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The Latest Breaking News from Economy

The alt-right economy is failing. Here’s the real performance of anti-woke entrepreneurs

Anti-woke entrepreneurs seem to have forgotten the most basic requirement of capitalism: to make a profit.

Fortune

Larry Summers says that the Fed should consider doubling down on interest rates in July if it pauses in June because the risk of 'overheating the economy'

Suggestion comes as other economists push for an end to increases.

Fortune

Economists split over prospects of another rate rise ahead of RBA meeting

Despite 11 hikes in the cash rate since last May, some forecasters think the central bank could still raise borrowing costs again

The Guardian - AU

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read the most diverse news in one place.

Magnitude Biosciences seals £500,000 investment to ramp up research work

It has secured a Future Economy Investor Partnerships grant from Innovate UK which has been match funded by the North East Innovation Fund

Birmingham Post

The British Beauty Council's Value of Beauty report shows it's time for beauty to taken more seriously

This year’s report reflects the challenges of Brexit, but shows the industry still boasts an entrepreneurial, flexible and resilient workforce

Marie Claire

Deputy FM to attend grassroots event on wellbeing economy – here's how to get tickets

DEPUTY First Minister Shona Robison will be among those speaking at an event in Dundee ...

The National (Scotland)

Editorial: How to Win Over Businesses at Home and Abroad

The government must treat domestic and foreign companies equally and proactively address their concerns

Caixin Global

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IMF's Georgieva warns Fed may need to hike further to cool down overheating U.S. economy

The Fed has already hiked to levels not seen since September 2007, but that might not be enough to bring inflation down to sustainable levels.

Fortune

Explainer-Blood, treasure and chaos: the cost of Russia's war in Ukraine

Russia's 2022 invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world.

Reuters

New data reveals extent of child poverty in Wales

Welsh charities said the data shows the Welsh economy and social safety net aren't working properly

Birmingham Post

U.P. plans State Capital Region on lines of NCR

Amid the U.P. government’s ambitious plan to make the State a one trillion dollar economy within five years, only a few districts have been attracting investment intents.

The Hindu

Timeline unnerves some sectors

The Move Forward Party (MFP) and seven coalition political parties are expected to ascend to power in early August.

Bangkok Post

Interest rates forecast to continue rising

Research houses expect the Bank of Thailand to raise its policy rate one or two additional times this year because of an upside risk to inflation as the economy recovers.

Bangkok Post

Pure economic growth neglects many, privileges the few

A wellbeing economy places people and the planet at the centre of creating a healthier society.

360info

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news in one place.

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360info

Six economic myths that wellbeing economies seek to address

The failures of free market fundamentalism and neoliberalism are based on a series of flawed economic assumptions. There is another way.

360info

Families in homes a step toward a better economy

A growing economy does not always mean a nation is doing well. Measuring wellbeing, and implementing policies to address that, fills that gap.

360info

The economy doesn't have to only benefit the rich. Here is how

A transition to an economy that benefits everyone and the planet is not easy, but it can happen.

360info

Measuring happiness in Thailand has ties back to the late king

Measurements of happiness are often tied to culture. The sufficiency economy philosophy rooted in Thai policies is no exception.

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news in one place.

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Barchart

Crude Inventories, Unemployment Claims and Other Key Things to Watch This Week

Markets breathed a sigh of relief last week as it appears the debt ceiling drama has come to an end (at least for now). Even with that behind us, there are still plenty of things to watch in the upcoming weeks

Al Jazeera

Can market veteran Simsek pull Turkey’s economy back from brink?

New finance minister is widely respected by foreign investors and known for his orthodox economic approach.

Dynamite News

WTC: Take a look at top performers who took India to finals

India will be eyeing their first-ever ICC World Test Championship title when they lock horns with the mighty Australians in the final from June 7 onwards at The Oval, which also marks their second successive final in the tournament. Read further on Dynamite News:

Axios

Why Americans are so negative about the economy

Americans are not happy with the economy. Which is weird, given that it is doing just fine.

The Independent UK

With oil prices slumping, OPEC+ producers weigh more production cuts

The major oil-producing countries led by Saudi Arabia and Russia are deciding whether to make more cuts to the amount of crude they supply to the global economy

Al Jazeera

Turkey’s President Erdogan announces new cabinet

An internationally respected former banker gets top economy job, powerful intelligence chief is named foreign minister.

Salon

Debt ceiling "Nothing to brag about"

"It was critical to reach an agreement and it's very good news for the American people," Biden said on Friday

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