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The Latest Breaking News from Economy

‘Hard times for MAGA’: Over a third of Trump’s fiercest supporters forced to admit cost of living crisis is the worst in memory

2026 midterms not looking great for the GOP.

We Got This Covered

Starmer sets out plans to cut child poverty by 550,000

The Prime Minister said action to tackle child poverty could help the economy in the long-term and ease pressure on public services.

Evening Standard

MAGA feels the pinch: Over a third of Trump voters say they’re facing the worst cost of living crisis yet

As discontent grows, many voters blame Trump for the current state of the economy, according to a new poll.

The Independent UK

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David Lammy says rejoining EU customs union could boost UK economy

Deputy PM joins growing chorus of support in Labour to undo Brexit

The Independent UK

New Car Prices Hit $49,766 in October. Rolling Back Fuel Economy Regulations Could Bring Relief.

Here's a Trump reform that could actually make something more affordable.

Reason

How America's High-Income Splurge Is Quietly Propping Up Service-Sector ETFs

America’s increasingly K-shaped economy is showing up loud and clear in ETF performance-and the winners are the funds tied to service spending, travel, experiences, and digital consumption. While lower-income households pull back, affluent consumers are keeping service-sector ETFs surprisingly resilient, offering investors a rare pocket of strength in an otherwise…

Benzinga

America, meet your alienated youth: ‘Gold standard’ Harvard survey reveals Gen Z’s anxiety and distrust, defined by economic insecurity

The Harvard Youth Poll pulls back the curtain to reveal a generation defined by widespread distrust in the economy.

Fortune

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Trump: Japan's 'Cute' Kei Cars Are Coming to America

Update: In an emailed response to Motor1's questions, a Department of Transportation spokesperson told us:

Motor1

The Auto Industry Won't Fall For The Fuel Economy Rug-Pull

Today on Critical Materials: the fuel economy rug pull won't fool automakers again, car companies look at side hustles and Waymo is headed to Philly.

InsideEVs

Women’s voices at the G20: action urged on economic empowerment, care work, health, climate justice and forced labour

The G20 group of the world’s 20 most powerful economies and the African and European Unions has a group dedicated to women empowerment – the Women 20 (W20). Set up in 2015 to promote gender equality and women’s economic empowerment, it’s one of 13 official engagement groups in the “Sherpa…

The Conversation

9 Outdated Pieces of Financial Advice That Are Now Dangerous

Financial advice is everywhere—family, friends, blogs, and random people at parties who swear they know the “secret” to wealth. The problem? Some of that advice hasn’t just aged poorly—it’s actually risky in today’s economy. What worked in the 1980s or even the early 2000s can now set you up for…

The Free Financial Advisor

How Much Everything Cost in 1986 — From Rent to Gas Prices

1986 was a wild year. Madonna was ruling the charts, “Top Gun” had everyone screaming “I feel the need… the need for speed,” and shoulder pads were still somehow a thing. But beyond the pop culture nostalgia, the economy of the mid-80s had its own quirky charm. Things that seem…

Everybody Loves Your Money

How the UK’s dependency on cars slows down the economy

The UK government makes a lot of money from cars. It taxes car ownership, it taxes the fuel, and it is about to charge drivers of electric vehicles by the distance they travel.

The Conversation

Washington Brings Together Business and Technology Leaders to Highlight Practical Solutions Shaping the U.S. Economy in 2025-2026

On December 4, Washington, D.C. hosts an annual gathering of entrepreneurs, technologists, and industry leaders who work on practical solutions to strengthen the U.S. economy and infrastructure. The focus of the event is on projects that deliver measurable public value, including modernizing logistics, improving safety, reducing infrastructure pressure, and expanding…

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Barchart

Things to Think About Thursday

Most of the talk early Thursday morning has to do with the US labor market following Wednesday's weak ADP number for November.

Axios

Scoop: Trump plots a travel blitz to tout his economy

He wants to push back against attacks over his handling of cost-of-living issues — and some voters' dim view of his efforts.

Axios

Gen Z loses faith in America

Financial insecurity, political polarization and AI are eroding Gen Z's faith in public institutions and the economy.

Axios

Main Street bust threatens the entire economy

The economic fortunes of mom-and-pop businesses are diverging from their larger counterparts.

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news in one place.

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The Independent UK

Scotland’s first Center Parcs gets planning approval go-ahead

The major new development is said to be ‘transformational’ for the Borders economy

Tom’s Guide

I drove the Hyundai Tucson Hybrid and Toyota Corolla Cross Hybrid for a week — here's the winner

I put the 2025 Hyundai Tucson Hybrid and 2025 Toyota Corolla Cross Hybrid to the test to see which affordable hybrid SUV is the better option.

Benzinga

Gavin Newsom Slams Trump For Letting China Dominate EVs — Criticizes CAFE Rollback Which Will 'Poison' Air: 'We'll Fight Tooth And Nail…'

California Governor Gavin Newsom (D-Calif.) has slammed the Trump administration for letting China race ahead of the U.S. in the electric vehicles and clean energy sectors.

Benzinga

Ford CEO Jim Farley Hails Trump's CAFE Rollback, Reaffirms Investment In US-Made Cars—Sean Duffy Says Decision Will Save $109 Billion For Americans

Ford Motor Co. (NYSE:F) CEO Jim Farley has reaffirmed the automaker's commitment to building more affordable cars as President Donald Trump scaled back Corporate Average Fuel Economy (CAFE) norms.

Benzinga

10 Bold Market Calls For 2026 From Bank Of America: AI Boom, Strong GDP, Lower Yields

Bank of America Global Research expects the global economy to enter 2026 with more momentum than investors anticipate, calling for stronger U.S. and China growth, continued AI-driven investment, and a shift in market leadership.

Benzinga

AI Isn't Just Replacing Workers. It Is Also Making College Degrees Less Valuable And Can Leave Recent Graduates With 'Long-Lasting Scars For Decades'

Artificial intelligence has been replacing workers, and that can make colleges less valuable. CNBC detailed in a video released on YouTube that covers how AI is impacting recent graduates and how it can affect the economy.

The Independent UK

Once again, Vladimir Putin indicates he wants the war in Europe to go on

THE INDEPENDENT VIEW: Editorial: By entertaining a Ukrainian peace deal whose miserable terms not even a desperate US president could accept – before then promptly abandoning it – Moscow is stalling for time. The coalition of the willing must put more pressure on the faltering Russian economy

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