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The Latest Breaking News from Economy

Over a barrel: lack of sugar throws Cuba’s rum industry into crisis

This year’s tiny harvest casts doubt on the spirit’s recent resurgence, once a bright spot in the island’s economy

The Guardian - UK

S&P Futures Tick Lower on Renewed Tariff Concerns, U.S. PCE Inflation Data in Focus

June S&P 500 E-Mini futures (ESM25) are trending down -0.17% this morning as investors grappled with fresh uncertainty surrounding U.S. President Donald Trump’s tariff policies and looked ahead to the release of the Federal Reserve’s first-line inflation gauge.

Barchart

AI deepfakes pose 'significant' risk to 'identity systems upon which our entire economy relies,' warns fintech CEO

Scammers can now use AI tools to generate multiple live video fakes of real people—and request money transfers.

Fortune

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read the most diverse news in one place.

US economy falls 0.2% in the first quarter, hit by Trump's trade war

First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes.

Euronews

India’s FDI story is a mirage and the numbers prove it

Late last week multiple news outlets reported that in 2024-25, gross foreign direct investment (FDI) into India hit $81 billion, up nearly 14 percent from the previous year – a stat that made headlines.

Newslaundry

US to revoke Chinese student visas: What’s the likely impact?

One in four foreign students in the US is from China. They add billions of dollars to the US economy.

Al Jazeera

UK renters hit hardest by inflation as household costs surge

Spiralling rents for the UK’s 5.5 million private tenants continued to outstrip broader price rises in the economy last year.

Evening Standard

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Hit by Trump trade wars, U.S. economy falls 0.2% in first quarter, an upgrade from initial estimate

The U.S. economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business, the government said Thursday in a slight upgrade of its initial estimate

The Independent UK

Trust in EU at 18-year high but fears for economy rising

Regular poll confirmed trend of recent months for uptick in approval for and trust in EU, against fragile geopolitical backdrop.

Euronews

Is Sudan’s war the reason for South Sudan’s economic crisis? What’s really going on with oil revenue

The civil war in Sudan between the Sudanese army and paramilitary Rapid Support Forces, which began in April 2023, has had an impact on its neighbours. One of the most keenly affected countries is South Sudan, which became an independent state in 2011 and went on to endure its own…

The Conversation

How Stephen Miran—a Harvard-trained former free market champion—became Trump’s top ideologue on tariffs

Last year Miran, 41, was a virtual unknown. Suddenly the "Mar-a Lago accord" author’s ideas are reshaping the economy.

Fortune

South Korea's central bank cuts borrowing costs to nurse the sluggish economy

South Korea’s central bank has cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025

The Independent UK

How the CEO of Lumen Technologies is building the backbone of the AI economy

"We're thinking about everything completely differently. It's one of my favorite things to do. I love leading change," Johnson told Fortune.

Fortune

Boomers in Denial: What They Refuse to Accept About Today’s Economy

Navigating today’s economy feels like walking a tightrope for many Americans, but for Baby Boomers, the ground beneath their feet is shifting faster than they realize. Many Boomers, shaped by decades of relative economic stability, struggle to accept just how much the financial landscape has changed. This disconnect can lead…

The Free Financial Advisor

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Everybody Loves Your Money

These Are The Top 5 Airlines To Fly With

Air travel today is more than just transport. It’s an experience. This experience can shape your journey’s start or end. People travel for business, vacation, or family visits. Passengers now expect more than cramped seats. They want more than complimentary pretzels. Comfort is key. Customer service matters greatly. Punctuality is…

Saving Advice

7 Ways Baby Boomers Are Quietly Draining the Economy

Baby Boomers, aka those born between 1946 and 1964, are often seen as the backbone of modern America. They built wealth, led industries, and reaped...

Everybody Loves Your Money

8 Legal Loopholes That Let Employers Use You Without Paying a Dime

When most people think of work, they think of a paycheck. But in today’s ever-evolving economy, there’s a darker truth that often gets swept under the rug: millions of people are contributing real labor, effort, and time — without seeing a single cent in return. Thanks to clever interpretations of…

The National (Scotland)

Kate Forbes demands Westminster action as Scotland's economy shrinks

Scotland’s economy shrank in both February and March, figures show – although GDP as a whole increased over the first three months of 2025.

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news in one place.

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The Guardian - UK

World faces new danger of ‘economic denial’ in climate fight, Cop30 head says

Exclusive: André Corrêa do Lago says ‘answers have to come from the economy’ as climate policies trigger populist-fuelled backlash

Barchart

Nasdaq Futures Tick Lower With All Eyes on Nvidia Earnings, FOMC Minutes on Tap

June Nasdaq 100 E-Mini futures (NQM25) are trending down -0.19% this morning as investors cautiously await an earnings report from AI darling Nvidia and the Federal Reserve’s May meeting minutes.

The Conversation

We’re criticising GDPR for all the wrong reasons

“Simplify”, “Streamline”, “Scale back”. While EU communiqués often find creative ways to avoid uttering the word “deregulation”, this new European Commission is all about boosting the bloc’s competitiveness by “cutting red tape”. The intention to stimulate the continent’s economy might be laudable, but there is a real risk of throwing…

Euronews

European companies cut costs and scale back investments in China

European companies are cutting costs and scaling back investment plans in China as its economy slows and fierce competition drives down prices, according to an annual survey released on Wednesday.

The Independent UK

Has India really overtaken Japan to become world’s 4th largest economy?

IN FOCUS: Surpassing Japan’s GDP would be a significant milestone for the world’s most populous country, but experts say an Indian official’s claim might be premature. Either way, are such moments really a cause for celebration? Shweta Sharma reports from Delhi

The Independent UK

European companies cut costs, scale back investments in China as its economy slows

European companies are cutting costs and scaling back investment plans in China as the economy slows and fierce competition drives down prices

Euronews

New US Senate bill could wreck Russia, but also damage the EU economy

In a bid to isolate Moscow, a new bill in the US Senate threatens to impose 500% tariffs on any country that buys Russian fossil fuels. If implemented as intended, the plan could ravage several EU countries.

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