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The Latest Breaking News from Economics

Should You and Your Wallet Care About the Big Beautiful Bill’s Impact on the National Debt?

Trump's budget reconciliation law could have a large impact on American economics. In particular, how could the national debt impact Americans' wallets?

GOBankingRates

Why copper, aluminium and steel are at the core of Trump's MAGA ideology

Trump’s 50% tariffs on steel, copper and aluminium go beyond mere economics — they’re a bid to reclaim lost US industries and energise his MAGA base.

Euronews

Pound on track for worst month in almost two years; ‘no evidence of malign activity’ behind UK airport disruption – as it happened

Live, rolling coverage of business, economics and financial markets as minister Heidi Alexander says problem was ‘isolated event’ after meeting under-fire head of Nats air traffic controller

The Guardian - UK

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US economy grows faster than expected as Trump announces 25% tariffs on India – as it happened

Live, rolling coverage of business, economics and financial markets as world’s biggest economy grows at 3% annualised rate in data distorted by trade wars

The Guardian - UK

How Disney classics help me teach real-world economics

Disney celebrated the 75th anniversary of Cinderella in February this year, with the message that she didn’t just believe in dreams, but did something about them by going to the palace to get Prince Charming.

The Conversation

IMF warns on risks to global economy amid tariff trade shock – as it happened

Live, rolling coverage of business, economics and financial markets as economists say ‘risks to the global economy remain firmly to the downside’ amid Donald Trump’s trade war

The Guardian - UK

As Trump’s August 1 deadline looms, tariffs are here to stay, experts say

Trump’s protectionist moves likely to keep pushing countries to lessen their reliance on the US, analysts say.

Al Jazeera

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Dollar strengthens against euro as US-EU trade deal limits uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as European stock market rally fizzles out

The Guardian - UK

If the economics of broadening or lifting Australia’s GST are challenging, the politics are horrendous

Labor is fundamentally opposed to changing the tax on consumption on the basis it hurts poorer Australians. And the worry about fairness is real

The Guardian - AU

US Housing Market Will Likely Continue To Worsen As Long As It Is Faced With These 2 Key Problems, Says Oxford Economics

Oxford Economics warns the U.S. housing slowdown still has room to run, citing a double bind of "high prices, elevated mortgage rates" and rising construction costs that will keep both buyers and builders on the defensive through year‑end.

Benzinga

Oxford Economics says the crumbling housing market will continue deteriorating because of two key factors

Home prices are 55% higher than they were at the beginning of 2020.

Fortune

European Central Bank leaves interest rates unchanged despite trade war uncertainty – as it happened

Live, rolling coverage of business, economics and financial markets as policy rate left at 2%

The Guardian - UK

As Trump’s tariff deadline looms, economists see calm before the storm

Trump’s tariffs have had a limited impact on the global economy so far, but analysts fear the worst is yet to come.

Al Jazeera

Big Beautiful Bill: Why Donald Trump is obsessed with the manipulative language of size

Small is Beautiful: A Study of Economics as if People Mattered is the title of the highly influential 1973 book written by the German-born British economist E.F. Schumacher.

The Conversation

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The Guardian - UK

The quiet, matter-of-fact takeover of women holding senior economist roles

From Rachel Reeves to the MPC, and thinktanks to unions and lobby groups, many of the authoritative voices we hear discussing economics are female

Benzinga

Trump's Tariff Threat, Inflation Dynamics And Federal Reserve Updates: This Week In Economy

The past week was a rollercoaster ride in the world of economics and finance. From President Donald Trump’s tariff threats against Russia to the Federal Reserve’s cautious stance amidst rising inflation, there was no shortage of headlines.

The Independent UK

Did money or politics cause Colbert cancellation? Either way, the economics are tough for TV

CBS parent Paramount insists that this week's decision to cancel Steven Colbert's “Late Show” was strictly financial, and had nothing to do with politics

The Guardian - UK

David Boyle obituary

Political economist and author who promoted ideas such as time banks and community sharing

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news in one place.

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The Guardian - UK

‘It feels cool to be a cog in change’: how doughnut economics is reshaping a Swedish town

A casual mention of Kate Raworth’s theory has grown into the basis for decision making in Tomelilla

The Guardian - UK

The Guardian view on Reeves’s trickle-down economics: deregulation dressed as economic renewal

Editorial: The ‘Leeds reforms’ revive a finance-first growth model – repackaging a failed economics as strategy, while sidelining real investment and wages

Plunged in Debt

10 Celebrities Who Had to Fight to Make a Comeback After a Major Flop

A blockbuster career can come crashing down in a single flop. Whether the project bombs at the box office or blows through the budget, celebrities often lose more than their pride—they lose their paychecks, their rep, and sometimes their life savings. This isn’t gossip; it’s a harsh reality of showbiz…

Fortune

The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says

Don't expect mortgage rates to drop anytime soon, the London-based research firm says.

Fortune

Is your city a winner or loser in the return-to-office race? Capital Economics breaks it down

The London-based research firm also issued a forecast through 2029, finding three cities rising above the rest.

Fortune

There's a 'growing risk' Fed will have to cut interest rates by 50 basis points in December to 'catch up' to a sagging labor market, Oxford Economics

Interest rate cuts could mean the economy is in the clear after the spring’s recession fears—or the labor market suddenly collapsed.

The Conversation

Higher ed’s relationship with marriage? It’s complicated – and depends on age

The longer someone stays in school, the more likely they are to delay getting married – but education does not reduce the overall likelihood of being married later in life, according to our research recently published in Education Economics. Education also influences who Americans marry: Obtaining a four-year degree vs.…

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