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The Latest Breaking News from Economy

Fed official sees July rate cut 'unlikely,' sticking with Powell's view that coming months will be moment of truth for tariffs' effect on inflation

Officials at the Federal Reserve believe the impacts of Trump’s tariffs on the economy will start to appear this summer.

Fortune

Taylor Swift, Charli xcx and Springsteen among live music acts who gave UK £10bn lift in 2024

Report says concerts attracted record 23.5m fans, leading to unprecedented spend across British economy

The Guardian - UK

“A timely reminder that investing in local music isn’t just good sense - it’s a way to boost pride in place and breathe new life into our high streets”: New report shows immense contribution of music tourism to UK economy

The live music economy brought in £10 billion in 2024

MusicRadar

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The spiritual economy: young Chinese turn to fortune tellers as anxiety about the future rises

The Guardian - UK

Trump Dismantles Syria Sanctions Program As Israel Ties Eyed

President Donald Trump on Monday formally dismantled US sanctions against Syria, hoping to reintegrate the war-battered country into the global economy as Israel eyes ties with its new leadership.

International Business Times

European Central Bank head: Frequent shocks to economy make inflation more unpredictable

The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’s invasion of Ukraine - and that policymakers need to take the possibility of such extreme scenarios into account and communicate them to the public as well

The Independent UK

Why Boring Businesses Are The Backbone For The American Economy - Insights From A 35-Year One-Stop-Shop Business Owner

A&S Manufacturing embodies industrial evolution by adopting cutting-edge, high-precision technology along with decades of hands-on expertise and industrial grit.

International Business Times

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This summer will be decisive for the economy and Wall Street

More fiscal sticker shock could send Treasury yields higher and add more pressure on the dollar, which is already down 10% this year, its worst first-half performance in more than 50 years.

Fortune

Offshore wind in the Mediterranean: renewables can, and must, protect biodiversity – here’s how

The oceans – engines of life on Earth and our single greatest climate regulator – are caught in a catch 22. We urgently need to decarbonise our economy, which means rolling out renewable energy on a massive scale, including offshore sources such as fixed and floating wind farms. However, we…

The Conversation

ADB Acting On US Concerns Over China, Bank Chief Tells AFP

The Asian Development Bank was trying "very hard" to accommodate US concerns over lending to China, the bank's president told AFP, including by slashing loans to the world's second-largest economy.

International Business Times

African women are key to fighting climate change – these are the green skills they will need

Women are an important and often underutilised human resource in Africa. They’ve faced many problems historically. Limited access to land, finance, education and decision-making platforms have meant that women across Africa haven’t been able to take part fully in the green economy.

The Conversation

Elon Musk's Birthday Wish: Kill The Bill Before It Kills The Economy

On June 28, his 54th birthday, Elon Musk didn't post celebratory photos or launch a new product.

Benzinga

Stocks Set to Open Higher Amid Trade Progress, U.S. Jobs Data and Powell’s Remarks Awaited

September S&P 500 E-Mini futures (ESU25) are up +0.47%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.70% this morning, pointing to a higher open on Wall Street amid optimism over progress in trade negotiations between the U.S. and key partners.

Barchart

UK economy experiences most significant growth in over a year

Experts said there were clouds over the horizon for the economy

The Independent UK

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The Independent UK

Business news live: Lifetime ISA facing reform and financial advice rules get ‘once in a generation’ overhaul

Stock markets updates and business news from Monday

Benzinga

Ivy League MBA Was A 'Waste Of Time,' Says Veteran Banker, Lists Two Key Traits Far More Relevant In The AI Age

Standard Chartered chief executive Bill Winters says his Ivy League MBA was "a waste of time," and the real edge in today's AI-driven economy comes from the curiosity and empathy he developed as a humanities major.

The Independent UK

Women’s Euros forecast to boost UK economy with pubs hoping to serve more pints

Pubs will be allowed to stay open later if England or Wales reach the final stages of the tournament.

The Independent UK

Pubs reveal how many extra pints they expect to pull during Euro 2025

Beer sales are expected to surge as the tournament kicks off

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news in one place.

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The Mary Sue

‘Babe, I saved us a bunch of money’: Wife books family’s flights. Then her husband sees where she’s sitting

A wife’s cheeky way of saving money on plane tickets has started a discourse on Facebook. In a viral Reel, Kimmy Houghton writes in an on-screen caption, “POV: your wife booked the flights.” Viewers see Houghton on her phone in her first-class seat while drinking from a pink tumbler.

Benzinga

Suze Orman Believes The Stock Market Will Continue Climbing 'Without A Shadow Of A Doubt'

Personal finance expert Suze Orman says she’s confident the stock market is headed higher, despite some alarming signs in the broader economy. In her recent video, she acknowledged that things feel unstable right now, but urged her audience to stay calm and take a long-term view.

The Conversation

The UK has published a ten-year industrial strategy to boost key sectors of the economy – here’s what the experts think

The UK government has published a ten-year strategy outlining how it aims to boost productivity and innovation across eight key sectors of the economy. From the future of AI to energy security and net zero, it’s a broad and ambitious plan. Our experts assess what it tells us about how…

The Guardian - AU

If the Liberals want to appeal again to aspirational Australians, they could start by taxing wealth

A shift in the public’s expectation of government is under way and, as Menzies realised in the 1940s, any party seeking to win over voters must adapt to stay relevant

The Independent UK

Voices: When it’s Rachel Reeves vs Andrew Bailey, I know who my money’s on

COMMENT : The governor of the Bank of England's response to the chancellor trying to talk up the flagging jobs market is quietly devastating, writes James Moore

Clever Dude

Where the Most Small Businesses Are Failing—Ranked by City

Small businesses are the backbone of the U.S. economy, but not every city is a safe bet for entrepreneurs. Some places see more small business failures than others, and knowing where these struggles happen can help you avoid common mistakes. If you’re thinking about starting a business or already running…

The Guardian - UK

Friday briefing: How years of siege, war and blockade led to the unravelling of Gaza’s economy

In today’s newsletter: Once sustained by agriculture and industry, Gaza’s economy has been dismantled, leaving nearly every resident dependent on aid and the hope of a future that feels increasingly out of reach

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