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The Latest Breaking News from Economy

China Posts Disappointing Growth As Officials Hold Key Meeting

China posted lower than expected growth in the second quarter on Monday, with all eyes on how top officials gathering for a key meeting in Beijing might seek to tackle the country's deepening economic malaise.

International Business Times

Stock market today: Asian shares are mixed as China reports its economy grew 4.7% in last quarter

Asian shares began the week trading mixed as China reported that its economy expanded at a 4.7% annual pace in the last quarter

The Independent UK

China's economy slowed in the last quarter as weak consumer demand dragged on growth

China says its economy expanded at a slower-than-forecast 4.7% annual rate in the last quarter

The Independent UK

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China's Leaders To Meet, With All Eyes On Struggling Economy

Top Chinese officials gather in Beijing on Monday, with all eyes on how they might kickstart lacklustre growth at a key political meeting that has historically seen officials unveil big-picture economic policy changes.

International Business Times

President Biden To Be Interviewed On BET By Ed Gordon

President Joe Biden's exclusive interview with BET's Ed Gordon covers key topics like his fitness for office, the economy for Black families, Project 2025,...

Top News

Ask Fuzzy: What is the 'circular' economy?

Why is the goal still so far away?

The Canberra Times

U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarms bells piling up

June saw 75 filings, up from 62 in May and above the pandemic-era peak of 74 in July 2020, according to S&P Global Market Intelligence.

Fortune

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Biden and Trump Hope to Tip the Election Scales With Working-Class Proposals

Competing visions on tipping policies highlight the differences in the candidates’ approaches to winning over working-class voters—but neither will provide much benefit.

Reason

Why Did Americans Stop Caring About the National Debt?

Both parties—and the voters—are to blame for the national debt fiasco.

Reason

Pakistan Reaches $7 Bn Aid Deal With IMF

The International Monetary Fund said it reached a new $7 billion loan deal with Pakistan in a bid to bolster its faltering economy.

International Business Times

Aussie 'FinFra': Magic wand for technology trailblazers

Australia faces a deadline for decommissioning the decades-old payments system for handling wages, bills and welfare as the velocity of the economy increases.

AAP

Labour will try to blame the Tories for tough spending decisions

Party leadership plans to stay in campaign mode and make sure public is aware how much ex-government has tied its hands

The Guardian - UK

Biden's exceptional economic performance

Joe Biden's administration has been incredibly successful at steering the economy away from recession

Salon

US Wholesale Inflation Increases In June

Learn about the recent rise in wholesale inflation in the US and its potential impact on the economy and consumers.

Top News

US Inflation Slows In June, Signaling Easing Price Pressures

Learn about the recent slowdown in inflation in the US and its implications for the economy. Monitoring inflation rates is crucial for informed decision-ma...

Fortune

U.K. has 'far more millionaires than it deserves' as 500,000 to flee to Italy and Spain

The U.K. will lose 17% of its millionaires in the coming years, but the country's government shouldn't worry.

The Independent UK

Healthier economy may delay interest rate cuts in a blow for borrowers

The Office for National Statistics said gross domestic product, or the output for the economy, increased by 0.4 per cent in May

Latin Times

Markets Track Wall St Records After Powell Hints At Rate Cut

The advances also saw Hong Kong and Shanghai push higher after struggling in recent weeks over worries about the Chinese economy, with investors awaiting a key Communist Party meeting next week.

The Guardian - UK

UK politics: minister cites ‘strict spending controls’ amid calls to scrap two-child benefit cap – as it happened

Environment secretary Steve Reed says Labour must ‘stabilise the economy after 14 years of Conservative chaos’

The Guardian - UK

Environment secretary says water bill rises ‘result of years of failure,’ utilities sign up to reforms – as it happened

Clean water campaigner Feargal Sharkey accuses Ofwat of ‘utter disregard for customers and environment;’ US inflation falls more than expected to 3%

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