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The Latest Breaking News from Economy

Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

The Independent UK

NASA generated $76 billion for US economy in 2023, report says

NASA generated $76 billion for US economy in 2023, report says

NASA's efforts in science, exploration and beyond are helping drive significant economic growth across America, according to an agency study.

The Sword Comes For Volkswagen

The Sword Comes For Volkswagen

It's been a strange and unpredictable year for electric vehicle sales in America and, frankly, for new car sales in general. But if you want to assess the European market, replace the adjectives above with "apocalyptic." Intense competition from China, a weak economy, slowing EV demand as subsidies evaporate and…

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GDP is an outdated way of measuring the health of the economy – it doesn’t reflect the health of people or the planet

Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world.

The Conversation

From tax cuts to breaking the economy: five UK budgets that made a difference

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

The Guardian - UK

The 'Age of Electricity' is Dawning on Wall Street, and This is the Best Stock to Buy

The IEA says the 'Age of Electricity' is here. Here in the U.S., in the 2010s, the economy expanded by 24%, yet electricity demand remained steady. That's about to change, as the energy consultancy Wood Mackenzie projects a yearly increase in electric demand from 4% to as much as 15%…

Many Republicans take a tough line on China despite their own business ties to Beijing

With Senate control up for grabs in swing states, both parties are trying to stress China’s threat to US economy

The Guardian - US

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Spanish PM In India Seeking To Bolster Trade Ties

Spanish PM In India Seeking To Bolster Trade Ties

Spanish Prime Minister Pedro Sanchez was welcomed to India Monday with a flower-filled open-top parade alongside counterpart Narendra Modi, as Madrid seeks to boost investment in the world's fifth-largest economy.

International Business Times

Govt vows to rein in NT debt as it soars above $11b

Govt vows to rein in NT debt as it soars above $11b

The Northern Territory government has inherited a strengthening economy but "pet projects" and department overspends could cause debt to blow out.

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

How do US presidential elections affect the economy and the stock market?

How do US presidential elections affect the economy and the stock market?

With the US presidential election on a knife edge and less than a week away, financial markets are watching with bated breath.

The Conversation

Polls and prediction markets are signaling a Republican sweep in the election

Polls and prediction markets are signaling a Republican sweep in the election

For the economy and financial markets, a Republican sweep in November could raise the stakes even higher.

New state emerges as nation's best-performing economy

New state emerges as nation's best-performing economy

Western Australia's economy is leading the nation, as the state tops CommSec's State of the States report for the first time in a decade.

Does the president control the economy?

Does the president control the economy?

They can do some things on their own, but their effect on the economy and stock market is more nuanced

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Canada Cuts Immigration Targets by 27% Amid Economic Challenges, Sparking Controversy

Prime Minister Trudeau cites a need to stabilize the economy, but businesses and migrant advocates warn of negative impacts on growth and community support.

The Independent UK

Japan's ruling party braces for a blow to its comfortable majority in the lower house in elections

Japanese Prime Minister Shigeru Ishiba’s conservative ruling party is bracing for a blow to its comfortable majority in the lower house of parliament amid public rage over the party’s financial scandals and discontent over a stagnant economy

Russia Raises Interest Rate To Record-High 21%

Russia's central bank raises interest rates to 21% to combat inflation from military spending and supply-demand imbalances.

Young Voters Express Concerns Over Presidential Candidates

Vice President Harris and former President Trump target young voters with differing strategies. Economy and border security are key concerns for young vote...

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How Harris can still shape the race

Harris needs to deliver clear answers to voters' biggest questions. If she does that effectively, she wins

'World of Warcraft' Balance Patch: Blizzard Drops $90 Dino Mount To Celebrate Anniversary

Blizzard just released the Trader's Gilded Brutosaur mount that costs $90 and has sent World of Warcraft's economy into turmoil.

Treasurer: Conflict casts dark shadow over the economy

While visiting Washington, DC, for a series of meetings with the G20, IMF and World Bank, the treasurer also sat down with Republican and Democrat advisers.

The Independent UK

Leonardo DiCaprio shares presidential endorsement as 2024 election approaches

DiCaprio says America needs a ‘bold step forward to save our economy, our planet and ourselves’

New state emerges as nation's best-performing economy

Western Australia's economy is leading the nation, as the state tops CommSec's State of the States report for the first time in a decade.

The Independent UK

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

New Poll Shows Trump And Harris Tied Among Voters

Recent poll reveals tie between Trump and Harris, with voter concerns on economy, abortion, and immigration.

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