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The Latest Breaking News from Economy

Are inexpensive mattresses worth it or are they a waste of money?

An inexpensive mattress can save you hundreds, but are their cheap price tags a false economy? I'm a sleep writer — here's my take...

Tom’s Guide

Cutting Rates Too Soon Could Be 'Quite Disruptive': Fed's Powell

The US Federal Reserve's high benchmark rate is "doing its job" against elevated inflation, chairman Jerome Powell said Wednesday, warning that lowering it too soon could be "quite disruptive" for the American economy.

International Business Times

Federal Reserve Likely To Reduce Benchmark Interest Rate Later This Year

Federal Reserve Chair hints at rate cuts in 2023 despite strong economy. Fed remains independent from political influence.

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Venture seeks 'big bets' on new clean, green economy

Venture capitalists say investors can mitigate climate change and biodiversity risks and create significant economic and investment value at the same time.

AAP

Whether Australia’s budget has a surplus tells us little about the government’s worth – it’s all on the choices made

Do you direct the recourses of the economy on things that produce good outcomes for Australians, or spend $4.6bn to improve the UK economy?

The Guardian - AU

With Rising Debt, the U.S. Federal Government Is in Bad Company

Governments around the world have been on a borrowing spree, and prosperity has suffered.

Reason

Sadiq Khan launches ‘London growth plan’ for 150,000 jobs - but isn't counting on his own one

Shadow chancellor Rachel Reeves joins Sadiq Khan for launch of plan to deliver the extra jobs by the end of London mayor’s anticipated third term in office

Evening Standard

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Turkey Inflation Reaches 68.5% Before Election, Impact On Ruling Party

Turkey's inflation rate surges to 68.5%, posing economic challenges ahead of elections. Government faces pressure to stabilize economy and address root cau...

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China Eliminates Down Payment Mandates For Personal Car Loans

China's decision to remove down payment requirement for personal car loans to boost car sales and economy.

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German Family Businesses Desperately Seeking Buyers

The Scharringhausen deli has been selling fine foods and wines in northern Germany for 160 years, but its future is in doubt as it struggles to find a buyer to take over the business.

International Business Times

Japan Economy Recovers, BOJ Rate Hike Prospects Alive

Japan's economy shows signs of recovery with increased production, low unemployment, and inflation trends, raising hopes for sustained growth and potential...

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Understanding South Korea's Election Importance

South Korea's crucial election will impact economy, security, social issues, environment, and international relations.

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Asian Shares Drop As US Yields Near 4-Month High

Asian shares decline as US yields near four-month high and earthquake impact investor sentiment. Analysts cautiously optimistic about region's economy.

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US Fed Official Predicts Higher Long-term Interest Rates

A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest rates over the longer term due to the enduring strength of the US economy.

International Business Times

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Eurozone Factory Downturn Deepens In March, Recovery Signs

Eurozone's PMI data for March shows manufacturing contraction but hints at recovery, offering hope for the economy.

Evening Standard

London is losing out on new job listings for head office staff

Even as the economy recovers, London’s soaring living cost remains a challenge to attract and retain young professionals

Ballotpedia

Economy and Society April 2, 2024: Mississippi issues cease and desist order to BlackRock, warns of potential finesEconomy and Society April 2, 2024:

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

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China Opposes US Trade Barriers, Lists As Primary Concern

China disputes US report on trade barriers, highlighting progress in opening economy. Ongoing tensions in trade negotiations.

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The Guardian - AU

Australia faces postwar-style reconstruction to reach net zero target, Greg Combet says

‘Pipeline’ of clean projects being assembled, according to head of agency charged with multibillion-dollar transformation

The Guardian - UK

Io Capitano review – chilling indictment of the refugee exploitation economy

Two teenage boys star in Matteo Garrone’s passionate exposé of how greed, trauma and corruption drive the modern-day slave trade in would-be migrants

Top News

Swedish Central Bank Proposes Billion Capital Injection

Swedish central bank proposes billion capital injection to boost post-pandemic economy and support businesses and individuals affected by the crisis.

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Citadel's Griffin Predicts Challenging US Economic Landscape, Favors Fixed Income

Kenneth Griffin of Citadel anticipates challenges in the US economy, favoring fixed income investments. Stay informed and vigilant in response to evolving ...

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Thailand Welcomes 9.4 Million Tourists, .4 Billion Spending

Thailand's tourism booms with 9.4 million visitors and .4 billion spending in the first quarter, boosting the economy and various sectors.

International Business Times

Hong Kong Rally Leads Asian Markets, Traders Assess Fed Rate Plans

Hong Kong led most Asian markets higher Tuesday as traders returned from an extended weekend break to forecast-beating Chinese factory data that lifted hopes for the world's number-two economy.

The Times of India

Investors are unwinding ‘buy India, sell China’ stocks trade

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