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The Latest Breaking News from Economy

What can lipstick and underwear sales tell us about the economy?

Some look beyond typical metrics like GDP and job data, but these alternatives shouldn’t be taken seriously

The Guardian - US

The baby bust: how Britain’s falling birthrate is creating alarm in the economy

Costs, the climate crisis and choice are all factors in a demographic revolution presenting huge challenges for government

The Guardian - UK

Nippon Steel Fight Points To Industry's Uncertain Future In Pennsylvania

Nippon Steel's proposed acquisition of United States Steel has been a source of unease in Pittsburgh, where the metal once dominated the economy and still looms large in the collective psyche.

International Business Times

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Unlocking $12 Trillion: How Empowering Women Entrepreneurs Can Transform the Global Economy By 2025

Women control 40 per cent of the world's wealth, and have been doing so progressively throughout the 20th century.

International Business Times UK

Mongolia Ruling Party Wins Reduced Majority In Vote Dominated By Graft

Mongolia's ruling party emerged from this week's polls with its parliamentary majority significantly diminished Saturday, local media said, after a campaign dominated by graft fears and the state of the economy.

International Business Times

3 China Stocks to Buy Before June Ends

As China's economy shows signs of steady recovery fueled by resilient exports and strategic policy measures, it might be an opportune time to own three quality Chinese stocks, Tencent Holdings Limited (TCEHY), NetEase (NTES), and JD.com (JD), before June ends. Read on….

StockNews.com

3 ways to build trust with employees in an uncertain economy

Companies should offer psychological safety, says Marie Unger, CEO of organizational development firm Emergenetics.

Fortune

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Kenya unrest: the deep economic roots that brought Gen-Z onto the streets

The generation of Kenyans born between 1997 and 2012 – the Gen-Zs – have borne the brunt of the country’s slow economic growth. If a country has slow economic growth, it typically experiences higher unemployment rates, reduced income levels and decreased investments. It leads to an overall lower living standard.

The Conversation

Dollar Slightly Higher on US Economic Strength

The dollar index (DXY00 ) today is up by +0.05%. The dollar today recovered from early losses and posted modest gains on signs of strength in the US economy after the Jun MNI Chicago PMI rose more than expected to a 7-month high and the University of Michigan US Jun...

Barchart

Consumer Inflation Remains Flat As Annual PCE Hits Lowest Mark In Over Three Years

The U.S. economy got some good news on the inflation front Friday as fresh data saw the personal consumption expenditures (PCE) price index hit its lowest annual rate in May in over three years.

International Business Times

Federal Reserve's preferred inflation gauge shows price pressures easing further

A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease

The Independent UK

Next PM likely to inherit improved economy after UK growth revised up

Updated quarterly GDP confirms UK was fastest-growing economy in G7 with consumer confidence returning

The Guardian - UK

Biden Falters In Fiery Debate With Trump

A halting Joe Biden struggled Thursday to allay concerns he is too old for a second term in the White House in a fiery debate with Donald Trump marked by personal insults. A bombastic Trump lashed out at his successor, calling him a failure on the economy and the world…

International Business Times

£100m triple economic boost from Glastonbury, Pride and the Euros

Sun out for weekend of celebration that is expected to provide a boost to the UK economy

Evening Standard

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Latin Times

UK Economic Recovery Improves As Election Looms

Gross domestic product expanded by 0.7 percent in the first three months of this year, the Office for National Statistics (ONS) said in a statement, upgrading the prior estimate of 0.6-percent expansion and beating market expectations for no change.

Evening Standard

Race out of recession picks up speed but house prices fall as mortgage time bomb ticks

Growth revised higher for the first quarter but millions face end of fixed-rate deals

The Guardian - UK

UK growth revised higher in boost to next government; risk premium on French debt highest since 2012 – as it happened

UK GDP rose by 0.7% in January-March, according to the latest quarterly national accounts which show the state of the UK economy

Al Jazeera

Growth, inflation, jobs: Biden and Trump’s economic records compared

US voters view the economy as their top priority ahead of the November presidential election.

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news in one place.

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Al Jazeera

Mongolians vote amid anger over corruption, sluggish economy

Ruling Mongolian People’s Party expected to win another term despite concerns over its rule.

Tom’s Guide

I drove a Hyundai Elantra Hybrid for a week — and I’ll never buy a gas-only car again

If value is your thing, I learned you'll get plenty of it after driving the Hyundai Elantra Hybrid Limited for a week. This hybrid car gets a combined fuel economy of 50 mpg, while offering the same basic safety and advanced features found in pricier EVs and PHEVs.

Fortune

Former President Donald Trump’s debate reelection bid relied on a callback to Reagan’s 1980s America

Trump seemed to be aiming for a Reaganesque economic revival in his reelection bid during the CNN debate against President Joe Biden.

Top News

US Economy Shows Strong Growth Despite Inflation Concerns

US economy performing well with challenges of high inflation and interest rates.

The Conversation

What’s next for the Climate Change Authority under Matt Kean’s leadership?

The appointment of high-profile New South Wales Liberal politician Matt Kean to chair the Climate Change Authority has sparked questions about what this body does. How does it influence climate policy in Australia?

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