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The Latest Breaking News from Economy

Takeaways from AP's reporting on how Arizona voters view the economy with the election close at hand

The Arizona economy is flourishing by many measures

The Independent UK

Macron’s business policies made him ‘president of the rich’. Rachel Reeves, beware

The chancellor rightly wants to stimulate the economy by boosting growth. But she would be unwise to do it at the expense of the poorest, writes Phillip Inman

The Guardian - UK

‘They’re killing us’: Aberdeen braces for end to North Sea oil as clean energy plan takes shape

The granite city has weathered many storms over the years but people there now fear the impact of the government’s tax plans on the local economy and jobs

The Guardian - UK

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US Budget Deficit Widens To $1.8 Tn, Third Highest On Record

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

International Business Times

France braces for economic judgment amid political turmoil and record debt

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Radio France Internationale

Are you better off than four years ago? Why US voters should – but can’t – say yes

Many are still feeling the pinch of inflation while the fruits of growth disproportionately go to the better off

The Guardian - UK

China's Central Bank Announces Plans To Support Stock Market

Global markets react positively to China's stock market support plans and ECB interest rate cut. Chinese economy slows, prompting stimulus expectations. US...

Top News

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Asian Markets Rise As China Economy Tops Forecasts, Gold Hits Record

Investors have been clamouring for Beijing to deliver more concrete plans for the country's stuttering economy since last month's slew of stimulus announcements that had fanned hopes officials would unload the "bazooka" policy many have been calling for.

Latin Times

Wealthier Americans are driving retail spending and powering US economy

It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace

The Independent UK

UK firms in ‘significant financial distress’ hits record levels; Gold rises over $2,700/ounce – as it happened

“Toxic effect of high inflation” is hurting businesses, reports Begbies Traynor

The Guardian - UK

Stock market today: Asian shares gain as China releases plan for market support

Asian shares are higher after China's central bank released plans for supporting stock markets through share repurchases

The Independent UK

China posts slowest growth since aftermath of ‘zero COVID’ curbs

World’s second-largest economy grows 4.6 percent in third quarter amid weak consumer demand and property woes.

Al Jazeera

China posts slowest economic growth in 18 months as optimism fades over stimulus

Blistering sharemarket rally of recent weeks recedes as expectations cool towards long-awaited ‘bazooka stimulus’ for ailing property sector

The Guardian - AU

Vicente Gonzalez and Mayra Flores clash in fiery South Texas congressional debate

In their only debate before Election Day, Gonzalez and Flores traded jabs over the economy, immigration and abortion, and regularly spoke over each other.

The Texas Tribune

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The Independent UK

China's economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target

China has reported that its economy expanded at a slower-than-expected rate of 4.6% in the July-September quarter

Caixin Global

Weekly Must-Read: China May Add 6 Trillion Yuan in Treasury Bonds to Buttress Economy

The issuances would take place over three years as part of its latest fiscal stimulus measures, sources tell Caixin

The Conversation

Can NZ’s supply chain build enough resilience and sustainability to survive the next global crisis?

New Zealand is highly reliant on trade – particularly on maritime routes, which are lifelines for exports and imports. Key sectors such as agriculture, construction, and wholesale and retail trade depend heavily on this global network.

Top News

Global Finance Leaders Navigate Uncertainty Amid U.S. Election

Explore the potential impact of the U.S. presidential election on global economic policies and the IMF and World Bank's roles in maintaining economic stabi...

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news in one place.

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International Business Times

China Expected To Post Slowing Growth As Economic Woes Drag

China is expected to post its slowest growth in a year and a half on Friday, as Beijing struggles to steady an economy shaken by sluggish spending and persistent property sector woes.

Barchart

Stocks Settle Mostly Higher on a Resilient US Economy

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down by -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up by +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.08%. Stock indexes on Thursday settled mixed, with the Dow Jones Industrials...

StockNews.com

3 Global Stocks to Buy for International Diversification

As the global economy shifts with changing central bank policies and varied growth rates, investing in fundamentally sound stocks like Taiwan Semiconductor Manufacturing (TSM), Alibaba Group (BABA), and Rio Tinto Group (RIO) could help diversify your portfolio and mitigate domestic risks. Read on….

Kiplinger

Ballot Initiatives to Know: Kiplinger Election Updates

The latest election updates on what candidates are saying as it concerns people's finances, along with commentary and analysis from Kiplinger experts.

The Conversation

The UK’s new industrial strategy is welcome, but here’s what is missing

The UK government’s plan to create a new industrial strategy is a welcome attempt to steer Britain’s economy through the challenges of the 21st century. Amid a backdrop of global economic uncertainty, a clear focus on achieving growth is essential.

Fortune

Malaysia’s prime minister will try to keep the country’s ‘feel-good’ vibes alive with his upcoming budget

Foreign companies are flocking to the safe haven of Malaysia: “This investment cycle is something we have not seen for a long time.”

Al Jazeera

Is China’s new stimulus enough to revive its economy?

China is trying to revive its economy from a COVID-era slump, but is it doing too little, too late?

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