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The Latest Breaking News from Economy

OPINION - Labour's mansion tax plan is unfair, unworkable and will choke London's economy

Rumoured levy sends a clear message: success is something to be taxed, not celebrated

Evening Standard

Federal Reserve to cut key rate Wednesday, may signal another cut to follow

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring

The Independent UK

How long can the Russian economy continue to fund the frontline?

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts.

Euronews

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'Valve does not get anywhere near enough criticism': DayZ creator Dean Hall says the 'gambling mechanics' of Valve's monetization strategy 'have absolutely no place' in videogames

Are we all letting Valve off easy for its loot crate economy?

PC Gamer

What do we know about England’s Overnight Visitor Levy Bill and other UK tourist taxes?

Local mayors could soon be given the power to impose the levies on visitors in England

The Independent UK

Fuel economy standards rewrite poised to deal a blow to EVs - Roll Call

Coming rewrite of Corporate Average Fuel Economy standards is the latest blow to federal support for the EV market.

Roll Call

Rate Cuts, Meltups, And Market Euphoria — Ed Yardeni Says It's 1999 All Over Again

The Fed is set to lower interest rates again this year, but according to Ed Yardeni, the economy doesn't need the help—and the result could be a stock market meltup reminiscent of the late 90s tech frenzy.

Benzinga

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OpenAI Says $1 Trillion AI Buildout Could Lift GDP By 5%, Urges 100 GW Energy Push To Close 'Electron Gap' With China: Report

OpenAI reportedly projects that the U.S. economy could see substantial gains by 2030, provided the government invests heavily in AI infrastructure.

Benzinga

An Indigenous approach shows how changing the clocks for daylight saving time runs counter to human nature – and nature itself

It is that time again. Time to wonder: Why do we turn the clocks forward and backward twice a year? Academics, scientists, politicians, economists, employers, parents – and just about everyone else you will interact with this week – are likely debating a wide range of reasons for and against…

The Conversation

Trump’s ‘golden age’ economic message undercut by his desire for much lower interest rates – which typically signal a weak jobs market

President Donald Trump seems to want to have it both ways on the U.S. economy.

The Conversation

I Asked ChatGPT What Will Happen To Inflation If the Fed Keeps Cutting Interest Rates: Here’s What It Said

ChatGPT explained how Federal Reserve rate cuts could impact inflation, the U.S. dollar and your own wallet. Find out more about what it could mean now.

GOBankingRates

Hurricane Melissa Jamaica Updates: Tourism Shutdowns and Economic Fallout Loom as Category 4 Storm Nears Landfall

Hurricane Melissa nears Jamaica as a Category 4 storm, forcing airport closures and threatening the island's tourism industry and economy.

International Business Times UK

Why is Washington acting like the U.S. is in a recession?

On paper, the economy is growing and unemployment is low. But federal government policymakers are behaving like there is an imminent crisis.

Fortune

Ray Dalio says America is developing a ‘dependency’ on its top 1% of workers, while the bottom 60% are struggling and unproductive

“I think the issue is very much that you can’t look at the U.S. as a whole nowadays,” the Bridgewater Associates founder said at the Fortune Global Forum in Riyadh on Monday.

Fortune

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Benzinga

Scott Bessent Warns Military Pay At Risk By Mid November Amid Shutdown: 'What An Embarrassment'

Treasury Secretary Scott Bessent accused Democratic leaders of causing the ongoing government shutdown and condemned the Democratic-led boycott for harming both the economy and military personnel.

International Business Times UK

What Is Japan's New Yen-Pegged Stablecoin — And Why It Could Be The Future Of Money

Japan has launched the world's first yen-pegged stablecoin, marking a major step toward digital money backed by government bonds. Here's how this innovation could reshape Japan's economy and the global future of finance.

The Guardian - UK

Reeves to lead trade mission to Saudi Arabia amid human rights concerns

Ministers hope to secure a deal with the Gulf Cooperation Council that could add £1.6bn to the UK economy

GOBankingRates

I Asked ChatGPT What Will Happen To the Stock Market If the Fed Keeps Cutting Interest Rates: Here’s What It Said

nvestors can't stop watching the Federal Reserve this year as it continues slicing interest rates to stimulate the slowing economy.

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news in one place.

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Fortune

Inside the $22 trillion world of private capital, an asset class so big it would be the world's second-largest economy

And a look inside the $1.5 trillion-$3 trillion private credit space that is emerging within it as the backbone of the great data-center buildout of 2025.

Evening Standard

Reeves heads into Budget with public finances in challenging state – Streeting

Health Secretary Wes Streeting said the economy was not ‘out of the woods yet’ ahead of Rachel Reeves’ November 26 Budget.

Benzinga

Kevin O'Leary Warns Young Entrepreneurs: 'If All You Do Is Sit And Worry And You Don't Start, You'll Never Get There'

Investor and Shark Tank star Kevin O'Leary is urging young entrepreneurs to ditch fear and embrace failure, saying real founders take risks even when the economy looks uncertain.

The Conversation

Ghana’s banks are not lending enough to sectors where it matters most, like agriculture and manufacturing

Bank lending is a major source of funding for businesses in Ghana. It helps pay for operational expenditure and investment in expansion of productive capacity. Therefore, it is important that there is substantial, affordable, and accessible financial credit for all businesses in the medium to long term. More than this,…

The Guardian - UK

Do populists always crash the economy?

Argentina is counting the cost of its turn to Javier Milei. Politicians from Donald Trump to Giorgia Meloni and Nigel Farage will be closely watching what happens next

Fortune

Russia's 'disposable-goods' war economy is getting busier but poorer, and Trump's new sanctions could trigger a recession, analysts say

"But the country has exhausted its reserves of manufacturing capacity and manpower."

Benzinga

Days After Pardon, CZ Says Crypto Will 'Make a Lot of Money for the Country'

Binance co-founder Changpeng Zhao believes that cryptocurrency will significantly contribute to the U.S. economy.

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