The latest Economy News: breaking news on the global and UK economy and international investments including audio and video coverage.

Colorado business leaders worry about new regulations

Colorado business leaders are much less worried about finding new workers than they were a year ago, but they have increasingly soured on the state’s regulatory climate, and a host of new labor laws passed in recent years are cited as a chief reason why. “Having conducted more than 50 studies of businesses in other states, this is the greatest […]

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Toro Slips Over 12% On Q3 Loss, Lower-than-expected Annual Outlook

Shares of The Toro Company (TTC) were trading down over 12 percent on Thursday after the company registered a loss for the third-quarter and revised down its full year 2023 guidance below analysts’ view. TTC was trading down by 12.97 percent at $87.16 per share on the New York Stock Exchange. For the third-quarter, the outdoor solutions provider posted a […]

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UK Construction Growth Slows On Housing Downturn, Weak Demand

The British construction sector expansion slowed in August as the growth in the commercial and civil engineering segments were not strong enough to offset a steep slump in house building and sharply weakening demand due to rising borrowing costs, the purchasing managers’ survey results from S&P Global showed on Wednesday. The Chartered Institute of Procurement & Supply Construction Purchasing Managers’ […]

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Economic Data This Week Has Stoked Hopes for a Pause in Interest Rate Hikes

Before Thursday morning’s economic data dropped, index futures traded slightly higher, with the Dow Jones industrials showing the biggest gain (up 0.5%). After the news dropped, index futures appeared to have been trading right around investors’ expectations. Initial claims for unemployment benefits dipped slightly week over week from a revised total of 232,000 to 228,000. Continuing claims rose from a […]

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Younger investors opt for robots to bypass costly financial advice

Save articles for later Add articles to your saved list and come back to them any time. Younger Australians looking for simple investment advice are eschewing high-cost traditional providers in favour of newer, robo-advice and digital platforms, as the number of financial advisers continues to fall. Gautam Paalep, who works in finance, is one such investor who uses a micro-investing […]

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Fear is in the air as China’s problems get even worse

Save articles for later Add articles to your saved list and come back to them any time. When China’s authorities resort to a measure last used in 2008, in the midst of the global financial crisis, you know that anxiety is increasing in Beijing. Last weekend the authorities halved the stamp duty on share trades, lowered margin deposit requirements for […]

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How to make sense of Treasury’s latest intergenerational report

Save articles for later Add articles to your saved list and come back to them any time. Our sixth intergenerational report envisages an Australia of fewer young people and more elderly, with slower improvement in living standards, climate change causing economic and social upheaval, aged and disability care becoming our fastest-growing industry, and home ownership declining, while we spend more […]

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Hottest Place in the World Today

Parts of Texas and Arizona are baking at temperatures above 110°F today. Phoenix recently endured a 30-day stretch exceeding this level. This extreme heat raises the question – can people survive at these temperatures, especially without air conditioning or other means of cooling? In some parts of the world, the heat is even more intense, forcing people to consider abandoning […]

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$675 Montana Property Tax Rebates: Are You Aware of This New Change?

Montana’s Department of Revenue has made an important announcement regarding the property tax rebates. According to the department, all Montana property tax rebates will be sent by paper check. The department has removed the option to get the rebate payment through direct deposit. Why Only Physical Checks? On Thursday, the Department of Revenue announced that all Montana property tax rebates […]

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