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The Latest Breaking News from Economy

Europe saw stronger growth at start of year, but Trump's tariffs have darkened outlook

Europe’s economy has grown more strongly in the first three months of the year only to see hopes for an ongoing recovery quickly squelched by U.S. President Donald Trump’s trade war

The Independent UK

Trump claims shrinking US economy ‘nothing to do with tariffs’ as GDP drop raises risk of recession – as it happened

US on brink of ‘Trumpcession’ after jump in imports weighs down GDP… US president blames predecessor

The Guardian - UK

China manufacturing activity plummets amid Trump tariff war

Index of activity drops to lowest reading since December 2023 as a result of ‘sharp changes’ in international trading

The Guardian - UK

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China's export orders dip in April as Trump's tariffs begin to bite

Monthly surveys of Chinese factory managers shows export orders slowed in April as higher tariffs on U.S. imports began to kick in

The Independent UK

Trump's tariffs loom over the economy as shipments from China fall

American businesses are cancelling orders from China, postponing expansion plans and hunkering down to see what trade policy surprises President Donald Trump plans to spring on them next

The Independent UK

Labour not protecting people, economy and homes from climate crisis, watchdog says

Plans to protect UK from extreme weather are inadequate, Climate Change Committee says in scathing assessment

The Guardian - UK

Mark Carney won: Here are the key economic priorities for his new government

The Liberal Party led by Mark Carney has secured a fourth consecutive term in government. This victory has come at a time when Canada is facing an unprecedented threat to its economic security and sovereignty from United States President Donald Trump.

The Conversation

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Becoming More Bullish on Stocks, But...

Stocks are on a roll with the S&P 500 (SPY) up more than 10% from the recent lows. Before you start getting too giddy, you should read this updated market outlook and trading plan Steve Reitmeister.

StockNews.com

Consumers, businesses less upbeat about US economy despite Trump’s hype

Surveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.

Al Jazeera

Base Officially Reaches Stage 1 Decentralization – What's Next For Popular Layer 2?

Base has reached Stage 1 Decentralization, marking a major leap in the Layer 2 blockchain's vision of providing the global onchain economy with an open and decentralized ecosystem that's accessible to all.

International Business Times

The uniting theme of Trump’s presidency? Ineptitude

From deportations to human rights to the economy, the president’s actions have resulted in mayhem. Here’s a sampling

The Guardian - US

Jon Stewart on Trump’s first 100 days: ‘I am so tired’

Late-night hosts discuss chaos and lies in Donald Trump’s first 100 days in office, and his blue suit at the pope’s funeral

The Guardian - US

Multiple Challenges Await Canada's Carney

Canadian Prime Minister Mark Carney celebrated election victory on Tuesday, but he admits "daunting" challenges await, including handling Donald Trump and reshaping the economy.

International Business Times

People feel so bad about the economy because of tariffs and inflation that consumer confidence sank to a 13-year low

President Donald Trump’s tariff policies have largely impacted how consumers feel about the economy.

Fortune

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The Independent UK

America gives Trump an F: More voters pick failing grade than any other for his first 100 days

President’s political standing is worsening, driven by views of his handling of the economy and tariffs

The Independent UK

US consumer confidence plunges to lowest in 5 years on tariff worries

Americans’ confidence in the economy slumped for the fifth straight month to the lowest level since the onset of COIVD-19 as worries about the impact of tariffs take a heavy toll on consumer expectations for future growth

The National (Scotland)

Labour benefit cuts 'to cost UK economy £38bn per year', expert report finds

Labour's cuts to benefits and welfare payments are costing the economy tens of billions in lost productivity every year, according to a new report…

Salon

Trump proposal may gut climate modeling

Potential funding cuts for NOAA and its research partners threaten irreparable harm to climate research and safety

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Euronews

Spain's economy grows at slightly slower pace at the start of the year

The nation is still outperforming many European peers, with consumption set to remain robust as the year continues.

The Independent UK

Trump live: President’s unprecedented budget proposal alarms some key Republicans

Despite steep cuts to non-defense discretionary spending, huge military parade still being planned for president’s birthday in June

Fortune

“Chaos is the new order”—Fortune 500 Europe Michelin CEO says agility is antidote to global trade wars

Rapid changes in the global economy pose challenges for multinationals with cross-border supply chains. Michelin's CEO Florent Menegaux tells Fortune how the company is navigating the turbulence.

The Guardian - UK

Labour’s benefit cuts will cost UK economy billions, charity says

Trussell report finds that higher levels of poverty mean Britain is losing out on £38bn a year of potential output

InsideEVs

The Telo MT1 May Be Tiny, But It's Still Built For Hard Work

The graveyard of EV startups is already crowded. And that list could get even longer if America continues with its hostile trade policies. Building a new car company in this economy takes guts. But it’s also true that the EV industry is only now starting to explore the true potential of…

Latin Times

Almost Two In Three Latino Voters Now Have An Unfavorable View Of Trump As Tariff-Related Economic Concerns Mount

Almost two in three Latinos now have an unfavorable view of President Trump as his trade war threatens to upend the economy, the demographic's main concern

InsideEVs

The State Of New York Is Picking A Really Dumb Fight With Tesla

New York wants to be a leader in electrification. With an economy that's larger than Canada's and a relatively wealthy, relatively progressive population, you'd think the EV transition would come easy. There's certainly plenty of money behind it. But there's only one issue, one that sits at the center of…

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