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The Latest Breaking News from Economy

Stock Index Futures Gain With Focus on Trade Talks as Trump Extends Tariff Deadline

September S&P 500 E-Mini futures (ESU25) are up +0.08%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.17% this morning as initial jitters over U.S. President Donald Trump’s latest tariff moves eased, giving way to cautious optimism that there’s still ample room for further negotiations.

Barchart

How strong is US manufacturing, as Trump’s tariff deadline looms?

The US is the world’s second-largest manufacturer after China, adding $2.9 trillion to the global economy.

Al Jazeera

Why Tokenization Could Outgrow Bitcoin: Crypto's Biggest Success Story

Atul Khekade, co-founder of XDC Network, on Tuesday predicted that tokenization will surpass Bitcoin's (CRYPTO: BTC) transformative power, outlining how tokenization—digitizing and fractionalizing assets like real estate, bonds, and commodities—will reshape the global economy.

Benzinga

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Interest rates are on hold at 3.85%, as the Reserve Bank opts for caution over mortgage relief

The Reserve Bank of Australia has kept the cash rate at 3.85%, after cutting it in February and May.

The Conversation

Welcome to post-growth Europe – can anyone accept this new political reality?

Across much of Europe, the engines of economic growth are sputtering. In its latest global outlook, the International Monetary Fund (IMF) sharply downgraded its forecasts for the UK and Europe, warning that the continent faces persistent economic bumps in the road.

The Conversation

No Plan B - Tesla's Musk Premium Is On Thin Ice

Tesla is swimming in contradiction. On the one hand, it’s a $1 trillion behemoth, rivaling the economy of an entire small nation. On the other hand, investors are jittery: shares are down about 17 % year-to-date, and profits and deliveries have just hit multi-quarter lows.

Benzinga

Trump takes on the Fed – but he has little power over central bank, economists say

President has savaged Federal Reserve chair Jerome Powell for not lowering interest rates, but he can’t easily fire him

The Guardian - US

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UK politics: Send children’s legal rights to extra support will be protected, says education secretary – as it happened

Bridget Phillipson says there will be better outcomes for all children than at present but fails to guarantee EHCPs will continue in their current form

The Guardian - UK

Ex-Treasury secretary pans Congress for passing Trump’s ‘shameful’ megabill he says will hurt economy

Summers notes that cuts to SNAP and Medicaid could kill thousands while saying GOP tax cuts will mostly benefit wealthy Americans

The Independent UK

Consumer confidence rising as summer holiday season begins

Some 70% of people are planning to go on holiday, though 75% of those are finding ways to cut travel costs compared to their last trip, a poll found.

Evening Standard

Musk forms the America Party and Sam Altman backs ‘techno-capitalism’ as crumbling economic consensus gives way to rival visions

“A new economic order is forming—which means that it is not yet fixed and can still be shaped.”

Fortune

BRICS leaders meet in Rio to defend multilateralism 'under attack'

BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry US President Donald Trump's "indiscriminate" trade tariffs, saying they are illegal and risk hurting the global economy.

Radio France Internationale

Grocery Foods That Disappear During Economic Downturns

When the economy takes a downturn, the effects ripple through every aisle of the grocery store. Suddenly, shelves that were once fully stocked start to look a little bare. Shoppers notice their favorite items missing, prices creeping up, and a sense of urgency in the air. Understanding which grocery foods…

The Free Financial Advisor

Labor Market Woes, Gold's Rise, Trump's Fed Attack, Middle-Class Struggles And A Surprising Jobs Report: This Week In Economy

The past week has been a rollercoaster ride for the U.S. economy. From a rare warning sign in the labor market to a surprising jobs report, the week was filled with unexpected turns. The gold market saw a potential rise, while the Federal Reserve faced criticism from President Donald Trump.…

Benzinga

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International Business Times

BRICS Nations Voice 'Serious Concerns' Over Trump Tariffs

BRICS leaders meeting in Rio de Janeiro from Sunday are expected to decry US President Donald Trump's "indiscriminate" trade tariffs, saying they are illegal and risk hurting the global economy.

Fortune

Ford CEO Jim Farley warns AI will wipe out half of white-collar jobs, but the ‘essential economy’ has a huge shortage of workers

“Hiring an entry worker at a tech company has fallen 50% since 2019. Is that really where we want all of our kids to go?”

International Business Times

Afghans Both Hopeful, Disappointed After Russia's Taliban Recognition

Russia's decision to formally recognise the Taliban government has been seen as an opening for a stronger economy by some Afghans, while others were sceptical that it would improve their lot.

The Independent UK

Fiat 500e Giorgio Armani: Suited, but a little subtle

CAR REVIEW: Two Italian behemoths come together to try to tailor an economy car with style, and achieve it for the most part, though the collaboration is a light touch, writes Sean O’Grady

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Fortune

Trump signs One Big Beautiful Bill: What that means for your money

The bill will have ripple effects throughout the economy—and Americans’ bank accounts.

The Conversation

How Donald Trump’s economic policies, including uncertainty around tariffs, are damaging the US economy

Donald Trump set a deadline of July 9 2025 for trade deals to be made before he hits some of the world’s biggest economies with his controversial tariffs. It’s impossible to predict what will happen on the day, but it is already clear that his economic policies are damaging American…

Euronews

Major milestone for Polish energy as renewables generated more electricity than coal for first month

Although coal consumption has dropped, oil and gas use has risen and Poland remains the world's fourth highest emitting economy.

International Business Times UK

Trump's 'Rocket Ship' Budget Could Crash the US Economy, Economists Warn

The US Congress officially passed Donald Trump's 'rocket ship' bill. But, economists are worried about its impact on the economy.

Evening Standard

Will the Oasis tour boost the British economy?

The reunion tour will kick off at the Principality Stadium in Cardiff, Wales tonight

The Independent UK

Is it worth upgrading to premium economy on Emirates?

Emirates premium economy offers quilted leather seats, increased legroom and a comfortable recline – but it is significantly more expensive than economy

The National (Scotland)

UK Government blamed for hindering Scottish businesses amid economy slowdown

THE UK Government has been blamed for hindering Scottish businesses growth after a new report showed that Scotland's economy slowed down ...

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