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The Latest Breaking News from Economy

Longshoremen reach tentative agreement with ports, shippers, averting a potential strike

U.S. longshoremen have reached a contract agreement with ports and shippers, averting a potential strike that could have damaged the American economy

The Independent UK

Don’t panic – despite the headlines, the Aussie dollar isn’t crashing

While our currency is lower than it’s been for a while, there is no sense of a crash. The RBA’s focus should be on the domestic economy and rate cuts

The Guardian - AU

Succeeding In A Burgeoning Economy: Mohammed Alaqeel's Insights On Harnessing The Opportunities Of Saudi Arabia

Mohammed discerns two of the most common types of businesses entering Saudi Arabia: those invited by the government and smaller investors looking to join the market.

International Business Times

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Virginia Democrats Maintain Statehouse Majority In Special Elections

Virginia Democrats secure Statehouse majority in recent elections with key wins in special races. Republicans focus on parents' rights, crime, and economy.

Top News

Hiring Slowed in December: ADP Jobs Report

Private employers continued to add jobs in December but not at the pace that was expected.

International Business Times

3 Consumer Staples Stocks for Steady Returns in Uncertain Times

General optimism for the U.S. economy has been disrupted by uncertainty surrounding policy changes, geopolitical tensions, and border crises. Amid this volatility, investing in sound consumer staple stocks Colgate-Palmolive (CL), Chewy (CHWY), and Kimberly-Clark (KMB) could offer investors a reliable path to steady returns. Read more….

StockNews.com

Here are some of China's New Year resolutions to boost its economy

China's leaders are bracing for potential shocks to the economy from higher tariffs once U.S. President-elect Donald Trump takes office

The Independent UK

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UK 10-year borrowing costs hit highest level since 2008, as Rachel Reeves’s fiscal headroom evaporates – as it happened

Bond sell-off is eating into the chancellor’s wiggle room to hit fiscal targets without spending cuts or more tax rises

The Guardian - UK

Rebuilding Syria’s economy: Can stability return after war?

Syria’s new leadership faces an economy devastated by war and sanctions, with inflation and a decimated currency.

Al Jazeera

Stock market today: Asian shares slip after Wall St slumps despite strong US economic data

Asian markets are mostly lower after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market and business activity

The Independent UK

Asian Markets Mixed After Wall St Hit By US Inflation Fears

Equities wavered on Wednesday as sentiment was knocked by a sell-off on Wall Street that was sparked by data indicating the US economy and jobs market remained robust, further denting hopes for interest rate cuts.

International Business Times

With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies

Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.

Reason

Rise in UK borrowing costs could push Reeves to new public spending cuts

Analysts say costs hitting highest level since 1998 risks wiping out almost all of chancellor’s £10bn buffer

The Guardian - UK

US Longshoremen Threaten Strike Over Automation Concerns

45,000 U.S. longshoremen threaten strike over automation at ports, impacting economy and workers.

Top News

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The Independent UK

US dockworkers threaten to strike against automation, creating economic uncertainty

Vowing to stop machines from taking their jobs, 45,000 U.S. longshoremen are threatening to go on a strike that would shut ports on the East and Gulf coasts and could damage the American economy just as President-elect Donald Trump returns to the White House

Reason

Why the Race and Gender Politics of White Dudes for Harris Failed

It's still the economy, stupid.

The Independent UK

Uniqlo among retailers to stop hiring gig economy workers over employee rights claims

Gymshark also said they had halted hiring through certain platforms

The Guardian - UK

Ignore Musk, ignore the critics – you’ll feel the benefit of Labour’s policies in your pocket before long

Despite the doom-mongers, the outlook for the economy, the NHS and vital services is good. Coming months should bear that out, says Guardian columnist Polly Toynbee

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news in one place.

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AAP

Coalition insists nuclear plan won't blow up economy

The federal opposition has slammed government analysis that suggests its nuclear energy calculations are based on a shrinking economy in five states.

The Conversation

What Ghana’s small businesses can teach the world about becoming more sustainable

Small and medium-sized enterprises (SMEs) form the backbone of emerging economies. This is especially true in Ghana, where they represent around 90% of registered businesses and contribute significantly to employment and the economy of the west African nation.

The Conversation

China’s economy took centre stage in Xi’s new year address, spinning slow growth as a ‘remarkable’ achievement

Chinese president Xi Jinping delivered his annual televised new year address on December 31, and commentators have been quick to share their interpretation. Some have emphasised Xi’s passing reference to Chinese reunification as a threat against Taiwan. Others have focused on Xi’s comments about China’s economy, framing them as a…

The Independent UK

Bosses at biggest UK firms have already made more money than the average worker will in 2025

FTSE 100 bosses enjoy median pay of £4.22m, 113 times the median of a full-time worker’s pay of £37,430

The Conversation

Nigeria’s economy in 2025 doesn’t look bright – analyst explains why

Nigerians may be wondering whether the year 2025 will bring the “renewed hope” promised by the President Bola Tinubu administration – or whether they are in for another year of economic despair.

Latin Times

Asian Markets Mixed As Traders Eye Trump 2.0

Concerns about China's stuttering economy, the outlook for US interest rates and the wars in Ukraine and the Middle East were also causing a sense of uncertainty.

Fortune

Vietnam’s economy smashes growth forecasts as trade-obsessed Trump returns to the White House

Vietnam’s GDP grew by 7.09% in 2024, ahead of government forecasts of 6.5%. Yet Vietnam’s trade surplus with the U.S. could put it at risk of new tariffs.

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