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The Latest Breaking News from Economy

Commerce Secretary Lutnick Pushes For 'Transparent' GDP Calculation By Removing Government Spending

Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.

International Business Times

Inflation eases to 2.4% in Europe, supporting likely central bank rate cut

Inflation in Europe eased to 2.4% in February, supporting the case for another interest rate cut from the European Central Bank but leaving open how far the central bank will go in lowering borrowing costs

The Independent UK

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product

The Independent UK

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Iran’s economy minister impeached as inflation rises, currency falls

Hemmati removed from office after 182 of 273 lawmakers vote against him as rising cost of living fuels discontent.

Al Jazeera

A samba school rises to Rio Carnival's top league, bringing an economic boom to its poor residents

Carnival always breathes life into the economy of Vila Vintem, on Rio de Janeiro’s west side, but this year there’s even more, with its Unidos de Padre Miguel samba school back in the top parade league for the first time in 57 years

The Independent UK

The world has changed – it’s time for a radical Labour rethink on the economy

With Trump’s true intentions clear, new thinking is needed to fund UK defence, be it fully seizing Russian assets or reversing Hunt’s NI cuts

The Guardian - UK

Russia's old economy is gone, and its wartime transformation has the military primed for a resurgence, former State Dept. official warns

"Even if hostilities were to cease immediately, Russia’s economic transformation is unlikely to be reversed."

Fortune

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I drove the Hyundai Santa Cruz for a week — here’s my pros and cons

After driving the 2025 Hyundai Santa Cruz for a week, it makes me realize that the market is in desperate need for compact electric pickup trucks. Here's why.

Tom’s Guide

Economy needs 'fundamental rebalancing' with Scottish investments, says Kate Forbes

KATE Forbes will tell MSPs the UK economy needs a “fundamental rebalancing” as she calls on the UK Government to invest in Scotland’s industry…

The National (Scotland)

Trump Orders Investigation Into Unfair Trade Practices For Lumber Imports

President Trump's executive action on investigating lumber trade practices raises concerns about potential tariffs and impacts on the US economy.

Top News

The US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast

The Atlanta Fed’s GDP tracker now indicates the economy is headed for a 1.5% contraction in the first quarter, after showing 2.3% growth just days earlier.

Fortune

Australian economy to get pulse check, RBA minutes drop

National accounts figures headline a bumper week on the economic front, with RBA minutes, retail trade, housing data and government finances also on show.

AAP

Firings at US weather and oceans agency risk lives and economy, former agency heads warn

The people who once ran the federal weather and oceans agency say it touches people’s daily lives in unnoticed ways and that massive firings there could cause needless deaths and a big hit to America’s economy

The Independent UK

3 Rail Stocks Keeping the Economy Moving

The rail industry is rapidly growing, driven by technological advancements, increasing urbanization, and the demand for sustainable transportation solutions. Hence, it could be ideal to keep track of top rail stocks such as GATX (GATX), FreightCar America (RAIL), and L.B. Foster (FSTR), which keeps the economy moving. Read more.

StockNews.com

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Fortune

Trump gets lower yields—because investors fear growth is slowing

Stocks dipped this week as investors grappled with softer economic data and renewed tariff threats.

The National (Scotland)

Spain's economy is growing as it boosts immigration. What lessons for Scotland?

SPAIN’S economy is buzzing – expanding by over 3 per cent last year, outpacing its European neighbours as well as the UK ...

Salon

HIV/AIDS treatment needs federal support

We can now prevent HIV transmissions and deaths — progress impossible without investments from the U.S. government

The Guardian - UK

Cutting ‘waste’ or more tax: how Reeves could appease OBR in spring statement

A weak economy, higher borrowing costs and increased defence spending will mean tough decisions

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The Guardian - US

Trump can’t fulfil his promise to fix the economy, so he’s blaming workers instead

Forget about inflation. Now it’s all about cutting ‘waste’ in the form of jobs and our already paltry social safety net

The Conversation

Coastal economies rely on NOAA, from Maine to Florida, Texas and Alaska – even if they don’t realize it

Healthy coastal ecosystems play crucial roles in the U.S. economy, from supporting multibillion-dollar fisheries and tourism industries to protecting coastlines from storms.

Dynamite News

India's GDP grows 6.2 in Q3 of 2024-2025 fiscal year

In July-September, the economy recorded a growth of 5.6 per cent. Read further on Dynamite News:

Latin Times

What Is The 'Economic Blackout' Seeking To 'Disrupt The Economy' For 1 Day?

A new movement is making waves in the U.S. as it encourages consumers to not spend anything on major retailers, chains, and other corporations on Friday, gaining the support of some very influential people.

International Business Times

What Is 'Economic Blackout' And How Is It Seeking To 'Disrupt The Economy' For 1 Day?

Barchart

S&P Futures Gain With Focus on U.S. PCE Inflation Data

March S&P 500 E-Mini futures (ESH25) are trending up +0.38% this morning, staging a partial rebound from the prior session’s losses, while investors brace for the release of the Federal Reserve’s first-line inflation gauge.

Newslaundry

US tariffs, impact on economy: USAID row helps bury the big questions

Can the media avoid falling for the politics of distraction? Apparently not, as far as the media in India is concerned.

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