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The Latest Breaking News from Economy

Donald Trump Says 'No Inflation!!!,' But This Economist Asks 'Says Who?' As August CPI Rises In Line With Estimates

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

Benzinga

Why the UK economy failed to grow in July

IN FULL

The Independent UK

UK economy flatlined in July after sharp contraction in manufacturing

The sector saw activity fall by 1.3 per cent, holding back growth in the wider economy

The Independent UK

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Economy flatlined in July after sharp contraction in manufacturing

The manufacturing sector saw activity fall by 1.3%.

Evening Standard

Britain's 'stuck' economy flatlined in July with zero growth, ONS reveals

‘We know there's more to do to boost growth because whilst our economy isn't broken, it does feel stuck’ - Treasury spokesperson

Evening Standard

FTSE 100 Live 12 September: Index near record as miners rally, UK economy fails to grow

New GDP figures today showed the UK failed to grow during July, adding to pressure on Chancellor Rachel Reeves.

Evening Standard

UK economy flatlines in July in grim news for Rachel Reeves

Official GDP figures confirm widely expected slowdown after strong expansion in first half of the year

The Guardian - UK

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Pound dips after UK economy doesn’t grow in July; Ocado shares slide 20% amid robotic warehouses demand fears – as it happened

Economy “does feel stuck”, says Treasury spokesperson, after UK GDP is unchanged in July

The Guardian - UK

Asian shares track Wall Street rallies as a US interest rate cut next week looks more certain

Asian shares rose Friday, tracking Wall Street’s record-setting run after a mixed set of U.S. data bolstered expectations that Federal Reserve will cut interest rates to boost the economy

The Independent UK

Canada: Carney unveils array of national projects to ‘turbocharge’ economy

List leaves out oil pipelines and focuses on LNG expansion, mines and nuclear power as it fends off US trade war

The Guardian - US

Who Wants To Be A Trillionaire? The Fed Chair Game Show

The chair of the Federal Reserve commands one of the most powerful positions in global finance. Whoever holds the role doesn't just steer U.S. monetary policy – but shapes the trajectory of the world's reserve currency, influencing everything from the cost of mortgages in Arizona, to the price of debt…

Benzinga

Exclusive: Lutnick moves goalposts on Trump's ownership of economy: "end of this year"

As the numbers have gotten worse, Trump officials have pointed to later windows to "own" the economy.

Axios

Why is Lagarde holding rates? The economy is in a 'good place'

Lagarde says the eurozone economy is 'in a good place' as the ECB keeps its benchmark rate steady at 2.00%. With inflation near target and growth revised up, rate cuts are off the table, for now.

Euronews

What's Going On With Taiwan Semiconductor Stock Thursday?

Taiwan Semiconductor Manufacturing Co. (TSMC) is simultaneously reshaping the Arizona economy and solidifying its leadership in advanced chipmaking.

Benzinga

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The Independent UK

Inflation spiked in August as Trump’s tariffs went into full effect ... and that’s not all the bad news for economy

Increases in the costs of food, shelter and energy caused inflation to spike and increase the likelihood of an interest rate cut

Benzinga

Inflation And Unemployment Are Soaring–And The Fed Is Now Trapped

Thursday's economic releases revealed an unusual mix of rising prices and a spike in jobless claims — a toxic cocktail that thrusts the U.S. economy into a stagflationary environment and places the Federal Reserve in one of the toughest positions a central bank can face.

Euronews

European Central Bank leaves key deposit rate unchanged at 2%

As analysts widely expected, the European Central Bank kept its benchmark interest rate untouched on Thursday. This comes as the eurozone economy shows signs of resilience and inflation remains close to the ECB’s 2% target.

The Conversation

When ‘sustainable’ fashion backfires on the environment

The circular economy – the idea of “reduce, reuse and recycle” – has long been promoted as one solution to the environmental crisis. Instead of the old “take, make, use, throw away” model, it aims to keep materials in play for as long as possible.

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The Independent UK

European Central Bank expected to keep rates on hold as economy weathers Trump's tariffs

Inflation is back under control, and the European economy is weathering Trump’s tariff onslaught better than expected

Fortune

The 'Great Lock-In' is more than a Gen Z TikTok trend—it's a rejection of millennials' 'soft life' and taking back power in this economy

Remember when "hustle culture" was a thing, then generation burnout? That's such a millennial way of looking at things.

International Business Times UK

Washington to Westminster: US Deniers Steer Nigel Farage Climate Agenda, Risking £200bn Green Sector Collapse

Nigel Farage's Reform UK, steered by Heartland Institute climate deniers, threatens net zero goals and £200bn green sector jobs. 2025 data warns of collapse

Evening Standard

Chancellor says economy ‘stuck’ as Treasury reviews business rates cliff edges

The Treasury said it would consider overhauling small business rates relief rules which ‘can discourage’ expansion and investment

The Independent UK

Rachel Reeves admits economy is ‘stuck’ as she confirms business rates overhaul

British Retail Consortium said the business rates system is ‘outdated, overly complex and economically damaging’

International Business Times

France Political Crisis Looms Over ECB Meeting

France's political crisis will likely take centre stage at a European Central Bank meeting Thursday, with turmoil in the eurozone's second-biggest economy causing a fresh headache for policymakers.

Benzinga

PayPal Crypto Executive Steve Everett Calls Startup's Stablecoin-Powered Agent Network A 'Killer Combination' For Global Commerce

PayPal (NASDAQ:PYPL) is betting that a "killer combination" of stablecoins and blockchain-based infrastructure can unlock a new machine-driven economy.

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