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The Latest Breaking News from Economy

Bank of England policymaker warns of rising inflation risk

Deputy governor Dave Ramsden pointed to ‘increased uncertainty’ in the UK economy in a speech on Friday, amid higher-than-expected price rises.

Evening Standard

UK ‘the golden child of Europe’ as stocks rally in London; US goods trade deficit widens as tariffs backfire – as it happened

UK’s balanced trade with the US, Trump’s fondness for Britain, and new invitation for a state visit at Buckingham Palace, make the UK popular with investors today

The Guardian - UK

Foreign workers help Spain's economic growth outpace the US and the rest of Europe

Foreign workers have helped to make Spain’s economy the envy of the industrialized world, even as anti-immigration sentiments grow elsewhere in Europe and in the United States

The Independent UK

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Stock market today: Asian shares skid, hit by AI doubts and Trump tariff hikes

Shares have retreated in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology

The Independent UK

Trump administration briefing: hundreds fired from US climate agency as Americans feel economy getting worse

Democrats warn that cutting jobs at Noaa ‘will cost American lives’ – key US politics stories from Wednesday at a glance

The Guardian - US

Starmer pledges to review AI plans after musicians and artists warn they face being ripped off

Pop legends Elton John and Paul McCartney are among a host of artists warning that proposed changes to copyright law could make it impossible for creatives to earn a living

The Independent UK

Donald Trump says ‘real’ UK trade deal could mean no tariffs as King Charles invites US President for ‘historic’ second state visit

Sir Keir Starmer and Trump held crunch White House talks on Ukraine and economy

Evening Standard

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Dollar Rallies on Expectations of US Tariffs on Canada and Mexico

The dollar index (DXY00 ) Thursday rose by +0.77% and posted a 1-week high. The dollar rallied Thursday on signs of strength in the US economy after Q4 GDP was left unrevised. Also, Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose more than...

Barchart

America’s consumer economy is hostage to its top earners—and that could mean trouble down the road

A Moody’s Analytics report revealed America’s wealthiest individuals are buoying discretionary spending.

Fortune

Most Americans say economy is getting worse but Republican views do backflip

Harris poll finds 51% of Americans think US economy is worsening with views on Trump tariffs split on party lines

The Guardian - US

Dollar Rallies as President Trump Affirms Tariffs on Canada and Mexico

The dollar index (DXY00 ) today is up by +0.68% at a 1-week high. The dollar is climbing today on signs of strength in the US economy after Q4 GDP was left unrevised, and Jan capital goods new orders nondefense ex-aircraft and parts, a proxy for capital spending, rose more...

Barchart

Trump Administration Implements Plans For Federal Employee Layoffs

Trump administration's policies on federal layoffs, tariffs, diversity programs, and foreign aid face opposition and challenges, impacting global economy a...

Top News

U.S. economy expanded at 2.3% annual pace from October to December, unchanged from initial estimate

The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of fourth-quarter growth

The Independent UK

Congress slams PM Modi on F-35 fighter jet deal with US

Party Spokesperson Ajoy Kumar also claimed that reciprocal tariffs imposed by the Trump administration against Indian would destroy the country's economy. Read further on Dynamite News:

Dynamite News

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Evening Standard

Nearly three-quarters feel airport expansion unlikely to benefit them – poll

Aviation growth ranked below renewables, public transport, repair schemes and insulation for the positive impact it could have on economy and people.

The Guardian - UK

Ukraine’s economy could grow by 5% next year if hostilities end, EBRD says

European reconstruction bank will help rebuild country if peace is agreed but a lasting end to conflict is needed

Al Jazeera

Iran’s government hits out at crypto again as currency freefalls

Iran appears poised to impose new levels of control and oversight into crypto amid deteriorating economic conditions.

The Guardian - UK

Sadiq Khan aims to add £100bn to London’s economy by 2035

Capital’s mayor wants return to productivity growth, which has struggled to recover from 2008 financial crisis

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The National (Scotland)

The truth behind Scotland's oil and the McCrone Report

FOR many Scots, the striking poster of Margaret Thatcher with fangs that dripped oil instead of blood sums up the waste of the profits from the…

Evening Standard

Sadiq Khan launches growth plan to 'turbocharge' London economy with '£11,000-in-your-pocket' claim

Mayor says his London Growth Plan could put an extra pre-tax average of £11,000 in each Londoner’s pocket

StockNews.com

3 Metaverse Stocks Building the Virtual Economy

The metaverse isn’t just a futuristic fantasy; it’s shaping up to be the next big digital economy. As digital spaces evolve into thriving marketplaces, companies like Apple (AAPL), NVIDIA Corp. (NVDA), and Meta Platforms (META) are building the foundation for this new era. Thus, investing in them could be rewarding.…

Fortune

Experts warn of federal government brain drain that could be ‘devastating’ for the U.S. economy

“It’s really a devastating way to manage a business, and it’s a devastating way to manage the government.”

The Conversation

The world needs a circular economy. But workers in developing countries shouldn’t pay the price

The circular economy offers a fresh approach to how we produce and consume, focusing on reducing, reusing, recycling and recovering. It moves us away from the traditional “make, use, discard” model, creating a more sustainable system to balance the needs of the economy, society and nature. Living within the planet’s…

AAP

Reasons for struggling productivity growth revealed

Inefficient use of resources and a lack of new ideas have contributed to Australia's declining productivity growth, the Productivity Commission says.

The Independent UK

EU executive plans a major reset of economy as critics fear climate will suffer

The European Union has announced plans for a major revamp of its economic strategy to meet demands of the bloc’s captains of industry

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