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The Latest Breaking News from Economy

Recession warnings are looking flat wrong as consumers power the economy forward

New data out Friday confirms that consumers are still spending and businesses are still investing.

Axios

Nigel Farage’s pledge to end indefinite leave could hurt the economy even before an election

Nigel Farage’s proposal to abolish indefinite leave to remain is a shifting of the goalposts for those who have already come to the UK legally and settled.

The Conversation

US Fed's Preferred Inflation Gauge Rises, With More Cost Pressures Expected

The US Federal Reserve's preferred inflation measure edged up in August as tariffs filtered through the economy, government data showed Friday, with analysts warning of further cost pressures after President Donald Trump unveiled a slew of upcoming duties.

International Business Times

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How sea star wasting disease transformed the West Coast’s ecology and economy

Before 2013, divers on North America’s west coast rarely saw purple sea urchins. The spiky animals, which are voracious kelp eaters,- were a favorite food of the coast’s iconic sunflower sea stars. The giant sea stars, recognizable for their many arms, kept the urchin population in check, with the help…

The Conversation

Direxion's TECL, TECS ETFs Allow Traders To Speculate On Tech's Wild Ride

As an eventful year in 2025 marches toward the final stretch, the broader economy has been hit with several headwinds, ranging from the geopolitical impacts of tariffs to a weakened labor market. Subsequently, many experts fear that the U.S. may soon face stagflation. But despite the myriad warning signs, one…

Benzinga

Latinos sour on Trump over tariffs, economy, immigration raids

Their rising discontent could mean trouble for the GOP heading into the 2026 midterms.

Axios

Britain Is Now The 'Sick Man Of G7' As Anxiety Levels Among Brits Soar – Here Are The Alarming Numbers

Britain faces record disability claims for anxiety and depression, with nearly 650,000 on PIP and rising costs fueling concerns over the economy.

International Business Times UK

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Scott Bessent Says Trump Is Right To Question The UN Because He Is Solution Driven: 'That's What Real Leadership Looks Like'

Treasury Secretary Scott Bessent on Thursday praised President Donald Trump as "solution-driven" and said the president was right to call out the United Nations' shortcomings on immigration, energy and the economy.

Benzinga

Poland Cools On Ukrainians Despite Their Economic Success

Warsaw's central business district is booming alongside Poland's economy, but those teaching yoga and taking coffee orders in bustling premises under glass and steel office towers are often Ukrainian.

International Business Times

Scotland faces major loss to economy if international student levy plans go ahead

Scotland would see the second biggest loss to the economy out of all UK regions if Labour's proposed international student levy goes ahead, analysis…

The National (Scotland)

Asian Markets Drop As US Data, New Tariff Threats Dent Sentiment

Markets retreated Friday as nagging uncertainty about the US interest rate outlook was compounded by data showing the world's biggest economy faring much better than expected and fresh tariff warnings from President Donald Trump.

International Business Times

Student visas crackdown and new levies to cause ‘£1.8bn loss’ to UK economy – with London hit hardest

The Government has proposed a 6 per cent tax on international student tuition fees and a reduction in graduate visas

Evening Standard

Tories set out plan to cut red tape and end ‘woke’ practices

The party has vowed to create a ‘business-led’ law to scrap regulations.

The Independent UK

With rural America starting to see huge financial losses from tariff policies, Trump offers vague aid package to farmers in the heartland

“The farm economy is suffering while our competitors supplant the United States in the biggest soybean import market in the world,” one agricultural trade group said.

Fortune

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Kiplinger

Stocks Are Down for a Third Straight Day: Stock Market Today

Stocks have come a long way in a short time since April and remain near all-time highs as the end of the third quarter approaches.

International Business Times

US Sanctions On Serbian Oil Firm Will Start October 1: Vucic

US sanctions on Serbia's largest oil producer, which is majority Russian-owned, will finally come into force on October 1, Serbian President Aleksandar Vucic said Thursday.

Benzinga

The Wealthy Are Keeping the U.S. Economy Alive—For Now

Despite elevated living costs and a tight job market, the U.S. economy is still strong. Moody's Chief Economist Mark Zandi says it's wealthy people who are keeping the economy afloat.

The Conversation

Why hotter summers are bad for the UK economy

When we think about the impact of climate change on the economy, images of droughts in Africa or hurricanes in the Caribbean might come to mind. But even in advanced economies such as the UK, hotter summers are being shown to carry a heavy price.

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Fortune

'The most distrusted' bull market and economy of our lifetime: Another head-spinning revision rocks Wall Street

“We agree that the economy is strong and growing," says Northlight's Chris Zaccarelli, "but a lot of that good news is already priced in — and then some."

Euronews

BCC: UK should subsidise pay to tackle young worker sickness plight

The UK must tackle long-term sickness if it wants to bolster its workforce and grow the economy, said the British Chamber of Commerce.

Roll Call

At the Races: Slowdown and shutdown - Roll Call

Catch up on the political news of the past week in the latest At the Races newsletter, including on the economy and campaign announcements.

Fortune

If you can't work out why you're struggling when the economy is doing OK, it's because you're on the losing side

Oxford Economics finds that tariffs, labor dynamics, and policy shifts have hit younger and lower-income households hardest.

Euronews

US GDP shows 3.8% growth in second quarter in dramatic upgrade

Imports fell and consumer spending jumped, resulting in a much better economic performance than previously estimated in the world's biggest economy.

The Independent UK

Virgin launches ‘neighbour-free seating’ auctions on flights

Prices for the service start at AU$30 (£14)

The Conversation

The warning signs are clear: We’re heading toward a digital crisis

People’s lives are more enmeshed with digital systems than ever before, increasing users’ vulnerability and insecurity. From data leaks like the 2017 Equifax data breach to the more recent cyberattack on British retailer Marks & Spencer, business operations and data on the internet continue to be vulnerable.

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