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The Latest Breaking News from Economy

Yet another recession indicator is flashing as consumer confidence declines sharply in September

Consumer confidence has dropped below key thresholds, challenging Fed policymakers and Wall Street’s bullish market view.

Fortune

US government shutdown – why should Europe worry?

The ongoing budget fight in Washington has the unintended consequence of harming the European economy. Especially EU exporters could be in for a rough ride.

Euronews

The 'Warren Buffett Indicator' has surged above 200%, meaning the market's price is far ahead of the economy's size

Buffett has likened investing in this environment to "playing with fire."

Fortune

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Ford CEO says America is ‘far behind’ rivals like China on blue-collar industry. ‘It is pretty humbling when you look at where we are’

Michigan Gov. Gretchen Whitmer, speaking at Ford’s event on Tuesday, warned that she’s “very sober” about the stakes: “China will dominate.”

Fortune

I told myself I wouldn’t buy a Corolla again, but the Corolla Cross Hybrid changes my mind — here’s why

The 2025 Toyota Corolla Cross Hybrid is a subcompact SUV that gets outstanding fuel economy, making it an excellent alternative to buying an EV.

Tom’s Guide

Here are some effects of a government shutdown if Congress, Trump don't reach a deal

The U.S. government is nearing a partial shutdown, with a range of effects on public services and the broader economy

The Independent UK

Affordable Sports Cars? In This Economy?

Remember 2013? What a time to be alive. Scion and Subaru had just launched the FR-S and BRZ sports cars—fresh off a partnership built around the boxer engine. These were the first true modern challengers to the long-unmatched Mazda Miata, and like the Miata, they hit the market with price…

Motor1

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Ford CEO on his ‘epiphany’ after talking to his Gen Z factory workers: They were saying they ‘had to have three jobs’

During the UAW strike of 2023, Farley said he was shocked by what he heard: “Old-timers in our plants were saying, ‘It’s no longer a career, Mr. Farley.’”

Fortune

Trump Is Filling the Fed with Loyalists

By installing Stephen Miran and eyeing more allies, Trump is positioning the central bank for aggressive rate cuts and a sharp break from its tradition of independence.

Reason

Ex-Citibank Trader Says Wall Street's Best Economists Are Banned from Fixing the Economy—Here's His Radical Solution

The world’s most profitable economists are making millions predicting economic collapse for banks—but they’re shut out of the rooms where policy gets made. Gary Stevenson, a former trader at Citibank, says this disconnect is why governments keep getting blindsided by crises they should see coming.

Benzinga

Starmer seeks to restore pride in Britain amid plans to take on Reform

The Prime Minister put controlling immigration and growing the economy at the forefront of his proposals to renew the UK.

Evening Standard

Will the G20 listen to its own advisors? 4 urgent steps on climate change

The world’s 20 most powerful economies, the G20 – currently led by South Africa – face mounting pressure to slash greenhouse gas emissions and help nations adapt to climate change. Economist and international affairs specialist Gaylor Montmasson-Clair co-heads the think-and-do tank Southern Transitions and also co-chairs the G20’s Think 20.…

The Conversation

Europe's top central banker says economy holding up better than expected in face of Trump tariffs

Europe’s economy is holding up better than expected in the face of U.S. President Donald Trump’s new tariffs - in part because the European Union didn’t retaliate with self-defeating tariffs of its own, the head of the European Central Bank said Tuesday

The Independent UK

Top Economist Warns Recession Risks Remain 'Uncomfortably High' Despite Receding As Market Valuation Nears 'Y2K Bubble' Peak

Despite an encouraging upward revision of the U.S. economic growth during its third estimate release, a prominent economist is cautioning that significant risks persist, with stock market valuations reaching levels not seen since the dot-com era.

Benzinga

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Pro Game Guides

Best CloverPit Charms Tier List

Lucky Charms are the backbone of a strong CloverPit run. Because space and tickets are scarce, the best charm is usually the one that multiplies the value

Benzinga

Goldman Sachs Warns Wall Street's 'Goldilocks' Economy Could Soon Meet Three Big 'Bears' — And Investors Aren't Ready For The Shock

The global investment banking giant Goldman Sachs Group Inc. has raised concerns about a potential market shock that could disrupt the current ‘Goldilocks’ economy.

The Guardian - UK

Jobs to go at Lincolnshire oil refinery; UK economy grew faster than thought under Labour – as it happened

Insolvency firm running Lindsey oil refinery announces job losses after collapse of parent company Prax Group

The Independent UK

Business news live: UK economy grew 0.3% in second quarter but production in damaging decline

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) month on month in July

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news in one place.

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Evening Standard

FTSE 100 Live 30 September: Royal Mail strikes PayPoint deal, ASOS shares drop

A slowdown in the pace of the UK economy was today confirmed in updated figures for the second quarter.

inkl

Why Cloud Infrastructure Is Quietly Becoming a National Asset in NZ

The past year has seen numerous developments in cloud infrastructure. Public cloud services added an estimated NZ$24.3 billion to the economy of New Zealand in 2024 alone, which makes up around 6% of the country's gross domestic product. Big tech companies, such as Microsoft and now Amazon, have also rushed…

The Independent UK

China's factory activity contracts for a 6th straight month as trade tensions weigh on the economy

China has reported its factory activity shrank for a sixth straight month in September, the longest slump since 2019

The Guardian - UK

Keir Starmer to tell Labour conference growth is the ‘antidote to division’

In a combative speech, the prime minister will pledge to raise living standards and ‘face down’ threats of a volatile world

Fortune

The U.S. and U.K. are aligning on blockchain—and that is good for the world economy

In an opinion piece, the head of cryptocurrency exchange OKX explains why the US and UK could be poised to explain their longtime dominance of the financial sphere.

Fortune

Ford CEO warns there’s a dearth of blue-collar workers able to construct AI data centers and operate factories: 'Nothing to backfill the ambition'

Jim Farley has identified a crisis in the “essential economy” of overlooked blue-collar workers in the AI race.

The Independent UK

Burnham says he hopes Britain rejoins EU as he hits back at Reeves and Starmer on the economy

Greater Manchester mayor denied he would be ‘hopeless’ on the economy as he tried to play down speculation over his political ambitions

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