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The Latest Breaking News from Economy

How Generative AI's 'Deepfake Economy' Is Hobbling Small Businesses

Over the past few years, the potential uses of generative AI, both positive and negative, have been talked to death. However, there's one application of the technology that small business owners are saying is often overlooked: the deepfake economy.

Benzinga

Worries about the UK economy are justified, but can the government afford to gamble on raising taxes?

Gloomy economic figures have heaped more pressure on the British government and its promise to improve growth. And if that wasn’t enough, there have also been some stark warnings about public finances and the country’s ability to service its debts.

The Conversation

Trump’s 145% tariffs prove useless as China’s booming economy defies Washington’s dire predictions

Exceeded Beijing's targets.

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Rachel Reeves is hoping deregulation will save the economy. We know how that ends

The chancellor’s emollient speech to City bosses this week was alarming. There are better ways to revive Britain’s fortunes, says Guardian columnist Larry Elliott

The Guardian - UK

Green energy and protecting nature get the thumbs up in climate change study in 68 countries

Africa has begun experiencing frequent extreme weather events. Extreme weather is defined as the kind of heatwaves, droughts, storms and floods that have historically been rare occurrences for the place and time, and which pose a danger to large numbers of people and the economy. Marina Joubert researches how the…

The Conversation

Sudan’s war is an economic disaster: here’s how bad it could get

Since April 2023, Sudan has been engulfed in a devastating war between the Sudanese Armed Forces and the Rapid Support Forces. What began as a struggle for power has turned into a national catastrophe. More than 14 million people have been displaced. Health and education systems have collapsed and food…

The Conversation

10 Used Cars That Will Last Longer Than an Average New Vehicle

Given the turbulent economy over the past five years, finding a car that lasts longer than 200,000 miles isn't a matter of pride -- it's a financial planning near-necessity. Thankfully, cars last much...

GOBankingRates

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'Sell America' Narrative Is Wrong, JPMorgan Exec Says — US Will Remain Dominant Despite Tariffs And Debt

JPMorgan U.S. head of investment strategy, Jacob Manoukian, has dismissed concerns about the American economy’s future, asserting that the U.S. will maintain its global economic dominance.

Benzinga

Voices: Inflation has delivered a nasty shock – but don’t panic just yet...

COMMENT: The Bank of England can still cut rates at its August meeting, reassures James Moore. So, this blip may prove temporary...

The Independent UK

Moody's Warns Of Housing Market 'Red Flare' As Sales Plunge, Builders Back Off

The U.S. housing market is showing signs of a significant slowdown, with a sharp decline in sales and a potential threat to the economy, according to Moody’s.

Benzinga

Swinney accuses Reeves of ‘channelling Thatcher’ with financial reforms

The Scottish First Minister criticised plans set out by the Chancellor in her Mansion House speech on Tuesday night.

Evening Standard

Edmunds three-row hybrid SUV test: Kia Sorento vs Toyota Highlander

The Kia Sorento Hybrid and Toyota Highlander Hybrid are two strong choices for those willing to sacrifice some interior space, especially in the third row, for exceptional fuel economy and a lower price

The Independent UK

Is Russia producing a year's worth of NATO ammunition in three months?

NATO Secretary General Mark Rutte has repeatedly said that Moscow’s annual ammunition production capacity is four times greater than that of the western alliance.

Euronews

Indonesia Hails 'New Era' With US After Trump Trade Pact

Indonesia's leader on Wednesday hailed a "new era" of trade relations with the United States, after Donald Trump said he slashed the tariff rate faced by Southeast Asia's biggest economy from 32 percent to 19 percent.

International Business Times

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Euronews

UK Treasury chief will slash financial red tape to boost investment

Reeves set out the changes in her annual Mansion House speech to finance bigwigs in London, saying she was “rolling back regulation that has gone too far in seeking to eliminate risk”.

The Guardian - UK

Wednesday briefing: Why Labour wants to cut financial red tape – and why critics fear that risks a new crisis

In today’s newsletter: Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade’ – but are they enough to spark the economy?

The Independent UK

Voices: Trump just delivered a word salad speech that would’ve got Biden impeached

COMMENTARY: In a few short remarks, the president revealed he has very little knowledge of the U.S. economy; is incapable of remembering where his own representatives or aides are and cannot stay awake during an early afternoon public appearance, Holly Baxter writes.

Benzinga

Circle CEO: Stablecoins Are Going Mainstream — Fast

Jeremy Allaire, CEO of Circle Internet Group, Inc. (NYSE:CRCL), is offering a compelling vision for the future of digital finance and the role of stablecoins in the global economy.

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International Business Times

No Rate Hike? Here's Why The Fed's Pause Could Change Everything For You

By holding rates steady, the Fed is effectively acknowledging that inflation pressures are real but not yet indicative of an overheating economy warranting drastic action.

The Independent UK

Google partners with Youngkin and offers AI training courses to Virginia job seekers

Republican Gov. Glenn Youngkin announced on Tuesday that Google will partner with his administration to provide free and low-cost artificial intelligence certification courses to Virginians as part of his office’s ongoing effort to connect citizens to new jobs amid changes to the state’s economy

Benzinga

China's GDP Growth Beats Expectations, But Which ETFs Will Actually Benefit?

China’s economy expanded by 5.2% in the second quarter of 2025, slightly better than expected and just enough to spark cautious optimism in global markets. Although the number exceeds the 5.1% economists forecast, according to a Reuters poll, it also represents a slight deceleration from Q1’s 5.4% rate, as cited…

InsideEVs

Congress Killed The Law That Saved You Money At The Pump. What Now?

Tax credits weren’t the only reason driving EV sales. A critical law that had been in effect for half a century also played a huge role.

GamesRadar

As a 10-year player I'm kind of scared of the Destiny 2: Edge of Fate patch notes, which might be a Bungie record for new currencies and MMO loot MacGuffins

This is going to take some getting used to

Fortune

The forecast for the U.S. economy looks cloudy as inflation rises: 'It would be wise for the Fed to remain on the sidelines'

The effects of President Donald Trump’s tariff policy are beginning to worm their way through the economy.

Euronews

Thailand delays tourist entry fee until 2026 as arrivals dip and economy falters

The €7.50 fee is earmarked for travel insurance and projects that improve tourism infrastructure.

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