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The Latest Breaking News from Economy

Labour now less trusted on the economy than Liz Truss, damning new poll finds

Asked who they would trust with the economy, 10 per cent of people said Labour – fewer than those who said they would trust Liz Truss

The Independent UK

AI bubble a "key downside risk" to U.S. economy, report warns

The OECD expects growth to slow and inflation to rise in the U.S. next year.

Axios

Stock Index Futures Gain as Investors Recover Risk Appetite

December S&P 500 E-Mini futures (ESZ25) are up +0.27%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.39% this morning, signaling a rebound from yesterday’s sell-off on Wall Street as investor risk appetite gradually returns at the start of December, a period that has historically been strong for markets.

Barchart

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OBR confronted Treasury about ‘unhelpful’ policy leaks before Reeves’ Budget

The economy watchdog forced to deny being ‘at war’ with Treasury after row over state of Britain’s public finances

The Independent UK

UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

Evening Standard

OECD warns Reeves higher taxes and spending restraint will limit consumer expenditure

UK economy will grow faster than France, Germany and Italy but slower than US next year, report predicts

The Guardian - UK

Fresh blow for Reeves as Labour’s anti-migration policies blamed for sluggish UK growth

Less than a week after her controversial Budget, Rachel Reeves has been warned that tax hikes and spending cuts will pile pressure on the UK economy in next two years

The Independent UK

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Age of the ‘scam state’: how an illicit, multibillion-dollar industry has taken root in south-east Asia

Like the narco-state, a ‘scam state’ refers to countries where an illicit industry has dug its tentacles deep into institutions and transformed the economy

The Guardian - AU

Why economic insecurity – not immigration – should be Labour’s top electoral priority

The autumn 2025 budget came at a crucial time for the Labour government. With their popularity at record lows, how Labour continues to manage the economy is key for its prospects at the next election.

The Conversation

Why Premium Cabin Travel Is Becoming More Affordable

For a long time, stepping into a business class cabin felt like entering a different world — a quieter one with wide seats, real cutlery, and the promise of finally getting a few hours of sleep on a long flight. It certainly wasn’t something most travelers ever expected to buy…

inkl

How the standoff between Rachel Reeves and the OBR unfolded

Treasury’s independent economic forecaster says outlook for economy rosier than chancellor led everyone to believe

The Guardian - UK

Karl Rove’s stark warning to Republicans of ‘deep trouble’ ahead of midterms

Karl Rove warned the Big, Beautiful Bill failing to have immediate benefits, as Trump said it would, has damaged the party

The Independent UK

Swiss prosecutors file charges against Credit Suisse and UBS over ‘tuna bonds’ scandal

Banks accused of ‘organisational deficiencies’ relating to scam that crashed Mozambique economy nearly a decade ago

The Guardian - UK

Here's why everyone's talking about a 'K-shaped' economy

References to the “K-shaped economy” are rapidly proliferating

The Independent UK

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International Business Times UK

New International Student Enrolments in US Colleges Drop 17% Amid Immigration Policies, Costing the Economy Over $1B

International student enrolments at US colleges declined sharply in 2025 due to visa restrictions and policies, leading to significant economic losses and job reductions nationwide.

The Independent UK

UK leader Keir Starmer backs his Treasury chief over claims she misled the public about the economy

British Prime Minister Keir Starmer has defended his Treasury chief Rachel Reeves against claims she misled the public about government finances before last week's tax-hiking budget

The Guardian - UK

UK refrains from hitting high street on Black Friday as fears grow over economy

Data comes as KPMG highlights soft consumer spending as one factor likely to hold back growth in 2026

Euronews

How can we decarbonise shipping without damaging the global economy?

The decision on a levy on carbon emissions from shipping, proposed by the UN’s International Maritime Organization, has been delayed until 2026. But is the industry ready for a decarbonised future?

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Benzinga

Elon Musk Predicts 'People Don't Have To Work At All' In 20 Years As AI and Robotics Advance: It Will Be Like A 'Hobby'

Tesla Inc. (NASDAQ:TSLA) CEO, Elon Musk, said that the world is heading toward a future where traditional employment becomes obsolete, as rapid progress in artificial intelligence and robotics fundamentally reshapes the global economy.

Benzinga

Local Economies Lose Big As Fewer International Students Arrive — Businesses Feel The Pinch

International students have long played an important role in the financial health of U.S. colleges — and of the communities around them. But new data from the Institute of International Education shows that fewer students from abroad are arriving on American campuses this fall, and the effects are rippling far…

GOBankingRates

I Asked ChatGPT What Would Happen If the Top 1% Paid Off America’s Student Debt

What if America’s wealthiest paid off student debt? See how much it would cost and what impact it could have on borrowers and the economy.

The Conversation

The AI bubble isn’t new — Karl Marx explained the mechanisms behind it nearly 150 years ago

When OpenAI’s Sam Altman told reporters in San Francisco earlier this year that the AI sector is in a bubble, the American tech market reacted almost instantly.

Kiplinger

How to Position Your Portfolio for Lower Interest Rates

The Federal Reserve is far from done with its rate-cutting regime. This is how investors can prepare.

Fortune

Why the economy has that ‘weird feeling of something you like getting worse’: One of America’s top legal theorists on ‘the age of extraction’

“My understanding of America is that it’s the place where things are supposed to get better,” Columbia Law School’s Tim Wu told Fortune.

The Guardian - UK

Your Party is voted to be called … Your Party, Jeremy Corbyn announces – UK politics as it happened

Former Labour leader announces official name at conference in Liverpool after vote by members

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