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The Latest Breaking News from Economy

October Jobs Report Shows Murky Economic Picture Before Election Day

October jobs report reveals modest job growth, stable unemployment rate, and impact of recent events on the economy before Election Day.

Top News

US adds only 12,000 jobs in October in final report before election

Average monthly job gains in 2024 had been about 200,000, but new figures affected by Boeing strike and hurricanes

The Guardian - US

Trump immigration message more prevalent in closing days - Roll Call

On the campaign trail, Donald Trump often finds a way to tie illegal immigration to other topics such as the economy.

Roll Call

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read the most diverse news in one place.

German bosses blame economic woes on young 'work-shy' employees calling in sick

Germany's economy would have grown by 0.5% instead of contracting last year if illness wasn't so high, researchers say.

Fortune

Ed Davey piles pressure on Keir Starmer with call for ‘urgent’ Brexit rethink

Sir Keir Starmer is pursuing a ‘reset’ of relations with the bloc but concerns persist about a lack of urgency

The Independent UK

Applause as Question Time audience member tears into Labour and Tory MPs

AN audience member has been praised on social media as he took aim at the Labour and Tory guests on Thursday night’s Question Time...

The National (Scotland)

US economy added only 12,000 jobs in October in shock pre-election drop – as it happened

Live, rolling coverage of business, economics and financial markets as non-farm payrolls numbers deliver economic surprise days before presidential election

The Guardian - UK

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This Labour budget is austerity by another name

Letters: Politicians including Jeremy Corbyn and MPs from the Green party and Plaid Cymru respond to the chancellor’s plans. Plus a letter from Peter Riddle

The Guardian - UK

Labour can’t properly rebuild our economy outside the single market

The Guardian - UK

Why the chancellor’s plan to unlock billions of pounds of government investment is such a gamble

Perhaps the most important long-term change announced in the first Labour budget are the new rules the government has set itself to fund the expansion of public services and increase public investment. These fiscal rules, which set out how much the government can borrow and spend, are seen as critical…

The Conversation

Tito Mboweni obituary

Leading figure in Nelson Mandela’s ANC government who helped transform South Africa’s economy

The Guardian - UK

Nevada is in a profound economic rut. Its working-class voters could swing the election

Workers have been struggling to keep up with rising costs. Trump and Harris are hyper-focused on winning them over

The Guardian - US

Trump's Deportation Plan Could Expel 1 Million Floridians and Threat State's Economy, Report Warns

A study by the American Immigration Council (AIC) detailed that Florida could face billions in losses and labor shortages if Trump's mass deportation plan proceeds.

Latin Times

What does the Air Passenger Duty increase mean for cheap flights?

Plane passengers will pay £2 more tax on the cheapest short-haul seats from April 2026

The Independent UK

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The Guardian - UK

Yes, Bidenomics is working here in Pennsylvania. But maybe not enough to win the White House

As a steelworker, I know how hard people are struggling – and I fear that next week they may fall for Trump’s simple answers, says local mayor JoJo Burgess

The Conversation

Fear, hope and the economy: what is motivating Americans as they decide who to vote for – podcast

Amid deep political polarization and extreme campaign rhetoric, the U.S. presidential election on November 5 is likely to be decided by a small number of voters in swing states such as Pennsylvania and Michigan. But why is it so close?

Barchart

Stocks Plunge Before the Open as Microsoft and Meta Weigh on Sentiment, U.S. Inflation Data and Earnings in Focus

December S&P 500 E-Mini futures (ESZ24) are down -0.77%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -1.09% this morning as investors digested quarterly earnings reports from Microsoft and Meta as well as robust U.S. economic data that muddied the outlook for Federal Reserve rate cuts.

The Guardian - UK

Thursday briefing: What you need to know about Rachel Reeves’s plans for the economy

In today’s newsletter: They spent weeks bracing the country for ‘tough decisions’, but in Labour’s first budget in 14 years, the chancellor adopted a slightly more optimistic tone

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The Independent UK

Stock market today: Asia shares decline as investors await earnings, US elections and economic data

Asian shares are mostly declining amid uncertainty ahead of the United States presidential election next week

Fortune

Gen Z and young millennial employees are missing the equivalent of one day’s work every week due to mental health

That's costing the British economy a staggering $176 billion.

The Independent UK

Reggaeton singer Nicky Jam retracts Trump endorsement, says Puerto Rico deserves respect

The ‘Hasta el Amanecer’ singer explained that he had originally supported Trump because he ‘believed it was what’s best for the economy’

The Guardian - UK

UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?

Chancellor’s solutions to improving economy and public services will be a radical change for country

The Independent UK

Will Rachel Reeves’s borrow-and-spend Budget actually work?

ANALYSIS: Business will bear the burden of this Budget, so the chancellor must hope it delivers a better economy, says Howard Mustoe

Evening Standard

OPINION - Rachel Reeves's Budget ignored London — that may prove a costly mistake

This was a Budget written in London, delivered in London, but almost totally ignored the region that drives the British economy. Rachel Reeves made only one mention of London — about par by recent standards — in her 77-minute speech, compared with five references to Manchester and Scotland, three to…

Fortune

You may not know it, but Kamala Harris is a champion for entrepreneurs

As Vice President, Harris has often been the point person for the Biden White House’s minority and women-owned business initiatives.

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