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The Latest Breaking News from Economy

OPINION - Rachel Reeves embraces optimism – but the sting will be in the Budget

In early August 1979, Peter Cropper, a special advisor to newly-installed chancellor of the exchequer, Geoffrey Howe, sent a memo to colleagues. They should, he warned them, "stop being so downbeat. The world economy may be gloomy but there's absolutely no need for us to be gloomy."

Evening Standard

Grangemouth job losses are a stark reminder of the cost of a greener industrial future

The recent announcement that Grangemouth oil refinery in central Scotland will close next year marks a notable moment in the energy transition towards net zero.

The Conversation

Asian Stocks Boosted By US Rate Cut, China Stimulus Hope

Traders greeted the first reduction in borrowing costs since 2020 by pushing the Dow and S&P 500 to record highs as they contemplated a soft landing for the world's top economy.

Latin Times

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Decode: Legacy – Blending Entertainment, Education, Societal Benefit In An Immersive Homage To Crypto

Decode: Legacy was one of the key events that crypto enthusiasts looked forward to at Token2049 in Singapore – dubbed as the world's "first crypto-themed immersive theater." The creative event broke the barriers for non-crypto natives to learn about the rich history of crypto and its potential in the new…

International Business Times

Budget uncertainty is weighing on UK economy, say businesses

Private sector activity growth slows for second consecutive month, hitting services and manufacturing

The Guardian - UK

Stocks Set to Open Higher as Investors Await Key U.S. Inflation Data and Fed Speak

December S&P 500 E-Mini futures (ESZ24) are up +0.19%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.25% this morning as market participants looked ahead to speeches from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the…

Barchart

Stocks Set for Muted Open as Investors Await Key U.S. Inflation Data and Fed Speak

December S&P 500 E-Mini futures (ESZ24) are up +0.08%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.16% this morning as market participants looked ahead to speeches from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the…

Barchart

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Things only going to get worse on economy, say half of Brits as Keir Starmer honeymoon seems over

The Ipsos survey showed a sharp fall in optimism since the General Election in July

Evening Standard

Labour conference: Cutting winter fuel payments ‘right decision’, says Reeves, as No 10 says no change to council tax discount for single people – as it happened

Chancellor says £22bn gap in current spending budget and state pension rise meant she had to make decision on means-testing fuel payments

The Guardian - UK

Asian stocks climb after Wall Street closes its record-setting week mixed

Asian stocks are mostly higher, supported by key rate decisions last week from the U.S. Federal Reserve, Japan, and China

The Independent UK

National parks boost Scottish economy by £700 million each year

NATIONAL parks can “deliver improved public well-being” for both visitors and locals, a new report has found, with the study adding that…

The National (Scotland)

After vowing to restore Japan’s economy, Kishida leaves unfinished business

Japanese leader’s ‘new capitalism’ produced some positive results but daunting economic challenges remain, analysts say.

Al Jazeera

Vice President Harris To Outline 'Opportunity Economy' Vision

Vice President Kamala Harris to deliver a speech outlining her 'Opportunity Economy' vision, focusing on investing in American aspirations and addressing e...

Top News

Supporters In New York Rally For Trump's Return To Office

Trump rally in Uniondale, NY addresses immigration, crime, economy, and political concerns among supporters.

The Conversation

What are the political consequences of austerity? A history lesson for Keir Starmer

The British government has argued that a black hole exists in the public finances to the tune of £22 billion in this financial year. It claims that dealing with this will involve a period of fiscal restraint, which usually means spending cuts.

International Business Times

Germany Shuts Down 47 Crypto Exchanges 'Used For Criminal Purposes'

Germany has shuttered 47 crypto exchanges that it said had links to the "underground economy" and offered unregistered services that had lacking security and anti-money laundering measures.

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