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The Latest Breaking News from Economy

State of the economy — temper the euphoria

If official spokespersons enlarged the frame of economic assessment, a few stark facts come into focus

The Hindu

Jeremy Hunt says tax cuts for businesses a ‘priority’ as he hints at benefits squeeze

Chancellor says businesses take ‘priority’ ahead of autumn statement

The Independent UK

What are Lumber Futures Telling Us About the Economy?

After declining from August through October 2023, physical lumber futures found a bottom and turned higher. Lumber is a thinly traded futures market but a critical economic indicator. The recent rise in lumber prices could signal an overall rally in commodity prices on the horizon.

Barchart

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

Milei or Massa? Argentinians face tough choice amid economic crisis

As Argentina gets ready to vote for a new president, over 40 percent of its population live under the poverty line as their budgets are squeezed by triple digit inflation. The two candidates running for president – far-right libertarian outsider Javier Milei and ruling Peronist economy minister Sergio Massa –…

France 24

Not the first time COP President comes from fossil fuel producing country: UAE official

“Our presidency is not about preferring one ideology over the other. It is about the science.”

The Hindu

Diving Into Chinese Tech: Analyzing the Prospects of Alibaba (BABA) and Hello Group (MOMO) for Investors

Despite several challenges, the Chinese economy has demonstrated exceptional resilience recently. Therefore, top-tier Chinese stocks, such as Alibaba Group (BABA) and Hello Group (MOMO), could be ideal portfolio additions now. Continue reading.

StockNews.com

Robbie Williams’ wife Ayda Field says they make their children fly economy while they sit first class

The actress said she and her singer other half have ‘no interest in raising brats’

Evening Standard

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What can Jeremy Hunt do with his £13bn headroom in the autumn statement?

Chancellor could try to win votes with a tax giveaway, but seems unlikely to improve the polls or the economy

The Guardian - UK

Croatia cracks down on migrants as Europe beefs up border checks

It took Croatia years to finally enter into Europe's passport-free travel zone that promised to ease access for other European nationals travelling to the country and boost its tourism-driven economy.

Radio France Internationale

Robbie Williams and his wife reveal their children fly economy while they sit in first class

No move to expensive seats ‘until they can pay to put themselves in a different part of the plane’, says Ayda Field

The Independent UK

Stock market today: Asian stocks pulled lower by profit warnings and signs the US economy is slowing

Asian stocks are mostly lower after Wall Street drifted to a mixed finish as momentum slowed following a strong rally in the first half of November

The Independent UK

US Achieves Record Oil Production Amidst Geopolitical Tensions

Despite conflicts and regulatory challenges, US oil production reaches highest level on record, boosting economy

Zenger

Dutch universities slam ‘ridiculous’ proposal to cap foreign students

Academics criticise student cap plan by poll frontrunner Pieter Omtzigt saying move will scare off top talent and disadvantage Dutch economy

The Guardian - UK

‘Flip-flopping’ has cost UK billions in investment cash since 2010, says report

Before autumn statement, industry bosses say more consistency is needed after more than a decade of instability

The Guardian - UK

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news in one place.

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France 24

Biden tells Asia-Pacific leaders US 'not going anywhere' as it looks to build economic ties

President Joe Biden on Thursday made America's case to national leaders and CEOs attending the Asia-Pacific summit that the United States is committed to high standards in trade and to partnerships that will benefit economies across the Pacific.

Evening Standard

Long-term sickness forcing people out of work and damaging economy, Labour warns

Shadow work and pensions minister Liz Kendall tells Standard that workers risk being 'written off' without support

The Hindu

CAG to play a key role in making India the third largest economy: Murmu

President Droupadi Murmu: CAG team facilitator of good governance, will help make India third largest economy. CAG has taken forward-looking steps, including Centre for Data Management and Analytics.

Fortune

Cathie Wood says forget inflation, deflation is the real enemy after the Fed hiked rates too far, too fast

“I think the Fed’s overdone it. I think we’re going to see a lot more deflation going forward,” the ARK Invest CEO and founder said this week.

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Barchart

Can the U.S. Economy Achieve a Soft Landing?

The Federal Reserve, since early 2022, has been raising interest rates to ease inflation pressures without causing the economy to contract, an ideal scenario that some economists call a “soft landing.” A soft landing is defined as when the Fed is able to slow the economy enough to curb demand...

The Independent UK

Fresh off meeting with China's Xi, Biden is turning his attention to Asia-Pacific economies

President Joe Biden will address a group of CEOs grappling with the risks to their businesses from world crises

TV Tech

Registration Opens for the 2024 NAB Show

The show will delve into trends such as artificial intelligence, streaming universes, virtual production, the creator economy and advertising

AAP

Battery economy: From 'dig-and-ship' to 'mine-and-make'

Some $2 billion in capital and other sweeteners could turn Australia from the world's quarry into a "mine-and-make''nation driving the battery supply chain.

Al Jazeera

Malawi’s president suspends foreign travel for himself and cabinet members

President Lazarus Chakwera announced austerity measures aimed at healing the economy.

Fortune

Citadel CEO Ken Griffin bashes Bidenomics as debt-reliant, inflationary policies: ‘The American public knows things aren’t working in this economy for them’

“Whoever told him to run on Bidenomics has no idea how to read an economics textbook,” the Wall Street titan said.

Digital Camera World

Black Friday conundrum: save less money on a newer camera, or more money on an older one?

Is it false economy to save more money on an older camera? How to approach the Black Friday bargains

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