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The Latest Breaking News from Economy

US economy is already on the edge – a prolonged government shutdown could send it tumbling over

The economic consequences of the current federal government shutdown hinge critically on how long it lasts. If it is resolved quickly, the costs will be small, but if it drags on, it could send the U.S. economy into a tailspin.

The Conversation

Government shutdown could cost US economy billions of dollars a week, analysts say

According to one report, each week of shutdown could cost up to $7bn, with another suggesting a $15bn loss in GDP

The Guardian - US

Closing the Loop: How Green Network Exchange Turns Corporate E-Waste into Renewed Value

Green Network Exchange, Inc. (GNE) delivers services tailored to corporate clients while encouraging employees, tenants, and partners to adopt more sustainable behaviors that contribute to a greener, more circular technology economy.

International Business Times

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Air Canada is now serving free beer, wine and snacks to economy passengers on every flight

Previously, the Montreal-based carrier only served free alcohol and food to economy passengers on long-haul flights

The Independent UK

How Canada can support rural regions in its net-zero transition

As Canada advances toward its 2050 net-zero emissions target, it’s facing a fundamental challenge: ensuring all parts of the country can participate in and benefit from the transition to a clean economy.

The Conversation

Federal shutdowns usually don't do much economic damage. There are reasons to worry about this one

Shutdowns of the federal government usually don’t leave much economic damage

The Independent UK

Democrats Are Failing To Recover Latino Support Even As They Sour On Trump: Poll

Despite being much more disapproving of President Donald Trump since he took office, especially due to the handling of the economy, few Latinos are unlikely to withdraw their support for the Republican party, according to a new poll

Latin Times

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How the arts strengthen newcomer settlement in Canada

Settling in a new country is often imagined as a sequential process, built on a supposed hierarchy of needs. You accomplish one priority, then another, and another and then you’re integrated into the country and economy.

The Conversation

How high-cost Switzerland stayed a manufacturing powerhouse in the offshore era

What is the lesson of Swiss Fortune 500 companies—such as dsm-firmenich—for the rest of Europe, and the world?

Fortune

China’s New Economy Industries Rise on Labor, Tech Gains

The Caixin BBD New Economy Index rose to 31.2 in September, up 1.3 points on the month

Caixin Global

Federal shutdown cuts off economic data vital to policymakers and investors

The government shutdown will deprive policymakers and investors of economic data vital to their decision-making at a time of unusual uncertainty about the direction of the U.S. economy

The Independent UK

The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says

“The consensus has been wrong since January,” Apollo Global Management chief economist Torsten Sløk wrote on Wednesday.

Fortune

Spending rebound staggers as Aussies kick booze, smokes

Strong growth in household spending earlier this year is unlikely to be matched, which could ease Reserve Bank fears of a return of inflation pressures.

AAP

Why Americans are down on the economy

A range of measures show Americans to be exceptionally gloomy about the economic picture.

Axios

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Barchart

How Many Jobs Will the U.S. Economy Add in September?

Traders on the prediction market platform Kalshi now expect the U.S. economy to add 46,000 nonfarm payrolls in September.

The Guardian - AU

The RBA seems unlikely to do another rate cut – meaning they’re betting the economy is better than the data says

Michele Bullock doesn’t think our current cash rate is ‘very restrictive’. Do the figures back her up?

The Conversation

Tariffs may bring a US$50 billion monthly boost to the US government. But ordinary Americans won’t feel the benefit

Donald Trump’s recent state visit to the UK ended without the removal of steel tariffs, which the host nation had been hoping for. For months, the US president’s array of “liberation day” tariffs have sparked controversy and caused chaos for America’s trading partners.

Cycling Weekly

Building muscle might just be the best way to improve your riding; especially as you age

There are myriad benefits to strength training, from improved power to better neuromuscular efficiency. And the benefits increase as you hit middle-age

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news in one place.

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Fortune

Yet another recession indicator is flashing as consumer confidence declines sharply in September

Consumer confidence has dropped below key thresholds, challenging Fed policymakers and Wall Street’s bullish market view.

Euronews

US government shutdown – why should Europe worry?

The ongoing budget fight in Washington has the unintended consequence of harming the European economy. Especially EU exporters could be in for a rough ride.

Fortune

The 'Warren Buffett Indicator' has surged above 200%, meaning the market's price is far ahead of the economy's size

Buffett has likened investing in this environment to "playing with fire."

Fortune

Ford CEO says America is ‘far behind’ rivals like China on blue-collar industry. ‘It is pretty humbling when you look at where we are’

Michigan Gov. Gretchen Whitmer, speaking at Ford’s event on Tuesday, warned that she’s “very sober” about the stakes: “China will dominate.”

Tom’s Guide

I told myself I wouldn’t buy a Corolla again, but the Corolla Cross Hybrid changes my mind — here’s why

The 2025 Toyota Corolla Cross Hybrid is a subcompact SUV that gets outstanding fuel economy, making it an excellent alternative to buying an EV.

The Independent UK

Here are some effects of a government shutdown if Congress, Trump don't reach a deal

The U.S. government is nearing a partial shutdown, with a range of effects on public services and the broader economy

Motor1

Affordable Sports Cars? In This Economy?

Remember 2013? What a time to be alive. Scion and Subaru had just launched the FR-S and BRZ sports cars—fresh off a partnership built around the boxer engine. These were the first true modern challengers to the long-unmatched Mazda Miata, and like the Miata, they hit the market with price…

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