#economy

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UK government borrowing in October tops forecasts at 17.4bn

The UK government faces rising borrowing and debt interest, complicating efforts to manage public finances and stimulate economic growth.
#inflation

Don't Give Trump Credit for the Success of the Biden Economy

Biden's welcome to Trump contrasts Trump's snub, reflecting differing approaches to power transition and the state of the economy.

Democrats wished the election was about jobs. Trump's win showed it was about prices.

High prices were a key factor in Trump's electoral success against Biden, despite job growth.

Frustrated Americans await the economic changes they voted for with Trump

Trump's economic plans may worsen inflation, increase federal debt, and hinder growth despite initial market optimism.

The great Russian butter robbery-and what it reveals about Putin's wartime economy

Russia's inflation crisis deepens amid ongoing war, driving theft and making basic goods increasingly unaffordable for its citizens.

Trump's economic agenda for his second term is clouding the outlook for mortgage rates

Donald Trump's election is creating uncertainty in mortgage rates, with forecasts leaning towards an increase in rates due to his economic policies.

Why Trump's Tariffs Could Raise Grocery Prices

Trump's tariff promises may worsen grocery price inflation, contrary to his campaign assurances.

Don't Give Trump Credit for the Success of the Biden Economy

Biden's welcome to Trump contrasts Trump's snub, reflecting differing approaches to power transition and the state of the economy.

Democrats wished the election was about jobs. Trump's win showed it was about prices.

High prices were a key factor in Trump's electoral success against Biden, despite job growth.

Frustrated Americans await the economic changes they voted for with Trump

Trump's economic plans may worsen inflation, increase federal debt, and hinder growth despite initial market optimism.

The great Russian butter robbery-and what it reveals about Putin's wartime economy

Russia's inflation crisis deepens amid ongoing war, driving theft and making basic goods increasingly unaffordable for its citizens.

Trump's economic agenda for his second term is clouding the outlook for mortgage rates

Donald Trump's election is creating uncertainty in mortgage rates, with forecasts leaning towards an increase in rates due to his economic policies.

Why Trump's Tariffs Could Raise Grocery Prices

Trump's tariff promises may worsen grocery price inflation, contrary to his campaign assurances.
moreinflation

10 Major Pennsylvania Industries to Consider if You're Working in or Moving to the Keystone State

Pennsylvania offers a diverse economy with numerous job opportunities in various sectors, making it an appealing place to live and work.
#finance

10 Major New York Industries to Consider if You're Working in or Moving to the Empire State

New York's diverse economic sectors provide strong opportunities for job seekers and those considering relocation.
The state's prominence in commercial banking and investment attracts a workforce seeking career advancement.

New Oregon economic forecaster predicts higher revenue, higher kicker

Oregon's new chief economist estimates $37.8 billion for the next budget cycle after improving the state's economic forecasting methods.

10 Major New York Industries to Consider if You're Working in or Moving to the Empire State

New York's diverse economic sectors provide strong opportunities for job seekers and those considering relocation.
The state's prominence in commercial banking and investment attracts a workforce seeking career advancement.

New Oregon economic forecaster predicts higher revenue, higher kicker

Oregon's new chief economist estimates $37.8 billion for the next budget cycle after improving the state's economic forecasting methods.
morefinance
#politics

RFK Jr. tapped to run HHS. And, the bond market's impact on Trump's economic plans

Robert F. Kennedy Jr. is poised to lead the Department of Health and Human Services, raising alarm due to his vaccine skepticism and conspiracy theories.

$18 hourly minimum wage rejected by California voters

California voters rejected a minimum wage increase to $18 per hour, prioritizing economic concerns and job security over higher wages.

Saturday Links: Peskin Lost Mayoral Race, But Scored Victories Elsewhere

Aaron Peskin's ballot measures seem likely to pass despite his mayoral loss, demonstrating his political influence.
Santa Clara County's hospital purchase faces a serious dispute with the Nurses Association.
Opendoor is cutting jobs to streamline operations and focus on growth amid market fluctuations.
The Berkeley mayoral race is too close to call with many ballots yet to be counted.

LinkedIn billionaire Reid Hoffman on staying positive after Trump's win

Hoffman wishes for a governance that prioritizes business and collaboration despite his previous criticism of Trump.

