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The Latest Breaking News from Economy

OPINION - On economic growth, Keir Starmer sounds more like Liz Truss than Jeremy Corbyn

I have no ideological aversion to defences of Liz Truss. We all have our foibles, after all. But the one argument I won't accept is that, in going gung-ho for growth, she at least identified the right problem. I mean, pointing out that the British economy has been in a…

Evening Standard

Russians Shrug Off Sanctions On Dollar, Euro Trading

Russians on the streets of the capital shrugged off new US sanctions on dollar and euro trading Thursday, claiming they had no need for Western currencies in their heavily targeted economy.

International Business Times

OPINION - The Standard View: Keir Starmer wants to grow the economy. The question is: how?

Election campaigns are full of “moments”. Some are unscripted and unforeseeable, such as a Tory Prime Minister who is facing a populist threat to his Right, volunteering to leave D-Day commemorations early in order to do a pre-recorded interview. Others, such as Labour’s manifesto launch, are more expected.

Evening Standard

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Gallup Poll Shows Unhappy Workers May Hurt Global Economy

A poll by Gallup showed that negative daily emotions at the workplace can have an impact on the global GDP.

International Business Times

Wholesale Prices Fall, Offering More Good News On Inflation

For the second consecutive days the U.S. economy received good news on the inflation front in the form of government data, with Thursday's drop indicating an unexpected decline in wholesale prices in May.

International Business Times

UK's Labour Pitches For Power With 'Wealth Creation' Pledge

Britain's Labour party launched a "manifesto for wealth creation" Thursday, pledging to get the economy firing again if it wins power in next month's election after 14 years in opposition.

International Business Times

Labour offering ‘austerity painted red’, says Plaid Cymru at manifesto launch

Party focuses on economy with founding goal of Welsh independence absent from leader’s opening remarks

The Guardian - UK

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Global Economy Suffers Due To Low Employee Engagement

Discover the impact of employee engagement on global economy and individual well-being, as highlighted in a recent report.

Top News

Weakness creeping into labour market as hiring slows

Australia's labour market is slowly softening but the Reserve Bank is unlikely to be bothered by the latest jobs numbers ahead of its next board meeting.

AAP

Rishi Sunak declares he has not given up after minister warns of Labour ‘supermajority’

Defence secretary Grant Shapps effectively concedes defeat forcing the prime minister to say he still believes the Tories can win election

The Independent UK

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Barchart

Time to Buy: iShares MSCI Brazil ETF Hits Another 52-Week Low

The iShares MSCI Brazil ETF hits its 16th 52-week low of the past 12 months in early Wednesday trading. One of only three ETFs hitting a 52-week low compared to 249 hitting a 52-week high. It’s time to buy EWZ.

The Guardian - AU

Obsessing over the inflation rate misses one key point: the economy is more than just how fast prices are rising

Those who salivate over other nations’ interest rates with barely any care for people losing their jobs really need to think about their priorities

Fortune

The workers are not alright: Most employees are quiet quitting and it's costing the global economy trillions

“Quiet quitting” is far from over.

Radio France Internationale

Senegal joins oil-producing nations with launch of first offshore field

Senegal has joined the ranks of oil-producing nations with Australian company Woodside Energy on Tuesday announcing the start of production in the West African country's first offshore project.

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France 24

More than an art form: In Cape Verde, music boosts economy and tourism

In Cape Verde, music is more than just an art form – it is central to the country's national identity and economy. Experts estimate that around a quarter of all jobs in the archipelago are in some way linked to the music industry. The most famous Cape Verdean singer of…

Fortune

U.K.’s legion of missing workers and quiet quitters is costing the economy nearly $400 billion, adding to a productivity crisis it can’t seem to escape

No one wants an economy that punches below its weight when it comes to productivity as it undermines economic resilience to big shocks.

Caixin Global

German Electric-Aircraft Maker Sets Up APAC Headquarters in Shenzhen

Lilium, which makes vertical takeoff and landing vehicles, joins EHang and Shanghai AutoFlight in the southern metropolis as the city seeks to boost its low-altitude economy

Kiplinger

Where to Invest For The Rest of 2024

Kiplinger examines ideas of where to invest for the rest of the 2024 year.

The Independent UK

UK economy flatlined in April in a blow to the governing Conservatives ahead of the July 4 election

The British economy failed to grow in April in a blow to Prime Minister Rishi Sunak who has made the return of growth a central pillar of the Conservative Party’s election campaign

The National (Scotland)

UK economy shows no growth in April in latest blow to Rishi Sunak

THE UK economy recorded no growth in April after wet weather dampened consumer spending, according to the Office for National Statistics, in a…

Evening Standard

Brexit betrayal: Leave voters turn against UK government over broken promises on borders and economy

Leave support...has basically gone back to being extremely doubtful about our politicians, says polling expert Sir John Curtice

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