NZ economy shrinks, fuelling bets of steeper rate cuts A sharper-than-expected contraction in the New Zealand economy has fuelled expectations of a higher interest rate cut in October. AAP · Sep 18, 2025
Families in Britain are £20,000 worse off than 20 years ago, report warns Income stagnation over the past two decades is ‘unprecedented in modern times,’ damning new report warns The Independent UK · Sep 17, 2025
Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity' “[Spending] may well be skewed toward higher-earning consumers,” Powell said. “There’s a lot of anecdotal evidence to suggest that.” Fortune · Sep 17, 2025
Jerome Powell says the Gen Z hiring nightmare is real: 'Kids coming out of college...are having a hard time finding jobs’ "You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there may be something there." Fortune · Sep 17, 2025
Fed rate cut is attempt to prevent recession without sending prices soaring The Federal Reserve on Sept. 17, 2025, cut its target interest rate as it shifts focus from fighting inflation to supporting the choppy labor market. The Conversation · Sep 17, 2025
Markets expected the rate cut, but the ‘real surprise’ is the Fed’s opinion on the current state of the economy, quant CEO says The Federal Reserve’s policy setup is “bullish for bonds, bearish for the dollar, and neutral for equities in the near term," according to TIAA Wealth Management’s chief investment officer. Fortune · Sep 17, 2025
Energy Demand Concerns Undercut Crude Prices October WTI crude oil (CLV25 ) on Wednesday closed down -0.47 (-0.73%), and October RBOB gasoline (RBV25 ) closed down -0.0129 (-0.63%). Crude oil and gasoline prices were under pressure on Wednesday from energy demand concerns. Wednesday's weaker-than-expected US housing starts and building permits reports were bearish for the economy... Barchart · Sep 17, 2025
Signs of cooling labour market in surprise job numbers Australia's unemployment rate has held steady at 4.2 per cent despite thousands of jobs unexpectedly dropping out of the nation's economy. AAP · Sep 17, 2025
Former BLS chair breaks silence on being fired by Trump and going from unknown to ‘household name’ spoke out about her public firing in a talk for the Levy Economics Institute at Bard College The Independent UK · Sep 17, 2025
Canada Central Bank Cuts Key Lending Rate Citing Trump Tariffs Canada's central bank cut its key lending rate on Wednesday, offering a boost to borrowers in an economy squeezed by US President Donald Trump's trade war. International Business Times · Sep 17, 2025
Indonesia’s Subianto appoints new security minister after deadly protests Ex-rival and former general Djamari Chaniago selected after protests about the economy left 10 dead last month. Al Jazeera · Sep 17, 2025
Moscow's New Tactic: Drones Pound Railway Power Stations to Choke Ukraine's Economy Russia targets Ukraine's railway power substations with drone strikes, crippling rail services, exports and mobility. International Business Times UK · Sep 17, 2025
What is new in UK-US tech deal and what will it mean for the British economy? Nvidia, OpenAI and Microsoft announce investments as part of multibillion-dollar package alongside Trump visit The Guardian - UK · Sep 17, 2025
US Can Avoid Recession If 'Well-To-Do' Continue To Spend, Says Moody's Economist: 'If They Turn More Cautious...' Mark Zandi, the chief economist at Moody’s Analytics, highlighted the role of the wealthy in driving the U.S. economy. Benzinga · Sep 17, 2025
International Business Times · Sep 17, 2025 Amid Bustling Streets, Americans Carry Quiet Worries About The Economy The University of Michigan's consumer-sentiment index fell to 55.4 in September, its lowest since May, reflecting growing worries about job security, rising costs and inflation.
International Business Times · Sep 17, 2025 Affluent Americans Are Losing Faith In The Economy And That's A Problem For Everyone Economic growth isn't just a matter of macro numbers; it's a matter of confidence. And when confidence falters among the people who drive the lion's share of discretionary spending, the warning lights start blinking.
Fortune · Sep 17, 2025 The economy's prospects are reliant on the 'fortunes of the well-to-do' says Moody's, if the ultra-rich get nervy that means recession Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem."
International Business Times · Sep 17, 2025 Hong Kong Leader Unveils Plan To Boost Growth With Border Mega-project, AI Push Hong Kong's leader outlined plans Wednesday to diversify the city's economy and accelerate growth, including fast-tracking an ambitious border development project and establishing the artificial intelligence sector as a "core industry".
The Independent UK · Sep 17, 2025 The Federal Reserve wrestles with how many interest rate cuts to make and how fast With the Federal Reserve widely expected to reduce its key interest rate by a quarter-point to about 4.1%, economists and Wall Street investors will be looking Wednesday for signs of how deeply the Fed might cut rates in the next few months
The Independent UK · Sep 17, 2025 Hong Kong leader unveils plans to boost economy and nurture emerging industries beyond finance Hong Kong's leader has announced plans to accelerate the development of an economic hub near its border with mainland China
The Conversation · Sep 17, 2025 The ‘anxiety economy’ is booming. But should companies be profiting from our fears? When the newly appointed chief executive of tracking app Life360 recently described the company as part of the “anxiety economy”, it sounded like a throwaway phrase. But it was also surprisingly candid.
The Independent UK · Sep 16, 2025 Santander UK urges overhaul of ‘antiquated’ home-buying process A report commissioned by Santander UK said the property market ‘sticks out like a sore thumb’ in an era marked by digitisation in daily life.
The Independent UK · Sep 16, 2025 Failed house buys costing Brits £1.5bn a year as government urged to fix ‘antiquated’ system Buyers are being let down by a system that ‘drains their mental, emotional and physical health’, Santander say
GOBankingRates · Sep 16, 2025 Why Buying a Home Could Be the Smartest Way To Fight Inflation Real estate has historically been used as a hedge against inflation, primarily because it’s an appreciating asset.
The Independent UK · Sep 16, 2025 Al-Qaida-linked militants target fuel trucks in Mali in a blockade that could squeeze the economy Militants linked to al-Qaida have burned around 100 fuel trucks heading to Mali's capital