RFK Jr. tapped to run HHS. And, the bond market's impact on Trump's economic plans

Robert F. Kennedy Jr. is poised to lead the Department of Health and Human Services, raising alarm due to his vaccine skepticism and conspiracy theories.

$18 hourly minimum wage rejected by California voters

California voters rejected a minimum wage increase to $18 per hour, prioritizing economic concerns and job security over higher wages.

Saturday Links: Peskin Lost Mayoral Race, But Scored Victories Elsewhere

Aaron Peskin's ballot measures seem likely to pass despite his mayoral loss, demonstrating his political influence.
Santa Clara County's hospital purchase faces a serious dispute with the Nurses Association.
Opendoor is cutting jobs to streamline operations and focus on growth amid market fluctuations.
The Berkeley mayoral race is too close to call with many ballots yet to be counted.

LinkedIn billionaire Reid Hoffman on staying positive after Trump's win

Hoffman wishes for a governance that prioritizes business and collaboration despite his previous criticism of Trump.
morepolitics
#stock-market

Here's how escalating Russia tensions could impact markets and supply chains, according to experts

The intensifying Russia-Ukraine war raises uncertainty in global markets, impacting investor confidence.

Jill On Money: Market reaction to Trump 2.0

Investor confidence surged post-election, suggesting optimism for economic growth under a Trump administration.

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is optimistic about a second Trump term, especially for banks and fossil-fuel stocks, despite uncertainties for retailers.

Stocks Fall as Wall Street's Election Enthusiasm Subsides

Investors are reassessing economic conditions post-Trump election win, leading to mixed market performance and uncertainty about future policies.
After a significant election-related rally, the stock market is now experiencing declines as economic implications of Trump's policies come into focus.

FTSE 100 and European-listed stocks to own in 2025, according to Barclays

Barclays sees potential risks in 2025 markets influenced by 'Trumponomics', yet identifies valuable stocks worth owning for investors.

Here's how escalating Russia tensions could impact markets and supply chains, according to experts

The intensifying Russia-Ukraine war raises uncertainty in global markets, impacting investor confidence.

Jill On Money: Market reaction to Trump 2.0

Investor confidence surged post-election, suggesting optimism for economic growth under a Trump administration.

Wall Street makes wagers on the likely winners and losers in a second Trump term

Wall Street is optimistic about a second Trump term, especially for banks and fossil-fuel stocks, despite uncertainties for retailers.

Stocks Fall as Wall Street's Election Enthusiasm Subsides

Investors are reassessing economic conditions post-Trump election win, leading to mixed market performance and uncertainty about future policies.
After a significant election-related rally, the stock market is now experiencing declines as economic implications of Trump's policies come into focus.

FTSE 100 and European-listed stocks to own in 2025, according to Barclays

Barclays sees potential risks in 2025 markets influenced by 'Trumponomics', yet identifies valuable stocks worth owning for investors.
morestock-market
#germany

Legacy of former German chancellor Merkel under fire ahead of memoirs

Merkel's upcoming book is expected to reveal insights about her time in power amidst growing criticism of her political legacy.

At Rio G20 summit, Olaf Scholz looking for trade allies DW 11/17/2024

Olaf Scholz's potential free-trade deal with Mercosur could transform the German economy amid pressing geopolitical challenges.

Legacy of former German chancellor Merkel under fire ahead of memoirs

Merkel's upcoming book is expected to reveal insights about her time in power amidst growing criticism of her political legacy.

At Rio G20 summit, Olaf Scholz looking for trade allies DW 11/17/2024

Olaf Scholz's potential free-trade deal with Mercosur could transform the German economy amid pressing geopolitical challenges.
moregermany
#labour-party

Lammy dismisses past criticism calling Trump a sociopath' as old news'

The UK government is trying to mend relations with Donald Trump amid economic concerns, despite past harsh criticisms from its officials.

UK SMEs brace for 138,000 average revenue loss in 2025 - London Business News | Londonlovesbusiness.com

UK businesses face significant profit losses and operational instability due to Labour's tax policies from the recent Autumn Budget.

The Observer view on trade relations: Closer ties with the EU is the lever for economic growth | Observer editorial

Labour's commitment to sustainable growth faces significant challenges as recent economic data falls short of expectations.

Lammy dismisses past criticism calling Trump a sociopath' as old news'

The UK government is trying to mend relations with Donald Trump amid economic concerns, despite past harsh criticisms from its officials.

