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The Latest Breaking News from Economy

Another Liberal byelection loss shows once again that Justin Trudeau is the problem

“It’s the economy, stupid” was how James Carville, Bill Clinton’s strategist, famously summed up what he thought would be the central issue in the 1992 American presidential election.

The Conversation

South Africa’s move to green energy was slowed down by government to protect coal mining

South Africa’s Department of Mineral Resources and Energy was split in two after the 2024 general elections: Electricity and Energy and Mineral and Petroleum Resources. Part of the reason was to prevent conflicts of interest. Before the 2024 elections, the transition to renewable energy was at odds with the development…

The Conversation

Watch: David Lammy pledges Labour commitment to global clean energy transition

Watch as David Lammy detailed Labour's pledge to have the UK be the first major economy to deliver clean power by 2030.

The Independent UK

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Top Biden Aide Says US Economy At 'Turning Point'

The US economy is at an "important turning point," the top economic advisor to President Joe Biden said Monday, calling for safeguards to be put in place to protect gains made in the labor market, ahead of a key Federal Reserve interest rate decision.

International Business Times

Goldman Sachs: Harris Is Better For Americans Vs Trump—More Jobs, Increased Consumer Spending And More

A Goldman Sachs report revealed that Democratic nominee Kamal Harris's economic agenda is positioned to boost the US economy by creating more jobs, lowering living costs, and imposing tax hikes on conglomerates and the wealthy.

International Business Times UK

Trump And Harris In Tight Race As Election Day Nears

2024 election race heats up as Trump survives assassination attempt and Harris gains fundraising momentum. Tight race in battleground states with economy a...

Top News

How Much Will the Major Presidential Candidates Steal From You?

Neither Harris nor Trump has a plan to address national debt, but they dramatically differ on taxation.

Reason

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Interest Rate Cuts and Inflation: What's Really Going On?

For more than two years, we've heard a steady drumbeat of news highlighting inflation and its impact on interest rates. The correlation seems clear, but the issue is actually more complex.

Kiplinger

Latino GDP rises to $3.6 trillion, providing major boost to U.S. economy

Manufacturing alone contributed $457.4 billion to the Latino economy in 2022, marking a significant 48.4% year-over-year growth

Latin Times

Will the Federal Reserve cut interest rates fast enough to deliver a 'soft landing'?

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak

The Independent UK

Government urged to help as shipmaker Harland & Wolff prepares to enter administration – as it happened

Steps are now being taken to reduce headcount at Harland & Wolff, as board concludes the company is insolvent

The Guardian - UK

Asian stocks mixed amid weak China data after Wall Street closes the best week of 2024

Asian stocks are mixed with several key markets closed for a holiday, after U.S. stocks finished their best week of the year and climbed to the cusp of their records

The Independent UK

Scottish Government announces millions in funding for green hydrogen projects

UP to £7 million of Scottish Government funding has been announced to help kickstart green hydrogen projects across the country ...

The National (Scotland)

Asian Markets Wobble Ahead Of Fed As China Fears Dent Sentiment

Asian investors trod cautiously Monday as they struggled to build on recent equity gains, with debate swirling around how big an expected US interest rate cut will be this week, while sentiment was being dragged by worries about the Chinese economy.

International Business Times

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The Conversation

What would a second Trump presidency mean for the global economy?

Donald Trump inherited a strong economy from President Obama and managed it poorly.

inkl

AMZN in Focus: Can Amazon’s Stock Survive Rising Competition?

Amazon (AMZN), a global leader in technology and e-commerce, continues to be a focal point for investors in September 2024. After years of dominating the retail and cloud computing industries, the company's stock performance is closely watched as a barometer for both the technology sector and the broader economy. As…

AAP

Australian energy industry report slams Greens gas plan

A report commissioned by Australia's oil and gas industry says blackouts would hit millions of homes under a Greens gas investment plan.

The Guardian - UK

‘There’s something in the air’: UK airport expansion gears up for takeoff

Lobbyists are increasingly confident about expansion plans as concerns for the economy start to deepen

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news in one place.

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The Guardian - UK

Tory ‘economic competence’ led Britain to Black Wednesday. Never forget

The anniversary of Norman Lamont’s failure is a timely reminder to Labour not to have its fiscal agenda set by the opposition

The Guardian - UK

The Observer view on the UK economy: Labour is holding back when it should be bold

Ministers should stop wasting their time – and their hefty mandate – trying to make failed Tory policies work

The Guardian - UK

Ten years after the no vote, can Scotland engineer a case for independence?

The SNP is keen to keep the issue alive, but others, including former PM Gordon Brown, say leaving the UK could see the economy founder

The Guardian - AU

What’s causing China’s economic downturn and what does it mean for Australia?

Oversupply and deflation are spooking markets, while falling demand for coal and iron ore threatens to further hamper anaemic Australian growth

The Independent UK

Kamala Harris just gave her first solo interview as the presidential nominee. Here’s what we learned

Vice President Kamala Harris discussed the economy, gun control, and reaching undecided voters

The Independent UK

Gen Z leads drive to reverse Brexit

Exclusive: New poll shows support for taking a fresh look at Britain’s decision to leave the EU. Voters believe nearly everything has got worse as a result of Brexit, from the economy and cost of living to the NHS

The Independent UK

China's economy softens in August as Beijing continues to grapple with lagging demand

China’s economy softened in August, extending a slowdown in industrial activity and real estate prices as Beijing faces pressure to ramp up spending to stimulate demand

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