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The Latest Breaking News from Economy

Better times ahead for economy, despite global woes

A major business forecaster is optimistic the pace of economic growth in Australia will accelerate over the next few years and overcome recent hurdles.

AAP

People dying early of cancer costs UK economy £10.3bn a year, study finds

Cancer Research UK says this is more than any other health condition and 350,000 years of productivity are lost

The Guardian - UK

Deaths from cancer cost UK economy £10.3bn every year – Cancer Research UK

A new report says improving cancer survival and catching the disease early could boost economic growth.

The Independent UK

From analysis to the latest developments in health,
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The cost of cancer deaths to the UK economy every year

Cancer Research UK said improving cancer survival and catching the disease early could boost economic growth

The Independent UK

Gen Z's Gig Economy Mindset: Prioritizing Flexibility, Skill Development, And Work-Life Balance In Corporate America

Gen Z is approaching corporate life with a vastly different attitude than previous generations, Business Insider reports.

Benzinga

Whatever happened to the Albanese government’s wellbeing agenda?

The Albanese government devoted time and energy in its first term to developing a wellbeing agenda for the economy and society.

The Conversation

Trump tariffs: US economy saw stark drop in GDP growth as businesses rushed to secure imports

Revised data shows economy shrank more than previously thought as president’s global trade war loomed and consumer spending softened

The Independent UK

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Growing signs of slowdown in UK jobs market, says Bank of England governor

Andrew Bailey warns of ‘significant decline in wage growth in year ahead’ as Bank prepares for interest rates decision

The Guardian - UK

The Latest: Hegseth praises US attack on Iran but offers few details on the strikes’ impact

Defense Secretary Pete Hegseth and Gen. Dan Caine held a news conference to respond to an early leaked intelligence report suggesting U.S. strikes against Iran likely put the country back mere months

The Independent UK

'Americans Are Not Prepared' Says Harvard Economist About China's De-Dollarization - 'Interest Rates Are Going To Be Higher For A Very, Very Long Time'

The global role of the U.S. dollar is shifting, and the consequences for interest rates and the American economy could be long-lasting.

Benzinga

U.S. economy shrank 0.5% between January and March, worse than earlier estimates revealed

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate

The Independent UK

How New Retirees are Navigating Economic Uncertainty

‘I Picked a Helluva Time to Retire.’ Six strategies for new retirees facing a dicey stock market and unpredictable economy.

Kiplinger

Chile targets fast fashion waste with landmark desert cleanup plan

Government move to regulate textile imports aims to curb clothing dumps in the Atacama and boost circular economy

The Guardian - US

Garmin Forerunner 970 review: Best features, biggest flaws, and who it’s for

Garmin’s latest triathlon watch is packed with pro features, but only serious athletes will get the most out of it

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International Business Times UK

Top US Content Creators Form Bipartisan Caucus: Here's Why They Advocate Privacy To AI Regulation

The Creator Economy Caucus addresses urgent internet issues like AI, privacy, and online addiction to protect users and digital entrepreneurs.

Barchart

Dollar Moves Higher With T-note Yields

The dollar index (DXY00 ) today is up by +0.20%. The dollar is moving higher today with T-note yields on hawkish comments from Kansas City Fed President Schmid, who said the Fed should wait to see how tariffs and other policies impact the economy before adjusting interest rates. Mr. Schmid's...

The National (Scotland)

Kate Forbes calls for action on Brexit damage as Scotland's economy shrinks

Deputy First Minister Kate Forbes has highlighted “difficult global trading conditions” as new figures showed Scotland’s economy shrank for…

The Guardian - UK

Universal theme park deal secured with UK pledge to spend £500m on transport

Attraction at site of former brickworks in Bedford could boost UK economy by £50bn and create 28,000 jobs

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The Conversation

Blocking exports and raising tariffs is a bad defense against industrial cyber espionage, study shows

The United States is trying to decouple its economy from rivals like China. Efforts toward this include policymakers raising tariffs on Chinese goods, blocking exports of advanced technology and offering subsidies to boost American manufacturing. The goal is to reduce reliance on China for critical products in hopes that this…

The National (Scotland)

Scottish city's economy outperforms London's for first time

EDINBURGH has been hailed as Scotland’s financial “powerhouse” as its economy has surpassed London’s for the first time, new data has shown…

Barchart

S&P Futures Tick Higher With Focus on Powell’s Testimony

September S&P 500 E-Mini futures (ESU25) are trending up +0.16% this morning, extending yesterday’s gains, while investors await further testimony from Federal Reserve Chair Jerome Powell for clues on the rate outlook.

Kiplinger

How Private Capital Could Be the Key to Rebuilding America

Private capital investment in infrastructure could be a more efficient and effective alternative to government funding, potentially stimulating the economy during uncertain times, creating jobs and delivering projects on time and within budget.

Euronews

Which countries will lose the most if tensions reignite around Iran?

Russia could benefit from an escalating situation in the Middle East, while China and Europe would see their economies suffer if the ceasefire between Iran and Israel fails to hold.

The Guardian - UK

Eurostar passengers suffer ‘nightmare’ disruption after ‘cable theft’ disrupts services; Nasdaq 100 tech share index hits record high – as it happened

Disruption between St Pancras and Gare du Nord after theft of cables at Lille leave passengers stranded

Benzinga

US Recession Risk Rises As Leading Economic Index Falls Again In May: 37 Declines In 39 Months Mark Worst Streak Since 1960

The Conference Board Leading Economic Index fell 0.1% month-over-month in May, marking its sixth consecutive monthly decline and signaling intensifying recession risks for the U.S. economy.

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