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YOU WONT BELIEVE: 19 - What They Never Told You

Budget sneak peek predicts higher wages and tax breaks – but no increase for Australians on jobseeker

Government dampens hopes for an increase to jobseeker, despite pressure from economists, social justice groups and equality advocates

The Guardian - AU · May 8, 2024

Fed Rate Cuts Still on Hold

With inflation stubbornly elevated, the Federal Reserve will keep interest rates high for now.

Kiplinger · May 7, 2024

Budgets and Bills passed with little deliberation

Madhya Pradesh passed 85% of its Budget without discussion in 2023 followed by Kerala and Jharkhand

The Hindu · May 6, 2024

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Defence budget boost as New Zealand looks to 'step up'

Foreign affairs and defence will get a funding boost in the first budget of New Zealand's new government despite campaign pledges to shrink the public service.

AAP · May 5, 2024

Don't like Biden's economy? OK, but ...

Authoritarians always screw up the economy — come to think of it, GOP presidents have done that for decades

Salon · May 4, 2024

The budget reveals what governments actually care about. And Labor has chosen to keep jobseekers in poverty

The government could easily index jobseeker to whichever is highest of the CPI or wage price index

The Guardian - AU · May 2, 2024

US Private Sector Job Growth Higher Than Expected: ADP

Hiring in the US private sector cooled in April but job growth was still higher than anticipated, boosted by the services sector, payroll firm ADP said Wednesday.

International Business Times · May 1, 2024

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What is the significance of Labour Day or May Day? | Explained

The Hindu decodes the history of Labour Day and why it is celebrated worldwide.

The Hindu · May 1, 2024

Asian Markets Track Wall St Down Ahead Of Fed Decision

Asian stocks sank in holiday-thinned trade Wednesday, tracking a sharp sell-off on Wall Street after fresh US data dealt another blow to hopes the Federal Reserve will cut interest rates this year.

International Business Times · May 1, 2024

Towards a green growth: On the RBI and a green taxonomy

The effort should be to mitigate the transitional risks to the financial system as the economy moves towards a sustainable future

The Hindu · Apr 28, 2024

Borrowers warned not to count on 2024 rates relief

Hotter-than-expected inflation data has likely pushed back the start date for interest rate cuts, a move that will keep pressure on mortgage holder budgets.

AAP · Apr 24, 2024

German Forecast To Offer Signs If Ailing Economy On The Mend

The German government will present its latest growth forecasts on Wednesday as Europe's crisis-hit top economy shows tentative signs it is finally turning a corner.

International Business Times · Apr 24, 2024

Election-bound Tamil Nadu among top States in many socio-economic measures: Data

Analysis of Tamil Nadu's economic, social, and environmental indicators reveals holistic development, with focus needed on sustainable growth.

The Hindu · Apr 18, 2024

Treasurer admits 'difficult' budget ahead for Qld

The Queensland government will maintain its commitment to cost-of-living relief for households despite the treasurer warning of a difficult budget ahead.

AAP · Apr 17, 2024

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AAP · Apr 14, 2024

Budget surplus 'still our goal' despite war, inflation

A budget surplus is "still our goal" but the degree of difficulty has risen with global economic uncertainty hitting tax revenue, Treasurer Jim Chalmers says.

Evening Standard · Apr 12, 2024

Economists 'can safely say' recession is over after February GDP rise, but growth still slow

The meagre growth, not helped by torrential rain that hammered the construction sector, marks a slowdown from a 0.3% advance in January

The Guardian - AU · Apr 3, 2024

Whether Australia’s budget has a surplus tells us little about the government’s worth – it’s all on the choices made

Do you direct the recourses of the economy on things that produce good outcomes for Australians, or spend $4.6bn to improve the UK economy?

The Guardian - UK · Apr 1, 2024

Conservatism’s biggest failure is the despair it has created about Britain’s future

Fantasies about British exceptionalism have brought the UK to the brink of collapse. We need a new, realistic vision, says author and journalist Will Hutton

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The Hindu · Apr 1, 2024

Former Jharkhand CM Hemant Soren withdraws from Supreme Court his plea against HC order

Former Jharkhand CM Hemant Soren withdraws plea challenging high court order, remains under judicial custody for money laundering case.

The Guardian - UK · Mar 28, 2024

Why UK recession may be deeper than two quarters of falling GDP suggest

Greater fall per head and latest trade data illustrate longer term decline of economy

The Hindu · Mar 25, 2024

Wages of Indian workers have remained almost same in last 10 years: Data

A report by Bahutva Karnataka shows that the share of self-employed workers increased, while the share of those in formal employment remained low

House To Vote On Critical Government Spending Legislation

House prepares for crucial vote on government spending legislation to avert shutdown. Bipartisan cooperation needed for timely approval.

Kiplinger · Mar 20, 2024

Fed Again Holds Interest Rates Steady

Inflation has eased over the last year but remains elevated, the central bank says.

The Guardian - AU · Mar 20, 2024

Now is not the time to do anything more to slow the economy – it’s already in danger of stalling

The Sahm rule lets us get in front of recessions – so alerts should be flashing in the Treasury and RBA

International Business Times · Mar 19, 2024

Will Positive Economic Outlook Stall Expected Fed Rate Cuts?

Rising confidence in the U.S. economy prompts skepticism about anticipated Federal Reserve rate cuts, raising doubts about future monetary policy adjustments.

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