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The Latest Breaking News from Economy

Cost of breast cancer to UK economy set to increase further

Breast cancer is one of the most common cancers in the UK, with around 56,000 new cases every year and around 11,000 deaths

The Independent UK

Breast cancer could cost UK economy £4.2bn by 2050, report suggests

The figures include the costs to the NHS of diagnosing and treating the disease, as well as the cost to the economy in lost productivity.

Evening Standard

Donald Trump Lauds Economic Success, Yet Public Sentiment Tells A Different Story

The U.S. economy, despite being hailed as robust by President Donald Trump, has failed to win over the American voters.

Benzinga

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read the most diverse news in one place.

The Market Isn’t Lagging - It’s Distorted: Why Investors Must Stop Treating the S&P as the Economy’s Crystal Ball

The market no longer predicts the economy. It mirrors liquidity and flows, and the only edge now is exploiting distortions where they break.

Barchart

I Asked ChatGPT How the Trump Tariffs Will Affect the Economy: Here’s What It Said

ChatGPT reveals how Trump’s tariffs could impact GDP, inflation and the job market. Here’s what it could mean for your wallet and the broader economy.

GOBankingRates

7 Reasons To Claim Social Security Early in Trump’s Economy

In the current economy, a lot is up in the air, including the future of Social Security. Here are 7 reasons why you might want to claim soon if you're eligible.

GOBankingRates

Trump Warns Of Massive Debt, Peter Grandich Warns Of 'Most Dangerous Time in 40 Years,' Fed Trapped In Inflation And More: This Week In Economy

The week was filled with some interesting stories. Here’s a quick rundown of what you might have missed.

Benzinga

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Indonesia Leader In Damage Control, Installs Loyalists After Protests

In removing Indonesia's finance minister and U-turning on protester demands, the leader of Southeast Asia's biggest economy is scrambling to restore public trust while seizing a chance to install loyalists after deadly riots last month, experts say.

International Business Times

Russia's central bank reveals GDP is shrinking, in a sign Putin's war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical recession.

Fortune

As US edges closer to stagflation, economists blame Trump policies

Recent data shows stagflation, stagnant growth and price inflation, is possible as economy shaken by uncertainty

The Guardian - US

Why a decline in the UK's university sector is a threat to GDP

UK universities face a funding crisis that could cost the overall economy, but mostly impact a few already fragile regions, said Oxford Economics in a recent report.

Euronews

FC 26 Ultimate Team Launch Update patch notes – Economy rebalance, Silver Stars, and more

EA Sports listening for a change.

Destructoid

Summer slowdown and US consumer sentiment drop casts shadow on markets

Evidence pointed to a ‘summer slowdown’ as the UK registered no growth in July.

Evening Standard

Voices: Zero change. Zero growth. Zero hope of Rachel Reeves being rescued

COMMENT: The chancellor, faced with a flatlining economy, is trapped in an impossible dilemma – come the Budget, she’ll have to break her election promises or break her fiscal rules, warns John Rentoul

The Independent UK

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International Business Times

Russia Cuts Interest Rate As Economy Slows

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine offensive.

The Independent UK

Russia cuts interest rate to 17% as wartime economy slows while deficit grows

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget deficit increases

International Business Times

Russian Central Bank Cuts Interest Rate As Economy Slows

Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing concerns over an economic slowdown amid the Ukraine offensive.

Euronews

Scottish brewer helps Palestine beer make its way from West Bank to UK

Since the war began, the Israeli crackdown has hit the West Bank industry and economy hard, forcing bars, restaurants and hotels to close.

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Evening Standard

Barclays chief urges Government to limit wage rises and avoid hiking bank taxes

CS Venkatakrishnan, chief executive of the banking group, told the Financial Times that wage inflation was a problem across the UK economy.

Benzinga

Billionaire Ray Dalio Warns Debt-Laden US Economy Faces 'Heart Attack,' Advises Investors To Hold 10–15% Gold

Bridgewater Associates founder Ray Dalio issued stark warnings about the U.S. economy’s mounting debt burden, comparing the fiscal strain to arterial blockage that could trigger a financial “heart attack.”

The Guardian - UK

Stagnant GDP shows scale of challenge for Rachel Reeves at autumn budget

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

Benzinga

Donald Trump Says 'No Inflation!!!,' But This Economist Asks 'Says Who?' As August CPI Rises In Line With Estimates

The U.S. economy experienced inflation acceleration in August, which was largely in line with market expectations, sparking a debate as President Donald Trump declared “No Inflation!!!” on social media. That claim was promptly challenged by economist Justin Wolfers, who asked, “No inflation? Says who?”.

The Independent UK

Why the UK economy failed to grow in July

IN FULL

The Independent UK

UK economy flatlined in July after sharp contraction in manufacturing

The sector saw activity fall by 1.3 per cent, holding back growth in the wider economy

Evening Standard

Economy flatlined in July after sharp contraction in manufacturing

The manufacturing sector saw activity fall by 1.3%.

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