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The Latest Breaking News from Economy

Mario Draghi warns EU at risk without €800bn a year investment boost; Germany ‘facing three-quarters-long recession’– as it happened

‘For the first time since the cold war we must genuinely fear for our self-preservation,’ warns former ECB chief as he presents new report on European competitiveness

The Guardian - UK

Asian markets dip after Wall Street had its worst week in nearly 18 months

Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the U.S. job market came in weak enough to add to worries about the economy

The Independent UK

China Consumer Prices Edge Up To Six-month High In August

Chinese consumer inflation ticked up slightly in August to a six-month high, official data showed Monday, but the reading missed expectations and did little to soothe worries about sluggish spending in the world's number two economy.

International Business Times

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Asian Markets Tumble As US Jobs Data Stoke Recession Fears

Asian markets tumbled Monday after another batch of worse-than-expected US jobs data revived fears about a possible recession in the world's top economy.

International Business Times

Japan's economy is growing, but political uncertainty is among the risks

Japan’s economy grew at an annual rate of 2.9%, slower than the earlier report for 3.1% growth, in the April-June period, boosted by better wages and spending

The Independent UK

China laments ‘garbage time of history’ as economy comes off peak and growth model hits dead end, expert says

“The financial system itself is now constraining China’s economic growth rather than facilitating it.”

Fortune

What vibes? Trump economy was a mess

Trump's outrageous claims must not stand — Democrats have been far better at managing the economy since FDR

Salon

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Online gambling industry has negative impact on UK economy, says thinktank

Campaign for Fairer Gambling report claims betting ‘had the effect of reducing economic activity by £1.3bn per year’

The Guardian - UK

Treasurer backs inflation target, despite rates risk

Jim Chalmers has acknowledged there's tension between fiscal and monetary policy, but argues the government and the central bank have the same objective.

AAP

Despite all the doom and gloom on Australia’s economy, could the worst be behind us?

We hear about the ‘weakest growth in decades’ and being ‘smashed’ by the RBA, but positive tidings abound – if you want to look for them

The Guardian - AU

Trump Addresses Legal Cases At Wisconsin Rally

Presidential candidates intensify campaign efforts in battleground states, focusing on economy and legal battles.

Top News

Senate Candidate Eric Hovde Emphasizes Economy And Healthcare Concerns

Senate candidate Eric Hovde discusses the economy's impact on undecided voters and regional concerns like rising prices and crime rates.

Barchart

2 Ways to Invest in a 'Soft Landing' for Stocks

As the Federal Reserve aims for a 'soft landing' to tame inflation without harming the economy, regional banks are poised to benefit, and two ETFs, the iShares U.S. Regional Banks ETF (IAT) and the SPDR S&P Regional Banking ETF (KRE), offer a strategic way to invest in this sector.

Reason

How Inflation Breaks Our Brains

From salt riots to toilet paper runs, history shows that rising prices make consumers—and voters—grumpy and irrational.

The Independent UK

Why the mediocre jobs numbers might be a good thing for Kamala Harris

A weak employment report is just the latest sign that the Federal Reserve could offer some relief

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Kiplinger

Mixed Jobs Report Keeps Fed on Track for Rate Cuts: What the Experts Are Saying

The Fed will cut rates this month. The only question is by how much.

The Independent UK

Blinken visits Dominican Republic as talks with president focus on economy and Haiti's crisis

U.S. Secretary of State Antony Blinken and Dominican Republic President Luis Abinader have met behind closed doors to discuss human rights, economic prosperity and regional security

The Guardian - US

US economy adds 142,000 jobs in August as Fed plans to cut interest rates

S&P also suffered its worst week since 2023, and Nasdaq since 2022, with tech companies leading Friday’s sell-off

Fortune

Harris must awaken the nation from the 'sleeper effect' at the debate with Trump—and dispel the oft-repeated falsehood that the booming U.S. economy isn’t doing so well

Is the U.S. economy better than it was 4 years ago? Absolutely!

The Conversation

South Africa’s economy needs a shot in the arm, not austerity: 3 key areas where more public spending would get results

For the past 11 years the South African government has pursued a policy of austerity. In recent years, government has reduced per capita spending (adjusted for inflation) by significant amounts. Spending on public services, for example, health and education, for each member of the population has fallen since 2019, from…

International Business Times

Eurozone Second-quarter Economic Growth Revised Down

The eurozone economy's growth in the second quarter this year was slightly smaller than previously estimated after the EU's statistics agency on Friday revised its data.

International Business Times

App Helps Mexican Tortilla Makers Join Digital Economy

Long marginalized by the banking industry, Mexico's neighborhood tortilla producers are cautiously embracing financial technology, in a country where cash is still king for many.

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