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The Latest Breaking News from Economy

‘A precarious perch’: In India, too many escape poverty only to slip right back into it

The forecast was cloudy skies with the possibility of light rain or thunderstorms. But on the morning of India's 77th independence day, on August 15, 2023, things moved as planned in New Delhi.

Newslaundry

It's different now: Tariffs can boost U.S. jobs, wages, and the economy, finance professor says

“In this case, tariffs (properly implemented) would have the opposite effect of Smoot-Hawley.”

Fortune

Syria's New Foreign Minister Establishes Diplomatic Ties

Syria's new foreign minister engages in diplomatic efforts to strengthen ties and revive the economy, facing challenges and uncertainties.

Top News

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How gig platforms like Fiverr are reshaping the video game development industry

In an industry defined by million-dollar budgets, multinational corporations and enormous development teams, commissioning a video game for just five dollars (well, CA$6.60) may seem a bit surreal.

The Conversation

Uniqlo, Gymshark and Lush stop hiring UK workers via gig economy apps

TUC criticise retailers for endangering workers’ rights by using apps such as YoungOnes and Temper

The Guardian - UK

Burning waste is not the way to move the UK towards a circular economy

A recycling target of 65% by 2035 won’t stop our reliance on incineration. The key lies in eco-design

The Guardian - UK

Austrian chancellor to resign after coalition talks collapse

Nehammer says his People’s Party would not support measures that it believes would harm the economy or new taxes.

Al Jazeera

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Trump tariffs would shrink the federal deficit, but also the economy, CBO says

The CBO estimated that more tariff revenue would help shrink the federal budget deficit by $2.7 trillion from fiscal years 2025 to 2034.

Fortune

The damning statistics that reveal the true cost of Brexit, five years on

SPECIAL REPORT: As January marks five years on from Britain leaving the EU, Alicja Hagopian and Kate Devlin explore its impact

The Independent UK

Our economic "vibecession" may be over

Pessimism appears to be subsiding among some Americans, surveys show

Salon

The Guardian view on a carbon-free economy: no just transition in sight – yet

Factory closures highlight the turbulent shift to a green economy, exposing political challenges and the urgent need for a equitable move to net zero

The Guardian - UK

‘I was left with nothing.’ Why apprentices are being pushed into the informal economy

In the UK, apprenticeships and training schemes are often seen as a gateway to skilled careers, providing invaluable hands-on training for service trade professions as varied as plumbing, engineering, accounting and hairdressing. But for many trainees, the financial realities of these programmes are driving them into the informal economy.

The Conversation

Asian Shares Rise, Defying Slow Wall Street Start To 2025

Hong Kong, Sydney and Taipei climbed, while Seoul surged nearly two percent higher despite deepening political uncertainty in Asia's fourth-largest economy.

Latin Times

3 Gig Economy Stocks Transforming the Workforce

Changing employment preferences and blending income opportunities with personal freedom have fueled the gig economy’s rapid growth. Thus, investors can explore stable gig economy stocks, DoorDash (DASH), Upwork (UPWK), and Fiverr (FVRR), which are transforming how work gets done. Read on….

StockNews.com

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Radio France Internationale

Traders reeling as fire destroys Ghana's largest clothes market

Ghana's informal economy has suffered an enormous blow after a fire engulfed the Kantamanto used clothes market in the capital on Thursday, destroying more than 100 shops and goods worth millions of the local cedi currency. Thousands of traders have lost their livelihoods.

The Independent UK

Workers torn after Bourbon Street reopens hours after blood stained the sidewalk: ‘My anxiety is at an all-time high’

EXCLUSIVE: Service industry workers tell Alex Woodward that New Orleans is failing to protect the people fueling the city’s critical tourist economy

Barchart

Dollar Gains on US Economic Strength and Euro Weakness

The dollar index (DXY00 ) Thursday rose by +0.79% to a new 2-year high. Signs of strength in the US economy boosted the dollar Thursday after weekly jobless claims unexpectedly fell to an 8-month low and after the US Dec S&P manufacturing PMI was revised higher. Also, weakness in the...

The Independent UK

James Carville admits why Democrats lost and he was wrong. He didn’t listen to himself

Voters see Democrats as ‘out to lunch’ on the economy and as caring too much about other issues, former Bill Clinton strategist argues

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The Guardian - AU

Why is the Australian dollar falling – and what does it mean for interest rates, travel and the economy?

Trump’s higher tariffs and any resulting weakness in China would keep the Aussie under pressure, economists warn

The Guardian - UK

Labour’s economic agenda has all the right ideas – but it’s a race against time to make it work

This government needs to reverse at least three decades of financial woes, and it needs to show progress before its plan gets Trumped, writes economist Michael Jacobs

MarketBeat

Why These 3 Stocks Are Set to Gain From a Bond Market Shift

The new path for the United States economy will be made more explicit by how bonds are performing currently. Wall Street analysts and institutions agree

The Guardian - UK

UK factory output falls at fastest rate since February amid tax rise fears

Pound drops to nine-month low against dollar after PMI for December signals further contraction in manufacturing

Evening Standard

Manufacturing industry shrinks at fastest rate in 11 months in ‘winter chill’

British factories reported concerns about rising business taxes and a weaker global economy, as the production industry contracted in December.

Latin Times

Cuban Military-Run Companies Have Stashed Billions in Profit as Humanitarian and Economic Crises Deepen

A new Miami Herald investigation reveals that companies run by Cuba's military have made billions of dollars in profit as 2024 worsened hardships in Havana.

International Business Times

Asian Stocks Begin Year On Cautious Note

Asian stocks began 2025 mostly in the red on Thursday after worries about US interest rates, tariffs, and China's economy gave Wall Street the holiday blues for a fourth straight session.

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