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The Latest Breaking News from Economy

Crisis-era level job anxiety and inflation couldn't deter consumers

Consumer spending has not shown the economy's cracks that have been apparent elsewhere.

Axios

If a Recession Is Coming, You'll Want to Own These 2 Stocks

With the economy flirting with a recession, investors who shore up their portfolios with defensive consumer staples stocks are likely to feel less pain.

MarketBeat

Why JPMorgan Says Fiverr's Painful Layoffs Could Lead To Long-Term Gain

As the gig economy evolves, companies are increasingly leveraging artificial intelligence to enhance operational efficiency and drive sustainable growth. This technological shift opens up new possibilities for businesses to streamline processes and innovate, setting the stage for significant strategic transformations.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

Cameroon could be turning waste to energy: study uncovers why it’s not, and sets out solutions

Many African cities still struggle with litter and garbage that is not properly disposed of. This poses serious public health risks. It attracts vectors of disease like mosquitoes and flies, and can lead to cholera and malaria outbreaks.

The Conversation

Fed, under pressure to cut rates, tries to balance labor market and inflation – while avoiding dreaded stagflation

The Federal Reserve is in a nearly impossible spot right now.

The Conversation

AI will make the rich unfathomably richer. Is this really what we want?

The ‘knowledge economy’ promised cultural and social growth. Instead, we got worsening inequality and division. Artificial intelligence will supercharge it

The Guardian - US

September Fed Meeting Prep: Rate Cut Odds, Stagflation Risk, and White House Conflict

Here’s what to expect as Fed Chair Jay Powell and the FOMC head into a highly anticipated meeting, where investors have priced in a rate cut of 25 basis points almost unanimously.

Barchart

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Netanyahu claims trade boycotts over Gaza will force Israeli economy to become ‘super Sparta’

Israeli PM admits Israel is ‘in isolation’ amid growing alarm over the humanitarian crisis unfolding in Gaza

The Independent UK

Who benefits if NHS drug prices soar? Donald Trump and big pharma. Just one more way he’s menacing Britain

The NHS needs cheap drugs, and our economy needs a thriving pharma industry. The president threatens both – no wonder Labour is grovelling to him, says Guardian columnist Polly Toynbee

The Guardian - UK

UK state pension likely to rise by 4.7% under triple lock

Increase will put further pressure on Rachel Reeves as ONS figures show pay growth slowing and job losses rising

The Guardian - UK

Google to invest £5bn in UK over next two years

Chancellor Rachel Reeves said it is a ‘vote of confidence’ in the UK economy.

Evening Standard

Google launches £5bn AI investment in UK ahead of Trump’s visit

It follows reports that OpenAI, the firm behind ChatGPT, and Nvidia are also set to announce billions in UK data centre investments

The Independent UK

Couldn't it make it to see Bad Bunny in Puerto Rico? He's livestreaming his last concert

Bad Bunny’s residency in Puerto Rico has boosted the island’s economy and stoked conversations about its identity and struggles

The Independent UK

3 Dividend Growers That Fly Under the Radar

These three companies may have what it takes to continue to build on their strong history of dividend payments even if the economy continues to sour.

MarketBeat

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The Independent UK

Beyond Charlie Kirk, Trump faces crises on the economy and immigration this week

ANALYSIS: Amid Trumpworld going all in on making Charlie Kirk its personal martyr, multiple crises face Trump, Eric Garcia writes

Motor1

These States Have Banned the Dodge Durango Hellcat

The Trump Administration has effectively nullified fuel-economy regulations, but the California Air Resources Board (CARB) can still set its own standards. Seventeen additional states, plus Washington, DC, follow its rules—and in those CARB states, Dodge won't be able to sell the Durango R/T or SRT Hellcat.

Radio France Internationale

Latest heatwaves, droughts, floods could cost Europe €126 billion by 2029

This summer’s heatwaves, droughts, and floods are expected to cost the European economy more than €120 billion in the long term, according to a new study.

GOBankingRates

Financial Advisors’ Top 4 Tips for Middle-Class Families To Survive the Trump Economy

Here are the top five tips for middle-class families to survive the Trump economy.

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news in one place.

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The Guardian - AU

‘We’ve got no tourists’: small businesses caught up in Australia’s largest manhunt struggle as aid announced

Victorian government pledges up to $2.5m to help visitor economy in alpine region as search for alleged Porepunkah killer Dezi Freeman continues

The Guardian - UK

Chinese economy slows amid Trump trade war and weaker consumer spending

Slowing growth in factory output and retail sales prompts calls for fresh economic stimulus

Benzinga

Republican Representative Tim Moore Loads Up On Leveraged Small-Cap Bets Against US Economy: Here Are His Latest Trades

Rep. Tim Moore (R-N.C.), a Republican member of the House Financial Services Committee, has made significant leveraged bets against U.S. small-cap stocks, according to recent financial disclosures.

Benzinga

Moody's Mark Zandi Warns Of 'Uncomfortably High' 48% Probability Of US Recession In Next 12 Months

The U.S. economy faces an “uncomfortably high” 48% probability of slipping into a recession within the next 12 months, according to Mark Zandi, Chief Economist at Moody's Analytics.

International Business Times

Chinese Factory, Consumer Activity Slow Amid Economy Struggles

China's economy showed further signs of weakness last month, with key data Monday revealing factory output and consumption rising at their weakest pace for around a year.

Evening Standard

Milei has transformed the Argentinian economy — if only Labour would take note

A long-term economic basket case, the country has been revived by the radical policies of its controversial president. So what can we learn from them?

The Guardian - UK

Labour urged to create ‘national occupational health service’

Fabian Society argues service could keep more people in jobs and fix worklessness crisis driven by ill-health

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People

Marjorie Taylor Greene

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