UK SMEs brace for 138,000 average revenue loss in 2025 - London Business News | Londonlovesbusiness.com

UK businesses face significant profit losses and operational instability due to Labour's tax policies from the recent Autumn Budget.

The Observer view on trade relations: Closer ties with the EU is the lever for economic growth | Observer editorial

Labour's commitment to sustainable growth faces significant challenges as recent economic data falls short of expectations.
morelabour-party
#tariffs

How Trump could put his campaign promises on tariffs into action

Trump is set to impose significant tariffs on foreign goods, particularly from China and Mexico, claiming they are crucial for fair trade.

Mark Cuban Warns Trump's Tariff Plans Are Already Hurting the Economy: All Happening Right Now'

Trump's proposed tariffs harm American consumers and businesses by forcing price increases and hindering expansion efforts.

Beijing is already preparing to retaliate in a second Trump era

China is strategizing retaliation against potential new tariffs from Trump, aiming to maintain economic stability amidst current challenges.

Are you ready to spend an extra $7,600 a year? You might just have to under Trump's proposed tariffs

Trump's proposed tariffs could significantly increase consumer prices and challenge the feasibility of restoring domestic manufacturing.

Donald Trump's treasury pick could give an indication of what he plans to do about tariffs

Trump's treasury secretary decision will signal his approach to import tariffs, influencing his economic policy and trade strategy.

Bay Area business owners worry about impact of proposed Trump tariffs

Rising tariffs poses significant risks to businesses relying on imports, potentially leading to higher costs for consumers and challenges for owners.

How Trump could put his campaign promises on tariffs into action

Trump is set to impose significant tariffs on foreign goods, particularly from China and Mexico, claiming they are crucial for fair trade.

Mark Cuban Warns Trump's Tariff Plans Are Already Hurting the Economy: All Happening Right Now'

Trump's proposed tariffs harm American consumers and businesses by forcing price increases and hindering expansion efforts.

Beijing is already preparing to retaliate in a second Trump era

China is strategizing retaliation against potential new tariffs from Trump, aiming to maintain economic stability amidst current challenges.

Are you ready to spend an extra $7,600 a year? You might just have to under Trump's proposed tariffs

Trump's proposed tariffs could significantly increase consumer prices and challenge the feasibility of restoring domestic manufacturing.

Donald Trump's treasury pick could give an indication of what he plans to do about tariffs

Trump's treasury secretary decision will signal his approach to import tariffs, influencing his economic policy and trade strategy.

Bay Area business owners worry about impact of proposed Trump tariffs

Rising tariffs poses significant risks to businesses relying on imports, potentially leading to higher costs for consumers and challenges for owners.
moretariffs

Xockets board member: Our case against Nvidia and Microsoft is about the future of American innovation

Innovation is critical for U.S. economic growth, but is threatened by corporate appropriation of ideas from startups.
#donald-trump

Trump Wins Nevada, Flipping a Battleground State

Donald Trump flipped Nevada, winning a battleground state by addressing voters' concerns over the economy and rising costs.

Trump converts voters in deep-blue California was it all about the economy?

Trump expanded his coalition in California by winning eight counties that had supported Biden in 2020, highlighting shifting voter sentiments.

Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says

The US debt is nearing a tipping point potentially in 2025-2026, raising concerns about investor confidence.

Trump reportedly picks Howard Lutnick as commerce secretary

Howard Lutnick has been nominated by Trump as commerce secretary, a role key to shaping U.S. commerce and trade policies.

Fed Chair Powell's refusal to resign if asked could set up Trump's first big fight to reshape the economy

Fed Chair Jerome Powell firmly stated he would not resign if pressured by President-elect Trump.

Donald Trump Is A White Supremacist!' Pro-Harris CNN Guest Goes Off Says White Voters Fear Black South Asian Woman'

Michael Blake argues that Donald Trump's immigration policies reflect white supremacy, highlighting the economic damage of mass deportation.

Trump Wins Nevada, Flipping a Battleground State

Donald Trump flipped Nevada, winning a battleground state by addressing voters' concerns over the economy and rising costs.

Trump converts voters in deep-blue California was it all about the economy?

Trump expanded his coalition in California by winning eight counties that had supported Biden in 2020, highlighting shifting voter sentiments.

