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The Latest Breaking News from Economy

Australian Budget Faces Revenue Impact From Slowing Global Economy

Learn about how the slowing global economy is impacting Australia's budget and economic outlook. Find out how the government is navigating challenges and m...

Top News

If Tory hopes rest on the UK economy, they could go the way of the monasteries

Three key economic indicators loom large but none offer great hope for the Conservatives’ survival

The Guardian - UK

Global Economy At Risk Of Stagnation In 'Tepid Twenties'

Global economy risks stagnation in 'Tepid Twenties' with US resilience and policy recommendations.

Top News

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Tamil Nadu’s economy expected to grow at 8.08% to 10.69% in 2024-25, says study

Tamil Nadu's economy projected to grow at 8.08% to 10.69% in 2024-25, outperforming India, despite global fluctuations.

The Hindu

Should the Bank of England cut interest rates with Britain’s economy in bloom?

The UK is expected to come out of recession, but it would be wise not to expect a reduction any time soon

The Guardian - UK

Don't like Biden's economy? OK, but ...

Authoritarians always screw up the economy — come to think of it, GOP presidents have done that for decades

Salon

EAM Jaishankar rejects Joe Biden's 'xenophobia' comment

Jaishankar rejects Biden's xenophobia claim, defends India's economy and open society amid IMF growth forecast.

The Hindu

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April Jobs Market Report -- A Game Changer For The Fed?

U.S. job growth cooled off in April, which changed the narrative for the U.S economy, but it may not change the game for the Federal Reserve.

International Business Times

Jobs Growth Slows in April: What the Experts Are Saying

Slower jobs growth and easing wage pressures are good news for rate cuts.

Kiplinger

Biden Criticizes Japan And India For Xenophobic Immigration Policies

President Biden criticizes Japan and India's immigration policies, highlighting the role of immigrants in the U.S. economy and global relations.

Top News

US Jobs Report Signals Possible Turning Point For Economy

U.S. job growth was significantly lower than expected in April, perhaps signaling a reversal in employment trends that have been hurting the Federal Reserve's fight against inflation.

International Business Times

Massachusetts Court Battle Over Gig Workers' Status

Legal battle in Massachusetts over gig workers' classification for Uber and Lyft could reshape the gig economy landscape.

Top News

FTSE 100 Live 3 May: Index above 8200 for new record, Trainline and Anglo American climb

The FTSE 100 index continues to make progress after posting a new record ahead of key figures on the health of the US economy.

Evening Standard

American Economy Shows Resilience With Strong Job Growth In April

American economy adds 233,000 jobs in April, maintaining strength despite inflation concerns. Job market remains robust with unemployment rate at 3.8%.

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The Guardian - UK

Concerns as cross-sex hormones available online for just £11 a month

Experts fear children questioning their gender may turn to hidden economy to obtain hormones illegally

Top News

US Productivity Slows In First Quarter

Learn about the recent slowdown in US productivity and its implications for the economy.

Evening Standard

OPINION - Rishi Sunak's 'comeback narrative' collides with economic reality

"Was in the slow lane. Still in the slow lane. Will remain in the slow lane." The laconic words of Jonathan Prynn, the Standard's business editor, summarising (off the record but oh well) today's report by the Organisation for Economic Co-operation and Development (OECD), which forecasts that the UK will be…

The Guardian - UK

OECD forecasts will be blow to Sunak’s claims UK economy is improving

UK’s growth will be least in G7 by 2025, OECD expects, as low business investment and multiple pressures bear down

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Top News

Japan's .6 Billion Yen Intervention On May 1

Japan's recent .6 billion intervention in the foreign exchange market aimed to stabilize the yen's value and protect its export-driven economy.

International Business Times

OECD Lifts 2024 Growth Forecasts, Driven By US

The OECD raised its global economic growth forecast for 2024 on Thursday, driven by strong performances in the United States and emerging countries while Europe lags behind.

France 24

Europe sees slide in foreign direct investment, EY survey shows

The number of foreign direct investment projects in Europe fell 4 percent in 2023 compared to the previous year, the first decline since the pandemic. Germany was hit particularly hard with a 12 percent drop in FDI projects, amid concern over its economic slowdown and energy security. France's tally fell…

WEKU

Voters in this 'boomerang' county say they're nostalgic for the Trump economy

Voters in Northampton County, Pa., say they remember having more money when Donald Trump was in office. But when it comes time to cast their ballots this year, other issues are at play too.

Al Jazeera

OECD lifts global growth outlook as US, China outperform expectations

Paris-based organisation predicts global economy to expand by 3.1 percent this year and 3.2 percent in 2025.

AAP

Global body warns Australia on interest rates, NDIS

Services inflation, the Chinese economy and household consumption are sources of uncertainty hanging over the OECD's economic growth forecasts for Australia.

Top News

OECD Upgrades Global Growth Outlook With U.S. Outperformance

OECD upgrades global growth forecast due to strong US performance, projecting 3.4% growth in 2021 and 4.0% in 2022. Risks remain despite positive outlook.

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