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The Latest Breaking News from Economy

The dollar index (DXY00 ) on Thursday rose by +0.19%. The dollar recovered from a 2.5-week low and moved higher as T-note yield rose after weekly jobless claims unexpectedly fell to a 3-month low, a sign of labor market strength that is hawkish for Fed policy and positive for the...

Barchart

Ray Dalio issues his most dire warning to America yet: The ballooning $37 trillion debt will trigger an ‘economic heart attack’

The hedge fund billionaire is talking about the nearly $37 trillion national debt—again.

Fortune

Dollar Pressured by Signs of Slower US Manufacturing Activity

The dollar index (DXY00 ) today is slightly lower by -0.03%. The dollar gave up an early advance and dropped to a 2.5-week low on today's weaker-than-expected US PMI and new home sales reports. The dollar also fell as improved prospects for an EU trade agreement with the US boosted...

Barchart

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Trump To Tour Fed As War On Central Bank Chief Ramps Up

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.

International Business Times

UK firms cutting staff at fastest pace since February as economy struggles

Headcounts being reduced in response to higher taxes and uncertainty over US tariff threats, PMI survey shows

The Guardian - UK

Starmer and Modi hail ‘historic day’ as UK-India trade deal is signed

Free trade agreement projected to boost UK economy by £4.8bn a year and attract £6bn of investment

The Guardian - UK

EU tells China ties have ‘reached inflection point’ at tense Beijing summit

European officials accuse China of ‘enabling Russia’s war economy’

The Independent UK

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Trump is losing support from men as approval rating drops below 50%

The same issues that drew men to support president — immigration, inflation, and the economy — are now driving them away

The Independent UK

Trump Shock Treatment Ignites Copper Boom—And It's Only Getting Started

They call it Dr. Copper for a reason. When the reddish-brown metal surges, it’s often a sign that the global economy is firing on all cylinders.

Benzinga

5 Side Gigs That Could Benefit From a High-Tariff Economy

Discover 5 side gigs that could actually thrive in a high-tariff economy—smart ways to profit when global trade tensions rise.

GOBankingRates

Can You Save $10K in 100 Days? This Money-Saving Hack Can Grow Your Wealth

Whether you're concerned about the economy or just want a better chance of reaching your wealth goals, pulling back on spending and increasing your savings are wise financial moves. To make the...

GOBankingRates

I Asked ChatGPT What Elon Musk’s ‘America Party’ Could Mean for the Economy — Here’s What It Said

Could Elon Musk’s proposed "America Party" reshape fiscal policy and the economy? ChatGPT weighs in on debt, disruption and what it could mean for your money.

GOBankingRates

If Every Worker in America Earned the Same Paycheck, What Would Happen to the Economy?

When you remove individual compensation differences across the entire workforce, say, by mandating a single national wage, it changes everything.

GOBankingRates

How Taiwan Is Betting Big On AI To Power Its Economy

Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) saw its stock recover some losses on Wednesday after closing lower on Tuesday. This rebound comes as the company continues to benefit from robust demand for artificial intelligence (AI) technologies and Taiwan unveils ambitious plans to bolster its position as a global AI powerhouse.

Benzinga

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The Conversation

The circular economy could make demolition a thing of the past – here’s how

Most of us are already quite comfortable recycling our household waste. In Spain, for instance, millions of tonnes of packaging are processed every year, but did you know that buildings and their materials can also be recycled, or that an entire building could be completely dismantled and reassembled?

The Conversation

Auckland is NZ’s ‘primate city’ but its potential remains caged in by poor planning and vision

The recent report comparing Auckland to nine international peer cities delivered an uncomfortable truth: our largest city is falling behind, hampered by car dependency, low-density housing and “weak economic performance”.

The Conversation

As Sri Lanka’s economy pivots from tourism, it’s well placed to benefit from global trade and geopolitical jostling – new research

With its natural beauty, wildlife and culture, Sri Lanka is known as the “pearl of the Indian Ocean”, and attracts millions of tourists every year.

Sports Illustrated

In Search of Equity, WNBA Players Have a Nobel Laureate on Their Side

Harvard economist Claudia Goldin, who focuses on the role of women in the American economy, has been advising the WNBPA in its CBA negotiations.

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news in one place.

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Benzinga

Micron Launches First Space-Ready Memory Chip To Power AI Missions In Orbit

Micron Technology (NASDAQ:MU) announced on Tuesday that it has launched a high-density, radiation-tolerant SLC NAND chip, marking its first space-qualified memory product and expanding its footprint in the booming space economy.

The Conversation

Bangladesh sees small glimmers of economic hope a year after longtime autocrat ousted in people’s revolt

By the time a student-led protest movement erupted into a full-scale revolution in Bangladesh in July 2024, the country’s economy was already in free fall.

GOBankingRates

I Asked ChatGPT How To Make Money in a High-Tariff Economy: Here’s What It Said

I asked ChatGPT how to earn money in a high-tariff economy. ChatGPT delivered very specific suggestions of entrepreneurial endeavors.

Al Jazeera

Why Trump’s attacks on Jerome Powell are raising fears for the US economy

The US president’s broadsides against the Fed chair have prompted concern about the independence of the US central bank.

AAP

Brisbane goes for gold with $70b win from 2032 Olympics

The next Olympic Games in Australia is forecast to inject more than $70 billion into the economy over 20 years but an expert has cast doubt over its legacy.

Benzinga

Former Fed Chairs Ben Bernanke, Janet Yellen Warn Trump's Pressure On Powell Could Lead To 'Inevitably Higher Inflation And Economic Damage'

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen have cautioned that President Donald Trump‘s ongoing pressure on the current Fed chief, Jerome Powell, could have dire long-term consequences for the U.S. economy.

Evening Standard

Restoring VAT free shopping will deliver £3.7 billion boost say business leaders

Abolishing the tourist tax will draw in millions of visitors from across the EU argue the Association of International Retail

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