, in going gung-ho for growth, she at least identified the right problem. I mean, pointing out that the British economy has been in a…

International Business Times

Russians Shrug Off Sanctions On Dollar, Euro Trading

Russians on the streets of the capital shrugged off new US sanctions on dollar and euro trading Thursday, claiming they had no need for Western currencies in their heavily targeted economy.

Evening Standard

OPINION - The Standard View: Keir Starmer wants to grow the economy. The question is: how?

Election campaigns are full of “moments”. Some are unscripted and unforeseeable, such as a Tory Prime Minister who is facing a populist threat to his Right, volunteering to leave D-Day commemorations early in order to do a pre-recorded interview. Others, such as Labour’s manifesto launch, are more expected.

International Business Times

Gallup Poll Shows Unhappy Workers May Hurt Global Economy

A poll by Gallup showed that negative daily emotions at the workplace can have an impact on the global GDP.

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news in one place.

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International Business Times

Wholesale Prices Fall, Offering More Good News On Inflation

For the second consecutive days the U.S. economy received good news on the inflation front in the form of government data, with Thursday's drop indicating an unexpected decline in wholesale prices in May.

International Business Times

UK's Labour Pitches For Power With 'Wealth Creation' Pledge

Britain's Labour party launched a "manifesto for wealth creation" Thursday, pledging to get the economy firing again if it wins power in next month's election after 14 years in opposition.

The Guardian - UK

Labour offering ‘austerity painted red’, says Plaid Cymru at manifesto launch

Party focuses on economy with founding goal of Welsh independence absent from leader’s opening remarks

Top News

Global Economy Suffers Due To Low Employee Engagement

Discover the impact of employee engagement on global economy and individual well-being, as highlighted in a recent report.

The Guardian - UK

Sunak refuses to say if aide who bet on election date knew about timing – as it happened

PM says it ‘would not be appropriate’ to say whether Craig Williams knew that he was going to call a July election

The Guardian - AU

Australia’s unemployment rate dips to 4% as economy adds 40,000 new jobs

Jobless rate eases as employers shrug off rising costs to keep adding to their workforces

The Conversation

Inflation is cooling, but not fast enough for the Fed: Policymakers now expect only one rate cut in 2024

It was a double-whammy Wednesday for economic-data enthusiasts.

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