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The Latest Breaking News from Economy

US Second Quarter GDP Growth To Reflect Tariff Turbulence

US economic growth is expected to rebound in the second quarter, analysts said, in a momentary comeback reflecting trade shifts as companies tried to avoid the harshest of President Donald Trump's wide-ranging tariffs.

International Business Times

Rate cut looms as inflation result brings RBA 'comfort'

The Reserve Bank should have "all the comfort it needs" to cut interest rates again in August after underlying inflation fell to a three-and-a-half year low.

AAP

'The rise of the CEO gig economy': Turnover in the corner office is the highest in decades, report finds

"Identifying the right leader for long-term success has become increasingly difficult,” says Andy Challenger, labor and workplace expert at Challenger, Gray & Christmas.

Fortune

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OPINION - Will the last Londoner to leave the pub please turn out the lights?

The pub has forever been regarded as a home away from home, especially for sports fans, so it’s no surprise that people flocked to the pub to cheer on our fantastic Lionesses as they romped to victory over Spain in the Euro Finals. And my organisation, the BBPA (British Beer…

Evening Standard

China announces child subsidy programme as births hit historic lows

After decades of curbing births, China is urgently trying to reverse a population slump that puts its economic and political future at risk.

Euronews

German politicians furious at von der Leyen over new EU-US trade deal

German businesses and politicians are shocked by the customs deal that EU executive chief Ursula von der Leyen negotiated with the US president, seen as potentially damaging to Germany's economy.

Euronews

Trump Approval Rating 46%: Less Than Half The Country Approves Of President's Handling Of Economy, Cryptocurrency

President Donald Trump's approval rating continues to trend below 50% with voters unsure about several key items such as tariffs, the economy and the recent passage of the One Big Beautiful Bill.

Benzinga

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US consumer confidence improves slightly in July, but Americans remain concerned about tariffs

Americans’ view of the U.S. economy improved this month, but Americans remain concerned about the impact of tariffs on their economic futures

The Independent UK

Britain set for minor boost as world economy growth forecast upgraded despite Trump tariffs

The IMF said the global economy would be more resilient than it expected in May

The Independent UK

3 Ways a Trump-Powell Faceoff Could Affect Your Wallet This Summer

A Trump-Powell clash could shake up interest rates, inflation and your summer spending. Here are 3 ways it might hit your wallet.

GOBankingRates

I live in Britain; I grew up in Israel. It’s painful to say, but we need real UK sanctions to save Gaza

Symbolic gestures and empty statements are no longer enough. In Israel’s globalised economy, here’s what will shift public opinion, says says senior lecturer in Israeli studies Yair Wallach

The Guardian - UK

Sanctioning ghosts: Why US plans to hit Russia with fresh economic penalties will have little effect

One way or other, it looks like Russia could soon be slapped with a fresh round of U.S. sanctions.

The Conversation

Greek government cautious on new EU-US trade deal reached with Trump

Greek finance minister and other trade officials share their thoughts on the tariff agreement reached between US President Donald Trump and European Commission President Ursula von der Leyen.

Euronews

Spain’s economy grows 0.7% as it continues to outshine eurozone peers

Household consumption and business investment have driven the quarterly uptick as employment growth remains strong.

Euronews

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Fortune

Ping An wants to turn China's demographic crisis into an opportunity to showcase a ‘silver future’

The population in China is getting older—and wealthier, better educated, and more skilled. The company sees it as a business opportunity.

The Conversation

How real-time data can lead to better decisions on everything from NZ’s interest rates to business investment

It is late July, and New Zealand is slowly receiving economic data from the June quarter. Inflation has hit a 12-month high, for example, confirming what many already suspected. But the country is still nearly two months away from getting figures on economic activity – namely, gross domestic product (GDP).

Fortune

‘Not just a cyclical recovery, but a boom.’ BofA says a ‘key tail risk’ is that the Trump economy will actually start to take off

“Today a confluence of factors argue that the key tail risk that may not be priced in is not just a cyclical recovery, but a boom,” BofA Research analysts write.

Latin Times

U.S. Economy Will Lose Billions of Dollars As TPS Ends For Millions Of Migrants, Experts Say

Temporary Protections are set to end for millions of migrants from across the country. Experts warn the move may have significant economic impacts for the U.S.

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The Guardian - UK

Retired baby boomers aren’t responsible for national woes

Letter: Putting money into saving for a future, rather than buying a new car each year, doesn’t make me responsible for low growth of the UK economy, says Neil Heydon-Dumbleton

Benzinga

Goodbye 4 a.m. Grind—Elite CEOs Say Sleep Is the Ultimate Productivity Hack

Forget 4 a.m. wakeups — top executives are now prioritizing rest as a performance tool, fueling a booming global sleep economy worth over $500 billion, Fortune reported.

International Business Times UK

Chevron, Tesla, Oracle and More: 11 Companies That Have Left California and Why

Chevron, Tesla, Oracle among 11 firms leaving California by 2025 due to high costs, strict regulations, impacting jobs and economy.

Clever Dude

Avoid These 7 Hybrids—They Don’t Hold Up After 100K Miles

Buying a used hybrid can seem smart—great fuel economy, lower emissions, and modern tech all in one package. But not all hybrids age well. Some models are notorious for developing expensive issues right after 100,000 miles—especially once the warranty expires. Whether you’re shopping for reliability or long-term savings, knowing which…

Tom’s Guide

I gave the 2025 Honda Civic Hybrid a second chance — and it smashed my expectations

After a disappointing turnout earlier this year, I gave the 2025 Honda Civic Hybrid a second chance to prove its excellent fuel economy.

Everybody Loves Your Money

10 Money Moves That Were Smart in 2005 But Not Anymore

Back in 2005, some financial decisions made perfect sense. The economy was different, technology was emerging, and the real estate market hadn’t yet collapsed under the weight of the housing bubble. Smartphones were barely a thing, crypto didn’t exist, and interest rates looked nothing like they do now.

The Conversation

There’s enough natural hydrogen in the Earth’s crust to help power the green energy transition

Since their formation billions of years ago, the oldest parts of the Earth’s continental rocks have generated natural hydrogen in massive amounts. Some of this hydrogen may have accumulated within accessible traps and reservoirs under the Earth’s surface. This store has the potential to contribute to the global hydrogen economy…

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