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The Latest Breaking News from Economy

Stock market today: Asian shares climb after blockbuster US jobs report

Asian shares have advanced after a surprisingly strong U.S. jobs report raised optimism about the economy, sparking a rally on Wall Street

The Independent UK

Asian Markets Track Wall St Rally On Jobs Data

Asian markets rose Monday after a blockbuster US jobs report soothed any concerns about the world's top economy, while the dollar held gains with traders scaling back bets on another bumper interest rate cut.

International Business Times

The Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says

"Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia."

Fortune

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read the most diverse news in one place.

Economists have blasted Trump's jobs and taxes plans as dangerous. Someone better tell the public

Though Trump often touts his economic experience as a successful businessman, economists worry his plans for a second term would be harmful, Ariana Baio reports

The Independent UK

Latinas Are Powering U.S. Economic Growth, Outpacing Non-Hispanic Growth

Latinas' economic output surpasses the entire economy of Florida and places Latina economic output behind only California, Texas, and New York.

Latin Times

Tunisia votes in presidential polls marked by economic and political woes

Tunisians are headed to the polls on Sunday for presidential elections widely expected to be dominated by incumbent leader Kais Saied, who's seeking a new term amid a struggling economy and political tensions.

Radio France Internationale

A year of war accelerates ‘silent departure’ of Israel’s elite

Brain drain could undermine the country’s hi-tech economy as liberal families conclude social contract has been broken

The Guardian - UK

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Gen X was supposed to be the economy's safety net—now they're the 'struggling middle child' balancing retirement and paying for adult children

"I am much more keenly aware of what's being saved and what's going out now than I ever have at any other point in my life."

Fortune

Crisis-hit French territory of New Caledonia on brink of economic collapse

Back in the spring, the French Pacific territory of New Caledonia was gripped by deadly riots that left many businesses in ruin. This, in turn, aggravated its already crippled economy. The nickel industry, the archipelago's primary resource, was already facing setbacks before the riots, forcing many employers to lay off…

France 24

Businesses say Australia’s economy depends on the environment. Will Labor’s ‘nature-positive’ summit help?

Financial leaders have urged the country to focus on protecting and restoring nature – but details remain thin on the ground

The Guardian - AU

Stocks Surge As US Economy Shows Resilience

Stocks surge to record highs as positive job data boosts investor confidence in the US economy. Anticipation grows for a Federal Reserve rate cut and upcom...

Top News

Bitcoin jumps over $62,000 on sparkling jobs report

Bitcoin rose 3% in 24 hours as the latest jobs report pointed to strength in the U.S. economy.

Fortune

President Biden Celebrates Strong Economy And End Of Port Strike

President Biden addresses the nation, highlighting positive economic developments and commitment to growth and stability in the US.

Top News

3 Chinese Stocks to Buy as Their Economy Rebounds

China’s economy has demonstrated a solid start in 2024, in line with the annual growth targets. Given this backdrop, it could be wise to buy top Chinese stocks Alibaba Group Holding (BABA), Ping An Insurance (PNGAY), and Tencent Holdings (TCEHY) as the nation’s economy rebounds. Read more.

StockNews.com

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The Independent UK

Citing Trump, Biden says he can’t guarantee election will be peaceful in president’s first remarks from White House press room

Biden had not been in the White House briefing room since taking office in 2021

Kiplinger

Strong September Jobs Report Puts Soft Landing in Sight: What the Experts Are Saying

A blowout reading on nonfarm payrolls takes another jumbo-sized cut to interest rates off the table.

The Independent UK

JetBlue ditches transatlantic hot meals for a ‘chilled’ menu in economy class

Options on the new menu include a courgette frittata and chicken grain bowl

The Conversation

Can China’s stimulus blitz fix its flagging economy?

Pan Gongsheng, the governor of China’s central bank, announced a raft of measures on September 24 aimed at boosting the country’s flagging economy. The move, which came a week before the 75th anniversary of communist party rule, was made in response to concerns that China could miss its own 5%…

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Fortune

A ‘grand slam’ jobs report could shift the Fed’s rate cut plans

“They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth Management, told Fortune.

Evening Standard

Middle East crisis and impact on UK economy ...The Standard podcast

Listen here on your chosen podcast platform.

Top News

President Biden Celebrates Strong Jobs Report With 250,000 New Jobs

President Biden shares positive news on U.S. economy with 250,000 new jobs in September and unemployment at 4.1%.

The Independent UK

This week’s jobs numbers are very good news for Harris and Biden

Jobs numbers blow past expectations as US economy adds 254,000 jobs

Top News

September Jobs Report Shows Strong Economic Expansion

September employment report shows a significant increase in job numbers, indicating a positive trend for the economy.

Top News

Federal Reserve's Rate Cut Impact May Take Months To Materialize

The Federal Reserve's recent rate cut may take time to impact the economy, with future cuts dependent on labor market conditions.

Latin Times

Hong Kong Stocks Bounce As Middle East Fears Boost Crude Again

Buyers were back in the driving seat in Hong Kong after retreating on Thursday for the first time since Beijing last week unveiled a raft of economy-boosting measures that have brought investors flooding back to the market.

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