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The Latest Breaking News from Economy

Why hotter summers are bad for the UK economy

When we think about the impact of climate change on the economy, images of droughts in Africa or hurricanes in the Caribbean might come to mind. But even in advanced economies such as the UK, hotter summers are being shown to carry a heavy price.

The Conversation

'The most distrusted' bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

“We agree that the economy is strong and growing," says Northlight's Chris Zaccarelli, "but a lot of that good news is already priced in — and then some."

Fortune

BCC: UK should subsidise pay to tackle young worker sickness plight

The UK must tackle long-term sickness if it wants to bolster its workforce and grow the economy, said the British Chamber of Commerce.

Euronews

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At the Races: Slowdown and shutdown - Roll Call

Catch up on the political news of the past week in the latest At the Races newsletter, including on the economy and campaign announcements.

Roll Call

If you can't work out why you're struggling when the economy is doing OK, it's because you're on the losing side

Oxford Economics finds that tariffs, labor dynamics, and policy shifts have hit younger and lower-income households hardest.

Fortune

US GDP shows 3.8% growth in second quarter in dramatic upgrade

Imports fell and consumer spending jumped, resulting in a much better economic performance than previously estimated in the world's biggest economy.

Euronews

Virgin launches ‘neighbour-free seating’ auctions on flights

Prices for the service start at AU$30 (£14)

The Independent UK

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The warning signs are clear: We’re heading toward a digital crisis

People’s lives are more enmeshed with digital systems than ever before, increasing users’ vulnerability and insecurity. From data leaks like the 2017 Equifax data breach to the more recent cyberattack on British retailer Marks & Spencer, business operations and data on the internet continue to be vulnerable.

The Conversation

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

The U.S. economy expanded at a surprising 3.8% from April through June in a dramatic upgrade of the government's previous estimate of second-quarter growth

The Independent UK

Swiss Central Bank Keeps Zero-rate As Tariffs Take Their Toll

Switzerland's central bank kept its policy rate at zero percent on Thursday, warning that massive US tariffs are weighing on the country's export-dependent economy.

International Business Times

The shadow AI economy isn't rebellion, it's an $8.1 billion signal that Fortune 500 CEOs are measuring the wrong things

Here's why 95% of corporate AI initiatives are failing while employees are using it—successfully—in secret.

Fortune

Is Trump right that Russia’s economy is on the brink of collapse?

While VAT is going up to finance the war and fuel is in short supply, few expect Putin to adjust his war plans

The Guardian - UK

Bernie Sanders Slams 'Collapsing System' As Elon Musk, Jeff Bezos, And Mark Zuckerberg Amass $1.3 Trillion While Americans Struggle To Eat, Pay Rent

Sen. Bernie Sanders (I-Vt.) said the U.S. economy is collapsing for ordinary Americans while the richest 1% continue to amass unprecedented wealth and power.

Benzinga

The next big financial crisis may be brewing. Warning signs are already there

The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott

The Guardian - UK

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The Guardian - AU

First new Qantas Airbus jets come with one toilet for every 90 economy passengers – worse than Jetstar, Scoot and Ryanair

Full service carrier says it will add additional toilets to its first three new Airbus 321XLR models – but they will be in service for three years beforehand

The Conversation

Indigenous Australians are crucial to hitting our 2035 climate targets. That transition has to be fairer

If we act now and move with common purpose, then we can do more than just guard against the very worst. We can protect our environment and build a stronger and fairer economy for the next generation.

The Independent UK

Economy and tax worries holding back small business spending, Barclays warns

Business investment refers to spending on assets like buildings, machinery and intellectual property.

The Guardian - UK

China’s plans to cut emissions too weak to stave off global catastrophe, say experts

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Reason

Trump's Tariffs Have Already Hurt the Economy—and the Pain Is Only Beginning

The OECD just published its projections for American growth, and they're grim.

The Conversation

Why Argentina is looking to the Trump administration for a bailout − and what the US Treasury can do to help

President Donald Trump vowed to help out his Argentine counterpart Javier Milei on Sept. 23, 2025, a day after the U.S. administration said “all options” were on the table in regard to a bailout for the Latin American country’s rocky economy.

The Guardian - UK

Boris Johnson says Farage’s stance on Russia is ‘extremely dangerous’

Former PM also brands Reform UK a threat to national security and raises concern about its approach to the economy

Fortune

Sam Altman’s AI empire will devour as much power as New York City and San Diego combined. Experts say it’s ‘scary’

Andrew Chien told Fortune he’s been a computer scientist for 40 years but we’re close to “some seminal moments for how we think about AI and its impact on society.”

Evening Standard

Johnson accuses Farage of ‘extremely dangerous’ stance on Ukraine war

The former Conservative prime minister said he had ‘serious anxieties’ about the insurgent party’s approach to the economy and national security.

Fortune

'Black Swan' author Nassim Taleb says your city's new bike lane is the reason the economy sucks

"Many are discovering that lifestyle improvements, such as bicycling paths and pedestrian- and cyclist-friendly cities, may not produce economic growth."

Benzinga

The Fed May Cut Less Than You Think, And That Could Hit Stocks Hard: Oxford Economics

In an exclusive interview with Benzinga, John Canavan, lead analyst at Oxford Economics, struck a cautiously optimistic tone on the U.S. economy heading into 2026, but warned that the market's growing obsession with aggressive rate cuts and tech stock dominance may be ignoring some inconvenient truths.

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