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The Latest Breaking News from Economy

New EU gig economy laws saved from oblivion by Belgian compromise

Directive aims to give taxi and delivery drivers such as those working for Uber and Deliveroo rights similar to those enjoyed by full employees

The Guardian - UK

EU countries endorse diluted draft rules on gig economy workers’ rights

Revised text scraps set of criteria proposed by European Commission to determine if an online company is an employer.

Al Jazeera

Is Labour about to prune its plan to boost workers’ rights?

Fears grow party is poised for another U-turn akin to ditching of £28bn green pledge as business groups call for pragmatism

The Guardian - UK

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Biden And Trump Gear Up For Likely November Rematch

President Biden and Donald Trump are gearing up for a likely rematch in November, focusing on immigration and the economy as key election issues.

Top News

Japan’s economy narrowly avoids recession as growth figures revised

Gross domestic product grows 0.4 percent amid expectations of an end to negative interest rates as soon as this month.

Al Jazeera

China Caps Key Political Meet With Pledges To Boost Ailing Economy

China's leaders on Monday wrap up a week-long key conclave at which they admitted more was needed to revive a sluggish economy battered by an ailing housing market, poor domestic demand and record high youth unemployment figures.

International Business Times

CPI, Rates and Other Key Things to Watch This Week

Last week was another magic week for Nvidia (NVDA) cracking the $950 level and dragging the market along for the ride.

Barchart

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Crisis of time: On parched Karnataka and its water woes

Karnataka is in need of a circular water economy that maximises the utility of every litre

The Hindu

Consumers paying the price for 'slow' data right scheme

The economy would get a $16.7 billion boost within decades and almost 50,000 new jobs if consumers could give the nod to sharing more data, economists say.

AAP

Saudi Aramco Reports 1 Billion Profit In 2023

Aramco's 2023 profit of 1 billion reflects resilience amidst energy price challenges and strategic shifts in Saudi Arabia's economy.

Top News

The best time to play Dragon's Dogma was 12 years ago, and the second-best time is now while the RPG is on sale for $5 ahead of Dragon's Dogma 2's launch

Dragon's Dogma: Dark Arisen is cheaper than... most things in this economy right now

GamesRadar

‘This factory kills everything’: the red dust of death in Italy’s under-developed south

Taranto residents separated from giant steelworks by a flimsy net fence tell a story that pits livelihoods against lives lost to cancer, the economy against the environment

The Guardian - UK

‘I welcome our digital minions’: the Silicon Valley insider warning about algorithms – while embracing them

Marek Kowalkiewicz has made a career of harnessing new technology. But on the question of if algorithms have agency, he realised he was wrong

The Guardian - AU

Economist Kevin Hassett Critiques Biden's Economic Record

Explore contrasting views on the economy: Biden highlights success, while Hassett criticizes inflation and job quality.

Top News

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The Guardian - US

‘Young and handsome’: Biden kicks off $30m ad blitz with spot addressing age

Coinciding with multistate tour, 60-second ad shows president joking about age and stressing ‘strongest economy in the world’

Top News

Biden And Trump Hold Dueling Rallies In Georgia

President Biden and former President Trump hold rallies in Georgia ahead of primary, focusing on economy and immigration.

Top News

Armenia Considers Seeking EU Membership, Foreign Minister Reveals

Armenia's potential bid for EU membership could reshape its foreign policy, economy, and governance, with implications for the region.

Top News

President Biden Addresses Economy And Immigration In State Of The Union

President Biden's State of the Union speech and economic updates spark debate and controversy in Washington.

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Top News

February Jobs Report Shows Strong Growth, Wages Cooling

Labor Department's report reveals strong job growth in the U.S. economy, with 275,000 new jobs added in February and a 3.9% unemployment rate.

The Guardian - UK

‘I wanted to save the world!’: Grace Blakeley, TikTok’s answer to Tony Benn

The millennial economist talks to Sam Leith about the perils of global capitalism, fighting her corner online and having a ‘midlife crisis’ at 29

Al Jazeera

Will a four-day work week solve Germany’s labour shortage?

Counterintuitively, a new German experiment is testing whether working less can help overcome a labour crunch.

International Business Times

China Consumer Prices Rise In February For First Time In Six Months

Chinese consumer prices rose in February for the first time since August, data showed Saturday, bucking a months-long stretch of deflation that compounded the country's myriad economic woes.

Top News

President Biden's Economic Achievements Highlighted In State Of The Union

President Biden's State of the Union address focused on the economy, highlighting challenges and achievements in economic stewardship.

International Business Times

Drones, Drugs & Destruction: The Gangs Plaguing Haiti

Haiti is no stranger to armed groups, and the gangs ravaging the country are highly organized and control vast arsenals of military weapons, presiding over a shadow economy of kidnapping for ransom and lucrative rackets.

Top News

Strong Job Growth In February, Unemployment Rate Remains Low

Latest jobs report reveals strong job growth and low unemployment rates, indicating a healthy economy.

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