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The Latest Breaking News from Economy

Jamie Dimon believes U.S. public debt is the ‘most predictable crisis’ the economy faces—and yet in just 3 months America has added $2.1 trillion to its tab

Debt held by the public will rise from 99% of GDP this year to 122% by 2034—surpassing its previous high of 106% in 1946 at the end of the Second World War.

Fortune

UK general election 2024: What are the key issues shaping the vote?

Candidates promise to fix Britain’s domestic woes as the top two parties look set to lose votes over Gaza positions.

Al Jazeera

Conservatives announce crackdown on councils restricting pub, club and music venue openings

The Tories plan to launch a comprehensive review of licensing laws, planning rules and other ‘red tape’

Evening Standard

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Retail sales surge past expectations in latest signs of UK economic turnaround

The clearest signs yet that the UK’s economy has turned a corner emerged today as a flurry of fresh data pointed to robust consumer demand and renewed optimism over growth prospects.

Evening Standard

Stock market today: Asian shares mostly decline as Nvidia weighs on Wall Street

Asian shares are mostly lower after a retreat on Wall Street, where a drop in Nvidia stock pulled stocks lower

The Independent UK

‘It felt like bad news after bad news’: why record numbers are leaving New Zealand

Many young people are lured by hopes of better opportunities in Australia as experts worry a soft economy means departing Kiwis may not come back

The Guardian - AU

I was a Tory minister – but I think we need a Labour government

Rishi Sunak’s decision to side with climate deniers isn’t just wrongheaded; it’s costing our environment and our economy, says former energy minister Chris Skidmore

The Guardian - UK

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Supreme Court Upholds Tax On Foreign Income

Supreme Court's decision to uphold tax on foreign income impacts global businesses and reinforces tax compliance in a globalized economy.

Top News

The economy: how 14 years of Tory rule have changed Britain – in charts

The effects of austerity, Covid, war and the cost of living crisis are still haunting government and domestic finances

The Guardian - UK

Biden overtakes Trump in Fox News poll amid increased economic optimism

The incumbent leads the former president 50%-48% in a two-way race and 43%-42% in a five-way race

Latin Times

Russia-Ukraine war: Mark Rutte set to be next Nato head after rival withdraws – as it happened

Dutch politician has long been considered to be frontrunner for role

The Guardian - AU

Immigrants help sustain job growth as inflation cools, economists say

Goldman Sachs told that to their clients in a note.

Latin Times

PM Modi Wants India To Be A Developed Country By 2047; Analysts Reveal 4 Things He Should Focus On To Be Successful

India's new coalition government aims to boost infrastructure and manufacturing, combat unemployment, and attract foreign investments amidst economic challenges.

International Business Times UK

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Bored Panda

The “Fluent In Finance” Online Group Shared These 40 Funny Posts Summing Up Our Financial Status

If you want to find out what people think of the economy and how they're navigating its challenges, the subreddit r/FluentInFinance is the place to jump into. This vibrant community is a hub for insightful discussions, advice, and, most importantly, memes. The post The “Fluent In Finance” Online Group Shared…

International Business Times

Germany's Coalition In Impasse Over 2025 Budget

Chancellor Olaf Scholz's Social Democrats (SPD), the Greens and the liberal FDP, who came to power in 2021, have until July 3, the end of the current parliamentary term, to reach a compromise.

The Guardian - UK

Pound falls as UK interest rates left on hold in ‘finely balanced’ decision – as it happened

Bank of England leaves interest rates unchanged despite inflation falling to its 2% target yesterday

The Conversation

Gig platform workers need better health and well-being protections

The rise of technology in the workplace, labour market deregulation and the decline in union representation have all significantly impacted the occupational health and safety field.

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The Guardian - UK

The Guardian view on GDP: a poor measure of what matters in Britain’s economy

Editorial: The public doesn’t understand how economic growth is measured, let alone enjoy much of it. So why is it central to this election?

The Guardian - UK

Labour is offering a credible plan to address Britain’s economic problems

Letter: Leading economists and policy experts believe the ambitious reforms proposed by Keir Starmer and Rachel Reeves will help grow the economy

Capital & Main

Reimagining Economic Possibilities After the Pandemic

In The Guarantee, Natalie Foster discusses how the pandemic spurred bold economic reforms and highlights the need for ongoing advocacy to ensure a more fair economy.

The Guardian - AU

Households are hurting. Savings are weak. The future’s uncertain. Is a rate cut near?

While some like to suggest another hike is needed, the RBA is not so quick to dismiss the pain the economy is already feeling

StockNews.com

3 Momentum Stocks to Ride the Bull Market

Despite persistent fears around high interest rates, the economy continues to perform well thanks to strength in the labor market, steady consumer spending, and strong industrial production. Given bullish market trends, it could be wise to invest in fundamentally sound stocks Progressive Corporation (PGR), Energy Transfer (ET), and Williams Companies…

The Guardian - UK

How can better diets bring benefits to people and the economy?

With rising levels of obesity and diabetes across the UK, it’s vital to encourage people to eat a healthier diet. As part of this drive, leading experts in food, health and nutrition gathered together for a roundtable discussion. Here’s what they had to say …

Top News

Malaysia And China Strengthen Trade And Economic Ties

Premier Li Qiang's visit to Malaysia strengthens trade ties, with agreements on durian exports, digital economy, and infrastructure projects like the East ...

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