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The Latest Breaking News from Economy

10 Brutal Stats Showing How the Economy Is Crushing Middle America

Middle America has always been the backbone of the nation. Yet, over the past decade, mounting economic pressures have made it harder for many families to get ahead. Wages stagnate while costs soar. Debt piles up. The promise of a stable, comfortable life seems to slip further away for millions.…

Clever Dude

Southport reveals year of cultural events to entice tourists after attack

Town to become ‘elegantly eccentric’ to boost economy after horrific incident that left three young girls dead

The Guardian - UK

Interest rates: Why did the Bank stick to 4% and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Evening Standard

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Ignore the howls around pay-per-mile, chancellor. We can’t afford not to tax electric cars

The issue of how motoring taxes should change as we decarbonise the economy has been dodged for too long. Car salesmen need to get real

The Guardian - UK

Giving a review zero stars sets a dreadful precedent. But here are the one-star shockers I’d downgrade

A singularly horrendous TV show has crashed the star-rating review economy. But if zero stars is the new normal for critical rage, three films deserve the big 0

The Guardian - UK

Socialism Didn't Work In Argentina. It Won't Work For America Either.

To understand this week's election, look to economic and political lessons from Argentina.

Reason

The comedy economy: Nigeria’s online video skits are making millions

Short comedy videos circulating on social media have created a booming industry in Nigeria in the past few years. The country’s comedy creators put their skits out on platforms like YouTube, TikTok and Instagram to reach a massive audience.

The Conversation

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China, world's top carbon pollutor, likely to overdeliver on climate goals. Will that be enough?

Experts say China is likely to exceed its modest climate goals, but question if it will be enough to help the world curb warming

The Independent UK

Agriculture in Brazil: how land-use choices affect biodiversity and the global climate

Over the past 50 years, Brazil has emerged as one of the world’s agricultural giants. Becoming a leading global exporter of soybeans, beef, coffee and sugar has significantly boosted its economy and placed the country at the centre of the global food system. This agricultural development, however, has come at a…

The Conversation

Illegal tobacco burns $3.3bn hole in Australia’s tax revenue, crime agency says

ACIC report says total impact of illicit trade on economy amounted to $4bn in a year amid debate over cigarette excise

The Guardian - AU

Labour’s immigration crackdown could cost the UK £4.4bn, Home Office’s own assessment admits

Starmer’s plan to make it harder for international students to stay in the UK will have a drastic impact on the economy, government assessment finds

The Independent UK

It's the Economy, Not the East Wing, Stupid

Democrats' Election Day victories are downstream of Trump's misguided economic policies.

Reason

‘We’re leading the way’: Starmer defends plans for green economy before Cop30

PM defies critics calling for a slowdown as he flies to Brazil, where he may have frosty reception after opting out of tropical forest fund

The Guardian - UK

Side Hustles That Still Pay in 2025 (And 3 That Don’t)

Side hustles have become a staple for anyone looking to boost their income, pay off debt, or fund a personal goal. But as the economy and technology shift, not every gig is worth your time. Some side hustles that paid well a few years ago just don’t cut it anymore,…

Clever Dude

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The Conversation

Three reasons why so many economists disagree with Donald Trump’s tariffs

Tariffs on imports have been at the heart of Donald Trump’s economic policy since the start of his second term in the White House. And while the president believes that tariffs will be beneficial to the US economy, many eminent economists disagree. Here are three reasons why.

Fortune

McDonald’s and Cava earnings have one thing in common: The K-shaped economy has a vise grip on the lunchtime crowd

The restaurant chain CEOs noted that while young, lower-income consumers are pulling back, high-income earners are still hungry to spend.

Axios

Election results' message: Americans want things cheaper

ABC exit polling found the economy was the top issue for Virginia voters.

The Guardian - UK

Mediocre movies, millions in taxpayer cash: how scores of films from low-profile UK producer were funded mainly by public money

Creative industries are ‘crucial to the economy’ but film-making and tax have long had an uneasy relationship in Britain

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Fortune

Corporate America is trying to tell us something about the economy, top analyst says: A 3-year recession for ‘much of the private economy’ ended in April

Morgan Stanley’s Mike Wilson was a lonely voice on Wall Street calling a “rolling recession” when others saw a boom. Now he sees a “rolling recovery.”

Fortune

The innovation blind spot: how Silicon Valley ignores Middle America

If we want to strengthen our economy and secure our future, we need to broaden our definition of what counts as “innovative.”

The Conversation

China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan.

Radio France Internationale

Mali’s economy near standstill amid JNIM fuel attacks

An ongoing fuel blockade initiated by the JNIM jihadist group in Mali has brought the landlocked Sahel nation’s economy to a near standstill. In an effort to isolate the capital, Bamako, and exert pressure on the ruling junta, the militants have intensified their attacks on fuel tankers, prompting Western governments…

International Business Times UK

50 Cent Invests Millions in Shreveport, One of America's Most Needy Cities, to Build New Entertainment Empire

Rapper-turned-mogul 50 Cent has become one of the largest private property owners in Shreveport, Louisiana, and is investing in a $50 million entertainment district in an effort to boost the city's economy.

Benzinga

Elon Musk, Mark Zuckerberg And Other Top US Billionaires Add $698 Billion Amid Soaring Inequality — Could Trump's Policies Create First Trillionaire?

America’s richest are pulling even further ahead. In the past year alone, the 10 wealthiest U.S. billionaires added $698 billion to their fortunes — a surge that underscores the wealth divide in the world’s top economy.

Evening Standard

Brexit and austerity still causing ‘major problems’ for economy – Phillipson

Education Secretary Bridget Phillipson’s comments came after Chancellor Rachel Reeves prepared the ground for tax hikes in her November 26 Budget.

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