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The Latest Breaking News from Economy

Going full-fibre on UK broadband could net the country billions

Speedier broadband connections are set to boost the UK’s economy and reduce emissions.

TechRadar

China is expanding visa-free entry to more countries in bid to boost economy

China is going to expand visa-free entry to citizens of nine more countries as it seeks to boost tourism and business travel to help revive a sluggish economy

The Independent UK

German GDP Downgraded In New Blow For Struggling Economy

German third-quarter growth was downgraded Friday with official data showing it expanded even more weakly than previously thought, in a new blow for Europe's top economy as it battles multiple headwinds.

International Business Times

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Americans Think Inflation, Not Immigration, Should be Trump's Priority During his First 100 Days in Office

A new Reuters/Ipsos poll showed inflation, immigration and the economy as the top issues voters think Trump should handle as soon as he assumes office.

Latin Times

Irish Economy Faces The Test Of Trump's Protectionism

With a general election next week, Ireland and its 5.4 million inhabitants fear finding themselves in the eye of a protectionist storm promised by incoming US president Donald Trump.

International Business Times

5 common misconceptions about women and entrepreneurship

Women entrepreneurs are essential for the Canadian economy, a fact recognized by the government’s Women Entrepreneurship Strategy. This strategy was launched in 2018 and has seen nearly $7 billion be put toward supporting women-owned businesses in Canada.

The Conversation

Illegal mining clampdown in South Africa: treating desperate people like criminals is an injustice – legal scholar

Illegal artisanal gold mining in South Africa is in the spotlight again. Under Operation Vala Umgodi (“plug the hole”), South African authorities have since December 2023 been trying to disrupt the illicit gold mining economy by cutting off water, food and other supplies to the miners working underground.

The Conversation

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Federal Reserve's Rate Cut Plans In Flux Due To Economy

Federal Reserve's cautious approach to interest rates influenced by strong economic reports and Trump's policies.

Top News

Why Trump’s racism isn’t an issue – or enough of one – for some voters of color

Experts warn assuming minority groups will reject a racist candidate ignores nuance, particularly on the economy

The Guardian - US

Inflation, China’s stumbling economy, and apocalyptic fear are driving a new gold boom. Investors think this time there’ll be no bust

Elko, Nev., site of the largest gold mine in the world, bears little resemblance to the gold rush town it once was.

Fortune

Civil War Economy Hits Myanmar Garment Workers

As civil war pounds Myanmar's economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.

International Business Times

Australia took its interest rate medicine – and it has poisoned our living standards

Even as we spent less, the Reserve Bank kept raising rates – and now household disposable income is back to what it was in 2015

The Guardian - AU

Navigating AI Transformation: Insights From M&A Expert Brett Davis Of Continuum Advisors

With AI projected to contribute $15.7 trillion to the global economy by 2030, 77% of businesses reported either using or exploring the use of AI in their strategies, with 83% making it their top priority.

International Business Times

How The Heavier Weight Of EVs Affects Tire Choice And Performance

This is a sponsored article from our partners at ERANGE EV.Today’s tires are a marvel of engineering, providing thousands of miles of useful life, a quiet ride, fuel economy benefits, and more. Tire manufacturers offer products for a range of vehicle types and uses, including tires made specifically for electric…

InsideEVs

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The Independent UK

Viral posts claim stimulus checks are on the way. Here’s what you should know

False rumor comes after exit polls revealed the economy was the biggest issue to almost one third of voters

The Independent UK

Ford to cut 4,000 jobs in Europe, cites disruptive shift to electric vehicles, economic headwinds

Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars

The Independent UK

Financial statements from Grangemouth owner give ‘distorted picture’, says union

Unite Scotland’s regional secretary Derek Thomson made his comments as he appeared before Holyrood’s Economy and Fair Work Committee.

Evening Standard

OPINION - The Standard View: Inflation – the incumbent killer – has still not entirely gone away

It is the incumbent killer, from Joe Biden to Rishi Sunak: inflation. Voters will put up with stubborn unemployment and low growth, but they absolutely hate rising prices. Labour has had the good fortune of coming to office as inflation had fallen back to target, a far cry from the…

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Al Jazeera

From far-right gains to the economy: What’s at stake in Germany’s election?

Germans will head to the polls early next year after the coalition led by Chancellor Olaf Scholz collapsed.

Fortune

Goldman Sachs tells investors Trump’s tariffs pose a major ‘event risk’ and to expect slower growth in 2025

The investment bank forecasts 11% growth in the S&P 500 next year and warns the economy will be pulled in two different directions.

The Conversation

The NT and ACT might have small populations but their economies are growing faster than the bigger states

The Northern Territory and Australian Capital Territory have won bragging rights for having the fastest growing economies within Australia.

The Conversation

Budget update will revise down company tax receipts but treasurer Chalmers welcomes economy’s ‘soft landing’

Next month’s federal budget update is expected to revise down company tax receipts for the first time since 2020, amid continued low economic growth in the near term.

The Times of India

'Looking forward to ... ': Mitchell Marsh on facing R Ashwin and Ravindra Jadeja

NEW DELHI: Australian all-rounder Mitchell Marsh has expressed admiration for India's experienced spinners, Ravichandran Ashwin and Ravindra Jadeja, acknowledging their world-class abilities.

The Guardian - AU

Dutton’s position on international student caps ‘utterly reckless’, Giles says – as it happened

This blog is now closed

The Conversation

Canadians are much more pessimistic about money than Americans, new survey shows

The mood of Americans has been a hot topic in the news lately, especially following the recent United States presidential election. Enter the term “vibecession,” which describes the disconnect between people’s personal financial situations and the broader economy.

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Stanley Druckenmiller

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