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The Latest Breaking News from Economy

The European Gambling Market Exceeds €120+ Billion GGR: How the Revenue Structure of Online and Offline Casinos Is Changing

The total Gross Gaming Revenue (GGR) of the European gambling market has surpassed €120 billion, and this figure now resembles less a niche industry and more a major segment of the digital economy. GGR does not represent betting turnover, but rather the difference between the amount wagered by players and…

inkl

How crime in Brazil drags down the economy and heaps economic pain on the nation’s poor

Brazil’s “criminal economy” does not appear on any national balance sheet. Yet the cost of violence, contraband, tax evasion and environmental crime can be measured in the tens of billions of dollars every year and serves as a major drag on Brazil’s economic growth and stability.

The Conversation

The Real Cost of Living in 1983 — And How Far $20 Really Went

Step into 1983, and you’ll find a world where MTV was still new, seatbelts were more of a suggestion, and a twenty-dollar bill felt like a tiny treasure chest. People didn’t just casually tap a phone to buy coffee—they paid in cash, counted their change, and sometimes stretched a single…

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Trump's trade wounds force White House into action

Recent adjustments suggest the American economy is not seamlessly adjusting to his abrupt trade policy shifts.

Axios

Chinese premier cites damage from US tariffs, as China's surplus surpasses $1 trillion

China's premier says higher tariffs have dealt a “severe blow” to the world economy, even as China's own trade surplus has surged past $1 trillion

The Independent UK

Anthony Pompliano Says US Is Entering 'Deflationary Boom' Fueled By AI, Robotics, Demographics Which Are Forcing Fed's Hand On Rate Cuts

Investor Anthony Pompliano warned that the U.S. economy is being reshaped by a series of powerful deflationary forces, with technological advances and demographic trends converging in ways that are ultimately pushing the Federal Reserve towards lower interest rates.

Benzinga

Borrowing by AI companies represents a ‘mounting potential threat to the financial system,’ top economist says

“Borrowing by AI companies should be on the radar screen as a mounting potential threat to the financial system and broader economy."

Fortune

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Europe Today: EU economy Commissioner Dombrovskis reacts to President Trump’s new security strategy

Tune in to Euronews' new flagship morning programme, Europe Today, at 8 am Brussels time. In just 15 minutes, we bring you up to speed on the biggest news of the day.

Euronews

China’s record trade surplus reveals its biggest strength – and hidden weakness

Booming Chinese exports have driven trade surplus past $1tn but also reveal the extent of country’s reliance on foreign markets

The Guardian - UK

The RBA is stuck in a tug-of-war, as it holds rates steady

The Reserve Bank of Australia (RBA) has ended the year with a steady hand, keeping the cash rate at 3.6% at its final meeting of 2025. The decision was widely expected, but the real story is in the statement by the monetary policy board and what it reveals about the…

The Conversation

What Dollar Tree’s Surge and Home Depot’s Slide Say About Consumer Health

The stock market, like the economy, is currently a tale of two stories. That can be emphasized by examining the performances of Home Depot and Dollar Tree.

MarketBeat

Could The US Economy Enter A Recession While Hosting The 2026 World Cup?

In 2026, the United States, Canada and Mexico will jointly host the FIFA World Cup, the largest sporting event ever staged in North America, with 48 teams, expanded venues, and one of the most complex tourism and logistics operations in sports history.

Benzinga

Illegal tobacco is messing up economic data. That won’t stop until it’s managed like alcohol

Most Australians have probably noticed the proliferation of tobacconists and “convenience stores” in the last few years. These stores aren’t making much from the limited offerings on public display. Rather, their profitability comes from under-the-counter sales of untaxed tobacco and illegal vapes.

The Conversation

Samsung Galaxy XR is getting 3 massive upgrades — Apple Vision Pro should be sweating

Google just announced new updates coming for the Samsung Galaxy XR headset starting today — including a virtual display for your PC, creating a digital likeness for video calls and a travel mode for that first-class cinema experience in economy.

Tom’s Guide

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Benzinga

Dave Ramsey Says 'To Be Unemployed In America Today Is Crazy,' Urges People To Just 'Do Something'

Dave Ramsey says there’s no excuse for sitting idle in today’s economy. With countless ways to make money, he believes anyone willing to work can find opportunity.

The Conversation

How keeping down borrowing costs for mortgages and other loans is built into the Fed’s ‘dual mandate’

What’s the point of monetary policy?

The Guardian - US

Divided Fed ponders US interest-rate cut at end of tumultuous year

Markets expect final rate cut amid pressure from Trump as Jay Powell urges central bank to proceed with caution

Barchart

Stocks Set to Open Higher as Investors Await Fed Meeting

December S&P 500 E-Mini futures (ESZ25) are up +0.12%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.23% this morning, pointing to a higher open on Wall Street as investors look ahead to the Federal Reserve’s final monetary policy committee meeting of the year, where another rate cut is…

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Reason

Trump's Tariffs Were Supposed To Cut the Trade Deficit and Boost U.S. Manufacturing. They're Not Working.

For Trump, tariffs are a solution to every problem, and his trade war is more about the vibes than the economics.

Axios

Behind the Curtain: Trump bets his presidency and GOP's future on AI

He won on the backs of working-class MAGA. But he surrounds himself with tech moguls.

Benzinga

Kevin O'Leary Says Inflation Is 'Hidden Tax,' Warns Cutting Rates Would Risk 'Policy Disaster'

Investor Kevin O’Leary warned that inflation remains a greater threat to the U.S. economy than the financial markets want to admit, while arguing that aggressive political pressure on the Federal Reserve risks undermining the country's global credibility.

Benzinga

Peter Schiff Says Trump Isn't Making The 'Affordability Crisis' Better, Challenges President To A Debate: 'He's Making It Worse'

Peter Schiff challenged President Donald Trump on Saturday to a debate on the U.S. economy and inflation, after Trump called the economist a “loser” and a “jerk” on social media.

The Independent UK

Japan revises economic data to show bigger contraction in July-September period

Japan’s economy has contracted at an annual pace of 2.3% in the July-September period, as exports suffered from the impact of U.S. President Donald Trump’s tariffs and public investments slipped

Benzinga

Vladimir Putin Said Nothing Could Ban Bitcoin A Year Ago: Here's How Moscow Has Used Crypto Since Then To Overcome US Sanctions

Russian President Vladimir Putin asserted only a year ago that no power can ban Bitcoin (CRYPTO: BTC) regardless of what happens to the dollar. While many saw it as a message to the West on international sanctions, the country has taken targeted steps to open its economy to the world’s…

The Independent UK

Here’s what lies ahead for the economy in 2026 - and the outlook depends on who you ask

Financial institutions and economists hold a relatively positive outlook of growth in 2026 – though they warn several factors could disrupt that

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