Second budget surplus in reach as inflation runs hot Another forecast budget surplus would help in the fight against rising prices, says the government amid pressure over the latest hot inflation readout. AAP · Jun 27, 2024
£10,200: How much worse off Britons are after 14 years of Tory rule Britons have lost the equivalent 15 weeks of wages based on comparisons with pre-2010 growth trend. Al Jazeera · Jun 26, 2024
The Guardian view on councils in need: voters should be told what the parties’ plans are Editorial: Some of the most acute public service problems are local ones. But plans for local government are missing from this election The Guardian - UK · Jun 23, 2024
Kiplinger Special: The Long-Term Future of the U.S. Economy Kiplinger's report into what it will take the U.S. to maintain a healthy economic growth rate. Kiplinger · Jun 23, 2024
NSW budget: treasurer sets scene for restraint as state faces $10bn deficit over four years Hopes of return to surplus dashed as Labor blames ‘unfair’ GST carve-up The Guardian - AU · Jun 17, 2024
UK economy flatlines in fresh blow to Rishi Sunak’s election hopes The economy flatlined due to wet weather hitting retail sales over the Easter period, following growth of 0.4% in March The Independent UK · Jun 12, 2024
Chalmers eyes soft landing amid budget criticism The pressure on Australia's economy from higher interest rates justifies the decision not to deliver a "slash and burn" budget, Treasurer Jim Chalmers says. AAP · Jun 11, 2024
Pre-election UK interest rate cut unlikely despite cooling jobs market and rising mortgage arrears; Moody’s warns France over snap election – as it happened Latest UK labour market report shows signs of cooling, as jobless rate hits highest since 2021 The Guardian - UK · Jun 11, 2024
Is the US economy doing well? It depends if you ask a Democrat or a Republican Data shows that when Americans’ preferred party is in the White House, they’re more likely to boast of a booming economy – even if it’s untrue The Guardian - US · Jun 9, 2024
Is the US job market beginning to weaken? Friday's employment report may provide hints Tentative signs have begun to emerge that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve’s inflation fighters: Companies are posting fewer available jobs, consumer spending has slipped and wage growth, while still healthy, is gradually slowing The Independent UK · Jun 7, 2024
Japan Household Spending Sees First Rise In 14 Months Japan's household spending rose in April for the first time in 14 months, official data showed Friday, as wages grow at the fastest pace in three decades. International Business Times · Jun 7, 2024
Asian Markets Swing As Traders Eye Major US Jobs Report Asian markets fluctuated Friday and investors trod cautiously ahead of US jobs data that could play a key role in the Federal Reserve's plans for cutting interest rates, with the bank's next policy decision looming next week. International Business Times · Jun 7, 2024
Watchdog ends investigation into description of UK economy ‘going gangbusters’ Exclusive: ONS official’s remarks, not intended as comment on overall state of the economy, were later used by Sunak The Guardian - UK · Jun 6, 2024
Stock Market Today: Stocks Rise as JOLTS Lifts September Rate-Cut Odds The main indexes gained ground Tuesday after data showed job openings fell to a three-year low in April. Kiplinger · Jun 4, 2024
AAP · Jun 3, 2024 Wages bump unlikely to concern Reserve Bank: economists A 3.75 per cent boost to minimum wages and awards will deliver a small real gain to millions of Australian workers without throwing fuel on the inflation fire.
Axios · Jun 3, 2024 The great nonpartisan divide that's plaguing Americans This divide has persisted for years since the pandemic.
The Independent UK · May 24, 2024 Washout for UK retailers in pre-election blow for Rishi Sunak Retail sales across the UK plunged by 2.3 per cent in April, following a 0.2 per fall in March, figures revealed
Reason · May 23, 2024 Congress' Budget Process Is Broken. Here's One Idea for Fixing It. Lawmakers should be freed from "the dead hand of some guy from 1974," says former Congressional Budget Office director.
The Independent UK · May 22, 2024 Where the inflation and national debt figures leave Sunak’s five priorities Most of the Prime Minister’s five priorities had not been achieved by the end of last year.
The Independent UK · May 22, 2024 Inflation: Why has it fallen and what it means for you April’s inflation rate of 2.3% means that if an item cost £100 a year ago, the same thing would now cost £102.30
The Guardian - US · May 22, 2024 Majority of Americans wrongly believe US is in recession – and most blame Biden Exclusive Harris poll for the Guardian shows 55% believe economy is shrinking, in troubling sign for president’s re-election bid
AAP · May 20, 2024 Queensland budget forecast to be at least $3b deficit Queensland's treasurer has revealed the upcoming budget will forecast a $3 billion deficit as the government spends on cost-of-living relief measures.
The Hindu · May 19, 2024 Renew the generalised system of preferences In the pantheon of obscure international trade terminology, the “generalised system of preferences,” or GSP, has a special place.
AAP · May 14, 2024 'More work to do' to make Australia competitive Business groups have called for more productivity measures but warned federal budget spending boosts to tackle cost-of-living pressures could fuel inflation.
The Guardian - AU · May 14, 2024 2024 budget delivers minor surplus but deficits loom over economy as Australia’s spending ramps up Major shortfalls predicted over next two years as Jim Chalmers downplays potential for inflationary pressures