Trump could push the US debt to levels that cannot be ignored by the end of 2025, BlackRock's bond chief says

The US debt is nearing a tipping point potentially in 2025-2026, raising concerns about investor confidence.

Trump reportedly picks Howard Lutnick as commerce secretary

Howard Lutnick has been nominated by Trump as commerce secretary, a role key to shaping U.S. commerce and trade policies.

Fed Chair Powell's refusal to resign if asked could set up Trump's first big fight to reshape the economy

Fed Chair Jerome Powell firmly stated he would not resign if pressured by President-elect Trump.

Donald Trump Is A White Supremacist!' Pro-Harris CNN Guest Goes Off Says White Voters Fear Black South Asian Woman'

Michael Blake argues that Donald Trump's immigration policies reflect white supremacy, highlighting the economic damage of mass deportation.
moredonald-trump
#immigration

The industries that could be hardest hit by Trump's immigration crackdown

Undocumented immigrants play crucial roles in essential U.S. industries, and their potential deportation would significantly impact the economy and society.

Mass deportations would disrupt the food chain': Californians warn of ripple effect of Trump threat

Immigrant farmworkers, a significant portion undocumented, are vital to California's agriculture and the nation's food supply.

The industries that could be hardest hit by Trump's immigration crackdown

Undocumented immigrants play crucial roles in essential U.S. industries, and their potential deportation would significantly impact the economy and society.

Mass deportations would disrupt the food chain': Californians warn of ripple effect of Trump threat

Immigrant farmworkers, a significant portion undocumented, are vital to California's agriculture and the nation's food supply.
moreimmigration

Why Companies Need to Develop an Early Talent Strategy | Entrepreneur

Local businesses are closed more frequently due to labor shortages, a trend that will likely worsen as Baby Boomers retire.

Trump bump' fades, but consumer strength may propel stock market

Consumer confidence is rising, supported by job growth and higher wages, despite inflation concerns.
The post-election market rally indicates strong economic sentiment and a favorable outlook among investors.

Argentine President Javier Milei Visited Donald Trump at Mar-a-Lago

Javier Milei's government prioritizes budget cuts over public health during Argentina's dengue crisis, revealing economic fragility and international isolation.
#consumer-behavior

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

The article discusses the stagnation of the British economy, highlighting concerns over the government's messaging and its impacts on consumer and business behavior.

Budget B&M ranges resonate' with shoppers as incomes remain squeezed, boss says

B&M is thriving amid economic pressures, appealing to budget-conscious consumers with competitive pricing and new store openings.

How This Woman Says She's Going To "Opt Out" Of The Trump Economy

Elysia Berman's no-buy challenge aims to protest Trump's economic policies by reducing nonessential spending.

UK Treasury chief says she's not satisfied by paltry third-quarter economic growth

The article discusses the stagnation of the British economy, highlighting concerns over the government's messaging and its impacts on consumer and business behavior.

Budget B&M ranges resonate' with shoppers as incomes remain squeezed, boss says

B&M is thriving amid economic pressures, appealing to budget-conscious consumers with competitive pricing and new store openings.

How This Woman Says She's Going To "Opt Out" Of The Trump Economy

Elysia Berman's no-buy challenge aims to protest Trump's economic policies by reducing nonessential spending.
moreconsumer-behavior

Reeves not satisfied' as UK economy flatlines under Labour

The Independent provides accessible journalism, emphasizing transparency and reporting on critical issues shaping society.
#real-estate

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

China has launched a $1.4 trillion plan to revive its economy in response to mounting debt and stagnant growth.

Average rate on a 30-year mortgage slips for first time in weeks

Mortgage rates have slightly decreased after a period of rising, offering relief to homeowners.
The housing market remains sluggish due to elevated rates and high prices.

Latest State of Downtown report shows the city core's businesses and housing are in transition - Austin Monitor

Downtown Austin's office market faces high vacancy rates and evolving space requirements due to the shift towards hybrid work.

China Reveals $1.4 Trillion Plan to Bail Out Local Governments

China has launched a $1.4 trillion plan to revive its economy in response to mounting debt and stagnant growth.

Average rate on a 30-year mortgage slips for first time in weeks

Mortgage rates have slightly decreased after a period of rising, offering relief to homeowners.
The housing market remains sluggish due to elevated rates and high prices.

