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The Latest Breaking News from Economy

Albanese says the government’s focus on delivering commitments is essential to reinforce faith in democracy

Prime Minister Anthony Albanese says his second term government is “focused on delivery” of its commitments, declaring this is important not only for the economy but also for Australians’ faith in our democracy.

The Conversation

Prince William warns oceans are ‘diminishing before our eyes’ in Monaco speech

Prince William, speaking at Monaco's Blue Economy and Finance Forum on Sunday (8 June), has warned world leaders about the oceans' "alarming state."

The Independent UK

Asian shares rally ahead of US-China trade talks

Asian stock markets have advanced ahead of the second round of trade talks between Washington and Beijing, following a solid report on the U.S. job market

The Independent UK

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Vanishing immigration is the ‘real story’ for the economy and a bigger supply shock than tariffs, analyst says

A workforce that is growing more slowly doesn’t need as much hiring to absorb the additional labor supply.

Fortune

Rift over oceans: Macron rebukes climate change deniers ahead of Nice summit

At the Blue Economy Forum's final day in Monaco, leaders urged global action to protect oceans. The Prince of Wales called for 'urgency and optimism', while French President Macron slammed climate deniers, promising 'strong decisions' with other governments soon.

Euronews

Is strengthening the Canadian economic union another way for Ottawa to centralize power?

Mark Carney’s election was reassuring for many Canadians amid sovereignty threats from United States President Donald Trump. But the new prime minister’s plan to create a highly integrated Canadian economy is sparking concern in economic and political circles.

The Conversation

‘Think big’ to save the ocean, William tells world leaders

The Prince of Wales was speaking at the Blue Economy and Finance Forum on ocean preservation in Monaco.

Evening Standard

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Pensions report cuts Reeves’ planned growth funds from £160bn to £11bn

Chancellor had anticipated surpluses from final salary schemes would boost investment in UK economy

The Guardian - UK

MarketBeat Week in Review – 06/02 - 06/06

Stocks got a boost from a better-than-expected Jobs report that shows the economy is still growing; next week will bring the latest read on inflation

MarketBeat

How Tariffs Are Breaking the Manufacturing Industries Trump Says He Wants To Protect

Most imports to the U.S. are raw materials, intermediate parts, or equipment—the stuff that manufacturing firms need to make things.

Reason

Wake me up when we're not in a recession

Most of us concluded long ago that wages are too low, bills are too high and good jobs are too hard to find

Salon

Lebanon aims to bring tourists back to its beaches as travel bans finally lift

The World Bank says poverty nearly tripled in Lebanon over the past decade

The Independent UK

‘Open prison’: The forced labour driving India’s $5 trillion economy dream

India has more than 300 million unorganised sector workers. Many suffer from withheld wages, endless toil and coercion.

Al Jazeera

Weekend Long Read: Remembering Luminary Economist Stanley Fischer

The MIT professor helped shape the foundations of New Keynesian economics and influenced generations of economists and policymakers

Caixin Global

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The Independent UK

Transportation chief seeks to weaken fuel economy standards, calls Biden-era rule 'illegal'

Transportation Secretary Sean Duffy says Biden-era fuel economy standards for gas-guzzling cars and trucks were illegal and moved to reverse the rules

The Conversation

Germany’s chancellor thinks his fellow citizens need to work harder. Here’s why he’s wrong

People in Germany have taken the idea of a work-life balance too far. To get their economy back on track, they must work more.

Al Jazeera

US economy adds 139,000 jobs as growth slows

The biggest gains were in healthcare, which added 62,000 jobs, while the economy lost 22,000 federal government jobs.

Radio France Internationale

Ocean’s survival hinges on finding the billions needed to save it

The ocean supports food, jobs and the climate systems that keep global weather in balance – but only 8 percent of it is protected, and money to safeguard the rest is critically lacking. This weekend, finance leaders and marine experts are meeting in Monaco for what many say is a…

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Evening Standard

Europe ends largely higher after US jobs report

The American economy added more jobs than expected last month, although the pace of hiring eased, numbers on Friday showed.

Newslaundry

The fourth-largest economy hype: What the media didn’t tell you

The International Monetary Fund recently stated that India is set to surpass Japan to become the fourth-largest economy in the world in 2025. While the projection masked the underlying realities of the average Indian, it was enough for the mainstream Indian media to rush to celebrate.

Barchart

What About the US Economy?

If you ask a dozen economists to define the word "economy", you're likely to get a baker's dozen of responses.

Evening Standard

Stephen Graham has emergency surgery on a plane after realising 'something didn't feel right'

The Adolescence star, 51, had the operation in the lounge area between the economy and first class sections

The Independent UK

Hiring slows across US amid uncertainty over Trump’s tariffs

The number of Americans applying for unemployment benefits has risen to the highest level in eight months

The Independent UK

US employers added a solid 139,000 jobs in May despite uncertainty over trade wars

U.S. employers slowed hiring last month, but still adding a solid 139,000 jobs amid uncertainty over Trump’s trade wars

The Guardian - UK

Labour warned to keep spending review in line with net zero or face legal action

Exclusive: Friends of the Earth tells Keir Starmer any major green cuts by Rachel Reeves will be challenged

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