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The Latest Breaking News from Economy

UK economy expected to have grown in first months of 2025

Official figures are forecast to show a bounce in the first quarter of the year, before April’s tax rises and Donald Trump’s tariff announcement.

Evening Standard

Fed's Goolsbee says it's 'not realistic' to expect business or central banks to make major decisions

Despite all the tumult in the markets, the underlying data—which comes in with a lag—suggests the economy is still faring well, Chicago Fed president Austan Goolsbee said.

Fortune

Merz vows to keep the US on board on Ukraine and strengthen Germany's military and economy

New German Chancellor Friedrich Merz says he will work to bring Europe and the U.S. together in their approach to Ukraine

The Independent UK

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Merz Vows To Rev Up German Economic 'Growth Engine'

German Chancellor Friedrich Merz on Wednesday pledged reforms and investment for Europe's biggest economy to transform it once again into a "growth engine" after two years of recession.

International Business Times

What is Global Airlines? All you need to know about new transatlantic airline before maiden flight to New York

The founder says he is ‘constantly bewildered and disappointed by the poor experiences he has encountered aboard hundreds of commercial flights’

The Independent UK

Tui summer bookings slow as boss warns European economy ‘needs new momentum’

Europe’s largest travel operator said summer sales are 1% down compared with the same point last year, which it partly blamed on a later Easter.

Evening Standard

Trump's Approval Rating Climbs On Improving Optimism Over Economy, Immigration, Trade War

President Trump's approval ratings have improved in the last two weeks amid rising hopes for the global trade war to ease, but markets remain unstable as the world watches whether Trump will secure more trade deals.

International Business Times

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After chaos of the Yoon era, South Korea prepares to pick a new president

Koreans hope politics can return to a focus on record high youth unemployment and a cost of living crisis after impeachment drama

The Guardian - AU

Asian shares mostly gain amid cautious relief over U.S.-China agreement

Asian shares are mostly higher as a cautious sense of relief spreads through regional markets after the U.S. and China agreed to a 90-day pause in their trade war to allow for negotiations

The Independent UK

United Airlines unveils new business-class seat that converts to a double bed — plus upgrades for economy

The new cabins will be fitted to all newly ordered Boeing Dreamliners - and will debut in 2026

The Independent UK

European economist says Russia's economy is strained due to the Ukraine war and sanctions

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of Ukraine drags on

The Independent UK

Immigrants are not spongers or skivers, says Sadiq Khan, after PM's 'island of strangers' speech

London mayor says of Sir Keir Starmer’s comments: ‘Those aren’t words that I would use’

Evening Standard

Trump’s Middle East trip isn’t just about diplomacy. It’s about the family business

The Trump Organization has millions in developments in Saudi Arabia, Qatar and the UAE – sites of his first state visit

The Guardian - US

Give birth? In this economy? US women scoff at Trump’s meager ‘baby bonuses’

Trump administration is considering pronatalist policies such as awarding $5,000 for every birth – but women say they want universal healthcare and cheaper childcare

The Guardian - US

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The Independent UK

Asian shares gain after Wall Street's rally, but hopes are tempered by trade war uncertainties

Asian shares have advanced after China and the United States announced a 90-day truce in their trade war

The Guardian - AU

A year after deadly riots, New Caledonia’s president vows to address push for independence

Exclusive: In the wake of unrest that rattled the French overseas territory, Alcide Ponga discusses how to rebuild and his plan for the future

inkl

The 2025 Digital Abilities Plan: Adjustment, Imagination, and Continuous Learning in a Fast-Changing Economy

In 2025, the digital economy will not just be growing but dominating. One fact stands high amid these shifts: digital abilities are no longer optional.

The Guardian - AU

Price says some Liberals still back nuclear – as it happened

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InsideEVs

The 2025 Toyota RAV4 Isn’t Perfect, But It’s Everywhere For A Good Reason

There are literally millions of Americans who wake up every day, leave their bedrooms and venture about their days behind the wheel of a Toyota RAV4. They’re everywhere: in shopping malls, at office parks, in the end-of-school day pickup line. Clearly, Toyota’s done something right; people are buying these things…

AAP

Consumers in crossfire despite US-China trade war truce

An index measuring consumer sentiment is improving after the US tariff announcements, but Australians are warned the economic impact still remains uncertain.

Roll Call

Trump pivots from populist economic campaign ideas - Roll Call

President Donald Trump does not sound much like Candidate Donald Trump on the economy, opting to take a much bolder approach.

The Conversation

UK’s India trade deal offers wider access to a surging economy – and could make food imports cheaper

After more than three years and 14 rounds of negotiations, the UK and India have finally announced a free trade agreement (FTA). UK Prime Minister Keir Starmer will formally sign the deal on a visit to India later this year. This is the biggest and most economically significant bilateral trade…

The Conversation

‘Elbows up’ in Canada means sustainable resource development

“Elbows up” means many things today in Canada, including using the country’s rich natural resources more effectively to support a strong, independent economy that benefits people and society.

Barchart

‘I Think It's Led To Bad Things’: Warren Buffett Says Tariffs are Causing Harm and ‘We Want a Prosperous World’

At the 2025 Berkshire Hathaway shareholder meeting, Warren Buffett warned that weaponizing trade risks global prosperity, and urged cooperation over confrontation in an increasingly fractured world economy.

The Conversation

The birth of the EU: Europe celebrates 75th anniversary of the Schuman declaration

9 May 2025 marked the 75th anniversary of the Schuman Declaration, the proposal by French Foreign Minister Robert Schuman (1886-1963) to pool the production of coal and steel – vital raw materials for Europe’s industry and economy – with Germany. This was done through the Economic Coal and Steel Community…

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