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The Latest Breaking News from Economy

First Minister hails wellbeing economy importance ahead of Jimmy Reid lecture

THE First Minister has hailed the importance of the wellbeing economy to the Scottish independence cause ahead of a lecture at a left-wing think…

The National (Scotland)

London’s Resilience Shines: Major Investment Firms Bet On UK’s Financial Hub

Andreessen Horowitz chooses London as its international base, highlighting the city's strengths amid Brexit and pandemic challenges.

Zenger

Latinos are becoming a major economic force in U.S.

Latinos are becoming larger contributors to the U.S. economy thanks to greater income and education.

Fortune

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read the most diverse news in one place.

Billionaire says vote for climate with career switch

More than two clean energy jobs will be created for every fossil fuel-related job lost, tech billionaire Mike Cannon-Brookes tells a net-zero jobs fair.

AAP

The man who named the bond vigilantes 40 years ago just crowned a new king as the bond market goes through a multitrillion-dollar wobble

Bill Ackman, who just reversed a big get against Treasuries, is the new king imposing government fiscal discipline.

Fortune

OPINION - Rishi Sunak faces mounting problems on first anniversary in No 10

Rishi Sunak could be forgiven for looking at the state of the polls (the Tories trail Labour by 20 points) the state of his party (it could face a further by-election thanks to yet another misbehaving MP) and the state of the world (gestures broadly at everything) and feel somewhat…

Evening Standard

We quizzed 4,000 people on the economy – here's who knew the most

People in the UK say the economy and inflation are currently the most important issues facing the country. But do Britons actually know much about how the economy works?

The Conversation

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Parting the ‘Red Sea’: Sydney buses would sail through intersections under automated lights plan

NSW white paper finds traffic jams are deterring workers from taking the bus and weighing on the state’s economy

The Guardian - AU

Chhattisgarh farm loan waiver announcement raises new questions

Congress announces farm loan waiver in Chhattisgarh; questions raised on policy, political narrative. Government claims initiatives have strengthened rural economy, but loan waiver raises doubts

The Hindu

Glasgow's economy crippled by poor public transport, report finds

Centre for Cities claims that the economy is being held back in part because hundreds of thousands of workers struggle to commute between the city…

The National (Scotland)

Neglecting women’s health at work could cost UK economy £20.2bn a year – analysis

A new survey suggested 68% of women have experienced poor physical or mental health at work.

The Independent UK

Striking autoworkers are right: Focus on equity in transition to clean energy, electric vehicles

As the auto industry shifts to electric vehicle production and the global economy shifts to green energy, there’s a chance for more equity for Black workers, the head of the National Urban League writes.

Chicago Sun-Times

Stock market today: World shares mixed after China pledges more support for slowing economy

World shares are mixed after China pledged more spending to counter its economic slowdown

The Independent UK

UN report: 80% of Gaza inhabitants relied on international aid before war

Unctad outlines conditions last year, with unemployment rate of 45% one of highest in world

The Guardian - UK

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The National (Scotland)

Wellbeing Economy Secretary heads to UAE on net zero trade mission

Wellbeing Economy Secretary Neil Gray is to head to the United Arab Emirates (UAE) this week as he touts Scotland’s renewables potential.

Evening Standard

Lloyds Bank: UK economy to grow but house prices to keep falling

LLOYDS BANK doubled its forecast for UK economic growth this year and insisted that consumers remain resilient in the face of gloomy predictions for the jobs market and global political strife.

Evening Standard

Lloyds Bank says UK economy improving slightly - on course to avoid recession

Lloyds Bank, Britain’s biggest high street bank, thinks the UK’s economic position is modestly improving and that the nation remains on track to avoid a recession.

StockNews.com

Bear Market Warning from the Bond Market?

The S&P 500 (SPY) is flirting with a break below the 200 day moving average. Part of the story you already know...that about the recent rapid rise in bond rates. Unfortunately there is an even more ominous part of this story that needs to be told today. That is why…

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news in one place.

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Fortune

'Billionaires shouldn't exist': Shawn Fain is leading the auto strike crippling Detroit as if he were Bernie Sanders

The head of the United Auto Workers is walking the Vermont senator's talk.

Ballotpedia

SEC deprioritizes ESG enforcement

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.

The National (Scotland)

Fiji’s economy boomed after independence while Tuvalu destroys 'too wee' claim

THE island nations of Fiji and Tuvalu gained independence from British rule in October 1970 and 1978 respectively.

Al Jazeera

Kremlin says Russian economy ready to handle more sanctions

Sanctions have boosted domestic industrial production, officials say.

Evening Standard

City bets that interest rates have already peaked as data shows UK economy slowing

Markets are pricing in a roughly two-in-three chance that rates have already peaked.

Fortune

‘Bond King’ Bill Gross says it's time to stop betting against bonds and get ready for a economic slowdown: 'Recession in the 4th quarter'

'Bond King' Bill Gross said a recession is coming for the U.S. economy in the fourth quarter.

Evening Standard

UK 'skirts with recession' as private sector declines again, PMI survey finds

A recession might already be underway as the Bank of England's recent interest rate hikes slow the economy

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