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The Latest Breaking News from Economy

Biden leans into 'Bidenomics' to boost his economic message ahead of 2024

WASHINGTON — President Biden launched a new push Wednesday to sell his economic agenda and convince skeptical voters that the economy is thriving under his watch, showcasing a message that White House officials see as critical to his 2024 election prospects.

Los Angeles Times

Biden touts his economic record in fiery speech: ‘Guess what – Bidenomics is working’

The president hopes to make his economic record a staple of his 2024 run even as many voters remain concerned about inflation

The Independent UK

Biden kicks off reelection message in Chicago with embrace of ‘Bidenomics’

“We’ve added over 13 million jobs, more jobs in two years than any president has added in a four-year term. And folks, that’s no accident. That’s Bidenomics in action,” Biden told a crowd gathered Wednesday in the lobby of the Old Post Office.

Chicago Sun-Times

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The changing economy of rural West Bengal

How the upcoming panchayat elections in West Bengal will be affected by the changing economic and political shifts

The Hindu

London sees 60% spike in e-bike fires this year

Gig economy workers were said to be putting themselves at risk by buying low-quality e-bike batteries online, and leaving them to charge overnight in their bedrooms

Evening Standard

Watch as Biden makes statement on economic policy in Chicago

Watch as Joe Biden delivers an address in Chicago on “Bidenomics,” his vision for growing the economy.

The Independent UK

Chancellor has discussions over pensions and ‘driving growth in the economy’

International pension funds are currently taking advantage of investments in high-growth UK companies more than UK pension funds, Jeremy Hunt said.

The Independent UK

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Just 34% approve of Biden's handling of the economy as he hits the road to talk up 'Bidenomics'

President Joe Biden has a tough sell Wednesday, trying to convince voters that the U.S. economy is flourishing

The Independent UK

Five parts of the economy that are hit when house prices fall

UK house price growth is slowing. While prices rose 1.2% in June compared to last year, this is down on May’s 1.9% growth, according to property website Zoopla. Its house price index – which forecasts a 5% fall in house prices this year – also shows that 42% of sellers…

The Conversation

Registration Open for NAB Show New York

Reconnect. Reevaluate. Rediscover. Content economy professionals get creative with new tech and existing tools.

AVNetwork

How tech manufacturers can contribute to the circular economy

How tech can manufacturers can simultaneously boost profits and sustainability through embracing the circular economy.

TechRadar

Most Gen Zers and millennials say they still rely on their parents for money, and they carry a lot of shame about it

Many young adults are still turning to their parents for financial assistance, but it's not that they want to. Blame it on the economy.

Fortune

Steelworkers march on Parliament demanding help to save 'crisis-hit' industry

Hundreds of steelworkers converged on Westminster to highlight the threat to their industry and call on the Government to help the switch the "green steel"

Daily Mirror

President Biden To Address U.S. Economy In Chicago

Speech to cover job growth, inflation, skills development, investments, and Biden administration's focus on key sectors

Zenger

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The Independent UK

Is it a 'richcession'? Or a 'rolling recession"? Or maybe no recession at all?

The warnings have been sounded for more than a year: A recession is going to hit the United States

The Hindu

India ranked 67th on Energy Transition Index, Sweden on top: WEF

The World Economic Forum ranked India at the 67th place globally on its Energy Transition Index saying it is the only major economy with energy transition momentum accelerating across the Energy Transition Index’s equitable, secure and sustainable dimensions

The Independent UK

Stock market today: Asian shares mixed despite Wall Street rally

Asian shares are mixed despite a rally on Wall Street driven by optimism over reports suggesting the American economy is in better shape than feared

Tribune News Service

Biden says he thinks US economy will avoid potential recession

WASHINGTON — President Joe Biden told donors he thinks the United States will avoid a potential recession that economists and banks have long been predicting.

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Chicago Sun-Times

Clean energy, climate crisis important for Americans

We’re in a moment when we can finally shift from an economy defined by consumption back to one defined by working people making and using things they can be proud of again, from electric school buses to solar panels.

Axios

More see U.S. as top global economy over China in post-COVID reversal

The findings underscore the U.S.' economic dominance as nations emerge from the upheaval of the pandemic.

Bangkok Post

Biden unveils election battle plan: 'Bidenomics'

WASHINGTON - President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a "Bidenomics" pitch to voters this week.

Bangkok Post

Thai exports expected to improve in H2

Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.

Barchart

Stocks Rally on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.75%. Stocks rose on tech-stock leadership, with the Nasdaq...

The Hindu

Jobs for all transgender persons to match qualifications in three years: Minister

The Social Justice Department has joined hands with the Kerala Knowledge Economy Mission to ensure financial security generated by employment to all transgender persons in the State, Minister for Social Justice R. Bindu has said.

Chicago Tribune

Walgreens aims to cut more costs amid weaker demand for COVID vaccines, uncertain economy

Walgreens Boots Alliance is raising its cost-savings goal by 17% to $4.1 billion after a disappointing quarter — a move that comes just weeks after it said it was eliminating 10% of its corporate workforce.

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