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The Latest Breaking News from Economy

Wake me up when we're not in a recession

Most of us concluded long ago that wages are too low, bills are too high and good jobs are too hard to find

Salon

Lebanon aims to bring tourists back to its beaches as travel bans finally lift

The World Bank says poverty nearly tripled in Lebanon over the past decade

The Independent UK

‘Open prison’: The forced labour driving India’s $5 trillion economy dream

India has more than 300 million unorganised sector workers. Many suffer from withheld wages, endless toil and coercion.

Al Jazeera

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Weekend Long Read: Remembering Luminary Economist Stanley Fischer

The MIT professor helped shape the foundations of New Keynesian economics and influenced generations of economists and policymakers

Caixin Global

Transportation chief seeks to weaken fuel economy standards, calls Biden-era rule 'illegal'

Transportation Secretary Sean Duffy says Biden-era fuel economy standards for gas-guzzling cars and trucks were illegal and moved to reverse the rules

The Independent UK

Germany’s chancellor thinks his fellow citizens need to work harder. Here’s why he’s wrong

People in Germany have taken the idea of a work-life balance too far. To get their economy back on track, they must work more.

The Conversation

US economy adds 139,000 jobs as growth slows

The biggest gains were in healthcare, which added 62,000 jobs, while the economy lost 22,000 federal government jobs.

Al Jazeera

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Ocean’s survival hinges on finding the billions needed to save it

The ocean supports food, jobs and the climate systems that keep global weather in balance – but only 8 percent of it is protected, and money to safeguard the rest is critically lacking. This weekend, finance leaders and marine experts are meeting in Monaco for what many say is a…

Radio France Internationale

Europe ends largely higher after US jobs report

The American economy added more jobs than expected last month, although the pace of hiring eased, numbers on Friday showed.

Evening Standard

The fourth-largest economy hype: What the media didn’t tell you

The International Monetary Fund recently stated that India is set to surpass Japan to become the fourth-largest economy in the world in 2025. While the projection masked the underlying realities of the average Indian, it was enough for the mainstream Indian media to rush to celebrate.

Newslaundry

What About the US Economy?

If you ask a dozen economists to define the word "economy", you're likely to get a baker's dozen of responses.

Barchart

Stephen Graham has emergency surgery on a plane after realising 'something didn't feel right'

The Adolescence star, 51, had the operation in the lounge area between the economy and first class sections

Evening Standard

Hiring slows across US amid uncertainty over Trump’s tariffs

The number of Americans applying for unemployment benefits has risen to the highest level in eight months

The Independent UK

US employers added a solid 139,000 jobs in May despite uncertainty over trade wars

U.S. employers slowed hiring last month, but still adding a solid 139,000 jobs amid uncertainty over Trump’s trade wars

The Independent UK

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The Guardian - UK

Labour warned to keep spending review in line with net zero or face legal action

Exclusive: Friends of the Earth tells Keir Starmer any major green cuts by Rachel Reeves will be challenged

Barchart

S&P Futures Climb on Easing Trump-Musk Tensions, U.S. Jobs Report in Focus

June S&P 500 E-Mini futures (ESM25) are trending up +0.45% this morning on signs that the heated dispute between U.S. President Donald Trump and Tesla CEO Elon Musk may ease, while investors await the all-important U.S. payrolls report.

Euronews

Eurozone economy grows by 0.6%: Lagarde shuts door on July rate cut

The eurozone gross domestic product grew by 0.6% quarter-over-quarter in the first quarter of 2025, marking the strongest pace of growth since late 2022. ECB's President Christine Lagarde hinted that a July pause in rate cuts may be warranted.

The Guardian - AU

Afternoon Update: Trump and Musk’s spectacular blowup; Australian navy ship accidentally blocks NZ wifi; and embracing a gift economy

Extraordinary feud between US president and the world’s richest person plays out on social media

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news in one place.

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The Independent UK

Asian shares mostly gain ahead of Friday's US jobs report

Asian shares are mostly higher ahead of an update Friday about the U.S. job market that will offer insights into how the economy is faring

The Guardian - AU

I suspect there’s something poisonous about money. That’s why I’m embracing a gift economy

A slow and gentle lifestyle is possible, it’s just not sold to us, so it is harder to listen out for

Barchart

Why Did a Rating Agency Send U.S. Treasury Bonds Lower?

Credit downgrades increase borrowing costs. In mid-May 2025, one of the leading rating agencies downgraded the world’s leading economy. Market analysts are divided on whether a downgrade will impact markets and asset prices over the coming days, weeks, and months.

Reason

No, Trade With China Did Not Kill the U.S. Economy

A new comprehensive review finds the negative effects of trade with China have been significantly exaggerated.

The Independent UK

The number of Americans filing for jobless benefits last week rises to highest level in eight months

Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy

The Independent UK

New German leader plans to discuss Ukraine and trade with Trump in Oval Office visit

Germany’s new leader is meeting President Donald Trump in Washington as he works to keep the U.S. on board with Western support for Ukraine, help defuse trade tensions that pose a risk to Europe’s biggest economy and further bolster his country’s long-criticized military spending

International Business Times UK

Are US Inflation Numbers Flawed? Economists Sound Alarm

Shocking revelations about flawed US inflation data spark alarm. With tariffs looming and prices rising, can we trust the numbers guiding the economy?

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