Latest State of Downtown report shows the city core's businesses and housing are in transition - Austin Monitor

Downtown Austin's office market faces high vacancy rates and evolving space requirements due to the shift towards hybrid work.
morereal-estate

Shut the F*ck Up!' NY Times' Ezra Klein Blasts People Blaming Fox News for Trump Win in Stunning Rant

Liberals should acknowledge and engage with genuine voter concerns about the economy and crime, rather than dismissing them as right-wing rhetoric.

10 Major California Industries to Consider if You're Working in or Moving to the Golden State

California's diverse economy is a global powerhouse with key industries providing substantial job opportunities.
#trump-administration

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons

Trump may benefit from Biden's infrastructure projects despite campaigning against his policies.

Trump may take credit for Biden's signature climate law, if he doesn't kill it first

Trump inherits an economy primed for growth and ready-made infrastructure projects, potentially allowing him to take credit for achievements of Biden's administration.

What to know about Trump's potential plans to extend tax cuts

Extending Trump's 2017 tax law could benefit the economy and reduce tax burdens on households.

The Fed has been prepared for Trump's plans since 2016. Here's how 2024 is different

Federal Reserve may need to adjust monetary policy in response to Trump's anticipated economic measures to manage inflation.

How Wall Street is betting on Trump's second term across 8 industries

Wall Street anticipates economic shifts under a Trump-led White House, with mixed prospects across sectors like technology and retail.

Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons

Trump may benefit from Biden's infrastructure projects despite campaigning against his policies.

Trump may take credit for Biden's signature climate law, if he doesn't kill it first

Trump inherits an economy primed for growth and ready-made infrastructure projects, potentially allowing him to take credit for achievements of Biden's administration.

What to know about Trump's potential plans to extend tax cuts

Extending Trump's 2017 tax law could benefit the economy and reduce tax burdens on households.

The Fed has been prepared for Trump's plans since 2016. Here's how 2024 is different

Federal Reserve may need to adjust monetary policy in response to Trump's anticipated economic measures to manage inflation.

How Wall Street is betting on Trump's second term across 8 industries

Wall Street anticipates economic shifts under a Trump-led White House, with mixed prospects across sectors like technology and retail.
moretrump-administration

Republicans and Democrats Highly Divided in Economic Outlook Under Trump

Republican consumer sentiment has surged post-election while Democratic sentiment has declined, illustrating a deep partisan divide in economic outlook.

Canada orders binding arbitration to end port lockout

Canada's government is intervening in port workers' lockouts due to the significant economic impact of $930 million in goods affected daily.

10 Best Places to Live in Colorado, According to Local Real Estate Experts

Colorado is more than ski resorts; its thriving economy and lifestyle appeal to both young professionals and retirees.

DEI efforts are critical to the U.S. economy because 'there's not enough white men,' John Hope Bryant says

Corporate DEI efforts are vital for U.S. economic growth, as demographic shifts make inclusion imperative for future prosperity.

El Salvador's Bitcoin Stash Rises Above $500M, but Bhutan Story Might Be Even Bigger

Bhutan's bitcoin holdings represent over one-third of its GDP compared to El Salvador's 1.5%.
#trump

Trump will be able take credit for large parts of Biden infrastructure spending-if he wants to

Trump enters office amid economic growth and significant infrastructure projects, rising from Biden's term.

Biden leaves Trump a booming economy, with almost no unemployment and inflation under control

The U.S. economy has improved significantly under Biden, with 16 million jobs created and low unemployment rates.

What the Democrats Couldn't Outrun

Voters prioritized the economy over abortion and other issues in the election.

Europe faces a 'full-blown recession' under Trump's tariffs, big bank says

Trump's proposed economic policies could trigger a recession in the eurozone by intensifying trade wars and tariffs.

AOC asked voters why they backed her candidacy and Trump's reelection. They said the economy and Gaza.

Voters expressed support for AOC and Trump citing the economy and Gaza conflict as significant issues influencing their decisions.

Charlamagne STUNNED After ABC's Jon Karl Tells Him Trump Won a Third of Minority Votes: No REALLY?!'

Charlamagne tha God expressed surprise at Trump's minority voter support, attributing it to economic and daily concerns over identity politics.

