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The Latest Breaking News from Economy

Stock market today: Asian stocks dip on economy worries

Asian shares are trading mostly lower as worries about the health of global economies grew after a tumble on Wall Street, despite some better-than-expected earnings reports

The Independent UK

Yes, Joe Biden is old and has low approval ratings, but this is why he's still confident of re-election

America’s first octogenarian president has finally announced he is going to seek more time in office amid lacklustre public enthusiasm.

The Conversation

Coles' Uber Eats deal brings the gig economy inside the traditional workplace

This month Coles announced a major new partnership with Uber Eats that will further expand the supermarket giant’s links with the gig economy. Under the arrangement, Uber Eats drivers will not only complete home delivery for the supermarket, drivers will also pick and pack orders from supermarket shelves.

The Conversation

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The Museum of Amazonian Science offers global hope and sustainability

An environmentalist’s ambitious project includes the Museum of Amazonian Science in Brazil and fulfils his vision of powering up the local bioeconomy and saving humanity

Wallpaper

PPRP adds EEC adviser to economic team

The Palang Pracharath Party (PPRP) has named Kanit Sangsubhan, a former special adviser of the Eastern Economic Corridor Office, as a member of its economic team to help boost the economy in the southern border provinces.

Bangkok Post

T3's major retail ambition

T3 Technology, a Bangkok-based technology solutions firm, aims to make a deep impact in the retail market in what it calls "household intelligentisation" to achieve an ambitious goal to be the first smart brand in Thailand within three years.

Bangkok Post

As Biden, McCarthy butt heads on debt, what are differences?

There are stark differences in how President Joe Biden and House Speaker Kevin McCarthy want to shore up the government’s finances

The Independent UK

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Quarterly inflation is expected to ease, but the Reserve Bank may still lift interest rates

Even if inflation eases, a leading economist and strategist believes today's consumer price index figures will give the Reserve Bank of Australia reason to resume its rate-hiking cycle at its next meeting.

ABC News

Biden issues executive order on environmental justice

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

Global economic uncertainty means oil prices -- and your fuel bill -- will continue to surprise this year

Oil prices have confounded expectations in the first quarter of 2023. Brent – a major global benchmark – hit a low of US$72 (£58) a barrel on March 17, while the world’s other main benchmark, WTI, dropped to less than US$66 a barrel. This is a far cry from the…

The Conversation

E2E 100 partner Experian’s Ashley Somerville on empowering communities and creating future opportunities

The company’s VP Technology Transformation UK&I explores how technology can support the vulnerable and help rebuild our economy in the wake of difficult recent years

The Independent UK

‘We Can’t Be Living in an Economy of 40 Million People This Close to the Edge.’

Lake Mead, a key water source for California and six other states, is close to drying up. Water policy expert Felicia Marcus says dramatic action is needed on conservation, recycling and efficiency.

Capital & Main

Looking back at 20 years of Recep Tayyip Erdogan in power

After two decades in power as prime minister and as president, Recep Tayyip Erdogan is hoping to win a final mandate in the 2023 presidential election next month. But amid mounting anger over his handling of the economy in recent years, the seasoned Turkish politician could be in for a…

France 24

US consumer confidence falls for 3rd time in 4 months

Consumer confidence dipped again in April as anxiety over a slowing economy and possible recession weighed on American households

The Independent UK

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Daily Mirror

Bid to let asylum seekers work six months after they arrive in Britain

Refugees could help tackle labour shortages and begin contributing to the economy sooner if they were allowed to get jobs while their applications are being considered, campaigners argue

The Times of India

Covid-19: China to scrap PCR test for travelers to country

BEIJING: China will no longer require travelers to the country to provide a negative PCR test result, scrapping a rule that’s been a major deterrent for visitation since the world’s second-largest economy emerged from Covid isolation in January.

Asharq Al-Awsat

Coronation Gives Tourism Boost, but UK Economy Still Reeling

Kelly Curto is taking her first trip outside the US, and the die-hard fan of the British royal family is making it the one at the top of her bucket list — heading to London for King Charles III's coronation. After arriving on May 5, the 44-year-old school bus driver…

Asharq Al-Awsat

Oil Prices Stable as Investors Ponder China Demand, Rate Hikes

Oil prices held steady on Tuesday as investors weighed strong holiday travel in China that could boost fuel demand against the prospect of rising interest rates elsewhere, slowing economic growth. Brent crude fell 3 cents to $82.70 a barrel at 0620 GMT, while US West Texas Intermediate crude also eased…

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The Independent UK

Stock markets today: Asia mixed ahead of US earnings

Asian stocks are mixed after Wall Street edged higher as investors awaited U.S. earnings reports and an update on economic growth

The Independent UK

Coronation gives tourism boost, but UK economy still reeling

The coronation of King Charles III is luring royal fans fascinated by the pageantry, spectacle and drama of the monarchy and far-flung visitors eager to experience a piece of British history

Al Jazeera

South Korea’s economy barely avoids recession amid rocky outlook

Asia’s fourth-largest economy grows 0.3 percent during first quarter amid improvements in exports and consumption.

Bangkok Post

Bank of Thailand puts stability above stimulus

Amid the ongoing recovery pace, the economy no longer requires any stimulus measures, but the country requires normalisation and the implementation of economic measures to support economic stability and potential growth for the longer term, says the governor of the Bank of Thailand.

Kiplinger

What to Look for in Bank Stocks After SVB

An expert analysis on what to look for in bank stocks after the collapse of SVB.

ABC News

Gig economy shifts as Uber takes on supermarket delivery, government pushes for minimum employment standards

Deals between Coles, Uber and a key transport union establishing minimum conditions — ahead of the threat of legislation — could mean better days for gig economy workers.

Chicago Sun-Times

America needs investment in clean energy, not a debt ceiling fight from Kevin McCarthy

Federal investment has a chance to transform our economy and help save the planet. House Speaker Kevin McCarthy wants to threaten a debt ceiling fight to slow us down on fighting climate change.

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