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The Latest Breaking News from Economy

What works in the Hunter region's economy has shifted

Such trends offer a bellwether of how the economy has changed.

Newcastle Herald

Florida governor signs bill opposing ESG

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.

Ballotpedia

America is drunk on credit–and polarized politics complicate the Fed’s unenviable challenge of ending easy money

If the economy tanks in the months ahead, Powell will get the blame. If we avoid a recession, the politicians will claim credit.

Fortune

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

Number of cruise ship visitors to Northern Ireland passes milestone two million mark

The cruise industry is expected to contribute more than £21m to the local economy in 2023.

Belfast Live

Chinese Stocks and FXI

Markets reflect the economic and geopolitical landscapes, and while China’s economy may be recovering, tensions between Washington, DC, and Beijing have caused investors to shun Chinese stocks. The FXI is an ETF product that holds Chinese large-cap stocks that trade on the U.S. and international equity exchanges.

Barchart

Economic Optimism Index Dives As U.S. Recession Clouds Gather

The IBD/TIPP Economic Optimism Index slid to a six-month low, as rising layoffs and high interest rates raise the risk of a U.S. recession.

Investors Business Daily

The Pros of Investing in These 3 Gold Stocks in the Current Economic Climate

Gold is considered the ultimate safe-haven hedge against inflation as its value tends to rise in an uncertain economy. Recently, gold prices crossed the $2,000 level and a record high is in sight. Amid a volatile economic backdrop, investors could buy quality gold stocks Endeavour Mining (EDVMF), B2Gold (BTG), and…

StockNews.com

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Midlands cities 'are crucial hubs' but region's productivity gap costs £18bn a year, says Centre for Cities

New research published today by economic think tank says urban areas should be a key focus of government efforts to help Midlands reach its potential

Birmingham Post

Dorset firm C3IA Solutions takes part in government cyber security scheme

It comes as a study for the Cabinet Office estimated that the cost of cyber crime to the UK economy stood at £27bn per year

Birmingham Post

Inflation rate to halve, bringing wage growth by 2024, federal budget predicts – with hope of mortgage relief

Australia’s economy remains resilient as global growth slows to its worst performance in more than two decades

The Guardian - AU

Disney v DeSantis: what’s at stake for Florida as legal tug-of-war ramps up?

Eventual outcome will have profound implications for Sunshine state overall and the regional economy in particular

The Guardian - US

Most Scots see North Sea energy industry 'as a benefit to economy'

Poll comes as the consultation on the Scottish Government’s Energy Strategy and Just Transition ends

Insider UK

Stock market today: Asia shares trade mixed ahead of reports

Asian shares are trading mixed as investors take a wait-and-see view on the week ahead that’s full of reports on some of the market’s biggest worries, including stubbornly high inflation across the economy

The Independent UK

Excessive Housing Speculation Is Weakening Taiwan’s Economy and Society

Housing speculation creates instability and inequality. Given the growing national security threats from China, policymakers’ refusal to confront the problem puts Taiwan in a highly precarious situation.

The News Lens

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Reuters

China consultancy crackdown sends jitters across foreign business

Overseas business lobbies in China said on Tuesday they were unnerved by a sweeping crackdown on consultancy and due diligence firms that is damaging investor confidence in the world's second-largest economy.

ABC News

NT government's 2023 budget sees record $2.1 billion infrastructure spend

The Northern Territory budget sees a significant boost for roads and the prison system as the budget bottom line slips into a deficit.

Chicago Sun-Times

Americans care about the environment, will vote to protect it. They care about jobs more

President Joe Biden must show people that a cleaner economy tomorrow brings jobs they want today, Ben Jealous writes.

The Guardian - UK

UK shoppers cut spending amid pressure on Bank of England over inflation

Sluggish retail sales and credit card spending figures add to fears for British economy

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news in one place.

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Bangkok Post

Recovery unabated amid uncertainty

Asia and the Pacific remains a dynamic region despite the challenging year for the world economy.

Investors Business Daily

Biden's Approval Rating Falls Sharply; It's The Economy: IBD/TIPP

President Biden's approval rating hit its worst level of 2023. Even Democrats have cooled on the Biden economy, the IBD/TIPP Poll finds.

Reuters

In Turkey, an election reckoning for the rise and fall of Erdogan's economy

If Turks oust President Tayyip Erdogan in elections this month it will largely be because of an economic reversal that saw their prosperity, equality and ability to meet basic needs start to tumble midway through his two-decade reign.

The Guardian - UK

China’s war chest: how Beijing is using its currency to insulate against future sanctions

In the wake of sanctions on Russia, China has pushed to conduct more trade using the yuan in an effort to reduce its reliance on the dollar

Bangkok Post

The critical first 100 days

Business leaders have begun to think about the outlook for Thailand in the first 100 days under a new administration, with the poll less than a week away.

Newsroom.co.nz

Budget plea to Grant Robertson to return NZ economy's focus to wellbeing

Wellbeing Economy Alliance co-founder Katherine Trebeck is to meet with finance minister before the Budget – and says her message won't be diplomatic. Jonathan Milne reports.

The Hindu

Finance Minister Nirmala Sitharaman to review state of economy at FSDC meeting on May 8

Finance minister Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council (FSDC) on May 8.

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