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The Latest Breaking News from Economy

The dollar index (DXY00 ) Wednesday rose by +0.33% and posted a 1-3/4 month high. Strength in T-note yields Wednesday was supportive of the dollar. Also, positive comments from Fed Vice Chair Jefferson boosted the dollar when he said the US economy is growing at a "solid pace." In addition,...

Barchart

Hurricane Milton's Potential Impact On US Economy

Hurricane Milton's projected impact on the US economy includes job losses, reduced GDP, and disruptions in various sectors.

Top News

Trump Leads Harris In Handling Economy, New Poll Shows

Gallup poll reveals Trump's lead over Harris in managing the economy, a crucial issue for voters in the 2024 election.

Top News

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Starmer warned EU reset plan to ‘make Brexit work’ not enough to save economy

Exclusive: Starmer’s chief negotiator says the prime minister is “ambitious” about resetting the UK’s relationship with the EU in a letter seen by The Independent

The Independent UK

Despite progress on poverty, Mexico’s first female president inherits a shaky economy

Mexico’s first female president, leftwing academic and climate scientist Claudia Sheinbaum, has set out her agenda. She pledged to maintain the social policies of her mentor and predecessor, the widely popular former president Andrés Manuel López Obrador (commonly known by his initials, AMLO).

The Conversation

People in the US: how do you feel about the economy and cost of living?

We would like to hear from Americans about their feelings about the US economy ahead of the November election

The Guardian - UK

Dollar Strengthens and Gold Falls on Higher T-note Yields

The dollar index (DXY00 ) today is up by +0.20% at a 1-3/4 month high. Strength in T-note yields today is supportive of the dollar. Also, positive comments from Fed Vice Chair Jefferson boosted the dollar when he said the US economy is growing at a "solid pace." In addition,...

Barchart

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Germany's Economy Faces Second Consecutive Year Of Contraction

Germany's economy faces challenges with a second year of contraction, impacting politics and reforms. Learn about the forecasted decline and the push for s...

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German Govt Sees Economy Shrinking Again In 2024

The German government slashed its 2024 forecast Wednesday for Europe's largest economy, saying it will contract for a second straight year before a recovery gets under way in 2025.

International Business Times

Germany's economy is on track to shrink for a second straight year

Germany's government says the country’s economy is on track to shrink for a second consecutive year

The Independent UK

Chinese stocks suffer worst fall in 27 years over growth concerns

Investors disappointed after hoped-for policy plans by Beijing to stimulate economy failed to materialise

The Guardian - UK

Trump is falsely blaming Harris for high prices. His plans will cause huge inflation

The pandemic, Russia-Ukraine war and corporate price-gouging have all contributed to inflation – not Kamala Harris

The Guardian - US

Wednesday briefing: Inside Labour’s plan to move the fiscal goalposts – and tackle debt

In today’s newsletter: Rachel Reeves calculates that changing debt rules could help boost the UK economy, but what does it really mean?

The Guardian - UK

Mozambique Elects New President In Tense Vote

Mozambique votes for a new president, governors and members of parliament on Wednesday as jihadist violence stalls natural gas projects that could bring a major boost to its morose economy.

International Business Times

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International Business Times

The US Economy Is Solid: Why Are Voters Gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

The Conversation

Is sustainable development possible? Only if we take a unified approach

With this year’s annual United Nations Framework Convention on Climate Change Conference of the Parties (COP29) summit set to take place in a little over a month in Azerbaijan, the world’s attention once again turns to climate change, resource security and the goals of sustainable development.

Barchart

Dollar Posts Modest Gains as T-note Yields Strengthen

The dollar index (DXY00 ) Tuesday rose slightly by +0.02%, supported by higher T-note yields. Also, hawkish Fed comments supported the dollar. New York Fed President Williams said the Fed is "well positioned" to pull off a soft landing for the US economy, and St. Louis Fed President Musalem warned...

AAP

Schools stoush rages on as teachers demand more funding

The teachers' union is calling for a ban on the implementation of a new schooling model until the federal government lifts its share of public school funding.

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The Guardian - UK

Reeves to press ahead with plans to borrow billions for investment

Exclusive: Chancellor’s plan to change rules to allow more borrowing comes as cost of government debt rises

The National (Scotland)

Sweden shows energy overhaul could boost Scottish economy, says Octopus Energy boss

THE industrial investment Sweden has attracted through introducing zonal energy pricing shows how much the Scottish economy could benefit from…

Barchart

Why Is the Fed Slashing Rates in a Strong Economy? Why Investors Are Worried And a 'Goldilocks' Jobs Report Is the Key

In September 2024, the Federal Reserve made a surprising move by slashing interest rates by 50 basis points—a bigger cut than most economists had predicted. While rate cuts are usually a sign of an economic slowdown, U.S. GDP remains relatively strong, leaving many market watchers puzzled. So, why the rate...

Barchart

Dollar Eases on Stock Market Strength

The dollar index (DXY00 ) today is down by -0.04% as a rally in stocks curbs liquidity demand for the dollar. Hawkish Fed comments limited losses in the dollar. New York Fed President Williams said the Fed is "well positioned" to pull off a soft landing for the US economy,...

Top News

Harris Edges Ahead Of Trump In Recent Poll Results

Vice President Kamala Harris leads Donald Trump in a new poll on representing change, but Trump maintains voter trust on key issues like the economy.

The Conversation

Trump and Harris are sharply divided on science, but share common ground on US technology policy

For the first time in American history, quantum computing was mentioned by a candidate during a presidential debate, on Sept. 10, 2024. After Vice President Kamala Harris brought up quantum technology, she and former President Donald Trump went on to have a heated back-and-forth about American chipmaking and China’s rise…

Kiplinger

It's Time to Make a Plan for Your Cash

While we are unlikely to return to the days of zero interest rate policy, cash and cash equivalents won't be the slam dunk they have been during the past two years.

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