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The Latest Breaking News on Economy

US Economy Weaker Than Thought As Jobs Revised Down By 911,000

The benchmark revision slashed employment gains by nearly one million, suggesting that hiring had been far weaker than policymakers, investors and businesses previously believed.

International Business Times

Stocks Grind Up to New All-Time Highs: Stock Market Today

UnitedHealth stock led the Dow Jones Industrial Average amid increasing signs the labor market has not been well for months.

Kiplinger

This Bond ETF's Wild Rally Echoes The Pandemic Market Chaos

One long-duration Treasury bond ETF has surged nearly 9% in just four trading sessions, a performance that mirrors rallies last seen during the 2020 pandemic panic and the deflationary scare of August 2024.

Benzinga

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US Labor Market On The Edge: Moody's Economist Warns Shrinking Workforce Signals Looming Economic Recession

The U.S. labor market is showing alarming signs of contraction, prompting Moody’s Analytics‘ top economist Mark Zandi to warn that a full-blown recession could be on the horizon.

Benzinga

Traders Hit The Buy Button On These 10 Stocks After Weak Jobs Report

The August jobs report sent a clear signal that the U.S. labor market is quickly losing steam—yet instead of panic, investors hit the buy button, betting that the Federal Reserve will be forced to cut rates this month and possibly again before year-end.

Benzinga

Will France’s ‘block everything’ movement jump from social media to the streets?

As 10 September nears, the emerging movement Bloquons Tout – “Let’s Block Everything” – is calling to bring France to a standstill in protest at economic policies. RFI asked political communications specialist Elliot Lepers and sociologist Quentin Ravelli whether online anger will be galvanised into real action.

Radio France Internationale

US Unemployment Has Now Surpassed Number Of Available Jobs - What's Happening To America?

US unemployment surpasses job openings for the first time since 2021, with 7.2M jobless. Tariffs and policy uncertainty stifle hiring, threatening £1.2T in consumer spending

International Business Times UK

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Job Market Cools Sharply As Hiring Slows, Claims Rise And Layoffs Surge

The ADP National Employment Report, released Thursday, showed private employers added just 54,000 jobs in August, well below expectations of 65,000 and down from 106,000 in July.

International Business Times

Gold And Silver ETFs Soar, But Not For The Reason You Think

Gold has jumped above $3,500 per ounce this week, setting new records and solidifying its status as 2025’s top commodity. What’s changed this time is not the magnitude of the rally but what’s driving it.

Benzinga

4 Career Moves to Make Now if You're Worried About a Recession

Worried about a recession? These steps to protect your job prospects will help you professionally whether a downturn develops or not.

Kiplinger

US Economy Roars Back With 3.3% Growth, Shrugging Off Trump Tariffs

The U.S. economy returned to form in the second quarter, growing at a 3.3% annualized pace —a sharp turnaround from the sluggish first quarter, which saw a 0.5% contraction as businesses scrambled to navigate the return of tariffs under President Donald Trump.

Benzinga

A new report highlights the staggering truth about wage inequality in Australia. Here’s what we need to do better

This is a lucky country for many, with enviable living standards. But our wealth is not shared equally

The Guardian - AU

Moody's Chief Economist Flags 22 States As Already In Recession Or At 'High Risk,' Says Only These 2 States Are 'Holding Their Own'

The U.S. economy is on the "edge of recession," and states accounting for nearly a third of national output are already in or at high risk, Moody's Analytics chief economist Mark Zandi said Sunday, citing fresh state-level readings of employment and output.

Benzinga

Powell Signals Rate Cuts in His Jackson Hole Speech. Here's What Wall Street is Saying

In his speech at the Jackson Hole symposium Friday, Fed Chair Jerome Powell said current conditions "may warrant" rate cuts.

Kiplinger

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The Guardian - AU

Four-day work week? Six weeks of holidays? Australians have a choice about how to bank productivity gains

A four-day working week may not be on the agenda now, but the great thing about stronger productivity growth is it gives us more choice over how we want to live our lives

The Guardian - AU

As the economy slows and productivity flatlines, is Australia having another banana republic moment?

In 1986 Paul Keating warned the nation was headed towards economic disaster without reform. Now, Jim Chalmers faces a similar dilemma

AAP

Unions, business at loggerheads over four-day work week

Business groups are resisting a union push for a shorter working week as ideas to boost Australia's productivity are debated ahead of a roundtable.

The Independent UK

Voices: Recruitment is in a doom loop – there’s only one thing for it, chancellor…

COMMENT : As a KPMG study lays bare years of falling job openings, and with the unemployment figure refusing to shrink, Britain’s bosses are stuck in hiring limbo that only Rachel Reeves can get them out of, says James Moore

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The Guardian - UK

UK firms’ hiring intentions remain at record low amid rising employment costs

Economic uncertainty also a factor as bosses ‘stuck in limbo’ and drop in recruitment hits young people hardest

International Business Times

Asian Markets Track Wall St Rally On Fed Rate Cut Bets

Stock markets rose Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald Trump's tariffs.

The Guardian - UK

UK firms cutting staff at fastest pace since February as economy struggles

Headcounts being reduced in response to higher taxes and uncertainty over US tariff threats, PMI survey shows

Benzinga

Fed Governor Christopher Waller Calls For 25 Bps Cut In July, Cites 'Stall Speed' Jobs Data—Says Tariff-Driven Inflation Shouldn't Stop Easing As Trump Pressures Jerome Powell

Federal Reserve Governor Christopher Waller just made the case for cutting interest rates at the Federal Open Market Committee's July meeting.

AAP

Treasurer to trumpet teamwork in face of US trade wars

Countries are being urged not to bow to Donald Trump's trade demands as Australia's treasurer prepares to meet with his global counterparts.

AAP

'Not all bad news': the Aussie upside of Trump tariffs

While Donald Trump's harsh tariffs on imports from Australia's key trading partners will whip up uncertainty, there could be an upside for consumers.

The Guardian - UK

NHS bosses fear fresh strikes in England as resident doctors seek 29% pay rise

Hundreds of thousands of hospital appointments could be cancelled if BMA members vote for series of stoppages

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