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The Latest Breaking News from Economy

Seven-surplus budget target despite growing debt

South Australia is reaping the benefits of growth in jobs and investment, with a budget review predicting four future surpluses.

AAP

What to know about the possible impact of Japan's rate hike

Global investors are bracing for a hike by the Bank of Japan that may take its key interest rate to a 30-year high

The Independent UK

Economic Worries Persist as Approval of Trump's Handling Of The Economy Stays Below 40%, Fox News Poll Shows

A majority of Americans continue to view the U.S. economy negatively and say they are falling behind financially, according to a new report.

Latin Times

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The AI efficiency illusion: why cutting 1.1 million jobs will stifle, not scale, your strategy

The canary in the coal mine for the broader economy is the crisis facing Black women.

Fortune

Trump bucked tradition with partisan end-of-year address - Roll Call

Donald Trump broke with past presidents with a prime-time address that some say was an attempt to upend the State of the Union tradition.

Roll Call

Interest rates: Why have they been cut and what does it mean?

Here the Press Association looks at what the decision means and what the Bank of England expects to happen to the economy.

Evening Standard

Narrow Bank of England vote puts end of interest rate-cutting cycle in sight

Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects

The Guardian - UK

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Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy

Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close

The Guardian - UK

Trump Announces 'Warrior Dividend,' Defends Economy In Prime-Time Address

Democratic leaders said his speech glossed over persistent cost-of-living pressures faced by Americans.

International Business Times

Gold, iron ore and population swell big state's coffers

Australia's richest state has unveiled a modest mid-year budget windfall due to strong commodity prices and a growing population.

AAP

France's economic outlook for 2026: How heavy is the debt burden?

France’s economic outlook for 2026 remains constrained by rising debt, high deficits, and political deadlock. Growth is set to recover modestly, but limited fiscal consolidation and reform fatigue continue to weigh on the economy.

Euronews

Trump claims economic successes in national address despite growing disapproval

In a televised speech to the nation, US President Donald Trump insisted on political and economic successes amid eroding popularity.

Euronews

Why Short–Term Bond ETFs Might Be the Best Income Investment for 2026

Forget betting on a turnaround in dividend stocks. Try these two ETFs instead.

Barchart

Bernie Sanders Wants To Pause New Data Centers To Stop the Economy From Growing Too Much

The socialist senator wants a moratorium on new data centers to slow the AI and robotics industries down.

Reason

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Fortune

A U.S. oil blockade on Venezuela could ‘devastate’ its economy and further pressure Maduro. But how far is Trump willing to take it?

Questions abound about whether the White House will add new sanctions to oil tankers trekking to Venezuela and how broad the oil blockade will become.

The Conversation

Karoline Leavitt’s White House briefing doublethink is straight out of Orwell’s ‘1984’

During a press conference on Dec. 11, 2025, White House press secretary Karoline Leavitt announced there was good news on the state of the economy.

The Independent UK

Americans are growing more angry with Trump’s handling of the economy, poll finds

“The longer this goes on, the harder it is to get those numbers back,” one pollster said.

The Conversation

Russia’s war economy is not collapsing, but neither is it stable

Russia’s wartime economy is getting weaker as the war in Ukraine approaches its fourth anniversary, according to a recent report by PeaceRep, a research group led by the University of Edinburgh. The report, Against the Clock? Why Russia’s War Economy is Running Out of Time, finds that Russia is being…

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The Conversation

Who benefits from ‘nation-building’ projects like Ksi Lisims?

When the Canadian government added the proposed Ksi Lisims LNG terminal on Nisg̱a’a territory in northwest British Columbia to its new list of fast-tracked “nation-building” projects this fall, it resurrected an idea many British Columbians thought had quietly faded away: that liquefied natural gas (LNG) exports are central to the…

GOBankingRates

I Asked Grok What Will Happen If the AI Bubble Bursts

The current artificial intelligence (AI) boom has provided a major lift to the stock markets and economy this year. But it also carries at least one major risk: that the AI bubble will burst in much...

The Independent UK

Labour crackdown on foreign workers could hit UK economy by £710m, Starmer warned

Advisers call for salary thresholds for some jobs to be reversed because they’re ‘inefficient’ at cutting migration

Euronews

Italy's cash ceiling proposal: Balancing freedom and fraud concerns

An amendment to Italy's upcoming budget law proposes raising the ceiling for cash payments in the country. While some lawmakers are pushing for more 'consumer freedom', others fear the potential effect on tax evasion and criminal activity.

The Guardian - UK

This is Europe’s secret weapon against Trump: it could burst his AI bubble

Growth in the US economy – and the president’s political survival – rest on AI. The EU must use its leverage and stand up to him, says the Irish Council for Civil Liberties’ Johnny Ryan

Axios

Trump orders oil tankers blockade in Venezuela, labels Maduro regime a "terrorist" group

The escalation exerts unprecedented pressure on the Maduro regime, threatening to bankrupt Venezuela's already struggling economy.

Reason

The Federal Government Has Shed 271,000 Jobs This Year. That's Great.

It's also not the whole story. Federal spending isn't falling and the private sector job market is stagnant.

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