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The Latest Breaking News from Economy

Ghana’s president John Mahama makes a comeback – what lies ahead

John Dramani Mahama, Ghana’s incoming president, has won a chance to rewrite his legacy. He was voted out of office in 2016 by what was then the highest margin in the post-independence history of the west African nation amid corruption scandals and an energy crisis that had crippled the country.

The Conversation

Dollar Slips on Yuan Strength as China Signals More Stimulus

The dollar index (DXY00 ) today is down by -0.14%. The dollar is under pressure today from strength in the yuan after Chinese leaders signaled it will expand fiscal spending and ramp up “extraordinary policy adjustment” to boost the economy. Also, an unexpected decline in US Oct wholesale sales was...

Barchart

NYC Wants To Make You License and Insure Your E-Bike, Sounds Like a Cash Grab

If you rely on an e-bike in any way—you ride one, your business employs people who ride them, your takeaways are delivered atop an e-bike—you might be about to get screwed by the NYC Council. The NYC Council has proposed a bill that would require license plates and registration in the city…

RideApart

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Starmer has economy as top priority on Saudi trip amid human rights concerns

Sir Keir Starmer was meeting Mohammad bin Salman on the latest leg of his Middle East trip.

Evening Standard

China Pledges Support For Economy Amid Tariff Threats

China's leaders announce shift to active fiscal and loose monetary policies to support slowing economy amidst tariff threats.

Top News

Stocks Set for Muted Open as Investors Await U.S. Inflation Data

December S&P 500 E-Mini futures (ESZ24) are down -0.10%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.14% this morning as investors looked ahead to the release of U.S. inflation data later in the week, which will be scrutinized by Federal Reserve officials before their final meeting this year.

Barchart

Chinese leaders pledge 'moderately loose' monetary policy, more support for slowing economy

China's top leaders have pledged to loosen monetary policy and provide more support for the slowing economy

The Independent UK

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China's Leaders Vow More 'Relaxed' Monetary Policy In 2025

Chinese President Xi Jinping and other top leaders said Monday they would adopt a more "relaxed" approach to monetary policy as they hashed out plans to boost the economy next year.

International Business Times

Abba ‘chose the UK’ for virtual show which brings £1.4bn boost to economy

Executive producer Michael Bolingbroke said the Swedish pop group ‘chose the UK when they could have gone anywhere else’.

The Independent UK

Abba Voyage gives £1.4bn economic boost - and may stay in London 'forever'

Executive producer Michael Bolingbroke said the Swedish pop group ‘chose the UK when they could have gone anywhere else’

Evening Standard

Europe's Economic Challenges Amid French-German Political Paralysis

Political instability in France and Germany poses challenges for Europe's economy, requiring urgent cohesive action.

Top News

Market-driven approaches to plastic pollution won’t end inequalities – and waste pickers are speaking up

In Busan, South Korea, talks on a global treaty on plastic pollution, which were held from November 25 to December 1, ended in failure. Negotiations are due to resume at a later date.

The Conversation

Ghana Ruling Party Candidate Concedes In Presidential Election

Ghana's ruling New Patriotic Party candidate, Vice President Mahamudu Bawumia, on Sunday conceded defeat in the country's presidential election after failing to shake off widespread frustration over the struggling economy.

International Business Times

Art Basel Boosts Private Home Tourism in Miami: The Latino Neighborhoods Thriving the Most, According to Airbnb

The biggest art fair in the Western world is under way in South Florida.

Latin Times

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Evening Standard

Budget fails to tackle slow economic growth, says Labour

The SNP argued the UK Government is treating Scotland as an ‘afterthought’.

The Independent UK

Voices: Jeremy Hunt is fighting for his place in history – and the Tories’ future may depend on it

COMMENT: The former chancellor says Rachel Reeves’s budget ‘black hole’ is fiction. John Rentoul examines whether voters will listen

StockNews.com

3 Digital Content Creators Monetizing the Creator Economy

The digital content creation market is exploding, fueled by technological innovations and global internet access. With platforms like Spotify (SPOT), Tencent Music (TME), and Gannett (GCI) leading the charge, the creator economy is ripe for disruption. These giants are perfectly positioned to cash in on this booming trend. Read on….

International Business Times

Ghana Votes In Tight Presidential Election Race

Ghana's vice president and former central banker Mahamudu Bawumia faces off against opposition ex-president John Mahama on Saturday in a closely fought election to decide on the country's new president.

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AAP

Australia needs to think outside the box on packaging

A major manufacturer warns Australia is not ready to follow Europe on packaging reform but could develop more a circular economy to keep waste out of landfill.

Fortune

Why the U.S.-India partnership is the most consequential relationship in the world

With a 7% growth rate, India is the 5th-largest economy, on track to become the 3rd-largest, and potentially the largest by the end of the century.

International Business Times

US Companies Hired More People In November But Unemployment Jumped

The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes.

The Independent UK

November jobs report shows healthy labor market with 227,000 new roles - up dramatically from slow October

Employment took a hit across the country in October as a result of various hurricanes and strikes

Top News

US Economy Adds Jobs For 47 Consecutive Months

US economy adds jobs steadily, aligning with pre-pandemic growth rates. Labor market shows remarkable performance with 47 consecutive months of job growth.

The Guardian - AU

Lifeline has offered a solemn reality check. Money worries are high – so what will the government do?

The economic picture that emerged this week reflects the pressures many Australians are facing – and the crux of the next election

Top News

Economy Strong, No Need For Fed Rate Cuts: Economist

Economist Chris Rupkey remains positive about the economy, downplaying the need for immediate intervention.

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