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The Latest Breaking News from Economy

Argentina's economy chief names new energy secretary

Argentina's economy chief Sergio Massa appointed on Sunday a new head of the energy secretariat, which in recent years has doled out multi-million dollar subsidies that have led to a widening budget deficit.

Reuters

Green recovery

As the world emerges from Covid-19 and faces stagflation and war, climate crisis remains one of the greatest threats to humanity. A green recovery has become a priority for policymakers in Southeast Asia and around the world, who aim to create a more sustainable path that focuses on the environment,…

Bangkok Post

What does the future of New Zealand’s circular economy look like?

A circular future requires bold government leadership, a shift in mindset about our relationship with the natural world, and collaboration on a scale never seen before, writes Alina Siegf

Newsroom.co.nz

From analysis to the latest developments in health,
read the most diverse news in one place.

Fading global cooperation will make this crisis worse than the recession of 2008

The global financial crisis brought large economies together but the current crisis comes at a time of deep division

The Guardian - UK

Rishi Sunak takes aim at Liz Truss over her 'starry-eyed boosterism' as pair clash on economy

The two candidates vying to replace Boris Johnson as prime minister continued to clash over their plans for the economy after the Bank of England warned this week that the UK would fall into the longest recession since the financial crisis.

Daily Record

Want to know if US is in a recession? You’re asking the wrong question

America is simply too big for generalizations. The right question is whether your industry is in recession

The Guardian - US

Rishi Sunak slams Truss’s ‘starry-eyed boosterism’ as clashes over economy continue

Ms Truss vowed to use a September emergency budget to “immediately” cut taxes

Evening Standard

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The four men vying to win Kenya’s presidential election

The biggest challenge for the four men competing to succeed Kenya’s President Uhuru Kenyatta is to ease the cost of living crisis engulfing East Africa’s biggest economy.

Tribune News Service

Sunak slams Truss’s ‘starry-eyed boosterism’ as clashes over economy continue

Ms Truss vowed to use a September emergency budget to “immediately” cut taxes.

The Independent UK

Pay to get paid: NDIS workers raise concerns about gig economy platforms

Tech solutions allow workers to find clients directly, but when it comes to guaranteeing employee benefits not all are equal

The Guardian - AU

Reserve Bank's bitter medicine harms the patient it's trying to save

Facing a cost of living crisis, the Government can open a modern economic toolkit and move from Wellbeing Budgets to a Wellbeing Economy.

Newsroom.co.nz

Cost of living: Fears over potential fuel poverty deaths unless Stormont ministers take action

People gathered at a cost of living protest in Belfast on Saturday afternoon

Belfast Live

Manufacturing’s coming home: UK fashion boss champions ‘reshoring’

A Derbyshire firm is sourcing homegrown suppliers and labour – and even supporting a local school. But will anyone follow suit?

The Guardian - UK

USD 1 trillion economy target: U.P. government appoints Deloitte consultant

By 2027, Uttar Pradesh will become a benchmark for the policy of “Sabka Saath, Sabka Vikas”, said CM Yogi Adityanath

The Hindu

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The Independent UK

Sunak and Truss tear each other apart on economy in latest leadership hustings

Rishi Sunak warned that unless inflation gets under control, there is ‘no hope’ the Tories will win the next election.

Reuters

Argentina's ambitious 'superminister' takes on economic crisis

Asked about Sergio Massa, Argentina's new "superminister" for the economy, many Argentines perceive him as an opportunistic politician with limitless ambition.

Al Jazeera

What the blowout US jobs numbers actually mean

While recession fears may have cooled for now, the Fed is likely to be more bold with its rate hikes at future meetings.

The National (Scotland)

Truss and Sunak only mention cost of living TWICE each in Twitter campaigning

TORY leadership contenders Liz Truss and Rishi Sunak have only mentioned the cost of living crisis TWICE each on Twitter during the campaign so far,…

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news in one place.

100's of premium titles.
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Evening Standard

Stagflation: What is it, and what can be done to tackle it?

A recent report has warned that the UK is headed for a recession that will plunge millions of vulnerable households across the UK into financial crisis.

The Independent UK

Man sparks debate with rant about girlfriend’s ‘messed up’ habit on flights

Redditors were divided over the etiquette surrounding individual upgrades

Axios

With 528,000 jobs added in July, the U.S. labor market is on fire

It's excellent news for job seekers, though Fed officials are likely to see reasons to worry about inflation pressures.

Benzinga

Block, Lockheed Martin And 2 Other Stocks Insiders Are Selling

The US economy added 528,000 jobs in July. Investors, meanwhile, focused on some notable insider trades.

WEKU

The job market got even better, in a surprisingly positive sign for the economy

U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.

Axios

U.S. adds whopping 528,000 jobs in July as labor market booms

Economists expected the economy to add roughly 260,000 jobs in July.

The Independent UK

US unemployment rate drops to 3.5 per cent amid ‘widespread’ job growth

‘Both total nonfarm employment and the unemployment rate have returned to their February 2020 pre-pandemic levels’

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