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The Latest Breaking News from Economy

Three reasons why so many economists disagree with Donald Trump’s tariffs

Tariffs on imports have been at the heart of Donald Trump’s economic policy since the start of his second term in the White House. And while the president believes that tariffs will be beneficial to the US economy, many eminent economists disagree. Here are three reasons why.

The Conversation

McDonald’s and Cava earnings have one thing in common: The K-shaped economy has a vise grip on the lunchtime crowd

The restaurant chain CEOs noted that while young, lower-income consumers are pulling back, high-income earners are still hungry to spend.

Fortune

Election results' message: Americans want things cheaper

ABC exit polling found the economy was the top issue for Virginia voters.

Axios

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Mediocre movies, millions in taxpayer cash: how scores of films from low-profile UK producer were funded mainly by public money

Creative industries are ‘crucial to the economy’ but film-making and tax have long had an uneasy relationship in Britain

The Guardian - UK

Corporate America is trying to tell us something about the economy, top analyst says: A 3-year recession for ‘much of the private economy’ ended in April

Morgan Stanley’s Mike Wilson was a lonely voice on Wall Street calling a “rolling recession” when others saw a boom. Now he sees a “rolling recovery.”

Fortune

The innovation blind spot: how Silicon Valley ignores Middle America

If we want to strengthen our economy and secure our future, we need to broaden our definition of what counts as “innovative.”

Fortune

China’s new 5-year plan: A high-stakes bet on self-reliance that won’t fix an unbalanced economy

Every few years since 1953, the Chinese government has unveiled a new master strategy for its economy: the all-important five-year plan.

The Conversation

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Mali’s economy near standstill amid JNIM fuel attacks

An ongoing fuel blockade initiated by the JNIM jihadist group in Mali has brought the landlocked Sahel nation’s economy to a near standstill. In an effort to isolate the capital, Bamako, and exert pressure on the ruling junta, the militants have intensified their attacks on fuel tankers, prompting Western governments…

Radio France Internationale

50 Cent Invests Millions in Shreveport, One of America's Most Needy Cities, to Build New Entertainment Empire

Rapper-turned-mogul 50 Cent has become one of the largest private property owners in Shreveport, Louisiana, and is investing in a $50 million entertainment district in an effort to boost the city's economy.

International Business Times UK

Elon Musk, Mark Zuckerberg And Other Top US Billionaires Add $698 Billion Amid Soaring Inequality — Could Trump's Policies Create First Trillionaire?

America’s richest are pulling even further ahead. In the past year alone, the 10 wealthiest U.S. billionaires added $698 billion to their fortunes — a surge that underscores the wealth divide in the world’s top economy.

Benzinga

Brexit and austerity still causing ‘major problems’ for economy – Phillipson

Education Secretary Bridget Phillipson’s comments came after Chancellor Rachel Reeves prepared the ground for tax hikes in her November 26 Budget.

Evening Standard

Minister doubles down on Reeves’ doom warning: ‘We will do what’s right for the future of our economy’

While the education secretary insisted the government takes its manifesto pledges seriously, she said there are ‘major problems’ plaguing the economy

The Independent UK

Fixing Britain’s worklessness crisis will cost employers £6bn a year, report says

The Keep Britain Working review, created to tackle the rising tide of ill health pushing millions out of work, reported its findings ahead of this month’s budget

The Guardian - UK

UK economy ‘bleeding out’ with brain drain in science and tech, peers warn

The Science and Technology Committee said Britain should be ‘rolling out the red carpet rather than red tape’ for highly skilled professionals.

Evening Standard

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Evening Standard

Income tax hike of at least 2p likely needed to plug Budget hole, warns Niesr

The economic think tank said the Chancellor needed to make ‘brave choices’ at the upcoming November 26 Budget.

Grocery Coupon Guide

The Grocery Aisle That Shows Exactly How the Middle Class Disappeared

The American middle class, once the powerful engine of the economy, is shrinking. This “hollowing out” of the middle is not just an abstract economic theory. It is a reality that you can see for yourself in the aisles of your local grocery store. The ice cream aisle, in particular,…

International Business Times

Automation to Trust: The New Currency of Growth

In an AI‑driven economy, where every release carries risk, it is engineering leadership that turns that risk into resilience.

The Conversation

University still pays off – even in lower-wage Britain

In the upcoming budget, Chancellor Rachel Reeves is expected to raise the minimum wage to £12.70 an hour: £26,416 annually for a full-time job. This means that the gap between salaries for minimum wage jobs and those for professional jobs that require a degree is shrinking fast.

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AAP

Stubborn workplace racism sparks call for major inquiry

From exploiting migrants to hindering careers, persistent workplace racism prompts calls for an inquiry similar to the national probe into sex discrimination.

Fortune

Goldman Sachs CEO debunks AI job replacement hysteria, saying humans will adapt like they always do: ‘Our economy is very nimble’

“There will be disruption. But I’m a big believer that our economy is very nimble, very flexible,” said David Solomon.

Kiplinger

Tariffs, Inflation, Uncertainty, Oh My: How to Feel Less Stressed About Finances Now

Tariffs, high prices and an uncertain economy getting you down? These steps can help.

The Guardian - UK

Reeves wants to talk about the budget, but she’s taken a vow of white noise

Exclusive: It must be tough overseeing Schrödinger’s economy, fixing the foundations while also failing to fix them

The Conversation

Social work is a serious profession – why not youth work? What South Africa needs to get right

About 3.5 million South Africans aged 15-24 are disengaged from the formal economy and education system. In the first quarter of 2025, 37.1% of young people were not in employment, education, or training.

Everybody Loves Your Money

10 Mobile Apps That Collect Far More Than Location

You probably already know your phone is tracking your location—but what if that’s just the tip of the iceberg? In the era of “free” apps, your personal data is the real product. Every time you grant an app access to your microphone, camera, or contact list, you’re opening the door…

Latin Times

Economy, Not Immigration, Tops Latino Voter Concerns Ahead of 2026, New Poll Finds

A new national survey has found that economic pressures — not immigration — are shaping Latino political attitudes heading into the 2026 midterms.

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