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The Latest Breaking News from Economy

The U.S. now suffers from these 5 dead giveaways of an emerging-market economy in trouble, former IMF official says — 'It pains me to say it'

"Worse, by dint of its size, America’s actions have a much greater impact on the world economy than those of any run-of-the-mill emerging market."

Fortune

This week’s federal budget will focus on cost-of-living measures – and a more uncertain global economy

Treasurer Jim Chalmers will bring down the federal budget on Tuesday.

The Conversation

Will Iran go nuclear now that Trump is in power - or can a deal be done?

Will Iran build its first nuclear bomb or will it reach a deal with the West? A journalist from the Euronews Persian Service examines Tehran's options.

Euronews

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Cathie Wood says the U.S. is in a 'rolling recession' as money velocity collapses, but that will help unlock Fed rate cuts and lower taxes

The Ark Invest CEO also said she has been buying Tesla stock and crypto-related assets like Coinbase and Robinhood during the market's downturn.

Fortune

Income tax cuts and jobs at risk due to trade war, Donohoe says

Government plans for tax cuts may have to be postponed due to the threat of a global trade war, the finance minister has said.

The Independent UK

Rachel Reeves to cut 10,000 civil service jobs in effort to lower government costs

UK chancellor ‘not satisfied’ with the current numbers, but promises the economy and living standards will improve

The Guardian - UK

Rachel Reeves bets the house on 60,000 new bricklayers to help jumpstart economy

The chancellor reveals plans to train up to 60,000 bricklayers, electricians, engineers and carpenters over the next four years

The Independent UK

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‘Tax exile’s half-baked scheme’: Jim Ratcliffe challenged over Man Utd plan to use public funds for £2bn stadium project

Club co-owner’s request for hundreds of millions of pounds to help regenerate local area labelled ‘outrageous’ by critics

The Guardian - UK

The end of 50-year privatization project

Trump’s DOGE campaign accelerates a longtime Republican trend

Salon

‘The Big Short’ investor who predicted the 2008 crash warns the market is 'underestimating’ the economic impact of DOGE’s mass firings

The cost-cutting spree isn’t limited to government—billions in private-business contracts are affected, Danny Moses told Fortune.

Fortune

Heathrow closure to cost UK economy up to £4.8m in lost tourism

As well as airlines and passengers, local business and the wider UK economy would be hit by the shutdown

The Independent UK

This Scottish town's economy is set to grow faster than Edinburgh and Glasgow's

STIRLING'S economy is set to outgrow that of Glasgow and other major cities over the next three years.

The National (Scotland)

Trade war risks increased prices, slower growth and jobs impact, minister warns

Paschal Donohoe was speaking following the publication of a report on the potential impact of tariffs.

Evening Standard

1 Growth Stock to Avoid as Markets Brace for Trump’s Reciprocal Tariffs on ‘Liberation Day’

Trump has vowed to impose reciprocal tariffs on April 2, terming the day as “liberation day” for the U.S. economy.

Barchart

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The Independent UK

Budget 2025: What time is the Spring Statement – and what will be in it?

There have been several big policy announcements in the run-up to the event, most recently welfare changes to achieve £5 billion in spending cuts by 2029/30

Marie Claire

What happened at the BFC’s Institute of Positive Fashion Forum 2025

The annual event explores how to accelerate a circular fashion economy in the UK

The Guardian - UK

Troubled UK statistics agency warns of errors in its growth figures

ONS, already working on fixing a survey, uncovers problems with two indices used to measure prices in economy

The Independent UK

German parliament's upper house gives final approval to huge defense and borrowing package

The prospective next German government’s plans to enable higher defense spending by loosening strict debt rules and to set up a huge infrastructure fund that’s aimed at boosting Europe’s biggest economy have cleared their final parliamentary hurdle with approval by the upper house

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International Business Times

Japan's Core Inflation Rate Slows To 3% In Feburary

Japan's core inflation rate decelerated in February, government data showed Friday, with prices excluding fresh food rising 3.0 percent year-on-year in the world's fourth-largest economy.

The Independent UK

Lord Sugar: Starmer should ‘get down on bended knee and beg’ to get back into EU

Lord Alan Sugar has urged Keir Starmer to ‘get down on bended knee and beg’ the EU to let Britain rejoin, in order to save the economy.

International Business Times UK

Transatlantic Trade at Risk: AmCham Warns of Economic Fallout Amid US-EU Trade War

The U.S. economy is projected to expand by 2.7%, whereas Europe is expected to see a more modest growth rate of 1%.

Salon

Trump pushes Fed to cut rates

The president urged the Fed to lower rates after the central bank said tariffs make things too uncertain

The Conversation

The history of ‘common sense’ matters when caring for our common home

In recent years, the idea of “common sense” has again catapulted to prominence in the conservative political landscape.

Fortune

Amid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth

The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday.

Euronews

BusinessEurope: Why Europe’s economy is on a make-or-break knife-edge

Boosting competitiveness in the face of weak growth and tariff threats is now a matter of urgency, says business chief.

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