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The Latest Breaking News from Economy

Biden unveils election battle plan: 'Bidenomics'

WASHINGTON - President Joe Biden is making a big bet on the US economy powering him to re-election next year with the unveiling of a "Bidenomics" pitch to voters this week.

Bangkok Post

Thai exports expected to improve in H2

Thai export prospects should improve in the second half of this year as the global economy recovers and conditions are enhanced among trading partners, says the Commerce Ministry.

Bangkok Post

Stocks Rally on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.15%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.63%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.75%. Stocks rose on tech-stock leadership, with the Nasdaq...

Barchart

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Jobs for all transgender persons to match qualifications in three years: Minister

The Social Justice Department has joined hands with the Kerala Knowledge Economy Mission to ensure financial security generated by employment to all transgender persons in the State, Minister for Social Justice R. Bindu has said.

The Hindu

Walgreens aims to cut more costs amid weaker demand for COVID vaccines, uncertain economy

Walgreens Boots Alliance is raising its cost-savings goal by 17% to $4.1 billion after a disappointing quarter — a move that comes just weeks after it said it was eliminating 10% of its corporate workforce.

Chicago Tribune

Scotland urgently needs a wellbeing economy. Here's why now's the time for one

The Wellbeing Economic Approach is one of the most topical policy issues in the world. Nowhere more so than in Scotland where wellbeing has risen up…

The National (Scotland)

Bank of England’s quantitative easing scheme let ‘inflation take root’

UK economy became reliant on cheap money due to the Bank’s actions, warns former permanent secretary to the Treasury

The Guardian - UK

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Cuban entrepreneurs get business training from the US, and hope that Biden lifts sanctions

The Cuban government opened the door to the creation of more small- and medium-sized businesses in September 2021

The Independent UK

Embracing ‘Bidenomics’ term, president seeks credit for economy

Biden will give a speech Wednesday seeking to take credit for the economy at a time when the public may not feel better off.

Roll Call

Stocks Higher on Resilient U.S. Economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. Stocks are higher on tech stock leadership, with the...

Barchart

Biden is eager to run on the economy — 'Bidenomics' — but voters have their doubts

President Joe Biden is ready to take full political ownership of the U.S. economy -- a reflection of the White House belief that inflation is fading, job growth is solid and voters need to know about it

The Independent UK

Markets Today: Stocks Slightly Higher on Resilient U.S. Economy

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.09%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.34%. Stocks are slightly higher after today’s U.S. durable goods orders report indicated resiliency in the U.S. economy. Today’s May U.S. durable goods orders report of...

Barchart

Amazon is making creator millionaires

How Amazon quietly became a major player, and payer, in the creator economy.

Fortune

South Korea has the lowest fertility rate in the world – and that doesn't bode well for its economy

Around the world, nations are looking at the prospect of shrinking, aging populations – but none more so than South Korea.

The Conversation

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Barchart

Stock Index Futures Climb as Investors Await Economic Data, China Stimulus Optimism Lifts Sentiment

September S&P 500 futures (ESU23) are up +0.21%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.42% this morning as market participants braced for the next raft of economic data and speeches by policymakers to gain insights into the outlook for the economy and interest rates, while hopes of…

The Independent UK

Europe's interest rates to stay high as long as needed to defeat inflation, central bank chief says

European Central Bank President Christine Lagarde is warning that inflation is holding its grip on the economy

Barchart

Stock Index Futures Move Higher as Investors Await Economic Data, China Stimulus Optimism Lifts Sentiment

France 24

China's Premier says 'de-risking' calls from West are 'false proposition'

In his address at the World Economic Forum in Tianjin on Tuesday, Chinese Premier Li Qiang dismissed the notion put forth by the United States and the European Union of decreasing dependence on China's economy as a "misguided proposition". Furthermore, he reassured attendees that despite mounting concerns about the vigor…

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Bangkok Post

World Bank: Myanmar recovery years away

The economy of Myanmar has shown some signs of stabilising in the first half of this year but it is unlikely to recover to pre-Covid levels until 2027 or 2028, according to the World Bank.

AAP

Easing demand hitting manufacturing sector hard

The outlook for the Australian economy remains gloomy, with the manufacturing sector under pressure from slowing demand and stubbornly high costs.

The Conversation

How Indigenous economic development corporations can support a just, low-carbon energy transition

There are over 50,000 Indigenous businesses in Canada today. According to the 2020 census, the Indigenous economy generated a gross domestic product of $48.9 billion dollars. A growing number of First Nations, Inuit and Métis communities are establishing economic development corporations (EDCs), of which many are involved in the renewable…

Bangkok Post

Thailand's inequality remains entrenched

The Thai economy is suffering from widening inequality, with the proportion of poor people still hovering at 6-8% of the total, particularly in the agricultural sector.

Bangkok Post

Firms to rally amid economic revival

The performance of Thai corporations should gradually improve this year as the domestic economy recovers and inflationary pressures ease, according to analysts at Fitch Ratings' 2023 Thailand Corporate Credit Outlook & Asean ESG conference in Bangkok recently.

Zenger

Daylight Saving Could Save UK Economy £6.5M

Keeping clocks forward over winter reduces serious road accidents by up to 20%, says University of Surrey study.

AAP

ACT budget shows population, economy are set for growth

The latest ACT budget shows the national capital is on track to become the fastest-growing state or territory in the country.

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