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The Latest Breaking News from Economy

Old is gold: Can ageing spark a surprise economic boom?

Health, tech and saved wealth could turn an ageing workforce from an economic challenge into an advantage, say experts.

Al Jazeera

Why the right have got it all wrong about Adam Smith, one of Scotland's finest minds

We do not know the exact date of his birth but yesterday marked the 300th anniversary of the baptism of Adam Smith, the Kirkcaldy-born father of…

The National (Scotland)

Years of Tory economic mismanagement has cost Scotland £8.5bn, claims Labour

Research suggests Scotland’s economy would be £8.5bn bigger had it grown since 2010 as it did under the last Labour government.

Daily Record

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Living the ‘Chinese Dream’: Beijing’s new world order

As Beijing boosts its diplomatic clout, analysts say it wants to “remould” and even supplant existing institutions.

Al Jazeera

Building activity produces 18% of emissions and a shocking 40% of our landfill waste. We must move to a circular economy – here’s how

Architecture, engineering and construction employ 1.2 million people in Australia and account for 9% of GDP. But our biggest services sector also produces roughly 40% of landfill waste and accounts for 18.1% of Australia’s carbon footprint. The sector must change its practices fast for Australia to meet its commitments to…

The Conversation

Giorgia Meloni Seeks to Cement Power by Remaking Corporate Italy

The right-wing leader must decide whether to opt out of China deal as she looks to drive change in the economy through state-owned companies.

Businessweek

Angus Taylor says Australia's core inflation is higher than all the countries in the G7. Is that correct?

Shadow Treasurer Angus Taylor says Australia has higher core inflation than all of the countries in the G7. Is that correct? RMIT ABC Fact Check investigates.

ABC News

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The Fortune 500 is dominated by just 50 companies that raked in nearly half of all earnings

The latest Fortune 500 list revealed more consolidation in the American economy: The top 50 companies accounted for over 45% of total corporate profits.

Fortune

Here’s How to Play the Unusual Options Volume for Five Below (FIVE)

With the latest jobs report confirming an ambiguous economic environment, investors will need to play discount retailer Five Below very carefully.

Barchart

3 Grocery Stocks to Explore This Week

Amid chances of a recession later this year, it could be worthwhile to explore fundamentally strong grocery stocks Albertsons Companies (ACI), Village Super Market (VLGEA), and Natural Grocers by Vitamin Cottage (NGVC), given the resilience of the grocery sector to economic cycles. Keep reading….

StockNews.com

The alt-right economy is failing. Here’s the real performance of anti-woke entrepreneurs

Anti-woke entrepreneurs seem to have forgotten the most basic requirement of capitalism: to make a profit.

Fortune

Larry Summers says that the Fed should consider doubling down on interest rates in July if it pauses in June because the risk of 'overheating the economy'

Suggestion comes as other economists push for an end to increases.

Fortune

Economists split over prospects of another rate rise ahead of RBA meeting

Despite 11 hikes in the cash rate since last May, some forecasters think the central bank could still raise borrowing costs again

The Guardian - AU

Magnitude Biosciences seals £500,000 investment to ramp up research work

It has secured a Future Economy Investor Partnerships grant from Innovate UK which has been match funded by the North East Innovation Fund

Birmingham Post

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Marie Claire

The British Beauty Council's Value of Beauty report shows it's time for beauty to taken more seriously

This year’s report reflects the challenges of Brexit, but shows the industry still boasts an entrepreneurial, flexible and resilient workforce

The National (Scotland)

Deputy FM to attend grassroots event on wellbeing economy – here's how to get tickets

DEPUTY First Minister Shona Robison will be among those speaking at an event in Dundee ...

Caixin Global

Editorial: How to Win Over Businesses at Home and Abroad

The government must treat domestic and foreign companies equally and proactively address their concerns

Fortune

IMF's Georgieva warns Fed may need to hike further to cool down overheating U.S. economy

The Fed has already hiked to levels not seen since September 2007, but that might not be enough to bring inflation down to sustainable levels.

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Reuters

Explainer-Blood, treasure and chaos: the cost of Russia's war in Ukraine

Russia's 2022 invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world.

Birmingham Post

New data reveals extent of child poverty in Wales

Welsh charities said the data shows the Welsh economy and social safety net aren't working properly

The Hindu

U.P. plans State Capital Region on lines of NCR

Amid the U.P. government’s ambitious plan to make the State a one trillion dollar economy within five years, only a few districts have been attracting investment intents.

Bangkok Post

Timeline unnerves some sectors

The Move Forward Party (MFP) and seven coalition political parties are expected to ascend to power in early August.

Bangkok Post

Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.

360info

Pure economic growth neglects many, privileges the few

A wellbeing economy places people and the planet at the centre of creating a healthier society.

360info

Families in homes a step toward a better economy

A growing economy does not always mean a nation is doing well. Measuring wellbeing, and implementing policies to address that, fills that gap.

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Dipanjan BanchurSince

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