Trump will be able take credit for large parts of Biden infrastructure spending-if he wants to

Trump enters office amid economic growth and significant infrastructure projects, rising from Biden's term.

Biden leaves Trump a booming economy, with almost no unemployment and inflation under control

The U.S. economy has improved significantly under Biden, with 16 million jobs created and low unemployment rates.

What the Democrats Couldn't Outrun

Voters prioritized the economy over abortion and other issues in the election.

Europe faces a 'full-blown recession' under Trump's tariffs, big bank says

Trump's proposed economic policies could trigger a recession in the eurozone by intensifying trade wars and tariffs.

AOC asked voters why they backed her candidacy and Trump's reelection. They said the economy and Gaza.

Voters expressed support for AOC and Trump citing the economy and Gaza conflict as significant issues influencing their decisions.

Charlamagne STUNNED After ABC's Jon Karl Tells Him Trump Won a Third of Minority Votes: No REALLY?!'

Charlamagne tha God expressed surprise at Trump's minority voter support, attributing it to economic and daily concerns over identity politics.
moretrump
#labour-market

AI may displace 3m jobs but long-term losses relatively modest', says thinktank

AI could displace 1m to 3m jobs in the UK, but new roles will arise, leading to low unemployment growth.

UK jobs market in spotlight after Reeves's tax rises on employers

The unemployment rate has risen slightly, and the labour market may be cooling due to economic changes.

AI may displace 3m jobs but long-term losses relatively modest', says thinktank

AI could displace 1m to 3m jobs in the UK, but new roles will arise, leading to low unemployment growth.

UK jobs market in spotlight after Reeves's tax rises on employers

The unemployment rate has risen slightly, and the labour market may be cooling due to economic changes.
morelabour-market

'London's best-kept secret': Inside the $1.1 billion midnight market that fuels Harrods, Claridge's and the capital's Michelin-starred restaurants

New Covent Garden Market plays a pivotal role in London's food supply and local economy, operating as a familial, community-oriented hub.

A Saudi government official had only 3 career options when he graduated but says his 16-year-old daughter has many more

Saudi Arabia is transitioning from a resource-based economy to one with diverse opportunities for future generations.

Voters Just Didn't Believe in Biden's Economy

Despite significant economic legislation, Democrats faced electoral losses, indicating potential disconnect between policy impact and voter sentiment.
#voting-behavior

Young Black and Latino men say they chose Trump because of the economy and jobs. Here's how and why

A notable shift occurred in younger Black and Latino men supporting Trump, driven largely by economic concerns.

MSNBC Guest Claims Protecting Whiteness' and Fear of Minority Kids in TV Commercials Propelled Trump to Victory

Racial identity concerns significantly influenced voter behavior in the 2016 election, overshadowing economic worries according to Eddie Glaude Jr.

Young Black and Latino men say they chose Trump because of the economy and jobs. Here's how and why

A notable shift occurred in younger Black and Latino men supporting Trump, driven largely by economic concerns.

MSNBC Guest Claims Protecting Whiteness' and Fear of Minority Kids in TV Commercials Propelled Trump to Victory

Racial identity concerns significantly influenced voter behavior in the 2016 election, overshadowing economic worries according to Eddie Glaude Jr.
morevoting-behavior

Labour's Budget leaves 90% of venues struggling with unmangeable costs and many will go bust - London Business News | Londonlovesbusiness.com

The UK nightlife sector is facing a potential crisis with 90% of businesses severely impacted by cost increases and consumer spending declines.

Over 80% of Millennials say they can't afford a midlife crisis

Millennials feel they can't afford a midlife crisis due to economic challenges, leading to a crisis of purpose and engagement.

The Fed Just Cut Rates Again, but Mortgage Rates Keep On Rising

Fed rate cuts won't lead to lower mortgage rates immediately.

Some hotels 'might never return to tourism' after state contracts to house migrants end

The accommodation of migrants in hotels significantly impacts the tourism sector and local economies, necessitating renovations for potential return to regular use.

Richard Curran: Why economic storms on horizon could have chilling effect on sunny political outlook

The Government prioritizes its economic record in the election, but voters are worried about housing, childcare, and living costs.

China unveils $1.4 trillion stimulus in effort to boost flailing economy

China announces a $1.4 trillion stimulus to help local governments amidst economic struggles, but experts warn it won't resolve deeper financial issues.
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