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The Latest Breaking News from Economy

Bernie Sanders Slams 'Collapsing System' As Elon Musk, Jeff Bezos, And Mark Zuckerberg Amass $1.3 Trillion While Americans Struggle To Eat, Pay Rent

Sen. Bernie Sanders (I-Vt.) said the U.S. economy is collapsing for ordinary Americans while the richest 1% continue to amass unprecedented wealth and power.

Benzinga

The next big financial crisis may be brewing. Warning signs are already there

The longer the period between crises, the greater the complacency. That complacency is pushing share prices ever-higher, says Guardian columnist Larry Elliott

The Guardian - UK

First new Qantas Airbus jets come with one toilet for every 90 economy passengers – worse than Jetstar, Scoot and Ryanair

Full service carrier says it will add additional toilets to its first three new Airbus 321XLR models – but they will be in service for three years beforehand

The Guardian - AU

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Indigenous Australians are crucial to hitting our 2035 climate targets. That transition has to be fairer

If we act now and move with common purpose, then we can do more than just guard against the very worst. We can protect our environment and build a stronger and fairer economy for the next generation.

The Conversation

Economy and tax worries holding back small business spending, Barclays warns

Business investment refers to spending on assets like buildings, machinery and intellectual property.

The Independent UK

China’s plans to cut emissions too weak to stave off global catastrophe, say experts

The Guardian - UK

Trump's Tariffs Have Already Hurt the Economy—and the Pain Is Only Beginning

The OECD just published its projections for American growth, and they're grim.

Reason

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Why Argentina is looking to the Trump administration for a bailout − and what the US Treasury can do to help

President Donald Trump vowed to help out his Argentine counterpart Javier Milei on Sept. 23, 2025, a day after the U.S. administration said “all options” were on the table in regard to a bailout for the Latin American country’s rocky economy.

The Conversation

Boris Johnson says Farage’s stance on Russia is ‘extremely dangerous’

Former PM also brands Reform UK a threat to national security and raises concern about its approach to the economy

The Guardian - UK

Sam Altman’s AI empire will devour as much power as New York City and San Diego combined. Experts say it’s ‘scary’

Andrew Chien told Fortune he’s been a computer scientist for 40 years but we’re close to “some seminal moments for how we think about AI and its impact on society.”

Fortune

Johnson accuses Farage of ‘extremely dangerous’ stance on Ukraine war

The former Conservative prime minister said he had ‘serious anxieties’ about the insurgent party’s approach to the economy and national security.

Evening Standard

'Black Swan' author Nassim Taleb says your city's new bike lane is the reason the economy sucks

"Many are discovering that lifestyle improvements, such as bicycling paths and pedestrian- and cyclist-friendly cities, may not produce economic growth."

Fortune

The Fed May Cut Less Than You Think, And That Could Hit Stocks Hard: Oxford Economics

In an exclusive interview with Benzinga, John Canavan, lead analyst at Oxford Economics, struck a cautiously optimistic tone on the U.S. economy heading into 2026, but warned that the market's growing obsession with aggressive rate cuts and tech stock dominance may be ignoring some inconvenient truths.

Benzinga

China gives up WTO developing-country status as tariff tensions linger

The US has long argued China should give up the developing-country status because it is the world’s second-largest economy.

Euronews

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International Business Times

Germany's Merz Rejects Claims He Is Slowing Green Shift

German Chancellor Friedrich Merz on Wednesday rejected claims his government was undermining the climate change fight, but insisted that industry also needed to be protected to revive the crisis-wracked economy.

The Independent UK

In Uganda, a vibrant tourist economy boosts the conservation of endangered mountain gorillas

In Uganda, the economic benefits of tourism have turned gorilla poachers into conservationists, married women into porters and rangers into spokespeople for the great apes

International Business Times

Iran's Carpet Industry Unravelling Under Sanctions

Once a symbol of cultural prestige, Iran's handmade rugs are no longer selling as fast as they once did, as sanctions weigh on an already troubled economy and buyers' tastes change.

Fortune

Jerome Powell says Gen Z without tech skills are getting crushed in the ’low-hire, low-fire’ job market—and colleges are failing them

While a major economic issue, there’s not much the Fed can do about that, he said.

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Fortune

Ford's CEO: America is ignoring the 'essential economy' as AI eats entry-level white-collar jobs

"There’s more than one way to the American Dream," Ford CEO Jim Farley says.

Benzinga

Nickel And Diming – 'Pawn Stars' Boss Rick Harrison Says High Fees Are Killing Sin City Tourism

Las Vegas' once robust economy is struggling, and "Pawn Stars" boss Rick Harrison thinks excessive hotel fees are contributing to Sin City's tourism slump.

AAP

Bank's big rate call after 'ugly' inflation print

A big four bank has pushed back its forecast for the next Reserve Bank rate cut after Australia's headline inflation rate jumped in August.

The Conversation

The US-UK tech prosperity deal carries promise but also peril for the general public

The UK government hailed the recent US state visit as a landmark for the economy. A record £150 billion of inward investment was announced, including £31 billion targeted at artificial intelligence (AI) development.

Fortune

OECD warns Trump’s tariffs have ‘yet to be fully felt in the U.S. economy,' downgrades growth forecast with grim outlook

U.S. growth is set to fall to 1.5% in 2026.

International Business Times UK

Plug Power Stock: Hydrogen Fuel Cell Supplier Leaves Rivals in the Dust as Its Stock Soars in Shock 15% Surge

Plug Power stock jumped nearly 15% after reporting stronger-than-expected Q2 results, with surging electrolyser sales fuelling optimism that the hydrogen fuel cell supplier could cement its role in the clean energy economy.

The Guardian - UK

Permanent residency for Hongkongers may be worth £4bn to UK economy, says thinktank

Analysis finds value of moved pensions savings could raise similar revenue by 2029 as a year’s air passenger duty

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