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The Latest Breaking News from Economy

AAP Rolling News Bulletin June 4, 1100

AAP Rolling News Bulletin for June 4 at 1100

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AAP Rolling News Bulletin for June 4 at 1030

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AAP Rolling News Bulletin June 4, 0930

AAP Rolling News Bulletin for June 4 at 0930

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Oddone hails EU-Mercosur accord's 'civilisational approach' beyond commercial and economic interests

François Picard is pleased to welcome Gabriel Oddone, economist, professor and Uruguay's Minister of Economy and Finance. He offers a striking defence of the social democratic model at a moment when much of Latin America appears to be embracing hard-right socio-political and economic policies.

France 24

These Fortune 500 companies are bigger than most national economies—here's where they'd rank as countries

Some companies on the Fortune 500 list rank even higher than national economies. Nvidia would be the fourth largest economy were it a country.

Fortune

Dollar Rallies on Strength in Crude and the US Economy

The dollar index (DXY00 ) on Wednesday rallied to a 1.75-month high, finishing up by 0.31%. The dollar moved higher on Wednesday, supported by a +2% increase in WTI crude oil prices, which lifts inflation expectations and may prompt the Fed to tighten monetary policy, a bullish factor for the...

Barchart

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SEC formally proposes rescinding Biden-era climate disclosure rule

In this week’s edition of Economy and Society:

Ballotpedia

4.3 million Americans vanished from food stamp rolls. Some say the explanation is simpler than the White House claims

The requirements for qualifying for SNAP benefits have changed under this administration.

We Got This Covered

AAP Rolling News Bulletin June 4, 0330

AAP Rolling News Bulletin for June 4 at 0330

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Quote of the day by Paul Krugman: 'Debt is one person's liability, but another person's...' - financial lessons and insights on role of debt in the economy, flow of money and growth of wealth by Nobel Prize-winning economist and pioneer of New Trade Theory

Quote of the day by Paul Krugman: Nobel laureate Paul Krugman sheds light on debt, emphasizing it's a two-sided coin. While a borrower's liability, it's a lender's asset, forming a crucial link in the financial system. This perspective reveals debt's productive role in economic growth, enabling investments and future returns,…

The Economic Times

Trump's Approval Rating Falls to New Low as More Independents Turn Against Him, Poll Shows

76% of Americans in the Economist/YouGov poll described the economy as either "fair" or "poor," while 32% said inflation and prices were the country's most important issue

Latin Times

Collapse is near: Trump's window to resolve Iran crisis closing fast

West Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil supplies. Economists warn of a significant economic shock if a US-Iran agreement remains elusive. This conflict threatens jobs and economic growth worldwide, particularly in Europe and Asia. The world…

The Economic Times

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AAP

AAP Rolling News Bulletin June 4, 0230

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The Economic Times

Fuel price shield helping India and consumers to tackle West Asia crisis: Gita Gopinath

India is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the government is limiting fuel price hikes. This acts as an implicit subsidy. She advises more targeted support for vulnerable households and businesses instead of broad fuel subsidies. This approach helps…

AAP

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AAP Rolling News Bulletin for June 4 at 0200

International Business Times

OECD Cuts Global Growth Outlook As U.S.-Iran War Weighs On Economy, Energy Markets

The global economy is expected to slow this year as the fallout from the U.S.-Iran war continues to ripple through energy markets, trade routes and investment activity, according to the OECD.

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AAP Rolling News Bulletin June 4, 0130

AAP Rolling News Bulletin for June 4 at 0130

The Guardian - AU

Australia’s GDP figures are meaningless when the boom in datacentres means destroying jobs and the climate

In the March quarter Australia’s economy grew 0.3%. But the real issue is what drove that growth

AAP

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AAP Rolling News Bulletin for June 4 at 0100

Evening Standard

OPINION - I’m Gen Z and I don’t want to solve your fertility crisis

Over the past few months, my generation has once again been blamed for something that’s not our fault. Granted, we Gen Zs are annoying in many respects — we’re constantly either glued to our screens or searching for our vapes, we hate hard work and we’re sinking the night-time economy…

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