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The Latest Breaking News from Economy

‘We should be absolutely terrified’: Trump’s disastrous economy hits trucking, 600 drivers laid off days before Christmas

Time to give up the open road and fill out that Walmart application form.

We Got This Covered

Air strikes on casinos, colonial borders and a failed Trump ceasefire: What's happening in the Thai-Cambodia conflict

Last week’s border clashes have undercut Trump’s hopes to be a peacemaker, while also endangering a regional economy across the Thai-Cambodia border.

Fortune

If 2020 Prices Returned Overnight, How Much Would the Average Household Save per Month?

Imagine waking up tomorrow and discovering that every price in the economy has snapped back to what it was in 2020. Gas. Groceries. Housing. Travel. Everything. It is a fun thought experiment, but it...

GOBankingRates

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read the most diverse news in one place.

Plea for spending cuts as banks tip interest rate hikes

Half of Australia's big four banks are tipping the Reserve Bank to hike interest rates at its next meeting as inflation is pushed outside the target zone.

AAP

Employers likely added 40,000 jobs in November as government releases report delayed by shutdown

The U.S. job market is sluggish and confusing this fall

The Independent UK

Britain faces lost decade after Reeves Budget failed to shift growth dial, say London bosses

They are setting up their own Growth Commission to identify measures to boost London firms and the UK economy

Evening Standard

‘A Bastion For Yesterday’s Technology’: Why The EU's Gas-Ban Retreat Could Backfire

A lifeline for Europe's automakers, or 'a wake-up call for the industry?' Plus, new data on what America's fuel economy cutback really means.

InsideEVs

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China’s economy loses momentum amid spending and investment slump

Retail sales slowed and investment contracted compared to previous years as Chinese policymakers aim to make domestic demand a top priority in 2026.

Euronews

Trump's article of faith: Economy will soar in '26

Trump's bullish belief is key to understanding why he's so reluctant to say there's an "affordability crisis."

Axios

Young people bearing brunt of UK jobs downturn, thinktank warns

Resolution Foundation report comes in week when data is expected to show October unemployment rise

The Guardian - UK

How many more times will the Bank of England rescue Rachel Reeves?

The City expects a cut in interest rates on Thursday but economic prospects for 2026 complicate the picture

The Guardian - UK

High-end car sales sink in China as its economy slows, taking a toll on European automakers

Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models

The Independent UK

Labour is procrastinating over policy as UK’s economy goes backwards

New business rates regime that is poised to hit pubs and hotels is latest example of hasty decision-making

The Guardian - UK

OpenAI isn't too big to fail. It's bigger.

OpenAI's central place in the AI economy is enough to make people nervous.

Axios

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MusicRadar

Money Money Money: Abba Voyage has contributed over £2 billion to the British economy

New report has looked into its economic and social impact

The Guardian - US

Trump attacks old foe Biden – but presidential parallels hard to avoid

US president finds himself shouldering same burdens of affordability crisis and the inexorable march of time

inkl

Cross-Border Compatibility of Notarial Acts in the Digital Environment: Shaping a Global Model for the Recognition of Digital Inheritance A Scholarly Analytical Overview of the Research of Vladyslava Trach

The digital economy has fundamentally transformed the structure of private property. Cryptocurrencies, tokenized assets, digital financial instruments, NFTs, domain names, online accounts, and other intangible resources increasingly form part of inherited estates

Euronews

'Let's prove them wrong': Spanish economy minister responds to US criticism

Spanish Economy Minister says Europeans must stay united and keep focused on integration after the Trump administration said the continent's economy is suffocating under excessive regulation and weak leadership.

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news in one place.

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Evening Standard

Shrinking economy takes toll on FTSE 100 amid ‘unsurprising surprise’

The index dipped after a promising start amid poor growth figures and US tech concerns.

The Guardian - UK

‘There’s been a Badenoch bounce’: is the Tory leader finally cutting through?

Conservative insiders say the party and the public are warming to Kemi Badenoch after a difficult first year

The Conversation

The quiet rise in the tax burden for UK businesses will hit workers and consumers too

Many businesses in the UK saw the 2025 budget as a tightening of the screw in a period of already difficult conditions. While the government insists it is not raising taxes on companies overall, disquiet among businesses could have an impact on jobs, wages and the wider economy.

The Guardian - US

Stephen Colbert on Trump’s ‘gold card’: ‘Pay-to-play program for rich foreigners’

Late-night hosts discussed Donald Trump’s new “golden visa” program for wealthy foreigners and his increasingly weird reassurances on the economy.

The Independent UK

Interest rate cut next week ‘nailed on’ as UK economy grows just once in seven months

Pre-Budget worries and speculation that chancellor Rachel Reeves would hike income tax has been blamed

Euronews

'Europe's unity is our strength,' European Investment Bank chief Calviño tells Euronews

European Investment Bank President Nadia Calviño told Euronews' morning show Europe Today that the EU should stick together after the US administration claimed the bloc was weak and in decline. She further argued that Europe must become stronger and simplify its economy.

Evening Standard

Pre-Budget jitters blamed for surprise contraction in economy

Official figures showed the UK economy shrank for the second month running in October, contracting by 0.1% following a 0.1% decline in September.

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