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The Latest Breaking News from Economy

China’s economy grows at steady pace despite Trump’s trade war

China’s GDP grew 1.1 percent from April to June despite US tariffs, official data shows.

Al Jazeera

China's Economy Grows 5.2% On Trade War Truce

China's economy expanded more than five percent in the second quarter of the year, official data showed on Tuesday, after analysts predicted strong exports would provide crucial support despite trade war pressures.

International Business Times

Asian Markets Mixed As China's Economy Meets Forecasts

Markets were mixed Tuesday as positive Chinese economic data was offset by weak consumer spending, while optimism that governments will hammer out deals to avoid the worst of Donald Trump's tariff threats provided support.

International Business Times

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Aussie shares set new record on strong China growth

The ASX200 has climbed 0.7 per cent to finish above 8,600 for the first time, and was also within 10 points of its all-time intraday high.

AAP

Chinese economy grows at a 5.2% annual pace in April-June quarter despite trade war

China has reported that its economy slowed in the last quarter as President Donald Trump's trade war escalated, but it still expanded at a robust 5.2% pace

The Independent UK

Rachel Reeves set to bet the house on economic growth by loosening mortgage rules

The chancellor is set to rip up many of the rules brought in after the 2008 financial crash to encourage investors and businesses to take risks again and open up the housing market to thousands more first-time buyers

The Independent UK

Trump Pushes Fed To Slash Interest Rates To 1%, Sparking Inflation Fears

The current federal funds rate sits at 5.25–5.50%, held steady by the Fed to combat inflation and avoid overheating the economy.

International Business Times

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JPMorgan Q2 Preview: A 'Banking Renaissance' On The Horizon

Banking giant JPMorgan Chase Co (NYSE:JPM) could provide a detailed look at the health of the American economy and consumer and have a big impact on several ETFs when the company reports second-quarter financial results Tuesday before market open.

Benzinga

Bank of America Says If Something Breaks the Economy, It’ll Happen This Summer: How Investors Can Play It

Bank of America warns more economic shocks could happen this summer. Learn what investors should watch for and how to position your portfolio.

GOBankingRates

Voices: If interest rates fall, could the 3 per cent mortgage make a comeback?

COMMENT : The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution

The Independent UK

Ukraine's Zelensky Seeks Shakeup With New Prime Minister

Ukrainian President Volodymyr Zelensky said Monday that he was recommending economy minister Yulia Svyrydenko become prime minister in a significant political shakeup for the war-scarred country.

International Business Times

3 Infrastructure Stocks Riding the U.S. Building Boom

These three infrastructure stocks are set to ride America’s building boom fueled by historic federal and private investment

MarketBeat

3 Dangerous Assumptions You Should Not Make About Trump’s Economy

As President Trump's second term continues, the controversial and outspoken leader has managed to make headlines for a variety of reasons -- perhaps most notably, his economic policy decisions. Be...

GOBankingRates

4 Types of People Who Will Get Money Back From Trump’s New Tax Initiatives

President Trump is floating the idea of increasing taxes on the ultra wealthy who make $2.5 million annually from 37% to 39.6% to cover areas like immigration and military without cutting Medicaid. On...

GOBankingRates

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The Guardian - UK

Pound drops after Bank of England says it could further cut interest rates if jobs market slows

‘Slack’ opening up in UK economy as higher taxes squeeze employers, says Andrew Bailey

Al Jazeera

Nigeria’s ex-President Muhammadu Buhari dies in London aged 82

Buhari, remembered for an anti-corruption drive and faltering economy, leaves behind a contentious legacy.

The Independent UK

Frequent fliers reveal the upgrade tips that actually work

Forget the myths, such as dressing smartly and being nice to flight attendants, these are tips for upgraded travel that are tried and tested

Benzinga

Trump's Tariffs, Tax Cuts, And Tensions With Brazil Stir The Pot: This Week In Economy

The past week has been a whirlwind of economic and political events. From record-breaking customs duty collections to billionaire investors casting doubt on tariff outcomes, the week was filled with intriguing stories. Here’s a quick recap of the top five stories that made headlines.

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news in one place.

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The Conversation

Zimbabwe’s lithium is in demand for making batteries: how to make sure benefits flow to the local economy

Zimbabwe has the largest lithium reserves on the African continent. Lithium has been mined since the colonial period in the 1950s. It’s a critical part of rechargeable lithium-ion batteries that are essential for the electric vehicle industry. Globally, the lithium-ion battery market is worth US$78.9 billion and is likely to…

Tom’s Guide

I drove the 2025 Kia Carnival Hybrid for a week — here’s my pros and cons

The 2025 Kia Carnival Hybrid SX Prestige looks more SUV than minivan, but after driving it for a week, it proves that it has the range of smaller, more efficient vehicles.

Saving Advice

10 Small Towns Where Poverty Rates Are Quietly Surging

The picturesque image of small-town America—charming main streets, close-knit communities, and affordable living—is being challenged by a quiet but alarming trend: rising poverty. While big...

Latin Times

Mexico Says It's Already Working To Avoid 30% Tariffs Announced By Trump: 'We Said It Was Unfair'

The Mexican government reacted on Saturday to Donald Trump's announcement about imposing 30% tariffs on the country as of August 1, saying it had already set up conversations with U.S. counterparts to address the issue

PC Gamer

Norland's 'big summer update' is even larger than March's 'damn big update', introducing a politics system, a new economy and more authentically medieval buildings to the Crusader Kings-inspired colony sim

Developer Long Jaunt plans to focus on roadmap features going forward.

GOBankingRates

We Asked ChatGPT What Would Happen If Everyone in America Got a $10,000 Stimulus Tomorrow — Here’s What it Said

What would a $10K stimulus for every American do to the economy? We asked ChatGPT—and its answer might surprise you.

GOBankingRates

I Asked ChatGPT To Explain TRUMP Crypto to Me Like I’m 12: Here’s What It Said

Because crypto can be a bit complicated for some, I asked ChatGPT to explain the answers as if I were a 12-year-old. This is how it responded.

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