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The Latest Breaking News from Economy

Inflation, the Economy, and Political Ignorance

Public ignorance has a big impact on voter atttudes on a major issue in the 2024 election.

Reason

Life’s big moments can impact an entrepreneur’s success – but not always in the way you’d expect

Entrepreneurs are the lifeblood of any innovative economy.

The Conversation

US New Home Sales Decline In April; Prices Increase

Explore the recent trends in new home sales and prices in the US, reflecting stability and demand in the housing market amidst economic fluctuations.

Top News

From analysis to the latest developments in health,
read the most diverse news in one place.

The baby boomer bump: How ‘the richest retiring generation we’ve ever had’ is keeping the economy afloat

"They are spending on restaurants, cruises, traveling, and health care."

Fortune

BlackRock’s bond guru Rick Rieder says the Fed’s favorite inflation firefighting strategy is failing—‘the private sector has become a creditor now’

“It’s ambiguous to me today, at best, whether a higher [interest] rate helps bring down inflation versus actually contributes to it,” Rick Rieder told Fortune.

Fortune

Why Is the Economy So Weird Right Now?

Plus: Samuel Alito's bad flags, simping for marijuana, and more...

Reason

Rishi Sunak names July 4 for UK general election: What’s next?

Sunak announced general election which could signal an end to his Conservative Party’s 14 years of power in the UK.

Al Jazeera

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Gas Prices Soar Under Biden Administration

Gas prices have surged by 51% under President Biden, impacting consumers and the economy. Learn about the causes and effects of rising gas prices in the US.

Top News

German Business Activity Grows In May, PMI Shows

German business activity expands in May, driven by demand for goods and services, signaling a positive trend for the economy.

Top News

French Private Sector Contracts In May, PMI Shows

Discover how France's private sector contraction in May is impacting the economy and what measures may be needed to support businesses and stimulate growth.

Top News

Biden Administration Backs Independent Federal Reserve

Learn about the Biden administration's support for the Federal Reserve's independence and its crucial role in shaping the U.S. economy.

Top News

Singapore's Economy Surges With Fastest Growth In 18 Months

Singapore's economy shows promising signs of recovery with fastest growth in 18 months, driven by increased consumer spending and government support.

Top News

Von der Leyen quizzed on whether she would work with far-right in EU election debate – as it happened

Frontrunner to be European Commission president was questioned over alliances with Meloni and others in face-off with rival candidates

The Guardian - UK

Not All Fed Officials Support Tapering Balance Sheet Contraction

Federal Reserve officials are divided on tapering balance sheet contraction, raising concerns about its impact on financial markets and the economy.

Top News

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news in one place.

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Evening Standard

Rishi Sunak and Keir Starmer trade blows as election campaigns kick off

First day clashes over the economy and migrants as leaders hit campaign trail

Fortune

Taylor Swift and Coldplay concerts may have saved Singapore’s economy from shrinking last quarter

Strong services spending, spurred from superstar concerts, offset a decline in manufacturing in the first quarter of 2024.

Top News

India's Business Growth Strong With Record Exports: PMI Report

India's economy showed robust growth in May driven by record exports and manufacturing expansion, reflecting a positive outlook for future growth.

Top News

Singapore's April Core Inflation Matches Forecasts At 3.1%

Learn about Singapore's April core inflation rate of 3.1% and its implications on the economy.

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news in one place.

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The Guardian - UK

Sunak backtracked on climate policies – and voters may punish him

Many hoped he would show global leadership – instead he pitched himself as ‘pragmatic’ and slowed the journey to net zero

The Guardian - UK

Economy, health, migration and more: key battlegrounds in the UK election

The struggling NHS, the climate crisis, education and childcare will be among the issues on voters’ minds

Latin Times

Perception vs. reality: Poll reveals majority of U.S. citizens mistakenly feel the nation is in recession

Republicans and independent voters are more likely to believe this, the survey shows

International Business Times

US Fed's Rate Meeting Minutes Show Growing Inflation Concerns

A strong US economy and an uptick in inflation led the Federal Reserve's rate-setting committee to conclude that progress against rising prices had stalled, according to minutes of its most recent meeting published Wednesday.

The Conversation

What is ‘Net Zero’, anyway? A short history of a monumental concept

Last month, the leaders of the G7 declared their commitment to achieving net zero emissions by 2050 at the latest. Closer to home, the Albanese government recently introduced legislation to establish a Net Zero Economy Authority, promising it will catalyse investment in clean energy technologies in the push to reach…

The Guardian - UK

Things can only get better? For Sunak and the UK economy, this might be as good as it gets

Economies decide elections but with growth tentative, inflation sticky, and tax cuts unlikely, why would the PM wait

The Guardian - UK

Trailing Tories decide this is as good as their prospects will get

Fall in inflation hasn’t eased mistrust over economy, while Starmer leads polling on who will make better PM

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