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The Latest Breaking News from Economy

Data shows migrants aren't taking 'Black jobs' or 'Hispanic jobs,' despite what Trump says

Republican presidential nominee Donald Trump promises the biggest deportation event the U.S. has ever seen if he is elected

The Independent UK

China Offers $325 Bn In Fiscal Stimulus For Ailing Economy

China said Saturday it will make $325 billion in fiscal support available to its economy over the next three months, offering help to bolster banks, shore up the property market and free up consumption spending in Beijing's biggest aid programme since the global financial crisis.

International Business Times

More adult vaccines could unlock $1.1bn for economy

By raising its level of adult immunisation to the same rate for children, Australia could unlock huge economic benefits, researchers say.

AAP

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Tunisia’s young democracy flounders as its president wins a second term

There was tension hanging in the air as I walked through Tunisia’s capital city, Tunis, in July, just months before the country’s latest presidential election. The conversations I had in cafes and markets confirmed people’s uncertainty and apprehension about the state of their country.

The Conversation

JPMorgan Chase Profits Top Estimates, Bank Sees 'Resilient' US Economy

JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.

International Business Times

Deadlocked Presidential Races In Key States Revealed In New Poll

Recent state polls show a close race between Trump and Harris in key states, with economy and abortion as top concerns for voters.

Top News

Rachel Reeves spends first 100 days in power trying to ride two horses

As chancellor reaches milestone she faces the tricky task of rescuing public finances while also investing in growth

The Guardian - UK

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French public debt reaches record high: Is France the sick man of Europe?

France's debt has reached a record €3.228 trillion, amounting to 112 percent of GDP. That is well above the cap set by EU rules. Of course, France isn't the only member state to have racked up debt during the Covid pandemic and the energy crisis. Several countries have been reprimanded…

France 24

Canada is showing that it’s possible to have universal, affordable childcare. Is the UK brave enough to follow?

If we treated this service as vital state infrastructure, it could make a huge difference to parents – and to the economy, says the Guardian columnist Gaby Hinsliff

The Guardian - UK

Famed economist Ed Yardeni's updated his Fed cut prediction to 'none and done' because the inflation battle isn't over

"In my scenario rates are pretty comfortable where they are relative to the economy," Yardeni said.

Fortune

UK Economy Rebounds In August In Boost To New Govt

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

International Business Times

Investors, Analysts Eye Bigger China Stimulus At Saturday Briefing

Investors and analysts expect China to unveil billions of dollars in new stimulus for its troubled economy Saturday as officials battle multiple headwinds including a prolonged housing crisis and sluggish consumption.

International Business Times

UK economy returns to growth in August after two stagnant months

Rachel Reeves will announce her autumn Budget on 30 October

The Independent UK

UK economy returns to growth after interest rate cut drives retail spending

Output was up by 0.2% in the month after flatlining in June and July

Evening Standard

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The Guardian - UK

UK economy returns to growth in boost to Rachel Reeves before budget

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

The Guardian - UK

‘Sigh of relief’ for Labour as UK economy returns to growth; BlackRock hits $11.5tn of assets – as it happened

UK GDP rose by 0.2% in August, reports Office for National Statistics, with accountancy, retail and many manufacturers having strong months

Caixin Global

Weekly Must-Read: China’s Stimulus Bomb Sparks Optimism, but Economy May Still Struggle

The benchmark CSI 300 Index posted its biggest weekly gain in nearly 16 years and the yuan hit a 16-month high after the Politburo and central bank issued a barrage of measures to boost lending and bolster lagging economic growth

The Independent UK

South Korea's central bank raises rates in a bid to boost the economy

South Korea’s central bank cut its policy rate for the first time in more than four years as pressure to revive a sluggish economy outweighed concerns about the country’s level of household debt

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The National (Scotland)

John Swinney to press Keir Starmer on investment for Scotland in private meeting

JOHN Swinney is set to press Keir Starmer to work with him to deliver increased investment into Scotland’s economy during a private meeting on…

The Conversation

Use of AI in property valuation is on the rise – but we need greater transparency and trust

New Zealand’s economy has been described as a “housing market with bits tacked on”. Buying and selling property is a national sport fuelled by the rising value of homes across the country.

The Conversation

US inflation rate fell to 2.4% in September − here’s what that means for interest rates and markets

It wasn’t that long ago that the Federal Reserve, the central bank for the United States, was worrying that annual inflation would surpass 9% in the middle of 2022. The U.S. economy hadn’t seen prices rise that fast since the 1980s, and most everyone feared that a series of interest…

Top News

Arizona Senate Debate Heats Up Over Immigration And Abortion

Arizona Rep. Ruben Gallego and challenger Kari Lake debate on immigration, abortion, and economy in a heated exchange during the Senate race.

France 24

'We have to attack Iran,' says Israeli economy minister

FRANCE 24 spoke to Israel's Economy and Industry Minister Nir Barkat, who previously served as mayor of Jerusalem and is a member of PM Binyamin Netanyahu's Likud party. "We have to attack Iran", he declared, saying that this included hitting Tehran's nuclear capabilities.

Ideal Home

Experts reveal running your washing machine at this time can save on your energy bills - but it all depends on your tariff

Did you know certain times of the day are cheaper than others?

Fortune

‘Dr. Doom’ Nouriel Roubini says Trump is more likely to lead to stagflation—a fate worse than recession

“The combination of trade, currency, monetary, fiscal, immigration, and foreign policy of Trump poses much higher risks of stagflationary outcomes than if Kamala Harris is elected,” said economist Nouriel Roubini.

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