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The Latest Breaking News from Economy

Stock Market Today: Dow Drops 699 Points After Powell Speech

Fed Chair Powell warned of a slowing economy and higher inflation but said the central bank isn't ready to cut rates just yet.

Kiplinger

For the first time in years, the public trusts Republicans less on the economy than Democrats, poll finds

Trump’s own economic approval rating has fallen as he continues his trade war with China

The Independent UK

Jerome Powell’s warning on Trump’s tariffs: There’s no ‘modern experience of how to think about’ the White House’s trade policy

In a speech on Wednesday, Federal Reserve Chair Jerome Powell warned of higher prices, “continued volatility” in the markets, and the looming threat of stagflation.

Fortune

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Global Economy at an Inflection Point Again: Christian Urbina on Fiscal Strategy, Global Trade, and Investment Planning

Christian Urbina, President, CEO, and Chief Investment Officer of Prosperitus Wealth Advisors, LLC, believes this is a moment that demands clarity, strategy, and thoughtful action.

International Business Times

The gig economy is growing three times faster than the traditional workforce, and Gen Z is leading the charge. Here’s how employers can fight back and keep their talent from going rogue

The youngest population of workers want more control over their career trajectory.

Fortune

Trump Touts Trade Talks, China Calls Out Tariff 'Blackmail'

US President Donald Trump touted tariff negotiations with Japan on Wednesday while China angrily accused Washington of "blackmail" in a trade war that the WTO warns will have "severe" economic consequences for the global economy.

International Business Times

Tariff Uncertainty Is Stalling the Economy

Businesses are reporting fewer orders, lower inventories, less employment, and weaker expectations. The only thing going up: prices.

Reason

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Jason Furman: Why Everyone Is Wrong About the Economy

Former Obama administration economic adviser Jason Furman explains why both major parties have abandoned economic reality in favor of political fantasy.

Reason

Dr. Copper Provides Valuable Clues for Commodity Markets, Global Economy

Copper will prescribe what comes next for safe-haven assets like gold and silver as well as the broader market.

Barchart

Denying compensation to ‘Waspi’ women over pension changes could be a missed opportunity

Governments around the world have addressed the challenge of increasing life expectancy and declining birth rates by raising the pension age. The UK is no exception. The challenge this creates for governments is the thorny dual issue of rising care costs for the ageing population while fewer taxpayers support the…

The Conversation

Culture can build a better world: four key issues on Africa’s G20 agenda

The cultural and creative industries are a growing source of income and job creation around the world, generating tens of millions of jobs. The cultural sector is also linked to soft power, to relations between countries.

The Conversation

California launches legal challenge against Trump’s ‘illegal’ tariffs

Governor says import tariffs are ‘wreaking chaos’ on the state’s families, businesses and economy

The Guardian - US

Good news on UK inflation may be short-lived amid trade war and rising household bills

Worsening global outlook makes ‘gradual and careful’ approach on interest rates by Bank of England more difficult

The Guardian - UK

China's Forecast-beating Growth Belies Storm Clouds Ahead: Analysts

Forecast-beating growth in China's first quarter may have offered Beijing's economic planners some much needed good news -- but analysts warn they should strap in for tariff-induced woes further down the line.

International Business Times

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Euronews

China’s first-quarter economic growth beats estimates as tariffs loom

China’s economy grew by 5.4% in the first quarter, surpassing analysts’ expectations. Other key economic data has also topped estimates, suggesting the stimulus measures have been effective in bolstering the world’s second-largest economy. However, its economic outlook remains uncertain.

Al Jazeera

China posts 5.4% GDP growth in first quarter, beating forecasts

Statistics agency says economy ‘off to a good start’ despite more ‘complex and severe’ external environment.

The Independent UK

China says economy beat expectations to grow 5.4% ahead of Trump tariff war

Beijing expects Trump tariffs to put ‘certain pressures’ on its trade and economy

Euronews

Trump the unifier? How Europe could benefit from Trump’s policies

Despite a strong likelihood of the eurozone being hit by a recession by mid-2025, a new report sheds light on how Trump’s policies could boost the bloc’s economic perspectives in the years to come.

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news in one place.

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International Business Times

China's Economy Beat Forecasts In First Quarter Ahead Of Trump's 'Liberation Day'

China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.

The Independent UK

China's economy grows at a 5.4% annual pace in Jan-March quarter

China has reported that its economy expanded at a 5.4% annual pace in January-March, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese exports

Salon

Americans: Economy is bad under Trump

A new poll from CBS/YouGov pinned the blame for a stagnating economy on Trump and his tariffs

Latin Times

Voters Trust Democrats Over Republicans To Handle The Economy Less Than Three Months Into Trump's Term: Poll

As the Trump administration continues back-and-forth on tariffs, voters are turning to Democrats to fix the economy for the first time since 2021, a new poll shows.

The Independent UK

What does it mean that Milei ended Argentina's strict controls on currency and capital?

President Javier Milei promised Argentinians that an economic revival would follow the pain of harsh austerity

The Conversation

Trump has shown he will backtrack on tariffs. What does that say about how to wage a trade war?

Amid Donald Trump’s escalating tariff war with China, the world has been left in no doubt. Consistent with his campaign messaging, and going against the overwhelming majority of economists’ advice, it’s clear that the US president still loves tariffs. He is ready to use them as a bargaining tool –…

MarketBeat

Is BlackRock Signaling a Market Rally Despite New Tariffs?

BlackRock, the world's largest asset manager, just released its quarterly earnings report to show investors a potentially bullish view on the economy.

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