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The Latest Breaking News from Economic Growth

Crude Slightly Higher as Strong US May Payroll Report Supports Energy Demand

July WTI crude oil (CLN24 ) today is up +0.20 (+0.26%), and July RBOB gasoline (RBN24 ) is down -1.15 (-0.48%). Crude oil and gasoline prices today are mixed. Crude found support on today's stronger-than-expected US May payroll report, which is positive for economic growth and energy demand. Crude prices...

Barchart

Putin Touts Russian Economic Growth Despite Sanctions

President Putin discusses Russian economic growth, sanctions impact, and international relations at St. Petersburg forum.

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Surge in global wealth sees number of millionaires hit new high

The world has never had so many wealthy people – with fortunes being fuelled by soaring stock markets and strong economic growth in 2023, a study published Wednesday found.

Radio France Internationale

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7 graphs that show economic growth near zero as Australia waits for a budget boost

The Australian economy came close to a standstill in the first three months of this year. March-quarter economic growth sank to just 0.1%, meaning that, when adjusted for inflation, there was hardly any more income, spending or production than the quarter before.

The Conversation

Africa doesn’t have a choice between economic growth and protecting the environment: how they can go hand in hand

Heathrow Airport in the UK currently uses more energy than the entire west African country of Sierra Leone. Despite Africa accounting for less than 4% of all global greenhouse gas emissions, many of its countries face significant threats from climate change, including increased droughts, floods, heat waves and potential crop…

The Conversation

Donald Trump Plans To Cut Department Of Education

Discussion on potential government agency cuts, national debt, and efficiency for economic growth.

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India's Economic Growth Under Modi's Leadership

Narendra Modi's leadership in India has brought economic growth but challenges persist. The upcoming election will be crucial in addressing these complex i...

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Africa Economic Growth Not Enough To Tackle Poverty: AfDB

Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.

International Business Times

US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending

The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its previous estimate

The Independent UK

Kansas County Will Gift Remote Workers $4500 Cash, Land, $500 For Internet, To Move There

The scheme in Lincoln County was inspired by other towns that experimented with similar economic growth techniques to address low population.

International Business Times UK

U.S. economic growth will eclipse China's by 2031, and the transformation Beijing needs for a revival may take 'several decades, if not longer,' top demographer says

"Historically, no country has managed to achieve 4% growth in the subsequent 12 years after the elderly made up 15% of the population."

Fortune

Mark Robinson Energizes GOP Convention With Vision For North Carolina

GOP candidate Mark Robinson garners support at NCGOP Convention, outlines vision for North Carolina's economic growth and education reform.

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Biden And Kenya's Ruto To Announce New Investments

President Biden and Deputy President Ruto to announce new investments strengthening US-Kenya ties, fostering economic growth and cooperation.

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The Scottish Government can't grow the economy within this Westminster system

This week, I address the lack of economic levers available to the Scottish Government as it seeks economic growth.

The National (Scotland)

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UAE And US To Expand AI Partnerships, Minister Reveals

The UAE and US are joining forces to advance AI technologies, fostering innovation and economic growth.

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IBM Expands Open Source AI Models, Secures Saudi Arabia Deal

IBM's open source AI models and partnerships drive global innovation and economic growth.

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Dominican President Abinader Plans Tax Reform

President Abinader of the Dominican Republic prioritizes tax reform for economic growth and social welfare, aiming to create a more prosperous and equitabl...

The Conversation

Britain’s railways were never properly privatised – here’s how they could return to greater public control

Railway travel is a strange thing. There are some journeys that are undertaken for pleasure – particularly on steam trains – but the vast majority happen because people need to get somewhere. The railway is merely a means to an end. Efficient rail transport facilitates economic production and economic growth.

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The Conversation

What’s the difference between fiscal and monetary policy?

This article is part two of The Conversation’s “Business Basics” series where we ask leading experts to discuss key concepts in business, economics and finance.

The Hindu

Congress asks Amit Shah to stop fear-mongering, promises better steps to manage economy

Congress responds to Amit Shah's claims, highlighting economic growth under Manmohan Singh and proposing reforms for stability and growth.

The National (Scotland)

Mairi Gougeon: Scotland's aquaculture industry plays pivotal economic role

THE aquaculture industry can help deliver on the First Minister's key priorities for the Scottish Government, a Cabinet Secretary has said ...

The Hindu

India's 2024 economic growth projection revised upwards by U.N. to nearly 7%

The United Nations has revised upwards India’s growth projections for 2024, with the country’s economy now forecast to expand by close to 7% this year, mainly driven by strong public investment and resilient private consumption.

AAP

Economists warn budget could 'poke inflationary bear'

Loosened purse strings cast doubts over the inflation-fighting credentials of the Albanese government's third budget, which also points to a weakening economy.

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Microsoft To Invest 4 Billion Euros In France

Microsoft's 4 billion euro investment in France to boost innovation, create jobs, and drive economic growth in the tech sector.

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Fed's Logan: US Monetary Policy May Need Tightening

Federal Reserve official Logan highlights the importance of balanced monetary policy for economic growth and stability.

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